Monetary Policy and Crude Oil

This book PDF is perfect for those who love Electronic Books genre, written by Basil Oberholzer and published by Edward Elgar Publishing which was released on 28 July 2017 with total hardcover pages 304. You could read this book directly on your devices with pdf, epub and kindle format, check detail and related Monetary Policy and Crude Oil books below.

Monetary Policy and Crude Oil
Monetary Policy and Crude Oil
Author : Basil Oberholzer
File Size : 54,5 Mb
Publisher : Edward Elgar Publishing
Language : English
Release Date : 28 July 2017
ISBN : 9781786437891
Pages : 304 pages
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Monetary Policy and Crude Oil by Basil Oberholzer Book PDF Summary

The global crude oil market is critically important in many respects. It is the fuel that drives the global economy and, as such, is the focus of climate policies. Moreover, crude oil is the basis of a tradable financial asset. It is therefore connected to several outstanding macroeconomic developments of recent years, including financial market fluctuations, the financial crisis and the exceptional conduct of monetary policy. This book investigates the impacts of monetary policy and the financial system on the global crude oil market. Furthermore, it outlines how monetary policy may also be used to guarantee stability and to contribute to ecological sustainability.

Monetary Policy and Crude Oil

Monetary Policy and Crude Oil by Basil Oberholzer

The global crude oil market is critically important in many respects. It is the fuel that drives the global economy and, as such, is the focus of climate policies. Moreover, crude oil is the basis of a tradable financial asset. It is therefore connected to several outstanding macroeconomic developments of

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Monetary Policy and the Oil Market

Monetary Policy and the Oil Market by Naoyuki Yoshino,Farhad Taghizadeh-Hesary

While oil price fluctuations in the past can be explained by pure supply factors, this book argues that it is monetary policy that plays a significant role in setting global oil prices. It is a key factor often neglected in much of the earlier literature on the determinants of asset

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World Crude Oil Markets

World Crude Oil Markets by Noureddine Krichene

This paper examines the relationship between monetary policy and oil prices within a world oil demand and supply model. Low price and high income elasticities of demand and rigid supply explain high price volatilities and producers' market power. Exchange and interest rates do influence oil market equilibrium. The relationship between

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Monetary Policy Response to Oil Price Shocks

Monetary Policy Response to Oil Price Shocks by Jean-Marc Natal

How should monetary authorities react to an oil price shock? A trade-off between stabilizing inflation and the welfare relevant output gap arises in a distorted economy once one recognizes: (1) that oil (energy) cannot be easily substituted by other factors in the short-run; (2) that there is no fiscal transfer available to

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Monetary Policy and the Oil Futures Market

Monetary Policy and the Oil Futures Market by Sandra Eickmeier

We assess the transmission of monetary policy shocks on oil prices using a VAR model. We identify monetary policy and financial activity shocks disentangled from demand and oil supply shocks using sign restrictions. We obtain the following main findings. (i) Monetary policy and financial activity shocks both have a significant

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On the Sources of Oil Price Fluctuations

On the Sources of Oil Price Fluctuations by Deren Unalmis,Ibrahim Unalmis,Ms.Filiz Unsal

Analyzing macroeconomic impacts of oil price changes requires first to investigate different sources of these changes and their distinct effects. Kilian (2009) analyzes the effects of an oil supply shock, an aggregate demand shock, and a precautionary oil demand shock. The paper's aim is to model macroeconomic consequences of these shocks

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Oil Market Developments and Issues

Oil Market Developments and Issues by International Monetary Fund. Policy Development and Review Dept.,International Monetary Fund. Strategy, Policy, & Review Department

The discussion in this paper of the causes and consequences of recent oil price increases, and the appropriate policy response, is framed by the volatility and uncertainty that characterize the oil market. Volatile prices arise from supply and demand that are both highly inelastic in the short run, with the

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Systematic Monetary Policy and the Effects of Oil Price Shocks

Systematic Monetary Policy and the Effects of Oil Price Shocks by Ben Bernanke,Mark Gertler,Mark Watson

Download or read online Systematic Monetary Policy and the Effects of Oil Price Shocks written by Ben Bernanke,Mark Gertler,Mark Watson, published by Unknown which was released on 1997. Get Systematic Monetary Policy and the Effects of Oil Price Shocks Books now! Available in PDF, ePub and Kindle.

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