[PDF] Exogenous Oil Supply Shocks

Exogenous Oil Supply Shocks - Bank of Canada

What are the dynamic effects of exogenous oil production shortfalls on U.S. real GDP growth and CPI inflation? 3. To what extent do exogenous oil supply shocks ...

Exogenous oil supply shocks: how big are they and how - jstor

Exogenous oil supply shocks cause a sharp drop of U.S. real GDP growth after five quarters rather than an immediate and sustained reduction in economic growth ...

a comparison of the effects of exogenous oil supply shocks on ...

The median CPI inflation response peaks three to four quarters after the shock. Exogenous oil supply disruptions do not neces- sarily generate sustained CPI ...

Exogenous oil supply shocks in OPEC and non-OPEC countries

Keywords: Counterfactual analysis, Crude oil production, Exogenous events, Oil supply shocks. JEL classification: N50, Q31, Q35. *. We thank ...

Exogenous Oil Supply Shocks: How Big Are They and How Much ...

Exogenous oil supply shocks cause a sharp drop of US real GDP growth after five quarters rather than an immediate and sustained reduction in economic growth.

Oil Price Shocks: - Oxford Institute for Energy Studies

Shocks of Crude Oil. Andreas Economou*. Page 2. i. August 2016 – Oil Price Shocks: A Measure of the Exogenous and Endogenous Supply Shocks of ...

Exogenous Oil Supply Shocks - Banque du Canada

Using this approach and the new exogenous oil supply shock measure, I find statistically significant evidence of a sharp drop in real GDP growth five quarters ...

Exogenous oil supply shocks and global agricultural commodity prices

Using quarterly data ranging from 1986Q1 to 2019Q4, this paper identifies an oil supply shock that is exogenous to global real economic activity in the ...

Exogenous Oil Supply Shocks and Global Agricultural Commodity ...

Against this background, based on the proxy structural vector autoregressions (SAVR), this paper identifies an oil supply shock that is ...

Exogenous Oil Supply Shocks: How Big Are They and ... - EconPapers

Exogenous oil supply shocks cause a sharp drop of US real GDP growth after five quarters rather than an immediate and sustained reduction in economic growth.

Exogenous oil supply shocks and Agriculture - SSRN

Consequently, an adverse oil supply shock could have a differential impact on feedstock and associated agricultural commodity prices compared with other ...

Second-Round Effects of Oil Price Shocks

Given the prominence of supply shocks, the second-round effects of exogenous price shocks have become one of key considerations for monetary policy. To take ...

Understanding the effects of exogenous oil supply shocks - EconStor

How much are economic outcomes in industrialized countries affected by crude oil production shortfalls triggered by exogenous events in OPEC countries? A common ...

the effects of exogenous oil supply shocks on output and inflation

An exogenous oil supply disruption typically causes a temporary reduction in real GDP growth that is concentrated in the second year after the shock. (2) ...

The macroeconomic effects of oil supply news: Evidence from OPEC ...

jointly, using Kilian's (2008) exogenous supply shock measure and my oil supply ... News and surprise shocks. Figure 19: Oil supply surprise and news shocks ...

[PDF] Exogenous Oil Supply Shocks: How Big Are They and How ...

The paper proposes a new measure of exogenous oil supply shocks. The timing, the magnitude, and the sign of this measure may differ greatly from current ...

Oil Price Shocks: A Measure of the Exogenous and Endogenous ...

Request PDF | Oil Price Shocks: A Measure of the Exogenous and Endogenous Supply Shocks of Crude Oil | The paper introduces a new measure that jointly ...

Transitory and Permanent Shocks in the Global Market for Crude Oil

Hence, we assume that the four endogenous variables are driven by five exogenous shocks: a nonstationary oil supply, denoted Ψs; a stationary oil supply shock ...

Oil Price Shocks and Inflation - Federal Reserve Bank of Dallas

... demand and supply shifts in global oil markets support the view that oil price fluctuations are primarily driven by exogenous oil supply shocks.

What is an Oil Shock?* - UC San Diego Department of Economics

Perez (1994) dummy variables for exogenous oil supply shocks, or the refinement suggested here of using current and lagged values of Qt in place of oil prices ...