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 ...

Exogenous oil supply shocks and global agricultural commodity prices

We find evidence that unfavorable exogenous oil supply shocks affect global food commodity prices partly through the biofuel production channel. Finally, we ...

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

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

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 ...

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 - MIT Press Direct

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

Exogenous Oil Supply Shocks - Banque du Canada

It is shown that exogenous oil supply shocks made remarkably little difference overall for the evolution of U.S. real GDP growth and CPI inflation since the ...

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

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 ...

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

Exogenous supply shocks originate mainly from geopolitical and political episodes in oil producing countries that lead to the actual disruption ...

Comparison of the Effects of Exogenous Oil Supply Shocks on ...

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

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 ...

Exogenous Oil Supply Shocks and Global Agricultural Commodity ...

Moreover, the significant positive effect of the unfavorable exogenous oil supply shock on global agricultural commodity prices is primarily ...

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 do ...

This study focuses on the modern OPEC period since 1973. The results differ along a number of dimensions from the conventional wisdom. First, it is shown that ...

The Economic Consequences of Oil Shocks: Differences across ...

The effects of exogenous oil supply shocks are, however, very different across countries when oil prices increase. Whereas net oil- and energy-importing ...

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) ...

Exogenous Oil supply Shocks in OPEC and Non-OPEC Countries

Abstract. This paper expands Kilian's (2008) original time series of exogenous oil supply shocks along two dimensions. First, we extend the sample period to ...

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

Overall, endogenous supply shocks play an increasing important role in the historical evolution of the oil price, but it must be noted that oil ...

The effect of oil supply shocks on industry returns - ScienceDirect

Hamilton (2011) argues that exogenous oil supply shocks cause recessions as 10 out of 11 postwar U.S. recessions were preceded by a rapid increase in oil prices ...

Exogenous oil supply shocks: how big are they and how much do ...

... oil price increases during oil crisis periods can be attributed to exogenous oil production disruptions. Exogenous oil supply shocks cause a sharp drop of ...