The Asymmetric Effects of Oil Shocks on an Oil|exporting Economy*

The Asymmetric Effects of Oil Shocks on an Oil-exporting Economy*

We estimate the effects of unexpected changes in oil prices on output for the case of Venezuela, an oil-exporting economy. Following Hamilton (2003), Lee et ...

The Asymmetric Effects of Oil Shocks on an Oil-exporting Economy

Our results are robust to an alternative measure of oil price shocks derived by using Kilian' s (2009) exogenous OPEC oil production shock series. JEL : C22, ...

The Asymmetric Effects of Oil Shocks on an Oil-exporting Economy

Cuñado, J. and F.P de Gracia (2003), "Do Oil Price Shocks Matter? Evidence for some European Countries. Energy Economics, 25(2):137-154.

Asymmetric effects of oil shocks on economic policy uncertainty

The results of the asymmetric test also showed that the positive and negative shocks in oil prices do not have an asymmetric effect on the EPU ...

Asymmetric effects of oil price shocks in oil‐exporting countries: the ...

Many empirical studies on the oil price shock effects on the economies of oil-exporting countries have assumed a linear relationship between ...

The asymmetric effects of oil price shocks on the world food prices

The study aims to examine the nexus between food and oil price by applying the advanced econometric technique quantile on quantile regression (QnQ) and monthly ...

THE ASYMMETRIC EFFECTS OF OIL PRICE SHOCKS

We find that oil price uncertainty has a negative effect on output, and that shocks to the price of oil and its uncertainty have asymmetric effects on output.

Modeling the Asymmetric Effects of an Oil Price Shock

Since that mechanism is unimportant when energy prices fall, the downward nominal wage constraint causes output to react asymmetrically to oil price shocks. JEL ...

Asymmetric Effects of Oil Price Shocks on Economic Growth of Oil ...

The recent research on the oil-macroeconomy relationship in the oil-importing countries shows that oil price shocks have asymmetric effects on ...

The Asymmetric Effects of Oil Shocks on an Oil-exporting Economy

Following Hamilton (2003), Lee et al. (1995), and Mork (1989), we estimate measures of oil shocks and determine the effect of these shocks on the Venezuelan ...

Asymmetric effects of oil price shocks in oil-exporting countries

The model consists of oil price shocks and economic growth as two major variables of interest as well as intermediate variables such as investment, exchange ...

Asymmetric effects of oil price shocks in oil-exporting countries

Many empirical studies on the oil price shock effects on the economies of oil-exporting countries have assumed a linear relationship between the shocks and ...

Asymmetric oil price shocks and the economies of selected oil ...

The study found that oil price shock had significant impact on the macro-economy (unemployment, GNP and inflation) than monetary or fiscal ...

Asymmetric oil prices and trade imbalances: does the source of the ...

We examine the asymmetric effects of oil supply shocks, shocks to global real economic activity, and oil-specific demand shocks on the oil, non-oil and ...

View of The Asymmetric Effects of Oil Price Shocks on the Canadian ...

The Asymmetric Effects of Oil Price Shocks on the CanadianEconomyLuiggi Donayre∗Department of EconomicsUniversity of Minnesota-DuluthNeil A.

Asymmetric Effects of Oil Price Shocks on Economic Growth of Oil ...

In measuring oil shocks in oil-exporting countries, we use oil revenues rather than oil prices, which are commonly used in the literature, as the effects of the ...

The Asymmetric Effects of Oil Price Shocks on Aggregate Demand ...

The rate at which rising oil prices affect macroeconomic variables differs from falling crude oil prices. Most of the research finds that oil ...

(PDF) Asymmetric effect of oil price shocks in oil-exporting countries ...

Many empirical studies on the oil price shock effects on the economies of oil-exporting countries have assumed a linear relationship between the shocks and ...

The Asymmetric Effects of Oil Shocks on Output Growth - EconStor

Oil shocks are generally acknowledged to have important effects on both economic activity and macroeconomic policy. The aim of this paper is to investigate how ...

The Asymmetric Effects of Oil Shocks on an Oil-exporting Economy

The Asymmetric Effects of Oil Shocks on an Oil-exporting Economy ... Related works: This item may be available elsewhere in EconPapers: Search for ...