The Effect of Oil Supply Shocks on U.S. Economic Activity

The effect of oil supply shocks on US economic activity: What have ...

Models that allow for a large short-run price elasticity of oil supply imply a larger response of oil prices and a larger, longer lived contraction in US real ...

The use of structural vector autoregressions to estimate the effect of oil supply and demand shocks on economic activity has become common since Kilian (2008).

The Effect of Oil Supply Shocks on U.S. Economic Activity

Longer lag lengths and loss function contribute to explain the differences in the response of U.S. real. GDP. Key words: oil prices, oil supply shocks, economic ...

The effect of oil supply shocks on US economic activity: What have ...

For instance, among the studies reviewed in this paper, estimates of the effect on the real oil price of an unexpected decline in world oil ...

Oil Price Shocks and U.S. Economic Activity - University of Kentucky

First, several studies have demonstrated the importance of identifying the causes of oil price fluctuations, whether they are driven by demand or supply shocks, ...

The effect of oil supply shocks on industry returns - ScienceDirect

Incorporating large positive oil demand and economic activity shocks as additional signals for the long-short strategy generally lowers the performance. The ...

The Jobs Impact of Oil Supply Shocks | St. Louis Fed

Higher oil prices caused by a contractionary supply shock do affect U.S. manufacturing jobs, but the impact appears to be relatively small.

The Effect of Oil Supply Shocks on U.S. Economic Activity

Models that impose a large short-run price elasticity of oil supply imply a larger response of oil prices and a larger, longer-lived contraction in US real GDP.

Time-Varying Effects of Oil Supply Shocks on the US Economy

Time-Varying Effects of Oil Supply Shocks on the US Economy by Christiane Baumeister and Gert Peersman. Published in volume 5, issue 4, pages 1-28 of ...

The effect of oil supply shocks on US economic activity - IDEAS/RePEc

We show that most variation is attributable to differences in identification assumptions and in the model specification. Models that allow for a large short‐run ...

Oil shocks and the U.S. economy in a data-rich model - ScienceDirect

Previewing our results, we show that negative oil supply shocks lead to a sizeable increase in crude oil price and subsequent decline in world ...

The impact of oil supply shocks on real economic activity

We find exogenous oil supply shocks have a very large and persistent impact on US real economic activity after the mid-1980s.

The Macroeconomic Effects of Oil Supply News

This has consequences for the US economy: activity falls, prices and inflation expectations rise, and the dollar depreciates, providing evidence for a strong ...

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

⇒ consistent with interpretation of a news shock about oil supply. • Global activity falls persistently. • This has consequences for the U.S. economy:.

Time-Varying Effects of Oil Supply Shocks on the US Economy - jstor

As the composition of these structural oil supply and oil demand shocks evolves, so does the dynamic correlation between the US economy and the real price of ...

The effect of oil supply shocks on US economic activity - EconPapers

By Ana María Herrera and Sandeep Kumar Rangaraju; Abstract: Estimated responses of real oil prices and US gross domestic product (GDP) to ...

The Response of U.S. Investment to Oil Price Shocks

prior research, I investigate the effect of oil supply and demand shocks ... shocks have no contemporaneous effect on global economic activity. The SVAR ...

Oil Prices and U.S. Aggregate Economic Activity

In contrast, BGW define a neutral monetary policy as one in which the Federal Reserve holds the federal funds rate constant in the face of a supply shock regard ...

Oil Price Shocks and Inflation in a DSGE Model of the Global Economy

We first describe the effects on the U.S. economy of an increase in oil prices triggered by a drop in the supply of oil from foreign economies, ...

Oil Shocks when Interest Rates Are at the Zero Lower Bound

New evidence suggests that rising oil prices associated with declining oil supply slow economic activities less when interest rates are ...