Oil Price Uncertainty (BOK)

Apostolos Serletis

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The relationship between the price of oil and the level of economic activity is a fundamental issue in macroeconomics. There is an ongoing debate in the literature about whether positive oil price shocks cause recessions in the United States (and other oil-importing countries), and although there exists a vast empirical literature that investigates the effects of oil price shocks, there are relatively few studies that investigate the direct effects of uncertainty about oil prices on the real economy. The book uses recent advances in macroeconomics and financial economics to investigate the effects of oil price shocks and uncertainty about the price of oil on the level of economic activity.


Språk Engelsk Engelsk Innbinding Innbundet
Utgitt 2012 Forfatter Apostolos Serletis
World Scientific Publishing UK
ISBN 9789814390675
Antall sider 156 Dimensjoner 15,2cm x 22,9cm x 1,8cm
Vekt 408 gram Emner og form Petroleum & oil industries