Essays about: "Oil-price Shocks"

Showing result 1 - 5 of 23 essays containing the words Oil-price Shocks.

1. 1. Wealth Redistribution through Balance Sheet Revaluations - Evidence from Norway

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Gustav Sundén; [2023]
   Keywords : Inequality; Wealth; Monetary Policy; Inflation; Household Heterogeneity; Business and Economics;

   Abstract : This thesis investigates the impact of fluctuations in inflation, monetary policy, and oil prices on the balance sheets of Norwegian households across the wealth distribution. Using a Bayesian Structural Vector Autoregression model, this study simulates the shocks and assesses their transmission through the unexpected inflation and portfolio composition channel throughout the wealth distribution. READ MORE

3. 2. A time series analysis of the impact of the COVID-19 pandemic on container shipping freight rates: An application to the Asia-Europe trade route

   University essay from Göteborgs universitet/Graduate School

   Author : Chen Yuchun; Zhou Shiyu; [2022-08-03]
   Keywords : Container shipping; Freight rates; COVID-19; Oil prices; Stock market prices; Time series model; GARCH;

   Abstract : The outbreak of the COVID-19 pandemic caused a sudden disruption to the shipping industry. However, for container shipping, freight rates have reached record highs during the pandemic. Shipping companies realise that understanding the impact of exogenous shocks on freight rate fluctuations to forecast freight rates is critical. READ MORE

4. 3. Oil Shocks and the Russian Economy: Inflation Perspective

   University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi

   Author : Elena Akhmedova; [2022]
   Keywords : oil shocks; oil exporters; economic policy; Russia; time varying parameters;

   Abstract : This paper aims to assess the effect of oil shocks on the Russian econ- omy, focusing on but not limited to inflation, throughout 2000-2019, with the following main points with respect to economic policy: switching to in- flation targeting in 2014 and undergoing several iterations of the fiscal rule. The paper focuses on estimating a Bayesian time-varying parameter VAR model, additionally calculating the oil price pass through to inflation using the Phillips curve approach and modelling impulse responses to oil shocks us- ing non-Bayesian vector autoregressions. READ MORE

5. 4. Oil Price Pass-Through in the EMU. An empirical study of the role of energy for oil price pass-through to inflation and inflation differentials

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Evy Dufvenberg Ivarsson; Sofia Berg; [2022]
   Keywords : Inflation level; Inflation differentials; The EMU; OLS regression; Local projections; Impulse response functions; Oil price inflation; Energy; Business and Economics;

   Abstract : This paper examines the relationship between oil prices and its pass-through to inflation and inflation differentials in the European Monetary Union from the first quarter of 1999 to the last quarter of 2021. By using local projections to derive impulse response functions of an oil price shock, the pass-through to the inflation level is examined focusing on the role of energy-related transmission channels. READ MORE

6. 5. The Relationship between Oil Prices and Inflation – the Role of Oil Dependency

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Per Almgren; Isabelle Holmberg; [2022]
   Keywords : Inflation; Macroeconomics; Oil-price Shocks; Structural Vector Autoregression SVAR ; time series data.; Business and Economics;

   Abstract : In the last decades, due to geopolitical tensions, climate change, and technological advancements, countries worldwide are becoming less dependent on oil. This thesis aims to establish if decreased oil dependence weakens the impact of oil price shocks on inflation, thus contributing to the existing literature on the oil-inflation relationship. READ MORE