Essays about: "oil price shock"

Showing result 1 - 5 of 13 essays containing the words oil price shock.

  1. 1. The impact of oil price shocks on household consumption : The case of Norway

    University essay from Umeå universitet/Nationalekonomi

    Author : Viktor Boman; [2019]
    Keywords : ;

    Abstract : Since the end of World War II, oil price shocks and its impact on the economy have been a hot topic among economic researchers and agents. The price of oil has experienced several fluctuations during the late 20th century and the initial empirical findings suggest that these unexpected changes have several negative effects within countries’ economies. READ MORE

  2. 2. Market integration and price transmission : analysis on Ethiopian sesame seed export

    University essay from SLU/Dept. of Economics

    Author : Addis Abera Ayalew; [2018]
    Keywords : commodity market; market integration; price transmission; cointegration; VECM;

    Abstract : This study investigates how the Ethiopian sesame seed export market is integrated to selected reference markets in China and the US. Cointegration and vector error-correction model (VECM) are employed using monthly data over the period 2010 to 2018. READ MORE

  3. 3. Oil price shocks on Swedish economy : Case study on the oil's effect on a small country.

    University essay from Linnéuniversitetet/Institutionen för nationalekonomi och statistik (NS); Linnéuniversitetet/Institutionen för nationalekonomi och statistik (NS)

    Author : Sebastian Kilic; Filip Bengtsson; [2017]
    Keywords : Oil; GDP; Inflation; Oil price shocks;

    Abstract : We estimate the macroeconomic performance in terms of inflation and GDP growth of Sweden in relations to oil price shocks, focusing on the differences across two periods, pre and post 2008. By using a Vector Error Correction model and linear hypothesis testing we can see short term and long term correlations between the nominal oil price and three dependent variables, GDP, CPI and GDP deflator. READ MORE

  4. 4. The oil price-macroeconomy relationship revisted

    University essay from Göteborgs universitet/Institutionen för nationalekonomi med statistik

    Author : Julius Hellström; Henrik Forsberg; [2016-07-01]
    Keywords : oil price shock; Financial stress; Asymmetric oil-macroeconomy relationship; IS LM-framework;

    Abstract : Our study aims to evaluate the Mundell-Fleming model ability to predict the effects from a oil price shock to output and interest rates by analyzing data, from the last thirty years, by using a VAR-model. Our results show an asymmetric effect between oil price and GDP growth while the oil price-interest rate relationship partly holds. READ MORE

  5. 5. Oil price shocks and trade

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Viktor Åkerström; Simon Ljungqvist; [2016]
    Keywords : Oil price shocks; trade balance; VAR; Orthogonalized Impulse Response Functions; Euro area; Business and Economics;

    Abstract : This study aims to examine the effects of oil price shocks on the overall trade- and the non-oil trade balances for ten oil-importing Euro area countries. Theory suggests that the effects from an oil price shock on the oil component of the trade balance for oil importers is negative, but that the effect on the non-oil component is positive. READ MORE