Peaks, Spikes, and Barrels : Modeling Sharp Movements in Oil Prices /

Global oil markets were roiled by sharp price swings in 2008, and economists are still divided over the reasons for the unusual volatility. Those emphasizing fundamentals point to inelastic supply and demand curves, others view the phenomenon mostly as a result of financial investors flocking into c...

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Bibliographic Details
Main Author: Pant, Malika
Other Authors: Muhleisen, Martin, Thomas, Alun
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2010.
Series:IMF Working Papers; Working Paper ; No. 2010/186
Online Access:Full text available on IMF