On the Sources and Consequences of Oil Price Shocks : The Role of Storage /
Building on recent work on the role of speculation and inventories in oil markets, we embed a competitive oil storage model within a DSGE model of the U.S. economy. This enables us to formally analyze the impact of a (speculative) storage demand shock and to assess how the effects of various demand...
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| Drugi avtorji: | , |
| Format: | Revija |
| Jezik: | English |
| Izdano: |
Washington, D.C. :
International Monetary Fund,
2012.
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| Serija: | IMF Working Papers; Working Paper ;
No. 2012/270 |
| Online dostop: | Full text available on IMF |