Oil Price Volatility and the Role of Speculation /

How much does speculation contribute to oil price volatility? We revisit this contentious question by estimating a sign-restricted structural vector autoregression (SVAR). First, using a simple storage model, we show that revisions to expectations regarding oil market fundamentals and the effect of...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Beidas-Strom, Samya
Muut tekijät: Pescatori, Andrea
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2014.
Sarja:IMF Working Papers; Working Paper ; No. 2014/218
Linkit:Full text available on IMF