Transitory and Permanent Shocks in the Global Market for Crude Oil /
This paper documents the determinants of real oil price in the global market based on SVAR model embedding transitory and permanent shocks on oil demand and supply as well as speculative disturbances. We find evidence of significant differences in the propagation mechanisms of transitory versus perm...
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Формат: | Журнал |
Язык: | English |
Опубликовано: |
Washington, D.C. :
International Monetary Fund,
2020.
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Серии: | IMF Working Papers; Working Paper ;
No. 2020/047 |
Online-ссылка: | Full text available on IMF |