Alonso Alvarez, Irma; Di Nino, Virginia; Venditti, Fabrizio - 2020
(Market Share Targeting) or by reducing it (Price Targeting). We find that Price Targeting shocks absorb half of the …). Price Targeting shocks, ignored by previous studies, explain around 10 percent of oil price uctuations and are particularly … relevant in the commodity price boom of the 2000s. We confirm that the fall in oil prices at the end of 2014 was triggered by …