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occurred when in late November 2014 OPEC announced that it would maintain current production levels despite the steady increase … in non-OPEC oil production. Both conjectures are perfectly reasonable ex ante, yet we provide quantitative evidence that …
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in late November 2014 OPEC announced that it would maintain current production levels despite the steady increase in non-OPEC …
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When stock markets are less liquid or illiquid, investors are expected to require compensation for taking the risk of not being able to sell quickly. Many studies have documented the existence of the co-movements (commonality) of market liquidity in equity markets as a priced factor. The primary...
Persistent link: https://www.econbiz.de/10012626765
The present paper offers a short history of the Organization of Petroleum Exporting Countries (OPEC) together with a … oil price developments and OPEC's role since its foundation shows that OPEC has reacted sensitively to oil price …
Persistent link: https://www.econbiz.de/10011685425
(OPEC) has generally been explained by these members’ mutual dependency on high and stable oil revenues. Since the OPEC … the new theoretical approach of "gain-seeking mentalities", with the objective of tracing variations in OPEC members' gain … constellation of threats. -- OPEC ; cooperation gains ; relative gains ; distributional conflict ; rational egoism ; positionalism …
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of prices and quantities by a cartel of oil exporters, such as the OPEC, can affect the directions of the changes in the … Moderation) in oil importing countries since the mid-1980s when the OPEC cartel changed its market strategies from setting prices …
Persistent link: https://www.econbiz.de/10008991459