This paper examines the advantages and drawbacks of alternative methods of estimating oil supply and oil demand … conclusion that the one-month oil supply elasticity is close to zero, which implies that oil demand shocks are the dominant …

crisis period. Individual economy estimation results, however, show that the Joneses effect varies across economies …

of the four main cryptocurrencies in terms of market capitalization (BTC, ETH, USDT, BNB) and of four US stock market … cryptocurrencies can be a useful tool for investors to diversify and hedge when required in the case of the US markets …

We assess to which degree an international transfer mechanism can enhance consumption risk sharing as well as … analyze the changing dynamics that a EUBS brings about. We find that a EUBS can provide risk sharing by stabilizing relative …-spending shocks. Yet, since this trade-off between allocative efficiency and consumption risk sharing does not exist after certain …

trade integration, exposed economies to multiple exogenous demand-side shocks. Specialization and trade integration … subjected economies to a “commodity lottery” in the form of price fluctuations in world markets. Capital mobility and a currency …

We propose a new instrument for estimating the price elasticity of gasoline demand that exploits systematic differences … across U.S. states in the pass-through of oil price shocks to retail gasoline prices. We show that these differences are … response to an aggregate oil price shock. Time-varying estimates do not support the view that the gasoline demand elasticity …

sample of US adults. Willingness to fight climate change – as measured through an incentivized donation decision – is highly …

We investigate regime-dependent Granger causality between real output, inflation and monetary indicators and map with U.S … relationships associated with all US Fed Chairpersons we consider …