Pen, Yannick Le; Sévi, Benoît - In: Economie Internationale (2011) 126-127, pp. 13-38
Abstract. We investigate the macro factors that can explain the monthly oil futures return for the NYMEX WTI futures contract for the time period 1993:11 to 2010:03. We build a new database of 187 real and nominal macroeconomic variables from developed and emerging countries and resort to the...
