Narrow search
Showing 1 - 10 of 544
Cover Image
Sources of Volatility During Four Oil Price Crashes
Baffes, John - 2017
Previous sharp oil price declines have been accompanied by elevated ex post volatility. In contrast, volatility was much less elevated during the oil price crash in 2014/15. This paper provides evidence that oil prices declined in a relatively measured manner during 2014/15, with dispersion of...
Persistent link: https://www.econbiz.de/10012970942
Cover Image
Thirty-Five Years of Long-Run Energy Forecasting : Lessons for Climate Change Policy
Hourcade, Jean-Charles - 2017
This paper sheds light on an implicit dimension of the climate policy debate: the extent to which supply-side response (emission-reducing energy technologies) may substitute for the transformation of consumption behavior and thus help get around the political difficulties surrounding such...
Persistent link: https://www.econbiz.de/10012976548
Cover Image
The 2014-16 Oil Price Collapse in Retrospect : Sources and Implications
Stocker, Marc - 2018
With the benefit of hindsight, this paper provides a fresh and comprehensive look at the causes of the 2014-16 collapse in oil prices and its impact on the global economy. It disentangles the contribution of supply and demand factors, assesses the impact on activity in oil exporters and oil...
Persistent link: https://www.econbiz.de/10012920304
Cover Image
Predicting Conflict
Celiku, Bledi - 2017
for policy-making purposes. The paper explores the implications of these findings for the World Bank's classification of …
Persistent link: https://www.econbiz.de/10012954325
Cover Image
Assessing the Accuracy of Electricity Demand Forecasts in Developing Countries
Steinbuks, Jevgenijs - 2017
This study assesses the accuracy of time-series econometric methods in forecasting electricity demand in developing countries. The analysis of historical time series for 106 developing countries over 1960-2012 demonstrates that econometric forecasts are highly accurate for the majority of these...
Persistent link: https://www.econbiz.de/10012962315
Cover Image
Long-Term Energy Demand Forecasting in Romania : An End-Use Demand
Malla, Sunil - 2017
This study develops an end-use energy demand analysis model for Romania to project energy demand by sector and end-use for 2015-50. The study finds that Romania's energy demand in 2050 would be 34 percent higher than the level in 2013. The industry sector wouldbe the largest final...
Persistent link: https://www.econbiz.de/10012968756
Cover Image
Oil Spills on Other Commodities
Baffes, John - 2016
This paper examines the effect of crude oil prices on the prices of 35 internationally traded primary commodities for the 1960-2005 period. It finds that the pass-through of crude oil price changes to the overall non-energy commodity index is 0.16. At a more disaggregated level, the fertilizer...
Persistent link: https://www.econbiz.de/10012747627
Cover Image
Oil Price Volatility, Economic Growth and the Hedging Role of Renewable Energy
Rentschler, Jun E. - 2017
This paper investigates the adverse effects of oil price volatility on economic activity and the extent to which countries can hedge against such effects by using renewable energy. By considering the Realized Volatility of oil prices, rather than following the standard approach of considering...
Persistent link: https://www.econbiz.de/10012973994
Cover Image
How Much Does an Increase in Oil Prices Affect the Global Economy? Some Insights from a General Equilibrium Analysis
Timilsina, Govinda R. - 2017
A global computable general equilibrium model is used to analyze the economic impacts of rising oil prices with endogenously determined availability of biofuels to mitigate those impacts. The negative effects on the global economy are comparable to those found in other studies, but the impacts...
Persistent link: https://www.econbiz.de/10012974209
Cover Image
Oil Price Risks and Pump Price Adjustments
Kojima, Masami - 2017
Between 1999 and 2008, world oil prices more than quadrupled in real terms. For oil importers, vulnerability to oil … domestic product. Oil intensity fell in more than half the countries in every income group and in every region of the world … pass-through to consumers of increases in world prices of gasoline, diesel, kerosene, and liquefied petroleum gas between …
Persistent link: https://www.econbiz.de/10012974899