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Persistent link: https://www.econbiz.de/10003958096
conclusion that the one-month oil supply elasticity is close to zero, which implies that oil demand shocks are the dominant …This paper examines the advantages and drawbacks of alternative methods of estimating oil supply and oil demand …
Persistent link: https://www.econbiz.de/10012822493
conclusion that the one-month oil supply elasticity is close to zero, which implies that oil demand shocks are the dominant …This paper examines the advantages and drawbacks of alternative methods of estimating oil supply and oil demand …
Persistent link: https://www.econbiz.de/10012288032
Persistent link: https://www.econbiz.de/10012388052
prices are determined by shocks to the supply and demand for oil tankers, to the utilization of tankers, and to the cost of …-trip voyage rates. Oil exports from the Arabian Gulf also decline, reflecting lower demand for VLCCs. Positive utilization shocks …. Tanker supply and tanker demand shocks have persistent effects on time charter rates, round-trip voyage rates, the volume of …
Persistent link: https://www.econbiz.de/10012395168
Persistent link: https://www.econbiz.de/10012301024
conclusion that the one-month oil supply elasticity is close to zero, which implies that oil demand shocks are the dominant …This paper examines the advantages and drawbacks of alternative methods of estimating oil supply and oil demand …
Persistent link: https://www.econbiz.de/10014048765
Persistent link: https://www.econbiz.de/10003739217
It is widely understood that the real price of globally traded commodities is determined by the forces of demand and … supply. One of the main determinants of the real price of commodities is shifts in the demand for commodities associated with …
Persistent link: https://www.econbiz.de/10011754229
Baumeister and Hamilton (2019a) assert that every critique of their work on oil markets by Kilian and Zhou (2019a) is without merit. In addition, they make the case that key aspects of the economic and econometric analysis in the widely used oil market model of Kilian and Murphy (2014) and its...
Persistent link: https://www.econbiz.de/10012119530