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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/10011395879
Persistent link: https://www.econbiz.de/10002475875
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
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/10012560206
Persistent link: https://www.econbiz.de/10003664637
present a model, a laboratory experiment, and a simple cross-country regression supporting this view. We model an economy with …
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