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Crude oil price fluctuations and Saudi Arabia's behaviour

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Macroeconomic volatility and trade in OLG economies

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Crude oil price fluctuations and Saudi Arabian behaviour

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Crude oil price fluctuations and Saudi Arabian behaviour

De Santis, Roberto A. - 2000

This study seeks to explain why crude oil prices fluctuate, the main cause being the quota regime, which characterises the OPEC agreements. Given that the Saudi oil supply is inelastic in the short term, a shock in the oil market is accommodated by an immediate price change. In contrast, a...

Persistent link: https://www.econbiz.de/10011473806

The volatility of the socially optimal level of investment

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The volatility of the socially optimal level of investment

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