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The marketing and sales polices of Iranian crude oil have been revised and changed after the Islamic Revolution of 1979. Production policy that drastically cut back production in order to maintain oil reserves for future generations. In terms of marketing Iranian crude oil, the new revolutionary...
Persistent link: https://www.econbiz.de/10014180026
The complexity of the world oil market has increased dramatically in recent years and new approaches are needed to understand, model, and forecast oil prices today. Many models have been explored and most of the papers and modeling projects referenced in this paper identify their own...
Persistent link: https://www.econbiz.de/10013081058
Using the Tsay (1988) outlier identification methodology on daily log-returns of 16 commodity spot price series and 25 commodity index series, this study assesses the impact significant and unexpected news announcements had on volatility between January 1, 1997 and December 31, 2007. Results...
Persistent link: https://www.econbiz.de/10013146702
The Sustainable Development Goals (SDGs) are a universal call to action to end poverty and protect the environment. The …
Persistent link: https://www.econbiz.de/10011784224
Internet auctions have recently gained widespread popularity and are one of the most successful forms of electronic commerce. We examine a dataset of eBay coin auctions to explore features of online bidding and selling behavior. We find that profit margins for bidders are slim on average, that...
Persistent link: https://www.econbiz.de/10014158940
Persistent link: https://www.econbiz.de/10012389075
This paper estimated models for GDP growth rates, poverty levels and inequality measures for the period 1990-2000 using … population health indicators such as life expectancy were important predictors of GDP growth rates. Fourth, results for poverty … measures showed that poverty was not directly affected by globalization indicators. Finally, the model for Gini coefficients …
Persistent link: https://www.econbiz.de/10014195554
The aim of this article is to point out the importance of education on a sustained economic development strategy, having into account inter-sector relations and the influence of education in the growth of production per head. Three cross-country models are presented to analyze the evolution of...
Persistent link: https://www.econbiz.de/10012770814
In 2019, President Trump called on the U.S. Federal Reserve to cut interest rates to depreciate the U.S. dollar, which, according to the IMF, is overvalued by between 6 and 12 percent. This paper uses an intertemporal general equilibrium model to explore what would likely happen if the...
Persistent link: https://www.econbiz.de/10012840710
Productivity growth has flat-lined in most economies despite rapid advances in technology. Economists suggest competing explanations for this paradox. Some argue the current stagnation will persist given deep structural challenges, arguing that recent technological advances are no match for...
Persistent link: https://www.econbiz.de/10012890306