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This paper formulated a short-run model, with an explicit role for monetary policy, for analyzing world oil and gas …
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An energy revolution is under way with far-reaching consequences for nations, companies, and the way we address climate change Low oil prices are sending shockwaves through the global economy, and longtime industry observer Dieter Helm explains how this and other shifts are the harbingers of a...
Persistent link: https://www.econbiz.de/10014481996
A model for world crude oil and natural gas markets is estimated. It confirms low price and high income elasticities of …
Persistent link: https://www.econbiz.de/10013318085
Given the economic and geopolitical importance of oil, it is important to understand the resilience of the global oil trade network to shocks. In this paper, the aim is to identify the structure of the global oil trade network and its resilience to shocks. First, the structure of the global oil...
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