This study investigates the economic effects of external oil and food price shocks in the context of selected Asia and … industries like Korea and Taiwan are highly affected by international oil price shocks. Oil price shocks negatively affect … nations such as Australia and New Zealand with diverse mineral resources other than oil are not affected by oil price shocks …

This paper examines the effects of households’ shocks on saving behaviour. It investigates the possibility that … households save ex ante to buffer against adverse weather and health shocks. The relatively high prevalence rate of HIV/AIDS in …

We reinvestigate the "rockets and feathers" effect between retail gasoline and crude oil prices in a new framework of … complicated time series characteristics. On the dataset of seven national gasoline prices, we find no statistically significant … asymmetry. The proposed methodology is not limited to the gasoline and crude oil case but it can be utilized for any asymmetric …

estimate the market's expectations of the prices of ethanol, unfinished motor gasoline and crude oil at horizons from three …It is commonly believed that the response of the price of corn ethanol (and hence of the price of corn) to shifts in …) is likely to have increased ethanol price expectations by as much $1.45 in the year before and in the year after the …

estimate the market’s expectations of the prices of ethanol, unfinished motor gasoline and crude oil at horizons from three …It is commonly believed that the response of the price of corn ethanol (and hence of the price of corn) to shifts in …) is likely to have increased ethanol price expectations by as much $1.45 in the year before and in the year after the …

the price of crude oil to the price of gasoline is asymmetric. Although there have been many contributions documenting … forecasting performance of econometric models incorporating asymmetric price transmission from crude oil to gasoline. In this …, while the ECM implies symmetric price transmission from crude oil to gasoline. We quantify the forecast accuracy gains due …