In many developing and emerging market economies, governments intervene to limit the degree to which oil … warranted in an oil-importing economy characterized by nominal rigidities in the goods and labor markets. Our results indicate … that, to the extent that monetary policy is capable of stabilizing the economy, government intervention in the oil market …

We study the effects of crude oil price shocks on the stock market volatility of the G7 economies. We rely on a … oil demand innovations have on financial volatility. We show that stock market volatility does not respond to oil supply … structural VAR model to identify the causes underlying the oil price shocks and gauge the differential impact that oil supply and …

We study the impact of oil price shocks on US stock market volatility. We derive three different structural oil shock … variables (i.e. aggregate demand, oil-supply, and oil-demand shocks) and relate them to stock market volatility, using bivariate … structural VAR models, one for each oil price shock. Identification is achieved by assuming that the price of crude oil reacts to …

I estimate a dynamic stochastic general equilibrium (DSGE) model for the United States that incorporates oil market … frictions do not amplify persistent oil market shocks. This result holds as long as entry and exit rates of entrepreneurs are …