Song, Yu; Chen, Bo; Wang, Xin-Yi; Wang, Ping-Ping - In: Energy strategy reviews 41 (2022), pp. 1-13
This study uses the time-varying parameter/stochastic volatility vector autoregression (TVP-SV-VAR) model to explore … the impact of uncertainty risk on oil prices. Economic policy uncertainty and geopolitical risk were used as proxy … variables for economic and political uncertainty risk. The study results indicate that oil price is driven jointly by two …