Granger Predictability of Oil Prices After the Great Recession

Granger Predictability of Oil Prices After the Great Recession
Real oil prices surged from 2009 through 2014, comparable to the 1970’s oil shock period. Standard explanations based on monopoly markup fall short since inflation remained low after 2009. This paper contributes strong evidence of Granger (1969) predictability of nominal factors to oil prices, using one adjustment to monetary aggregates. This... READ MORE...

Publication date: November 2019
ISBN 9781513518626
$18.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats

Paperback

Publication date: November 2019

PDF

Publication date: November 2019

ePub

Publication date: November 2019

English
Prices in red indicate formats that are not yet available but are forthcoming.