Monetary Policy and the Oil Market
While oil price fluctuations in the past can be explained by pure supply factors, this book argues that it is monetary policy that plays a significant role in setting global oil prices. It is a key factor often neglected in much of the earlier literature on the determinants of asset prices, including oil prices. However, this book presents a framework for modeling oil prices while incorporating monetary policy. It also provides a complete theoretical basis of the determinants of crude oil prices and the transmission channels of oil shocks to the economy. Moreover, using several up-to-date surveys and examples from the real world, this book gi…
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Produktdetails
Weitere Autoren: Taghizadeh-Hesary, Farhad (Hrsg.)
- ISBN: 978-4-431-55797-5
- EAN: 9784431557975
- Produktnummer: 19723861
- Verlag: Springer-Verlag GmbH
- Sprache: Englisch
- Erscheinungsjahr: 2016
- Seitenangabe: 143 S.
- Plattform: PDF
- Masse: 3'296 KB
- Auflage: 1st ed. 2016
- Abbildungen: 3 schwarz-weiße und 26 farbige Abbildungen, 11 schwarz-weiße und 2 farbige Tabellen, Bibliographie
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