Project: Investigating structural oil market dynamics and their consequences
- project duration
- 01-OCT-10 – 30-SEP-12
- The possibility of time-variation in both the dynamics of the oil market and in the economic consequences of oil price fluctuations is highly disputed in the oil literature. This proposal offers opportunities to contribute to the debate, which would improve our knowledge about the interaction of oil and the macroeconomy and would be valuable to determine appropriate policy actions.