Work

Global Economic Policy Uncertainties and International Oil Price Volatility Under Alternative Market Conditions

Year: 2024

Type: article

Abstract: This study mainly investigates the predictability prowess of global economic policy uncertainty (GEPU) for oil price volatility under different market episodes. The results clearly show that the GEPU-oil price volatility nexus is episodic in nature. While evidence of mean reverting stance is confirmed across the sectionalized market phases, the long-term impact of GEPU in the nexus holds true for the Covid-19 pandemic, Russia-Ukraine war, and oil price shock episodes.

Source: Energy RESEARCH LETTERS

DOI: 10.46557/001c.121264

Author: Yinka Sabuur Hammed

Institutions: Nigerian Institute of International Affairs, Obafemi Awolowo University

Language: English

Topic: Market Dynamics and Volatility

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

Open Access status: diamond

OpenAlex ID: W4402131334

FWCI: 0.723

Cites: 11

Cited by: 2

Related to: 10