We show that the ability of oil price changes to predict stock returns is limited to periods of extreme geopolitical unrest. Four events generate most of the predictability: the 1973 Arab-Israel war, the 1986 OPEC collapse, the 1990/91 Persian gulf war, and the 2003 invasion of Iraq. We ...
Looking ahead, we will likely need to retain many of the monetary policy tools that were developed to promote recovery from the crisis. In addition, policymakers inside and outside the Fed may wish at some point to consider additional options to secure a strong and resilient economy” (Yellen...
If you’re looking for a way to play this, I think you ought to look at oil field services. This has the smell of a problem that will be left to fester for political reasons and then turn into a crisis. When that happens money will be thrown at the problem big time and it’s no...
Recent theoretical developments in economics distinguish between risk and ambiguity (Knightian uncertainty). Using state-of-the-art methods with intraday stock market data from February 1993 to February 2021, we derive financial ambiguity and empirically
OPEC: The Organization of Petroleum Exporting Countries founded in 1960 Energy crisis: The US went through an energy crisis in the 1970s when OPEC and Middle East countries stopped exporting oil to the US Nationalization of oil production: This was started in Iran in 1950 where the local...
Sustainability Science (2022) 17:1639–1661 https://doi.org/10.1007/s11625-021-01052-4 SPECIAL FEATURE: REVIEW ARTICLE Synergies and Trade-offs between Sustainable Development Goals and Targets Impact of Malaysian palm oil on sustainable development goals: co‑benefits and trade‑...
The r squared is roughly 3%, if we use excel to run a simple linear least squares on the data, the significance F is 0.55, if the model was significant at the 10% probability level, then we would expect significance F to be less than 0.1, likewise for a 95% probability that the ...
Oil importers may experience inflation and other economic effects as oil prices rise, whereas oil exporters may experience an economic slump and political unrest as oil prices decrease [3]. Due to the above-stated factors, researchers have paid a lot of attention to the energy crisis and the ...
The generation of waste, the energy issue, the water crisis, and pollution challenges are only a few of the disparate concepts connected to creating a resilient and sustainable circular economy. There is a need to integrate the theory of resilience with energy and provide possible solutions to ...
We would rather play Don Quixote in the war on terror than address any real impending crisis. T.R. Elliott May 21, 2007 at 6:24 pm JDH wrote: (1) I am not among those who believe that the purpose of the most recent war was to secure a U.S. supply of oil and (2) The ...