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Does Oil Price Uncertainty Affect Energy Use? [PDF]
Theory predicts that the presence of fixed costs implies that the relationship between energy use and energy price changes is asymmetric, as the firm’s output and investment decisions respond differently to energy price increases and decreases. The asymmetry is exacerbated if future energy prices are uncertain, but to date the empirical literature does
Kuper, Gerhard H., Soest, Daan P. van
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Oil Price Forecastability and Economic Uncertainty [PDF]
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Bekiros, Stelios +2 more
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Macroeconomic uncertainty and the impact of oil shocks [PDF]
This paper evaluates whether macroeconomic uncertainty changes the impact of oil shocks on the oil price. Using a structural threshold VAR model, we endogenously identify different regimes of uncertainty in which we estimate the effects of oil demand and
Van Robays, Ine
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This study evaluates the asymmetric impact of international oil price uncertainty on firms' investment in China using a sample of listed renewable energy firms over the period 2000–2017 based on the fixed effect model. The empirical results show that the
Hong Cao, Pengfei Sun, Litian Guo
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We investigate whether oil-price uncertainty helps forecast the international stock returns of ten advanced and emerging countries. We consider an out-of-sample period of August 1925 to September 2021, with an in-sample period between August 1920 and ...
Mehmet Balcilar +2 more
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The Impact of Oil Price Uncertainty on Corporate Cash Holdings: Evidence from Iran [PDF]
Oil prices and their uncertainties significantly impact the economies and financial markets of nations, influencing the cash reserves held by companies.
Mahdieh Rezagholizadeh +2 more
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Business confidence matters for future growth as it relies on opinion surveys of developments in production activities, orders and stocks of finished products.
Oluwasegun B. Adekoya +1 more
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The influence of oil price uncertainty on corporate debt risk: Evidence from China
The uncertainty of international oil price has significant impacts on the macroeconomy and on firm-level business activities. It may affect the corporate economic activity through several channels and transmission mechanisms.
Junge Sun +3 more
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The aim of this study is to gauge the impact of global economic policy uncertainty and natural resource prices, that is, oil prices and gold prices, on Bitcoin returns by using monthly data spanning from May 2013 to December 2021.
Maoyu Dai +2 more
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Oil Price Uncertainty and M&A Activity
This study examines the impact of oil price uncertainty on mergers and acquisition (M&A) activity in the oil and gas sector. Analyzing this industry enables us to construct a natural forward-looking measure of oil price uncertainty, namely the implied crude oil volatility. Using a sample of U.S.
Barrows, Sam +4 more
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