On the sources and consequences of oil price shocks : the role of storage /

"Building on recent work on the role of speculation and inventories in oil markets, we embed a competitive oil storage model within a DSGE model of the U.S. economy. This enables us to formally analyze the impact of a (speculative) storage demand shock and to assess how the effects of various d...

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Bibliographic Details
Main Authors: Unalmis, Deren (Author), Unalmis, Ibrahim (Author), Unsal, D. Filiz (Author)
Format: Electronic eBook
Language:English
Published: [Washington, D.C.] : International Monetary Fund, ©2012.
Series:IMF working paper ; WP/12/270.
Subjects:
Online Access:CONNECT