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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Main Authors: | , , |
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Format: | Electronic eBook |
Language: | English |
Published: |
[Washington, D.C.] :
International Monetary Fund,
©2012.
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Series: | IMF working paper ;
WP/12/270. |
Subjects: | |
Online Access: | CONNECT |