The present paper addresses the question of the oil price-macroeconomy relationship using world data and a time scale decomposition based on the theory of wavelets. Our approach is based on a global indicator, the Morgan Stanley Capital International (MSCI) Index for the World, and on the new framework offered by wavelets to analyse the oil price cycles and to investigate the oil price-MSCI relationship. This original approach enables us to identify that the cycles which contribute the most to oil price variations are 20 to 40 years cycles, which correspond to the size of Kuznets infrastructure cycles and probably represent energy investment cycles. This wavelet decomposition also provides additional evidence to the "reverse causality" theo...
The price movement of commodities in general and crude oil, in particular, are critical for both com...
This paper analyzes the oil price-inflation pass-through by studying the relationship between oil pr...
Financialisation of crude oil and its frequent inclusion into investment portfolios raise the demand...
We use (cross) wavelet analysis to decompose the time-frequency effects of oil price changes on the ...
In this paper we exploit the wavelet analysis approach to investigate oil-food price correlation and...
We use (cross) wavelet analysis to decompose the time–frequency effects of oil price changes on the...
This paper studies the relationship between oil price and the exchange rates of OPEC members from Fe...
This thesis investigates the relationship between daily spot and futures prices for maturities of on...
This study investigates the empirical association of oil prices with economic activity in developed ...
This paper studies the relationship between oil price and the exchange rates of OPEC members from Fe...
A large body of empirical literature has suggested that oil price shocks have an important effect on...
This paper proposes the use of a novel multivariate, dynamic approach wavelet local multiple corre...
This paper analyzes the correlation between bitcoin, oil price fluctuations and the DOW Jones Indust...
This study investigated information spillovers across crude oil time series at different time scales...
Available online: 18 December 2017The global financial crisis and the subsequent geopolitical turbul...
The price movement of commodities in general and crude oil, in particular, are critical for both com...
This paper analyzes the oil price-inflation pass-through by studying the relationship between oil pr...
Financialisation of crude oil and its frequent inclusion into investment portfolios raise the demand...
We use (cross) wavelet analysis to decompose the time-frequency effects of oil price changes on the ...
In this paper we exploit the wavelet analysis approach to investigate oil-food price correlation and...
We use (cross) wavelet analysis to decompose the time–frequency effects of oil price changes on the...
This paper studies the relationship between oil price and the exchange rates of OPEC members from Fe...
This thesis investigates the relationship between daily spot and futures prices for maturities of on...
This study investigates the empirical association of oil prices with economic activity in developed ...
This paper studies the relationship between oil price and the exchange rates of OPEC members from Fe...
A large body of empirical literature has suggested that oil price shocks have an important effect on...
This paper proposes the use of a novel multivariate, dynamic approach wavelet local multiple corre...
This paper analyzes the correlation between bitcoin, oil price fluctuations and the DOW Jones Indust...
This study investigated information spillovers across crude oil time series at different time scales...
Available online: 18 December 2017The global financial crisis and the subsequent geopolitical turbul...
The price movement of commodities in general and crude oil, in particular, are critical for both com...
This paper analyzes the oil price-inflation pass-through by studying the relationship between oil pr...
Financialisation of crude oil and its frequent inclusion into investment portfolios raise the demand...