The Effects of Oil Price Uncertainty on Global Real Economic Activity

By Soo-ryong Jo. 2014

300 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/ddac775ef455a4a4e09cb5a085e010b88617afcb

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In Economics and Econometrics

Citations in the corpus

The impact of uncertainty shocks on the volatility of commodity prices (2018, result): “These results are in line with the findings of the relevant literature according to which oil price and uncertainty shocks have a negative impact on the macroeconomy (Ferderer, 1996; Hamilton, 2003; Kilian, 2008; Elder and Serletis, 2010; Rahman and Serletis, 2011; Jo, 2014; Elder, 2018).”
Macroeconomic Uncertainty Through the Lens of Professional Forecasters (2019, unknown): “For example, the shock processes can be used to obtain impulse responses to an uncertainty shock by local projections à la Jordà (2005).”
Harnessing jump component for crude oil volatility forecasting in the presence of extreme shocks (2019, background): “…uncertainty (volatility) is crucial for many economic and financial decisions, such as portfolio allocation and risk management (see, for example, Jo, 2014; Kilian and Park, 2009; Degiannakis and Filis, 2017; Pan et al., 2017; Hughen, 2010), leading to a burgeoning literature that models and…”
Measuring Uncertainty and Its Impact on the Economy (2016, unknown): “Mumtaz (2011), Mumtaz and Zanetti (2013), Jo (2014) and Shin and Zhong (2015) consider multivariate extensions with independent volatility processes.”
Macroeconomic impacts of oil price shocks in Asian economies (2015, background): “Recent studies also explore non-linearity in the oil price–economic activity relationship, such as Elder and Serletis (2010) and Jo (2014).”
Hourly Oil Price Volatility: The Role of COVID-19 (2020, unknown): “In the macroeconomics literature, oil price volatility has been shown to negatively affect global industrial production (see Jo, 2014).”
Lower Oil Prices and the U.S. Economy: Is This Time Different? (2017, background): “Sallee (2013), “What Do Consumers Believe about Future Gasoline Prices,” Journal of Environmental Economics and Management, 66, 383-403. Bachmann, R., Elstner, S., and E. Sims (2013), “Uncertainty and Economic Activity: Evidence from Business Survey Data”, American Economic Journal: Macroeconomics, ”
Oil price volatility and stock returns in the G7 economies (2016, background): “Numerous research papers indicate that there is a statistically significant and negative effect of oil price shocks on real economic activity (Hamilton, 1983, 2011; Cunado and Perez de Gracia, 2003, 2005; Herrera et al., 2011; Jo, 2014; Cunado et al., 2015).”
MONETARY POLICY UNCERTAINTY AND ECONOMIC FLUCTUATIONS: MONETARY POLICY UNCERTAINTY AND ECONOMIC FLUCTUATIONS (2017, unknown): “Jo(2014) is similar to our paper in this spirit: while her focus is the uncertainty of oil prices shocks, we focus on uncertainty shocks from the term structure of interest rates.”