How Long to Read Granger Predictability of Oil Prices After the Great Recession

By Szilard Benk

How Long Does it Take to Read Granger Predictability of Oil Prices After the Great Recession?

It takes the average reader and 18 minutes to read Granger Predictability of Oil Prices After the Great Recession by Szilard Benk

Assuming a reading speed of 250 words per minute. Learn more

Description

Real oil prices surged from 2009 through 2014, comparable to the 1970’s oil shock period. Standard explanations based on monopoly markup fall short since inflation remained low after 2009. This paper contributes strong evidence of Granger (1969) predictability of nominal factors to oil prices, using one adjustment to monetary aggregates. This adjustment is the subtraction from the monetary aggregates of the 2008-2009 Federal Reserve borrowing of reserves from other Central Banks (Swaps), made after US reserves turned negative. This adjustment is key in that Granger predictability from standard monetary aggregates is found only with the Swaps subtracted.

How long is Granger Predictability of Oil Prices After the Great Recession?

Granger Predictability of Oil Prices After the Great Recession by Szilard Benk is 18 pages long, and a total of 4,644 words.

This makes it 6% the length of the average book. It also has 6% more words than the average book.

How Long Does it Take to Read Granger Predictability of Oil Prices After the Great Recession Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 25 minutes to read Granger Predictability of Oil Prices After the Great Recession aloud.

What Reading Level is Granger Predictability of Oil Prices After the Great Recession?

Granger Predictability of Oil Prices After the Great Recession is suitable for students ages 6 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

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