How Long to Read Measuring Oil-Price Shocks Using Market-Based Information

How Long Does it Take to Read Measuring Oil-Price Shocks Using Market-Based Information?

It takes the average reader and 42 minutes to read Measuring Oil-Price Shocks Using Market-Based Information by Mr.Tao Wu

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

Description

We study the effects of oil-price shocks on the U.S. economy combining narrative and quantitative approaches. After examining daily oil-related events since 1984, we classify them into various event types. We then develop measures of exogenous shocks that avoid endogeneity and predictability concerns. Estimation results indicate that oil-price shocks have had substantial and statistically significant effects during the last 25 years. In contrast, traditional VAR approaches imply much weaker and insignificant effects for the same period. This discrepancy stems from the inability of VARs to separate exogenous oil-supply shocks from endogenous oil-price fluctuations driven by changes in oil demand.

How long is Measuring Oil-Price Shocks Using Market-Based Information?

Measuring Oil-Price Shocks Using Market-Based Information by Mr.Tao Wu is 42 pages long, and a total of 10,584 words.

This makes it 14% the length of the average book. It also has 13% more words than the average book.

How Long Does it Take to Read Measuring Oil-Price Shocks Using Market-Based Information Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 57 minutes to read Measuring Oil-Price Shocks Using Market-Based Information aloud.

What Reading Level is Measuring Oil-Price Shocks Using Market-Based Information?

Measuring Oil-Price Shocks Using Market-Based Information is suitable for students ages 8 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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