1 option
Energy Markets and Global Economic Conditions / Christiane Baumeister, Dimitris Korobilis, Thomas K. Lee.
- Format:
- Book
- Author/Creator:
- Baumeister, Christiane.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w27001.
- NBER working paper series no. w27001
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2020.
- Summary:
- This paper evaluates alternative indicators of global economic activity and other market fundamentals in terms of their usefulness for forecasting real oil prices and global petroleum consumption. We find that world industrial production is one of the most useful indicators that has been proposed in the literature. However, by combining measures from a number of different sources we can do even better. Our analysis results in a new index of global economic conditions and new measures for assessing future tightness of energy demand and expected oil price pressures.
- Notes:
- Print version record
- April 2020.
The Penn Libraries is committed to describing library materials using current, accurate, and responsible language. If you discover outdated or inaccurate language, please fill out this feedback form to report it and suggest alternative language.