Monetary Policy and the Oil Market (Hardcover, 1st ed. 2016)

While oil price fluctuations in the past can be explained by pure supply factors, this book argues that it is monetary policy that plays a significant role in setting global oil prices. It is a key factor often neglected in much of the earlier literature on the determinants of asset prices, including oil prices. However, this book presents a framework for modeling oil prices while incorporating monetary policy. It also provides a complete theoretical basis of the determinants of crude oil prices and the transmission channels of oil shocks to the economy. Moreover, using several up-to-date surveys and examples from the real world, this book gives insight into the empirical side of energy economics. The empirical studies offer explanations for the impact of monetary policy on crude oil prices in different periods including during the subprime mortgage crisis of 2008-2009, the impact of oil price variations on developed and emerging economies, the effectiveness of monetary policy in the Japanese economy incorporating energy prices, and the macroeconomic impacts of oil price movements in trade-linked cases. This must-know information on energy economics is presented in a reader-friendly format without being overloaded with excessive and complicated calculations. enUsed="false" QFormat="true" Name="Subtle Emphasis"/>

General

Imprint:	Springer Verlag,Japan
Country of origin:	Japan
Series:	ADB Institute Series on Development Economics
Release date:	March 2016
Editors:	Naoyuki Yoshino • Farhad Taghizadeh-Hesary
Dimensions:	235 x 155 x 11mm (L x W x T)
Format:	Hardcover
Pages:	143
Edition:	1st ed. 2016
ISBN-13:	978-4-431-55796-8
Categories:	Books > Business & Economics > Economics > Development economics Books > Business & Economics > Economics > Macroeconomics > Monetary economics Books > Business & Economics > Economics > International economics > General Books > Business & Economics > Industry & industrial studies > Energy industries & utilities > Petroleum & oil industries Promotions
LSN:	4-431-55796-2
Barcode:	9784431557968

Is the information for this product incomplete, wrong or inappropriate? Let us know about it.

Does this product have an incorrect or missing image? Send us a new image.

Is this product missing categories? Add more categories.

Review This Product

No reviews yet - be the first to create one!