Title of article
Dynamic cyclical comovements between oil prices and US GDP: A wavelet perspective
Author/Authors
François Benhmad، نويسنده ,
Issue Information
ماهنامه با شماره پیاپی سال 2013
Pages
11
From page
141
To page
151
Abstract
Our main findings suggest that before 1984:Q1, the crude oil prices were leading the US GDP cycle by 3 quarters and Granger cause US GDP. In contrast, after 1984:Q1, the crude oil prices were lagging the US business cycle, and a reverse causality is found to run from US GDP to oil prices. The multiscale Granger causality tests globally corroborate theses results.
Keywords
Granger causality , Business cycle , Wavelets
Journal title
Energy Policy
Serial Year
2013
Journal title
Energy Policy
Record number
974207
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