Macroeconomic impacts of oil price volatility: mitigation and resilience

@article{Ebrahim2014MacroeconomicIO,
  title={Macroeconomic impacts of oil price volatility: mitigation and resilience},
  author={Zoheir Ebrahim and Oliver Richard Inderwildi and David Anthony King},
  journal={Frontiers in Energy},
  year={2014},
  volume={8},
  pages={9-24}
}
Dependency on oil-derived fuels in various sectors, most notably in mobility, has left the global economy vulnerable to several macroeconomic economic side effects. Numerous studies have addressed the effect of price volatility on specific economic parameters. However, the current literature lacks a comprehensive review of the interactions between global macroeconomic performance and oil price volatility (OPV). Price volatility is intrinsic in commodity markets, but has been advancing at a… CONTINUE READING

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