Sources of Volatility during Four Oil Price Crashes

Previous sharp oil price declines have been accompanied by elevated ex-post volatility. In contrast, volatility was much less elevated during the oil price crash in 2014/15. We provide evidence that oil prices declined in a relatively measured manner during 2014/15, with a dispersion of price change...

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Bibliographic Details
Main Authors: Baffes, John, Kshirsagar, Varun
Format: Journal Article
Language:en_US
Published: Taylor and Francis 2015
Subjects:
Online Access:http://hdl.handle.net/10986/23515