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Full-Text Articles in International Economics
Eu's Common Foreign Policies Towards Russia: Past, Present And Future, Yigit Canay
Eu's Common Foreign Policies Towards Russia: Past, Present And Future, Yigit Canay
Claremont-UC Undergraduate Research Conference on the European Union
No abstract provided.
The Economic Impact Of Oil Price Shocks On Emerging Markets, Aanchal Kapoor
The Economic Impact Of Oil Price Shocks On Emerging Markets, Aanchal Kapoor
CMC Senior Theses
Recent spikes in oil prices have thrown light on how economic activity in emerging markets may be impacted by oil price shocks. This paper conducts an empirical analysis of the effect of oil price shocks on emerging markets. It tests for the existence of an asymmetrical relationship between oil prices and economic activity using a model developed by James Hamilton. It also assesses the impact of structural shocks to the real price of oil on output as proposed by Lutz Kilian. While our models find no consistent pattern within emerging markets, they do suggest that oil price shocks have a …