Three Epochs of Oil
收藏NBER2009-04-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w14927
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资源简介：
We test for changes in price behavior in the longest crude oil price series available (1861-2008). We find strong evidence for changes in persistence and in volatility of price across three well defined periods. We argue that historically, the real price of oil has tended to be highly persistent and
提供机构：
美国国家经济研究局
创建时间：
2009-04-01
