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Dynamic cyclical comovements between oil prices and US GDP: A wavelet perspective

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  • Benhmad, François
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    Abstract

    In this paper, we use wavelet analysis to investigate the cyclical comovements between crude oil prices and US GDP, taking into account the decline in the volatility of US GDP growth that has occurred since the mid-1980s.

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    Bibliographic Info

    Article provided by Elsevier in its journal Energy Policy.

    Volume (Year): 57 (2013)
    Issue (Month): C ()
    Pages: 141-151

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    Handle: RePEc:eee:enepol:v:57:y:2013:i:c:p:141-151

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    Web page: http://www.elsevier.com/locate/enpol

    Related research

    Keywords: Wavelets; Business cycle; Granger causality;

    References

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    Cited by:
    1. Benhmad, François, 2013. "Bull or bear markets: A wavelet dynamic correlation perspective," Economic Modelling, Elsevier, vol. 32(C), pages 576-591.

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