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

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  • Benhmad, François

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.

Suggested Citation

  • Benhmad, François, 2013. "Dynamic cyclical comovements between oil prices and US GDP: A wavelet perspective," Energy Policy, Elsevier, vol. 57(C), pages 141-151.
    • Handle: RePEc:eee:enepol:v:57:y:2013:i:c:p:141-151
    DOI: 10.1016/j.enpol.2013.01.017
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    as
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