An Application of Models of Speculative Behaviour to Oil Prices
Date
2012
Authors
Shi, ShuPing
Vipin, Arora
Journal Title
Journal ISSN
Volume Title
Publisher
Elsevier
Abstract
We estimate three different models of speculative behaviour using oil price data. Our findings provide support for the claim by . Phillips and Yu (2011) and . Gilbert (2010) that a bubble in oil prices existed for a short period in 2008.
Description
Keywords
Keywords: Bubble; Estimation; Oil price; Speculative behaviour; Three-regime
Citation
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Source
Economics Letters
Type
Journal article
Book Title
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Restricted until
2037-12-31