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1. 1. Oil price shocks and trade

   Master-uppsats, Lunds universitet/Nationalekonomiska institutionen

   Författare :Viktor Åkerström; Simon Ljungqvist; [2016]
   Nyckelord :Oil price shocks; trade balance; VAR; Orthogonalized Impulse Response Functions; Euro area; Business and Economics;

   Sammanfattning : This study aims to examine the effects of oil price shocks on the overall trade- and the non-oil trade balances for ten oil-importing Euro area countries. Theory suggests that the effects from an oil price shock on the oil component of the trade balance for oil importers is negative, but that the effect on the non-oil component is positive. LÄS MER