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1

Lee, Kiseok, Wensheng Kang, and Ronald A. Ratti. "OIL PRICE SHOCKS, FIRM UNCERTAINTY, AND INVESTMENT." Macroeconomic Dynamics 15, S3 (2011): 416–36. http://dx.doi.org/10.1017/s1365100511000496.

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This paper seeks to answer the following questions: Do oil price shocks affect firms' investment decisions? Do oil price shocks affect investment decisions differentially depending on firm-specific uncertainty? Over what time horizon do oil price shocks affect high-uncertainty firms? Is the intensity of the oil price shock important, or just its existence? It is found that oil price shocks depress firms' investment decisions, and do so differentially by depressing investment more for more uncertain firms. Oil shocks affect investment for at least the first and second year after the shock. In t
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2

Fattahi, Shahram, Zainab Moridi, and Rasoul Moridi. "The Impact of Oil Shocks on Exchange Rates: The Case of Selected OPEC Countries." Applied Finance and Accounting 7, no. 2 (2021): 1. http://dx.doi.org/10.11114/afa.v7i2.5188.

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OPEC countries are heavily dependent on oil dollar revenues through which impact on exchange rates. The purpose of this study is to investigate the effect of oil shocks on the real exchange rates for selected OPEC countries for the period 1980-2018. The oil shocks are first obtained using the vector auto-regression model and then their effects on the exchange rates are estimated using a panel quantile regression model. The results show that effect of oil shocks on exchange rates varies across quantiles. The oil specific-demand shock and global demand shock have a negative and significant effec
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3

Zhang, Rufei, Haizhen Zhang, Wang Gao, Ting Li, and Shixiong Yang. "The Dynamic Effects of Oil Price Shocks on Exchange Rates—From a Time-Varying Perspective." Sustainability 14, no. 14 (2022): 8452. http://dx.doi.org/10.3390/su14148452.

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This study investigates the time-varying effects of three types of oil price shocks (oil demand, supply, and risk shock) on exchange rates by applying the time-varying parameter structural vector autoregression stochastic volatility (TVP-SVAR-SV) model. Through examining the impulse response of exchange rates to oil price shocks at different lag periods and time points, this paper contributes to the existing literature on the dynamic relationship between oil shocks and exchange rates. From the response at different lag periods, we find that oil price shocks have a significant time-varying impa
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4

Castro, César, Rebeca Jiménez-Rodríguez, and Renatas Kizys. "Time-Varying Relation between Oil Shocks and European Stock Market Returns." Journal of Risk and Financial Management 16, no. 3 (2023): 174. http://dx.doi.org/10.3390/jrfm16030174.

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This paper considers a time-varying parameter vector autoregression model to analyze the varying impact of three types of structural oil shocks (the supply-side shock, the aggregate demand shock, and the oil-specific demand shock) on the European stock market since the 1990s. Our findings show that the three types of oil shocks heterogeneously influence stock market returns in the euro area, and that this influence considerably changes over time during the period considered. First, an unexpected increase in oil supply appears to exert a positive but generally declining effect in the period bef
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Sadath, Anver Chittangadan, and Rajesh Herolli Acharya. "The macroeconomic effects of increase and decrease in oil prices: evidences of asymmetric effects from India." International Journal of Energy Sector Management 15, no. 3 (2021): 647–64. http://dx.doi.org/10.1108/ijesm-02-2020-0009.

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Purpose The purpose of this paper is to assess whether oil price shocks emanating from oil price increase and decrease have a different impact on the macroeconomic activity. Design/methodology/approach This study conducts the empirical analysis using structural vector auto-regressive model on Indian data for the period from 1996 to 2017. This paper uses four key macroeconomic variables, namely, real gross domestic product (GDP), the real rate of interest, real money supply, wholesale price index inflation and various linear and non-linear measures of oil price shock. Findings Empirical results
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Mihut, Marius Ioan, and Decean Liviu Daniel. "First Oil Shock Impact on the Japanese Economy." Procedia Economics and Finance 3 (2012): 1042–48. http://dx.doi.org/10.1016/s2212-5671(12)00271-7.

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7

Herrera, Ana María. "OIL PRICE SHOCKS, INVENTORIES, AND MACROECONOMIC DYNAMICS." Macroeconomic Dynamics 22, no. 3 (2018): 620–39. http://dx.doi.org/10.1017/s1365100516000225.

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This paper investigates the time delay in the transmission of oil price shocks using disaggregated manufacturing data on inventories and sales. VAR estimates indicate that industry-level inventories and sales respond faster to an oil price shock than aggregate gross domestic product, especially in industries that are energy-intensive. In response to an unexpected oil price increase, sales drop and inventories are accumulated. This leads to future reductions in production. We estimate a modified linear–quadratic inventory model to inquire whether the patterns observed in the VAR impulse respons
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8

Lukasevich, I. Ya. "The impact of oil shocks on the Russian stock market: an empirical study." Management and Business Administration, no. 2 (June 2020): 121–33. http://dx.doi.org/10.33983/2075-1826-2020-2-121-133.

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The paper is devoted to the study of approaches to assessing the impact of external macroeconomic shocks on the Russian stock market. A sharp drop in oil prices (oil shock) is considered as a macroeconomic shock. The analysis of possible approaches to solving this problem is carried out, and their theoretical generalization is given. Based on an extensive sample of daily values of prices for Brent oil and the Russian stock index RTS for the period from 1998 to the first half of 2020, a study was conducted on the dependence of the domestic stock market on the global oil market. An approach to a
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9

DRAMA, Bédi Guy Hervé. "Asymmetric Effects of COVID-19 Deaths and Oil Price Shocks on Stock Market Returns in Some Selected African Countries: Evidence From Nonlinear ARDL Approach." International Research in Economics and Finance 8, no. 1 (2024): 1. http://dx.doi.org/10.20849/iref.v8i1.1441.

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This study investigates the asymmetric impact of oil price shocks and COVID-19 total deaths on Kenya, Morocco, Nigeria and South Africa stock market returns. To achieve this objective employing weekly time series data from March 13, 2020 to September 23, 2022, first, we apply the BDS test which confirm the nonlinearity of each series. Second, stationarity tests are used to investigate each series for unit root. The results show that series are stationary in level and in first difference. Third, the bounds test reveals that the series have a cointegration relationship and we apply the nonlinear
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10

Chinoy, Sajjid Z., and Toshi Jain. "What Does Oil in Triple Digits Mean for India?" Indian Public Policy Review 3, no. 2 (Mar-Apr) (2022): 1–14. http://dx.doi.org/10.55763/ippr.2022.03.02.001.

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 The Russia-Ukraine conflict is expected to impact India’s economy through several channels but we posit first order impacts will emanate from higher crude prices. If crude prices were to average $100/barrel in 2022, they will constitute a discernible adverse terms of trade shock for India’s economy that could shave a percentage point off India’s growth, pressure inflation further and widen the current account deficit towards 3% of GDP. How should policy respond? A negative terms of trade shock would argue for a more depreciated equilibrium real effective exchange ra
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11

ASAKURA, FUMIOKI, and MITSURU YAMAZAKI. "VISCOUS SHOCK PROFILES FOR 2 × 2 SYSTEMS OF HYPERBOLIC CONSERVATION LAWS WITH AN UMBILIC POINT." Journal of Hyperbolic Differential Equations 06, no. 03 (2009): 483–524. http://dx.doi.org/10.1142/s0219891609001903.

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This article analyzes the existence of viscous shock profiles joining two states satisfying the Rankine–Hugoniot condition that comes from hyperbolic 2 × 2 systems of conservation laws having quadratic flux functions with an isolated umbilic point: the point where the characteristic speeds coincide and the Jacobian matrix of the flux functions is diagonalizable. The systems studied in this note are particularly in Schaeffer and Shearer's cases I and II which are relevant to the three-phase Buckley–Leverett model for oil reservoir flow. It is shown that any compressive and overcompressive shock
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12

HEIDARPOUR, Afshin, Mosayeb PAHLAVANI, Mohamadnabi SHAHIKI TASH, and Seyedkomail TAYEBI. "A New Keynesian Framework for Monetary Policy Analysis in Iran’s Economy. A Dynamic Stochastic General Equilibrium Approach." Theoretical and Practical Research in the Economic Fields 6, no. 2 (2015): 97. http://dx.doi.org/10.14505/tpref.v6.2(12).01.

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This paper focuses on New Keynesian framework for monetary policy analysis of Iran. It considers a dynamic stochastic general equilibrium (DSGE) models. This article expands a sensitivity analysis of the optimal rules to deep structural parameters and investigating properties of an optimal simple rule with respect to prevailing type of shocks which is the main purpose of the article. Finally, the study highlights how an optimal policy rule depends on model structure, on the model calibration and nominal rigidities. 
 According to the research findings, based on the theoretical expectation
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13

Barsky, Robert B., and Lutz Kilian. "Oil and the Macroeconomy Since the 1970s." Journal of Economic Perspectives 18, no. 4 (2004): 115–34. http://dx.doi.org/10.1257/0895330042632708.

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Increases in oil prices have been held responsible for recessions, periods of excessive inflation, reduced productivity and lower economic growth. In this paper, we review the arguments supporting such views. First, we highlight some of the conceptual difficulties in assigning a central role to oil price shocks in explaining macroeconomic fluctuations, and we trace how the arguments of proponents of the oil view have evolved in response to these difficulties. Second, we challenge the notion that at least the major oil price movements can be viewed as exogenous with respect to the US macroecono
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14

CHITADZE, Nika. "The Role of the OPEC in the International Energy Market." Journal of Social Sciences 1, no. 1 (2012): 5–12. http://dx.doi.org/10.31578/jss.v1i1.28.

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The paper analyzes the policy of OPEC and its influence on the global prices of oil during different periods of the history of Cartel since its foundation till now. Particularly it provides information about the prehistory of the establishment of the Organization in the beginning of 60s of the last century and its First Steps. The research goes deeply through the role of the OPEC in causing the first oil shock (1973 – 1975) and the second oil shock (1979 – 1980). The paper includes the main reasons of the collapse of oil prices in the 1980s and the low prices in the 1990s. Furthermore, it anal
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15

Cohen, Jordan. "The First Oil Shock? Nixon, Congress, and the 1973 Petroleum Crisis." Journal of the Middle East and Africa 12, no. 1 (2021): 49–68. http://dx.doi.org/10.1080/21520844.2021.1886501.

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16

Du, Siyuan, Changming Zhang, Ke Zhou, and Zhixin Zhao. "Study of the Two-Phase Flow Characteristics of a Damping Orifice in an Oleo-Pneumatic Shock Absorber." Fluids 7, no. 12 (2022): 360. http://dx.doi.org/10.3390/fluids7120360.

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The oleo-pneumatic shock absorber involves a complex two-phase flow in the working process. In this paper, a simple oleo-pneumatic shock absorber model was established, and the volume-of-fluid (VOF) two-phase flow model was adopted to accurately simulate the distribution of the two-phase flow field in the shock absorber through the commercial software FLUENT 2020 R2. The accuracy of the simulation model was verified by the method of engineering damping force estimation, and the error of the numerical simulation results compared with the engineering estimation results was 7–8%. By numerical sim
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17

Liang, Liang, Liang Tian, Yun Qing Zhang, and Jie Zhang. "Twin Tube Shock Absorber Thermo-Mechanical Coupling Simulation." Advanced Materials Research 566 (September 2012): 669–75. http://dx.doi.org/10.4028/www.scientific.net/amr.566.669.

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During the working process, temperature of the oil increases and its viscosity decreases due to the damping force, resulting in changes in operating characteristics of the shock absorber. This paper firstly analyzes the mechanism of themogenesis and heat transfer means of shock absorber in details, and then establishes the thermodynamic model of shock absorber with the energy conservation law and the first law of thermodynamics on this basis. After a comparison between the simulation results and the experimental results, causes of error will be analyzed. The study shows that the more influenti
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18

Campbell, Burnham O. "Asian and Pacific Developing Economies: Performance and Issues." Asian Development Review 05, no. 01 (1987): 1–43. http://dx.doi.org/10.1142/s0116110587000010.

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The expansionary and inflationary world economy of the 1970s was brought about by the expansionary and inflationary financing, especially by the United States, of the first oil shock in 1973. The decision of the United States to offset rather than to accommodate the second oil shock in 1979 led to a new environment and set of economic problems for the developing economies, particularly in the Asian and Pacific region. Outward-looking development policies seemed a less attractive response to the oil shock mainly because the world recession brought about record levels of real interest rates, a s
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19

Dadkhah, Kamran M. "The Inflationary Process of the Iranian Economy, 1970–1980." International Journal of Middle East Studies 17, no. 3 (1985): 365–81. http://dx.doi.org/10.1017/s0020743800029251.

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During the past decade, the Iranian economy has experienced two severe shocks. The first was the huge increase in oil revenues and the subsequent increase in government expenditures. The second was the Iranian revolution, with the concomitant flight of capital and production setbacks. The first shock produced in the Iranian economy severe inflation that, although not unfamiliar to the Iranians, has been unprecedented in scale and is still accelerating. Analysis of the causes of this inflation is important for understanding the course of events and for predicting future trends.
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20

Michail, Nektarios A., Konstantinos D. Melas, and Kyriaki G. Louca. "Determinants of Ship Management Revenues: The Case of Cyprus." Economies 11, no. 7 (2023): 184. http://dx.doi.org/10.3390/economies11070184.

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We explore, for the first time in the literature, how the revenues of ship management companies respond to macroeconomic exogenous shocks. Using data for ship-management companies in Cyprus, we find evidence that a demand shock has the largest impact on revenues, exhibiting an almost one-for-one relationship. If the demand shock is permanent, we observe a ceteris paribus permanent effect on revenues. Similarly, this occurs irrespective of the final effect that demand has on the relevant freight rate, proxied via the Baltic dry and tanker (dirty and clean) indices. The BDI and the BDTI indices
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21

Azer Gasimli, Elshan Aliyev, Azer Gasimli, Elshan Aliyev. "WELL TO INCREASE SLUDGE OIL PRODUCTION ABOUT THE APPLICATION OF WAVE TECHNOLOGY THROUGH THE SYSTEM." ETM - Equipment, Technologies, Materials 19, no. 01 (2024): 171–76. http://dx.doi.org/10.36962/etm19012024-171.

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The article talks about the results of the work on increasing the oil yield of the formations by applying the shock wave technology. It is noted that when applying the shock wave method to the layer: first - the expansion of the feeding contour of the wells as a result of the increase in permeability of the collector in the bed, the second - due to the decrease in the viscosity of the oil, its filtration will improve. It is recommended to improve the equipment used to get higher results from the application of the method. Keywords: shock-wave, elastic wave, seismoacoustic, vibration, perforati
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22

Ozigbu, Johnbosco Chukwuma. "Oil Price Shock and Trade Balance in Nigeria." IIARD International Journal of Economics and Business Management 9, no. 5 (2024): 13–25. http://dx.doi.org/10.56201/ijebm.v9.no5.2023.pg13.25.

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This study used the Brent crude oil price to examine whether the variability in the trade balance of Nigeria is linked to the fluctuation in oil price.To achieve this, the study used annual frequency data from 1981 to 2021 sourced from the United Nations Conference on Trade and Development (UNCTAD), the World Bank’s World Development Indicator (WDI), and the Central Bank of Nigeria (CBN) Statistical Bulletin. The bound test procedure to cointegration was adopted and the nexus between oil shock and trade balance was examined within the autoregressive distributed lag (ARDL) framework. Additional
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23

Henzel, Steffen R., and Elisabeth Wieland. "INTERNATIONAL SYNCHRONIZATION AND CHANGES IN LONG-TERM INFLATION UNCERTAINTY." Macroeconomic Dynamics 21, no. 4 (2016): 918–46. http://dx.doi.org/10.1017/s1365100515000772.

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We investigate the international linkages of uncertainty associated with the long-term movements of inflation. In the first step, we establish that inflation uncertainty in the G7 is intertwined, and the degree of synchronization has increased during the recent two decades. We also document a rise in inflation uncertainty accompanying the global financial crisis. Based on a factor–structural vector autoregression, we provide evidence of a common international shock. We disclose that this shock is closely related to oil and commodity price uncertainty, and it explains large parts of the recent
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Koojaroenpaisan, Rawiporn, and Paul Patterson. "GAZI and the Shock Absorber Market in Thailand." Asian Case Research Journal 17, no. 02 (2013): 243–66. http://dx.doi.org/10.1142/s0218927513500119.

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Siam Suspension Innovation Co. Ltd. (SSI) in 2004 manufactured the first local brand of shock absorber for motor cycles (GAZI brand) in Thailand. This case documents how several entrepreneurs with a passion for motorcycles grasped an opportunity to invent, manufacture and successfully brand a decorative shock absorber for the ubiquitous motorcycle riders of Thailand. Prior to the development of the GAZI brand, shock absorbers were simply just another OEM (original equipment manufacturer) component on a motor bike that was typically only replaced when it was worn out. Shock absorbers were diffe
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25

Stanovnik, Tine. "Household energy consumption in Slovenia ten years after the first oil shock." Energy Policy 14, no. 3 (1986): 272–80. http://dx.doi.org/10.1016/0301-4215(86)90149-7.

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26

Pokrivčák, J., and M. Rajčaniová. "Crude oil price variability and its impact on ethanol prices." Agricultural Economics (Zemědělská ekonomika) 57, No. 8 (2011): 394–403. http://dx.doi.org/10.17221/42/2010-agricecon.

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The world annual biofuel production has exceeded 100 billion litres in 2009. The development of the biofuel production is partly influenced by the government support programs and partly by the development of oil prices. The main purpose of this paper is to analyze the statistical relationship between ethanol, gasoline and crude oil prices. We aim to check the correlation among these variables and to analyze the strength and direction of a possible linear relationship among the variables. We are interested in analyzing how each variable is related to another, so we evaluate the inter-relationsh
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27

Komail Tayebi, Seyed, and Mehdi Yazdani. "Financial crisis, oil shock and trade in Asia." Journal of Economic Studies 41, no. 4 (2014): 601–14. http://dx.doi.org/10.1108/jes-04-2011-0053.

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Purpose – In this paper the authors address the questions whether global financial crises cause oil shocks worldwide, then whether such shocks affect trade flows of both oil importing and oil exporting countries of East-West Asia. The purpose of this paper is thus to explore such effects by specifying basically a dynamic export model using data of the Asian economies countries over the period 1980-2008. Design/methodology/approach – An ARDL specification is applied to show the dynamic effects of main determinants, including financial crisis and the world oil price, on the export flows of each
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28

Glazov, Alexandr. "The COMECON Internal Analysis of the Prospects for the Development of Oil Cooperation with Iraq in the 1970s." ISTORIYA 14, no. 10 (132) (2023): 0. http://dx.doi.org/10.18254/s207987840028563-8.

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October 2023 marks the 50th anniversary of the moment when the world faced the first oil shock of 1973—1974. As time has shown, its influence (along with the influence of the second oil shock of 1979—1980) turned out to be significant not only for the “Capitalist Bloc”, but also for the “Socialist Camp”. On the eve of the first oil shock, in the spring and summer of 1973, a new working body was created within the framework of the Comecon (its Standing Commission on Foreign Trade), the so-called Petroleum Bureau. It was the Petroleum Bureau that in 1973—1978 represented the main coordinating an
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29

Effah-Mensah, David, and Ebenezer Essiam. "Exchange Rate Pass-Through to Domestic Inflation in Ghana." Business Economic, Communication, and Social Sciences Journal (BECOSS) 6, no. 1 (2024): 1–12. http://dx.doi.org/10.21512/becossjournal.v6i1.10872.

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The current study estimates the exchange rate pass-through on domestic prices from January 2013 to December 2018, using a recursive vector autoregressive model (VAR). Applying Cholesky decomposition to the model, six variables were ordered as follows: oil prices, output gap, exchange rate, import prices, overall inflation and Treasury bill rate with an assumption that the identified shocks contemporaneously impact variables which are ordered after the shock without any contemporaneous feedback. We find evidence of incomplete exchange rate pass-through to domestic prices. Thus, domestic price c
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30

Hu, John Wei-Shan, Yi-Chung Hu, and Chien-Yu Lin. "Effect of Temperature Shock and Inventory Surprises on Natural Gas and Heating Oil Futures Returns." Scientific World Journal 2014 (2014): 1–10. http://dx.doi.org/10.1155/2014/457636.

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The aim of this paper is to examine the impact of temperature shock on both near-month and far-month natural gas and heating oil futures returns by extending the weather and storage models of the previous study. Several notable findings from the empirical studies are presented. First, the expected temperature shock significantly and positively affects both the near-month and far-month natural gas and heating oil futures returns. Next, significant temperature shock has effect on both the conditional mean and volatility of natural gas and heating oil prices. The results indicate that expected in
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Asima Siddique, Ali Ijaz, Humaira Akram, Zeeshan Khan, and Muhammad Asif Khan. "Asymmetric impact of coronavirus news, fear index, oil price on United States equity market: the first study on Infectious Disease EMV index." International Journal of Social Science & Entrepreneurship 4, no. 1 (2024): 250–70. http://dx.doi.org/10.58661/ijsse.v4i1.262.

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The first novel paper investigates the effect of the Coronavirus crisis (USCOVID-19), fear index, and oil price on the United States equity market price. Our study first time used the novel proxy of the fear index (Infectious Disease EMV index) developed by Baker et al. (2020). The recent paper collected the data from 21 January 2020 which is the start of novel coronavirus (COVID-19) in America (US) up till the 6 July 2021. The paper has used the linear model of Nonlinear Autoregressive distributed lag (NARDL) to confirm the causal factors (short-long run) of DJI. The result depicts that two o
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Saadaoui, Amir, Kais Saidi, and Mohamed Kriaa. "Transmission of shocks between bond and oil markets." Managerial Finance 46, no. 10 (2020): 1231–46. http://dx.doi.org/10.1108/mf-11-2019-0554.

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PurposeThis paper aims at looking into the transmission of shocks between bond and oil markets using a bivariate GARCH (BEKK and DCC) model. As lots of financial assets have been exchanged due to these index returns, it is essential for financial market participants to figure out the mechanism of volatility transmission through time and via these series for the purpose of taking optimal decisions of portfolio allocation. The outcomes drawn reveal an important volatility transmission between sovereign bond and oil indices, with great sensitivity during and after the subprime crisis period.Desig
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33

Nelson, Edward. "A Look Back at "Look Through"." Finance and Economics Discussion Series, no. 2025-037 (May 2025): 1. https://doi.org/10.17016/feds.2025.037.

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This paper examines the place that a “look-through” approach to price shocks has acquired in inflation-targeting frameworks. The “look-through” approach reflects the fact that, in the event of a shock that is likely (on impact) to put a sizable share of consumer prices under upward pressure, one option available to the central bank is to accommodate the initial price rise. In doing so, it can also attempt to ensure that future inflation rates, and inflation expectations, are insulated from the shock. Although the policy of “looking through” has achieved considerable acceptance, its origins are
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Mei, Xiao Qin, Guo Fu Yin, and Yang Luo. "Research on FDM Technique for the First Die of Matrix PDC Bit." Key Engineering Materials 522 (August 2012): 192–96. http://dx.doi.org/10.4028/www.scientific.net/kem.522.192.

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Polycrystalline Diamond Compact Bit is a new type of drilling tools, which has been developed with the developing of Polycrystalline Diamond Compact Technology. Because of excellent abilities of anti-erosion and shock resistance, PDC bit has higher security and efficiency than rock bit in drilling field [. It has been used more and more in oil drilling and coal drilling, especially, in offshore drilling, ultra-deep drilling and slim-hole drilling [.
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35

Rebar, A. H., T. P. Lipscomb, R. K. Harris, and B. E. Ballachey. "Clinical and Clinical Laboratory Correlates in Sea Otters Dying Unexpectedly in Rehabilitation Centers Following the Exxon Valdez Oil Spill." Veterinary Pathology 32, no. 4 (1995): 346–50. http://dx.doi.org/10.1177/030098589503200402.

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Following the Exxon Valdez oil spill, 347 oiled sea otters ( Enhydra lutris) were treated in rehabilitation centers. Of these, 116 died, 94 within 10 days of presentation. Clinical records of 21 otters dying during the first 10 days of rehabilitation were reviewed to define the laboratory abnormalities and clinical syndromes associated with these unexpected deaths. The most common terminal syndrome was shock characterized by hypothermia, lethargy, and often hemorrhagic diarrhea. In heavily and moderately oiled otters, shock developed within 48 hours of initial presentation, whereas in lightly
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36

Mezghani, Taicir, and Mouna Boujelbène. "The contagion effect between the oil market, and the Islamic and conventional stock markets of the GCC country." International Journal of Islamic and Middle Eastern Finance and Management 11, no. 2 (2018): 157–81. http://dx.doi.org/10.1108/imefm-08-2017-0227.

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PurposeThis study aims to investigate the transmission of shock between the oil market and the Islamic and conventional stock markets of the Gulf Cooperation Council (GCC) countries during the oil shocks of 2008 and 2014.Design/methodology/approachThis study uses two models. First, the dynamic conditional correlation–generalized autoregressive conditionally heteroskedastic model has been used to capture the fundamental contagion effects between the oil market and the Islamic and conventional stock markets during the tranquil and turmoil-crisis periods of 2008-2014. Second, the filter of Kalman
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Lykov, V. V., L. Sh Makhmudova, and K. Sh Laieva. "STABILIZATION OF THE FIELD WATER-OIL EMULSION BY ELECTROHYDRAULIC IMPACT WITH A 15-FOLD DECREASE IN VISCOSITY." Petroleum Engineering 21, no. 4 (2023): 142–53. http://dx.doi.org/10.17122/ngdelo-2023-4-142-153.

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For the first time, the inverse, no less urgent, task of influencing the field oil-water emulsion (OWE) has been solved — not to destroy the OWE and decompose it into oil and water (a direct task), but to create a stable emulsion, while its viscosity should be significantlyreduced. The electrohydraulic effect was used to influence on OWE — the formation of a shock wave as a result of a pulsed plasma electrohydraulic discharge (PAED) in a liquid (electrohydraulic shock — E-shock). The study was carried out on crude water-oil emulsions of the Taylakovsky field of the Slavneft-Megionneftegas-Gazp
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38

Saka, Jimoh O. "OIL PRICE BEHAVIOUR, EXCHANGE RATE MOVEMENT AND THE COVID-19 PANDEMIC IN NIGERIA: ANALYSIS OF THE FIRST THREE QUARTERS OF 2020." Oradea Journal of Business and Economics 6, no. 1 (2021): 51–61. http://dx.doi.org/10.47535/1991ojbe121.

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This paper evaluates the response of oil price and exchange rate to the corona virus pandemic shock aside from the link between oil price and exchange rate for the first three quarters of 2020 in Nigeria. The theoretical framework emanates from the informal approach and the terms of trade channels. Using VAR cointegration approach, results show existence of long run relationship among the oil price, exchange rate movement and the corona virus indicators based on Max-Eigen and Trace test statistic. End of first quarter oil price, discharge rate and fatality rate negatively relate with current e
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Glazov, Alexandr. "Comecon Internal Assessment of the Oil Market Conditions on the Eve of the 1973—1974 Oil Shock." ISTORIYA 13, no. 12-2 (122) (2022): 0. http://dx.doi.org/10.18254/s207987840024084-1.

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Today, in the context of the fourth energy transition and the simultaneous increase of problems in the global fuel and energy complex, it is important for humanity to take into account all the experience accumulated by it to date, including negative experience, when composing and implementing various development plans / economic projects. In particular, it is necessary to avoid repeating the mistakes that were associated with the beginning and serious consequences of the 1970s energy crisis. This article attempts to reveal Comecon internal assessment of the oil market conditions on the eve of
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Reshef, Yonatan. "Changing Environments and Management IR Practices. Implications for US Trade Unions." Articles 43, no. 1 (2005): 43–62. http://dx.doi.org/10.7202/050387ar.

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Since the first oil shock of 1973, in the U.S., significant changes have shaken long-standing industrial relations patterns in the union manufacturing sector. This paper concentrates on the challenges posed to manufacturing unions by changing environments and management industrial relations practices.
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Yago, Kazuhiko. "Before the ‘locomotive’ runs: the impact of the 1973–1974 oil shock on Japan and the international financial system." Financial History Review 27, no. 3 (2020): 418–35. http://dx.doi.org/10.1017/s0968565020000177.

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This article offers a Japanese perspective on the debate about the international financial system immediately after the first oil shock of 1973–4. Using archival records from the OECD and Bank of Japan, I analyze the three key policy issues discussed at the meetings of Working Party 3 (WP3) of the OECD: petrodollar recycling, balance-of-payments adjustments, and the management of global growth. Documents show that the Japanese approach to capital controls, exchange rate management, state-led growth orientation and international banking strategies was rather strengthened by the impact of the oi
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Ray, George F. "British Coal." National Institute Economic Review 130 (November 1989): 75–84. http://dx.doi.org/10.1177/002795018913000107.

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In view of the abundant resources of coal in the United Kingdom, it was natural that at the time immediately following the first oil shock in 1973 certain hopes were pinned on coal: that coal usage would recover enabling the country to reduce its high reliance on oil. With the benefit of hindsight it is clear by now that whilst the importance of oil in our energy supplies has indeed been reduced, it was not primarily due to any resurgence of the demand for coal. The production and consumption of coal have continued to decline.
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43

Hori, Y., and T. Kato. "Earthquake-Induced Instability of a Rotor Supported by Oil Film Bearings." Journal of Vibration and Acoustics 112, no. 2 (1990): 160–65. http://dx.doi.org/10.1115/1.2930108.

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The effect of seismic waves on the stability of a Jeffcott rotor supported by oil film bearings is investigated by calculating loci of the centers of the journal and the disk using the Runge-Kutta-Gill method. It will be shown that a linearly stable rotor can become unstable under a strong artificial shock and a real seismic wave, if it is running at speeds above twice the first critical speed, which is close to the natural frequency of the rotor. Thus, it will be pointed out that the linear analysis is insufficient to examine the stability of a rotor-bearing system if the rotor is operated ab
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44

Baker, Thomas H. "First Movers and the Growth of Small Industry in Northeastern Italy." Comparative Studies in Society and History 36, no. 4 (1994): 621–48. http://dx.doi.org/10.1017/s001041750001937x.

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In the 1970s, Italy's economy grew faster than all in the industrialized world but Japan's. Its growth rates of up to 5 percent, although lower than in the 1960s, compared favorably to the relatively flat figures from Britain, Germany, and the United States, most strikingly in the two years after the second oil shock of 1979. Following its first “economic miracle” in the 1950s and 1960s, wrote The Economist, Italy's “second, lesser miracle” was how the country continued to thrive in the 1970s despite a “bumbling bureaucracy,” ineffective governments, high inflation and public debt, terrorism,
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45

Zhu, Zhekai. "Comparison of Hong Kong And Taiwan Economic Development in the Context of the Oil Crisis." Journal of Education, Humanities and Social Sciences 23 (December 13, 2023): 579–85. http://dx.doi.org/10.54097/ehss.v23i.13120.

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Hong Kong and Taiwan are part of China and are similar in politics, economy, culture, etc. But in response to the two oil shocks in the 1970s, the two places showed different patterns of economic decline. Taiwan's economy reacted quickly to the oil shock, but the decline was more moderate, while Hong Kong's recession tended to lag global crises, but the reduction was more significant. From the perspective of industrial structure, this paper analyzes the differences in development strategies and industrial structure before the first oil strike and between them through case comparison. This pape
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Zong, Z., K. Y. Lam, and G. R. Liu. "Probabilistic Risk Prediction of Submarine Pipelines Subjected to Underwater Explosion Shock." Journal of Offshore Mechanics and Arctic Engineering 121, no. 4 (1999): 251–54. http://dx.doi.org/10.1115/1.2829575.

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A simple procedure is proposed in this paper to estimate the global failure probabilities of a submarine oil pipeline subjected to underwater explosion shock wave. The deterministic response of a pipeline subjected to an underwater shock loading is first given by solving a simplified fluid-structure interaction problem. Compared with an FEM/BEM coupling model, the present method gives good results at much lower computational efforts. Then, the Monte Carlo method is used to find the global failure probabilities of the pipeline. Finally, a practical example is given.
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47

Ali, Nazar, and Ashok Mittal. "Nexus between Exchange Rate Volatility and Oil Price Fluctuations: Evidence from India." Saudi Journal of Economics and Finance 7, no. 03 (2023): 135–46. http://dx.doi.org/10.36348/sjef.2023.v07i03.003.

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The price of crude oil has fluctuated in India over the past few decades which has drawn significant attention because of it impact on all economic sectors. The present study aims to identify how oil price volatility affects the real exchange rate in India from 1st July 2009 to 2nd January 2020. For short-run and long-run analysis, various econometric methods have been applied, including Granger Causality, ARDL Bound test, FEVD, and IRF. The study divided the entire sample into sub-samples based on Breakpoint analysis and then performed the ARDL Bound testing procedure in each sub-sample. Caus
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Han, Y.-M., M.-S. Seong, S.-B. Choi, and N. M. Wereley. "Damping force characteristics of electrorheological shock absorbers with different electrode designs." Proceedings of the Institution of Mechanical Engineers, Part C: Journal of Mechanical Engineering Science 224, no. 2 (2010): 293–304. http://dx.doi.org/10.1243/09544062jmes1665.

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This article presents the effect of electrode design parameters on the damping force of an electrorheological (ER) shock absorber for passenger vehicles. As a first step, an ER fluid is synthesized by dispersing arabic gum particles into non-conducting oil, and its field-dependent Bingham characteristics are experimentally evaluated. The Bingham model of the ER fluid is then formulated and incorporated with the governing equations of motion of the ER shock absorber. Subsequently, several ER shock absorbers are designed and manufactured with various electrode designs, which have three different
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Hodula, Martin, and Bohdan Vahalík. "Effects of oil shocks on EMU exports: technological level differences." Review of Economic Perspectives 17, no. 4 (2017): 399–423. http://dx.doi.org/10.1515/revecp-2017-0021.

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Abstract This article provides some new empirical perspectives on the relationship between oil-market fluctuations and technological structure of EMU export. We rely on a time-varying parameter VAR model to capture the reaction of different technological structures of EMU export to various oil-market innovations in the period 2002-2015. Our results can be summarized as follows: (1) increase in crude oil production is likely to reduce oil prices and therefore increases all EMU exports due to lower production and transportation costs; (2) increase in global demand is more likely to be transmitte
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Eskafi, Mohammad Reza, Mohammad Ali Afshar Kazemi, and Koros Nikofer. "Validation of the Results of the Fuzzy Control Systems Method in Optimizing the Dynamic Behavior of Viscoelastic Dampers." Dynamic Management in Business Analysis 2, no. 4 (2024): 128–43. http://dx.doi.org/10.61838/dmbaj.2.4.10.

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The use of shock absorbers in various industries in order to reduce the fluctuations of equipment and air from premature depreciation and increase the useful life of parts has a special feature. In this research, the design and construction of the hydraulic shock absorber and the analysis of the characteristics and components of the parts and the impact of the working fluid used in the shock absorber have been discussed. In common shock absorbers used in the industry, hydraulic oil with a constant viscosity (Newtonian fluid) is used, and in this condition, due to the constant viscosity of the
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