美国气候政策不确定性与全球外汇市场之间的动态溢出效应:原油价格的传递效应。

IF 1.8 Q2 GEOGRAPHY

Letters in Spatial and Resource Sciences Pub Date : 2022-01-01 Epub Date: 2022-09-12 DOI:10.1007/s12076-022-00318-4

Xin Li

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引用次数: 2

摘要

本研究旨在利用DCC-GARCH连通性方法，探讨美国气候政策不确定性(U.S. CPU)冲击对原油价格和汇率的时变溢出效应。结果表明，美国中央银行是最大的净变送者，其次是原油价格。我们的研究结果还表明，意大利货币是主要的净接受者，并进一步揭示了原油价格在美国中央处理器和汇率之间的传递效应。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

Dynamic spillovers between U.S. climate policy uncertainty and global foreign exchange markets: the pass-through effect of crude oil prices.

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Dynamic spillovers between U.S. climate policy uncertainty and global foreign exchange markets: the pass-through effect of crude oil prices.

This study aims to investigate the time-varying spillover effects of the U.S. climate policy uncertainty (U.S. CPU) shock on crude oil prices and exchange rates by utilizing the DCC-GARCH connectedness approach. The results show that U.S.CPU is the largest net transmitter, followed by the crude oil price. Our outcomes also indicate that the Italian currency is the main net recipient and further reveal the pass-through effect of crude oil prices between U.S. CPU and exchange rates.

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来源期刊

Letters in Spatial and Resource Sciences GEOGRAPHY-

CiteScore

2.30

自引率

11.10%

发文量

期刊介绍： Letters in Spatial and Resource Sciences (LSRS) publishes high-quality, shorter papers on new theoretical or empirical results and on models and methods in the social sciences that contain a spatial dimension. Coverage includes environmental and resource economics, regional and urban economics, spatial econometrics, regional science, geography, demography, agricultural economics, GIS and city and regional planning. Examples of topics include, but are not limited to, environmental damage, urbanization, resource allocation, spatial-temporal data use, regional economic development and the application of existing and new methodologies.LSRS contributes to the communication of theories and methodologies across disciplinary borders. It offers quick dissemination and easy accessibility of new results. Officially cited as: Lett Spat Resour Sci