非商业交易商活动与现货价格之间的溢出效应?原油市场金融化机制分析

IF 9 1区经济学 Q1 BUSINESS, FINANCE

China Finance Review International Pub Date : 2023-01-11 DOI:10.1108/cfri-07-2022-0110

A. Focacci

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引用次数: 3

摘要

目的分析金融化对油价的影响。设计/方法论/方法本研究采用了Bai和Perron检验加VAR方法的多断点分析技术。调查结果显示，这对油价没有影响。原创性/价值据作者所知，这是第一篇将多断点分析与VAR相结合的论文。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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Spillovers between non-commercial traders’ activity and spot prices? Analysis of the financialization mechanism in the crude oil market

PurposeThe purpose of this stud is to analyze the financialization effect on oil prices.Design/methodology/approachThis study applied the technique of multibreak point analysis with Bai and Perron test plus VAR methodology.FindingsFindings revealed that there was no effect on oil prices.Originality/valueTo the best of the author’s knowledge, this is the first paper combining the multibreakpoint analysis with VAR for the period analyzed in the present work.

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来源期刊

China Finance Review International BUSINESS, FINANCE-

CiteScore

12.40

自引率

1.20%

发文量

112

期刊介绍： China Finance Review International publishes original and high-quality theoretical and empirical articles focusing on financial and economic issues arising from China's reform, opening-up, economic development, and system transformation. The journal serves as a platform for exchange between Chinese finance scholars and international financial economists, covering a wide range of topics including monetary policy, banking, international trade and finance, corporate finance, asset pricing, market microstructure, corporate governance, incentive studies, fiscal policy, public management, and state-owned enterprise reform.