Research Activities
Research Projects
Development and Applications of World Crude Oil Model（2020_2_40_022）
Outline
Since the beginning of 2000, due to the development of the crude oil futures market and the change in the composition of market participants, the price of crude oil has further become a financial asset. The link between oil and other assets has been intensified.
This project aims to develop an empirical model that interlinks multi-country economic models with the world crude oil market and financial market?this enables us to clarify the effect of economic spillovers between energy markets and the macro economy via financial markets. This approach could provide wider perspectives toward contributing to an evaluation of an economic policy that can lead to the achievement of sustainable economic growth.
Period
April 2020 - March 2022
Leader of the Research Project
Publications
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