Tag: Political Relationships

Geopolitical Turning Points and Macroeconomic Volatility: A Bilateral Identification Strategy (Journal of Comparative Economics)

NEW PUBLICATION: I investigate the dynamic causal impact of geopolitical relationships between the US and China, two major players in the oil markets. Following previous work on the…

Illustrating the new IVLPIRF Stata 19’s command

Yesterday, Stata published a spotlight blog on instrumental-variable local projection impulse-response functions built around the ivlpirf command. The point is important. Local projections are already widely used in…

Geopolitical Turning Points and Macroeconomic Volatility: Relevance, Anticipation, and Exclusion (Honey, I think I found an instrument)

An important problem in empirical macroeconomics is that geopolitics can influence economics in the long run. Relations between major powers evolve endogenously with trade, growth, financial conditions, and…

How do political tensions and geopolitical risks impact oil prices? (Energy Economics)

NEW PUBLICATION: This paper assesses the effect of US–China political relationships and geopolitical risks on oil prices. To this end, we consider two quantitative measures, the Political Relationship Index (PRI)…