Abstract: The economic implications of oil price shocks have been extensively studied since the 1970s. Despite this huge literature, no dynamic stochastic general equilibrium model was available that captures two well-known stylized facts: (1) the stagflationary impact of an oil price shock, together with (2) the influence of the energy […]

EP – The Effects of Oil Price Shocks in a ...


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Abstract: We explore the returns of the frozen concentrated orange juice (FCOJ) future prices and the dependency with the temperature variation in the city where the exchanged is based (New York) . Intuitively, one could consider that when temperatures are higher (resp. lower) than the average seasonal temperature, the consumption […]

WP – Influence of Weather Variability on Orange Juice Prices