Climate Policy Uncertainty and Real Crude Oil Prices: Asymmetric Evidence From the Fourier Causality Approach
This paper is the first to investigate asymmetric causality between climate policy uncertainty ( CPU ) and real crude oil prices ( RCOILP ) by employing the Fourier-Granger causality framework and monthly data from April 1987 to April 2023. Our findings suggest that positive and negative changes in CPU spike crude oil prices.
Authors
- Selçuk Akçay (ORCID: https://orcid.org/0000-0002-5255-9653)
Institutions
- Afyon Kocatepe University (TR)
Publication Details
- Journal
- Energy RESEARCH LETTERS
- Published
- 2024-11-28
- DOI
- https://doi.org/10.46557/001c.123841
- Citations
- 1
- Primary Topic
- Market Dynamics and Volatility
- Type
- article
- Field-Weighted Citation Impact
- 1.13