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.

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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
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article

Climate Policy Uncertainty and Real Crude Oil Prices: Asymmetric Evidence From the Fourier Causality Approach

Selçuk Akçay
1 citations
Energy RESEARCH LETTERS
Market Dynamics and Volatility
1.13
article

Climate Policy Uncertainty and Real Crude Oil Prices: Asymmetric Evidence From the Fourier Causality Approach

Selçuk Akçay
article en
1 citations

Abstract

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.

Energy RESEARCH LETTERSVol. 6(3)
Afyon Kocatepe University (TR)
Climate action
Openalex Percentile: Top 11%
Market Dynamics and Volatility
1.13
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Climate Policy Uncertainty and Real Crude Oil Prices: Asymmetric Evidence From the Fourier Causality Approach — Selçuk Akçay · Energy RESEARCH LETTERS (2024) | TGRS Research Map | TGRS