I discuss the short-run dynamics of commodity prices, production, and inventories, as well as the sources and effects of market volatility. I explain how prices, rates of production, ana’ inventory levels are interrelated, and are determined via equilibrium in two interconnected markets: a cash market for spot purchases and sales of the commodity, and a market for storage. I show how equilibriu...

This paper investigates the relation between aggregate investment and oil volatility and its permanent and transitory components for a developing country, Malaysia. In the paper, the components generalized autoregressive conditional heteroskedasticity (CGARCH) model is utilized to decompose conditional oil volatility into permanent oil volatility and transitory oil volatility. Respectively refl...

The government of Tanzania has persistently experienced uneven growth rate Gross Domestic Product (GDP) and failed to attain the national target. This research study intended examine impact oil price volatility on inflation economic in Tanzania. Specifically, analysed causal relationship between Oil Price Volatility, employed secondary data modelling time series was done by using Auto regressiv...