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http://bura.brunel.ac.uk/handle/2438/29136Full metadata record
| DC Field | Value | Language |
|---|---|---|
| dc.contributor.author | Drossidis, T | - |
| dc.contributor.author | Mumtaz, H | - |
| dc.contributor.author | Theophilopoulou, A | - |
| dc.date.accessioned | 2024-06-06T15:17:31Z | - |
| dc.date.available | 2024-06-06T15:17:31Z | - |
| dc.date.issued | 2024-05-31 | - |
| dc.identifier | ORCiD: Theo Drossidis https://orcid.org/0000-0002-7324-292X | - |
| dc.identifier | ORCiD: Haroon Mumtaz https://orcid.org/0000-0002-4761-7767 | - |
| dc.identifier | ORCiD: Angeliki Theophilopoulou https://orcid.org/0000-0001-5828-928X | - |
| dc.identifier | 111769 | - |
| dc.identifier.citation | Drossidis, T., Mumtaz, H. and Theophilopoulou, A. (2024) 'The distributional effects of oil supply news shocks', Economics Letters, 240, 111769, pp. 1 - 5. doi: 10.1016/j.econlet.2024.111769. | en_US |
| dc.identifier.issn | 0165-1765 | - |
| dc.identifier.uri | https://bura.brunel.ac.uk/handle/2438/29136 | - |
| dc.description | Data availability: Data will be made available on request. | en_US |
| dc.description | JEL classification: C32; E32; Q54. | - |
| dc.description | Supplementary data are available online at: https://www.sciencedirect.com/science/article/pii/S0165176524002532#appSB. | - |
| dc.description.abstract | This paper uses high frequency data on the distribution of US income to investigate the heterogeneous effects of oil supply news shocks. Using a FAVAR with an external instrument, We show that these shocks have large negative effects on the left and right tail of the distribution. For low income individuals, the effect is driven by a decline in wages and proprietor’s income, while a fall in corporate profits and interest income drives the effect for affluent individuals. | en_US |
| dc.format.extent | 1 - 5 | - |
| dc.format.medium | Print-Electronic | - |
| dc.language | en | - |
| dc.language.iso | en_US | en_US |
| dc.publisher | Elsevier | en_US |
| dc.rights | Copyright © 2024 The Author(s). Published by Elsevier B.V. This is an open access article under the CC BY license (https://creativecommons.org/licenses/by/4.0/). | - |
| dc.rights.uri | https://creativecommons.org/licenses/by/4.0/ | - |
| dc.subject | oil shock | en_US |
| dc.subject | income inequality | en_US |
| dc.subject | FAVAR | en_US |
| dc.subject | external instrument identification | en_US |
| dc.title | The distributional effects of oil supply news shocks | en_US |
| dc.type | Article | en_US |
| dc.date.dateAccepted | 2024-05-23 | - |
| dc.identifier.doi | https://doi.org/10.1016/j.econlet.2024.111769 | - |
| dc.relation.isPartOf | Economics Letters | - |
| pubs.publication-status | Published | - |
| pubs.volume | 240 | - |
| dc.identifier.eissn | 1873-7374 | - |
| dc.rights.license | https://creativecommons.org/licenses/by/4.0/legalcode.en | - |
| dc.rights.holder | The Author(s) | - |
| Appears in Collections: | Dept of Economics and Finance Research Papers | |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| FullText.pdf | Copyright © 2024 The Author(s). Published by Elsevier B.V. This is an open access article under the CC BY license (https://creativecommons.org/licenses/by/4.0/). | 1.6 MB | Adobe PDF | View/Open |
This item is licensed under a Creative Commons License
