Veranstaltung
15
Jun 2020

14:15 - 15:45
IWH Research Seminar

Virtual Lecture: Energy Markets and Global Economic Conditions

Who
Christiane Baumeister  (University of Notre Dame)
Where
via Zoom
Christiane Baumeister

Personal details

Christiane Baumeister is the Robert and Irene Bozzone Associate Professor of Economics at the University of Notre Dame.

This paper evaluates alternative indicators of global economic activity and other market fundamentals in terms of their usefulness for forecasting real oil prices and global petroleum consumption. We find that world industrial production is one of the most useful indicators that has been proposed in the literature. However, by combining measures from a number of different sources we can do even better. Our analysis results in a new index of global economic conditions and new measures for assessing future tightness of energy demand and expected oil price pressures.

Whom to contact

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