• New Kid on the Block? China vs the US in World Oil Markets 

      Cross, Jamie; Nguyen, Bao H.; Zhang, Bo (CAMP Working Paper Series;02/2019, Working paper, 2019-04-08)
      China has recently overtaken the US to become the world largest importer of crude oil. In light of this fact, we formally compare contributions of demand shocks from China, the US and the rest of the world. We find that ...
    • On the China factor in international oil markets: A regime switching approach 

      Cross, Jamie L.; Hou, Chenghan; Nguyen, Bao H. (CAMP Working Paper Series Paper;11/2018, Working paper, 2018)
      We investigate the relationship between world oil markets and China's macroeconomic performance over the past two decades. Our analysis starts by proposing a simple method for disentangling real economic activity stemming ...
    • The Role of Precautionary and Speculative Demand in the Global Market for Crude Oil 

      Cross, Jamie L.; Nguyen, Bao H.; Tran, Trung Duc (CAMP Working Paper Series;06/2021, Working paper, 2021-11-01)
      Contemporary structural models of the global market for crude oil jointly specify precautionary and speculative demand as a composite shock, known as storage demand shocks, due to difficulties in identifying these distinct ...
    • The role of precautionary and speculative demand in the global market for crude oil 

      Cross, Jamie; Nguyen, Bao H.; Tran, Trung Duc (Peer reviewed; Journal article, 2022)
      Contemporary structural models of the global market for crude oil jointly specify precautionary and speculative demand shocks as a composite shock, named a storage demand shock. We resolve this identification problem and ...