Series: IMF Working Papers
Author(s): Reinout De Bock , and Jose Gijon
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 June 2011
Keywords: Gas exporters, Energy economics, Vector autoregressions, gas prices, oil prices, gas exports, gas price, Multiple or Simultaneous Equation Models: Time-Series Models, International Finance Forecasting and Simulation, Open Economy Macroeconomics
We show that US natural gas prices have decoupled from oil prices following substantial institutional and technological changes. We then examine how this interrelationship has evolved in Europe using data for Alger...