{"cited_by_count":789660,"description":"This cluster of papers focuses on the impact of oil price shocks on the global economy, including the stock market, volatility spillovers, commodity markets, and the macroeconomic effects of economic policy uncertainty. It explores the role of financialization, speculation, and monetary policy in shaping the response to oil price fluctuations.","display_name":"Market Dynamics and Volatility","domain_id":"2","external_ids":{"openalex":"https://openalex.org/T11059","wikipedia":"https://en.wikipedia.org/wiki/Oil_price_shocks"},"field_id":"20","id":"T11059","keywords":[{"display_name":"oil prices","id":"oil-prices","score":0.4344,"url":"https://openalex.org/keywords/oil-prices"},{"display_name":"oil price shocks","id":"oil-price-shocks","score":0.5741,"url":"https://openalex.org/keywords/oil-price-shocks"},{"display_name":"commodity prices","id":"commodity-prices","score":0.2427,"url":"https://openalex.org/keywords/commodity-prices"},{"display_name":"gold prices","id":"gold-prices","score":0.5463,"url":"https://openalex.org/keywords/gold-prices"},{"display_name":"oil price volatility","id":"oil-price-volatility","score":0.5404,"url":"https://openalex.org/keywords/oil-price-volatility"},{"display_name":"oil market","id":"oil-market","score":0.485,"url":"https://openalex.org/keywords/oil-market"},{"display_name":"commodity markets","id":"commodity-markets","score":0.2659,"url":"https://openalex.org/keywords/commodity-markets"},{"display_name":"precious metals","id":"precious-metals","score":0.2128,"url":"https://openalex.org/keywords/precious-metals"},{"display_name":"volatility spillovers","id":"volatility-spillovers","score":0.2481,"url":"https://openalex.org/keywords/volatility-spillovers"},{"display_name":"economic policy uncertainty","id":"economic-policy-uncertainty","score":0.4157,"url":"https://openalex.org/keywords/economic-policy-uncertainty"},{"display_name":"geopolitical risk","id":"geopolitical-risk","score":0.2366,"url":"https://openalex.org/keywords/geopolitical-risk"},{"display_name":"oil-exporting countries","id":"oil-exporting-countries","score":0.2688,"url":"https://openalex.org/keywords/oil-exporting-countries"},{"display_name":"gold market","id":"gold-market","score":0.5996,"url":"https://openalex.org/keywords/gold-market"},{"display_name":"commodity futures","id":"commodity-futures","score":0.254,"url":"https://openalex.org/keywords/commodity-futures"},{"display_name":"Brent crude oil","id":"brent-crude-oil","score":0.6603,"url":"https://openalex.org/keywords/brent-crude-oil"},{"display_name":"OPEC","id":"opec","score":0.2589,"url":"https://openalex.org/keywords/opec"},{"display_name":"oil price forecasting","id":"oil-price-forecasting","score":0.5747,"url":"https://openalex.org/keywords/oil-price-forecasting"},{"display_name":"crude oil futures","id":"crude-oil-futures","score":0.6451,"url":"https://openalex.org/keywords/crude-oil-futures"},{"display_name":"natural gas prices","id":"natural-gas-prices","score":0.2284,"url":"https://openalex.org/keywords/natural-gas-prices"},{"display_name":"world oil prices","id":"international-oil-prices","score":0.5553,"url":"https://openalex.org/keywords/international-oil-prices"},{"display_name":"asymmetric effects","id":"asymmetric-effects","score":0.2003,"url":"https://openalex.org/keywords/asymmetric-effects"},{"display_name":"oil demand","id":"oil-demand","score":0.3402,"url":"https://openalex.org/keywords/oil-demand"},{"display_name":"WTI crude oil","id":"wti-crude-oil","score":0.649,"url":"https://openalex.org/keywords/wti-crude-oil"},{"display_name":"gasoline prices","id":"gasoline-prices","score":0.2147,"url":"https://openalex.org/keywords/gasoline-prices"},{"display_name":"safe-haven assets","id":"safe-haven-assets","score":0.5258,"url":"https://openalex.org/keywords/safe-haven-assets"}],"legacy_keywords":["Oil Price Shocks","Economic Policy Uncertainty","Stock Market","Volatility Spillovers","Commodity Markets","Macroeconomic Effects","Financialization","Speculation","Global Economy","Monetary Policy"],"openalex_id":"https://openalex.org/T11059","source_created_date":"2024-01-23T15:27:09","source_updated_date":"2026-10-17T03:02:00","subfield_id":"2002","url":"/topics/T11059","works_api_url":"https://api.openalex.org/works?filter=topics.id:T11059","works_count":90408,"label":"Market Dynamics and Volatility","provider":"openalex","revision":"3e941991733b63f8","taxonomy_revision":"f050b5d4780b1289","title":"Market Dynamics and Volatility","kind":"topic-directory","aeo_cohort":"topic-directory","catalogue_revision":"f050b5d4780b1289","numeric_address":"36174809877316312","address_version":"morton4x16-v1","coordinates":[2,20,2002,11059],"answer_status":"Directory metadata; local answer requires separate source review","truth_status":"Subject descriptor, not a factual answer or a demonstrated knowledge gap","reviewed_answer":null}