Energy prices and geopolitical tensions ; Τιμές ενέργειας και γεωπολιτικές εντάσεις

Energy and geopolitics have always affected one another. This dissertation investigates the timevarying impact of geopolitical instability on the volatility of three of the most consumed energy commodities using monthly data spanning from July 1988 to June 2022. The employed dataset includes the prices of Brent Oil, Dutch TTF and Electricity Day Ahead Prices for Greece for the period December 2014 to June 2022, as well as the global Geopolitical Risk Index. Using a rolling window estimation, initially, the impact of geopolitical risk on the volatility of energy prices is examined, and subseque... Mehr ...