Tag: Financialization

  • Assessing the Financialization Hypothesis

    By: Bassam Fattouh , Lavan Mahadeva

    The main objectives of this paper are to assess whether financialization can impact oil market behaviour over and above structural fundamental changes, and whether these changes affect final consumers’ welfare.  While shifts arising in financial investors’ preferences and wealth can explain the rise in participation of purely financial investors, they fail to explain key features […]

  • The Financialization of Oil Markets: Potential Impacts and Evidence

    By: Bassam Fattouh

    The financialization of oil futures markets has been held responsible for a variety of phenomena including changes in price volatility, increased co-movement between oil futures prices and other financial asset and commodity prices, a breakdown of the statistical relationship between oil inventories and the price of oil, and an increased influence of the decisions of […]