Tag: WPM 49

  • 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 […]