Spekulasi, Speculation, Speculationem
Abstraksi Energy crisis has dampened the world economy especially in developing countries. Real sectors faced the reality of rising fuel price thus increasing production prices that led to inflation. Many researchers investigated the triggers of energy crisis. Many factors arose with the fundamental...
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| Format: | Article |
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[Yogyakarta] : Universitas Gadjah Mada
2008
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| Summary: | Abstraksi
Energy crisis has dampened the world economy especially in developing countries. Real sectors faced the reality of rising fuel price thus increasing production prices that led to inflation. Many researchers investigated the triggers of energy crisis. Many factors arose with the fundamental of demand and supply of oil as the main reason behind the crisis. But the market witnessed extreme changes of oil prices even tough demand and supply factor is not significant to explain those changes in oil prices. Many turned their attention to non-fundamental factor, the so called speculation. Speculation was believed to drive the oil prices to a new
record high. The paper analyzed whether speculation affects the changes
in oil prices.
Keyword: crisis, specu
lation, behavior |
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