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• W3119854478 abstract "We develop an air mobility index and use the newly developed Apple's driving trend index to evaluate the impact of COVID-19 on the crude oil price. We use quantile regression and stationary and non-stationary extreme value models to study the impact. We find that both the textit{air mobility index} and textit{driving trend index} significantly influence lower and upper quantiles as well as the median of the WTI crude oil price. The extreme value model suggests that an event like COVID-19 may push oil prices to a negative territory again as the air mobility decreases drastically during such pandemics." @default.
• W3119854478 created "2021-01-18" @default.
• W3119854478 creator A5010291427 @default.
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• W3119854478 date "2021-01-02" @default.
• W3119854478 modified "2023-09-27" @default.
• W3119854478 title "How do mobility restrictions and social distancing during COVID-19 affect the crude oil price?" @default.
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• W3119854478 hasPublicationYear "2021" @default.
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