Student or educator? Sign up with your school email and get 6 months of Pro free.
CoChat
Sign Up
Cited by 448

The DOI matches its Crossref record; 49 of the 49 references it cites were found in a registry or an index.

The Macroeconomic Effects of Oil Supply News: Evidence from OPEC Announcements

Känzig, Diego R.·2021·American Economic Review
DOI 10.1257/aer.20190964
Open this paper in CoChat — free account

Abstract

This paper studies how changes in oil supply expectations affect the oil price and the macroeconomy. Using a novel identification design, exploiting institutional features of OPEC and high-frequency data, I identify an oil supply news shock. These shocks have statistically and economically significant effects. Negative news leads to an immediate increase in oil prices, a gradual fall in oil production, and an increase in inventories. This has consequences for the US economy: activity falls, prices and inflation expectations rise, and the dollar depreciates, providing evidence for a strong channel operating through supply expectations. (JEL E31, E32, F31, Q35, Q38, Q43)

Overview

The claims and statistics of this paper haven’t been checked yet.

Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.

A few free checks a day · papers already verified open instantly · results are public

Integrity signals

Registry

Crossref · 10.1257/aer.20190964

Cites

49 of 49 references verified0 citation errors · 0 not checkable

Statistics

Verification

Claims the paper makes

The claims and statistics of this paper haven’t been checked yet.

Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.

A few free checks a day · papers already verified open instantly · results are public

Self-check

Percentages, sums and reported differences re-computed from the paper’s own numbers.

The self-check needs the paper’s full text.

Citations

Cites

Show all 49 references

Cited by

See all 448

Metadata

Authors
Känzig, D. R.
Venue
American Economic Review
Publisher
American Economic Association
Published
2021-04-01
Volume
111
Issue
4
Pages
1092-1125
ISSN
0002-8282 (ISSN-L)
DOI
10.1257/aer.20190964
OpenAlex
W3135463143
Cited by
448
References
49
FWCI
40.09
Type
journal article
Language
en
Open access
closed

About these checks

Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.

Statistics and arithmetic are recomputed, not judged.

Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.

What counts as a claim ›How we measure confidence ›How we check this ›

Are you an author, or do you see a problem with this page? Request a review

How to cite

Cite CoChat for the checks on this page, and the paper for its own findings.

This page
CoChat. (2026). Citation check: The Macroeconomic Effects of Oil Supply News: Evidence from OPEC Announcements. https://app.cochat.ai/papers/10.1257/aer.20190964
The paper
Känzig, D. R. (2021). The Macroeconomic Effects of Oil Supply News: Evidence from OPEC Announcements. American Economic Review. https://doi.org/10.1257/aer.20190964

Data sources

Bibliographic data: Semantic Scholar, OpenAlex, Crossref.

Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.