{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2026,9,30]],"date-time":"2026-09-30T04:56:35Z","timestamp":1790744195223,"version":"4.1.0"},"reference-count":29,"publisher":"Wiley","license":[{"start":{"date-parts":[[2026,9,29]],"date-time":"2026-09-29T00:00:00Z","timestamp":1790640000000},"content-version":"vor","delay-in-days":0,"URL":"http:\/\/onlinelibrary.wiley.com\/termsAndConditions#vor"},{"start":{"date-parts":[[2026,9,29]],"date-time":"2026-09-29T00:00:00Z","timestamp":1790640000000},"content-version":"tdm","delay-in-days":0,"URL":"http:\/\/doi.wiley.com\/10.1002\/tdm_license_1.1"}],"content-domain":{"domain":["onlinelibrary.wiley.com"],"crossmark-restriction":true},"short-container-title":["J of Applied Econometrics"],"abstract":"<jats:title>ABSTRACT<\/jats:title>\n                  <jats:p>\n                    We replicate a study by K\u00e4nzig (\n                    <jats:italic>American Economic Review<\/jats:italic>\n                    , 111 (2021), 1092\u20131125), who employs structural vector autoregressive techniques to examine the impact of changes in oil supply expectations on the price of oil and other macroeconomic aggregates. K\u00e4nzig identifies an oil supply news shock by constructing a proxy from OPEC announcements about their production plans. As an alternative approach, we use non\u2010Gaussianity and independence to identify structural shocks and find that one of them corresponds closely to K\u00e4nzig's oil supply news shock, implying that the proxy is not necessarily needed to obtain a shock with the same characteristics.\n                  <\/jats:p>","DOI":"10.1002\/jae.70092","type":"journal-article","created":{"date-parts":[[2026,9,30]],"date-time":"2026-09-30T04:16:36Z","timestamp":1790741796000},"update-policy":"https:\/\/doi.org\/10.1002\/crossmark_policy","source":"Crossref","is-referenced-by-count":0,"title":["Revisiting Oil Supply News Shocks: Proxy vs. Non\u2010Gaussian Structural Vector Autoregressions"],"prefix":"10.1002","author":[{"given":"Helmut","family":"L\u00fctkepohl","sequence":"first","affiliation":[{"name":"DIW Berlin and Freie Universit\u00e4t Berlin  Berlin Germany"}],"role":[{"vocabulary":"crossref","role":"author"}]},{"given":"Till","family":"Strohsal","sequence":"additional","affiliation":[{"name":"HWR Berlin and Freie Universit\u00e4t Berlin  Berlin Germany"}],"role":[{"vocabulary":"crossref","role":"author"}]}],"member":"311","published-online":{"date-parts":[[2026,9,29]]},"reference":[{"key":"e_1_2_8_2_1","doi-asserted-by":"crossref","first-page":"422","DOI":"10.1002\/jae.3019","article-title":"Statistically Identified Structural VAR Model With Potentially Skewed and Fat\u2010Tailed Errors","volume":"39","author":"Anttonen J.","year":"2024","journal-title":"Journal of Applied Econometrics"},{"issue":"8","key":"e_1_2_8_3_1","doi-asserted-by":"crossref","first-page":"1742","DOI":"10.1016\/j.jmva.2005.10.005","article-title":"A Multivariate Nonparametric Test of Independence","volume":"97","author":"Bakirov N. 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