The Oil Price and Exchange Rate Relationship Revisited: A time-varying VAR parameter approach
The aim of this paper is to study the relationship between the effective exchange rate of the dollar and the oil price dynamics from 1976 to 2013. We explore the links between financial factors (exchange rate, monetary policy, international liquidity) and the oil price volatility. Using a Bayesian t...
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Università Carlo Cattaneo LIUC
2016-07-01
|
| Series: | The European Journal of Comparative Economics |
| Subjects: | |
| Online Access: | http://eaces.liuc.it/18242979201601/182429792016130106.pdf |