An Empirical Evaluation of Exchange Rates Changes: Economic Implications in Oil-Exporting Countries

نویسندگان

چکیده

برای دانلود باید عضویت طلایی داشته باشید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Stock Prices , Exchange Rates , and Oil : Evidence from Middle East Oil - Exporting Countries

We consider the linkage between stock prices and exchange rates in four Middle East emerging markets. The existing evidence on stock prices and exchange rates typically relies on introduction of a global market index. On the contrary, we find that for the countries of our sample oil prices emerge as the dominant factor in the above relationship. When we focus on the extended sample we do not de...

متن کامل

Macroeconomic instability versus oil curse: an empirical assessment in oil exporting countries

This paper tests empirically the Dutch disease macroeconomic dynamics in a set of oil exporting countries. Accordingly, this study was put forth to provide an assessment of the Dutch disease symptoms, by focusing on the link between macroeconomic instability indicators and economic growth. To this end, we assess the risk to real exchange rate, government spending and price stability from the oi...

متن کامل

Dating Business Cycle in Oil Exporting Countries

In this paper, we empirically investigate the relationship between oil price changes and output in a group of oil exporting countries. The dynamics of business cycles in Libya, Saudi Arabia, Nigeria, Kuwait, Venezuela and Qatar are modeled by alternative regime switching models. We show that the extension of uni-variate Markov Switching model in order to include oil revenue improves dating busi...

متن کامل

Behavioral changes in the organization of petroleum exporting countries (OPEC) in the crude oil world market

The main aim of this survey is to investigate the evolution of the OPEC mode of behavior and link the evolution to some important events in the (global) crude oil market. The dominant conclusion of this survey confirms that the primary purpose of OPEC has been to coordinate and unify the petroleum policies of its member countries, in order to secure their individual and collective interests. OP...

متن کامل

Exchange Rate Misalignment in Oil Exporting Countries (OPEC): Focusing on Iran

Abstract I n this paper, we investigate the existence and the nature of real exchange rate misalignment in Organization of the Petroleum Exporting Countries (OPEC). To do this we estimated a cross country basic real exchange rate determination model for 1990-2012 and extracted historic trend of misalignment. The results imply that all OPEC countries have had misalignment -...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

ژورنال

عنوان ژورنال: Economic and Regional Studies / Studia Ekonomiczne i Regionalne

سال: 2019

ISSN: 2451-182X

DOI: 10.2478/ers-2019-0011