Declaration In accordance with the Regulations for Higher Degrees by Research, I hereby declare that the whole thesis now submitted for the candidature of Doctor of Philosophy is a result of my own research and independent work except where reference is made to published literature. I also hereby certify that the work embodied in this thesis has not already been submitted in any substance for a...

This paper examines the dynamic effects of oil price shocks in addition to the aggregate supply and demand shocks on macroeconomic fluctuations in four sample economies: Indonesia, Malaysia, Pakistan and Thailand. We aim to discover whether oil price shocks play a crucial role in explaining output and domestic price fluctuation in small emerging economies after 1990s. We are also keen to assess...

This study explores the relationship between energy and food nutrition prices through calorie, fat, protein, crude oil price links in case of eight net importing (U.S., Korea, China, Japan) exporting (Canada, Saudi Arabia, United Arab Emirate, Iran) countries. For this purpose, we use a Panel-VAR model with data for 1974–2018 period. The results show that effects shocks on are different two gro...

Oil price shocks are the major source of economic instability in oil exporting developing countries, including Iran. In this paper a Multi Sector Dynamic Stochastic General Equilibrium model, with emphasis on optimization of oil sector as a producing sector is designed. Furthermore, an optimizing import sector is introduced into the model by considering the price rigidity in imported goods as a...

Introduction. This paper aims to assess time variability of beta coefficients (systematic risk) Capital Asset Pricing Model (CAPM) using data from five key sectors in Saudi Arabia and Kuwait stock markets. Material methods. To – varying systematic risk we employed symmetric as well asymmetric conditional volatility specifications account for skewness leptkurtosis high frequency financial series...