The Theory demonstrates that oil price and volatility (OVX) are significant determinants of economic activity; however, studies seldom consider both variables in the oil–exchange rate nexus ignore distributional heterogeneity exchange rate. We investigate their joint effect employ quantile regression Markov switching models to address this. differentiate between positive/negative shocks control...

There are different channels through which variations in international crude oil prices translate into changes net-oil exporting countries' domestic prices. This article identifies two of these causal mechanisms, namely the pass-through effect and Dutch disease effect. It intends to disentangle effects five producers Central African Economic Monetary Community: Cameroon, Republic Congo, Chad, E...

From perspective of energy security, this study focuses on oil-importing optimal decision based on multi-objective programming approach. Different from other models, country risk is considered as the main objective to minimize risk exposure of importing disruption. What is more, this model connects emergency management with programming, and optimal decisions are solved under different scenarios...

The recent development of the telecommunication industries that form the " info structure " environment has enhanced economic activity through improved information technology (IT). IT could enlarge the volume of information flow, which accelerates productivity, but its impact on international trade has not been tested. The main objective of this thesis is to estimate the relationship between te...

In this paper we investigate the effect of oil price shocks on stock market index in Iran, by using of a structural VAR (SVAR) approach. We used four variables in the model namely Kilian index, global oil supply, real oil price and real stock market index. The data are monthly and spanning the period 1997M10-2014M12. We identify the effect of four different shocks on stock market including oil ...