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180603s2016 xx |||||o 00| ||eng c |
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|a 10.1016/j.jpolmod.2015.11.001
|2 doi
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|a Pershin, Vitaly
|e verfasserin
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|a Exploring the oil prices and exchange rates nexus in some African economies
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|c 2016transfer abstract
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|a This paper investigates the relationship between oil prices and exchange rates in three African countries using a Vector AutoRegressive (VAR) model. We use daily data on nominal exchange rates, oil prices and short term interbank interest rates from 01/12/2003 to 02/07/2014. The results suggest that the exchange rate of the three selected countries behavior is different in the event of an oil price shock, not only before and after the oil peak of July of 2008, but also between each other. Therefore, no general rule can be made for net oil importing sub-Saharan countries, such as Botswana, Kenya and Tanzania. We conclude that after an oil price peak, the Botswanan pula clearly appreciates against the US dollar, the Kenyan and Tanzanian shilling.
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|a This paper investigates the relationship between oil prices and exchange rates in three African countries using a Vector AutoRegressive (VAR) model. We use daily data on nominal exchange rates, oil prices and short term interbank interest rates from 01/12/2003 to 02/07/2014. The results suggest that the exchange rate of the three selected countries behavior is different in the event of an oil price shock, not only before and after the oil peak of July of 2008, but also between each other. Therefore, no general rule can be made for net oil importing sub-Saharan countries, such as Botswana, Kenya and Tanzania. We conclude that after an oil price peak, the Botswanan pula clearly appreciates against the US dollar, the Kenyan and Tanzanian shilling.
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|a Q43
|2 Elsevier
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|a F41
|2 Elsevier
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|a F31
|2 Elsevier
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|a Molero, Juan Carlos
|4 oth
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|a de Gracia, Fernando Perez
|4 oth
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773 |
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|i Enthalten in
|n Elsevier
|a Lupberger, J. ELSEVIER
|t 369 EGFR SIGNALING IMPAIRS THE ANTIVIRAL ACTIVITY OF INTERFERON-ALPHA
|d 2013
|d JPMOD : a social science forum of world issues
|g Amsterdam [u.a.]
|w (DE-627)ELV016667247
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|g volume:38
|g year:2016
|g number:1
|g pages:166-180
|g extent:15
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|u https://doi.org/10.1016/j.jpolmod.2015.11.001
|3 Volltext
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|a 44.44
|j Parasitologie
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