Oil price and inflation in Algeria: A nonlinear ARDL approach

Autor:	Abdalla Sirag, Miloud Lacheheb
Rok vydání:	2019
Předmět:	Inflation Economics and Econometrics 050208 finance media_common.quotation_subject 05 social sciences Nonlinear system Autoregressive model Inflation rate 0502 economics and business Economics Econometrics 050207 economics Oil price Finance media_common
Zdroj:	The Quarterly Review of Economics and Finance. 73:217-222
ISSN:	1062-9769
DOI:	10.1016/j.qref.2018.12.003
Popis:	This study examined the relationship between oil price changes and inflation rate in Algeria from 1970–2014. The study method was able to capture asymmetries in the relationship between oil price and inflation, known as nonlinear autoregressive distributed lags (NARDL). The estimated model revealed the existence of a nonlinear effect of oil price on inflation. Specifically, we found a significant relation between oil price increases and inflation rate; whereas, a significant relation between oil price reduction and inflation was absent.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::7ae31ba44a99de902ebcfcb9592d33df https://doi.org/10.1016/j.qref.2018.12.003 Zobrazit plný text záznamu Full Text from ScienceDirect