The Links between the Price of Oil and the Value of US Dollar

Yi Zhang

Article Details

The Links between the Price of Oil and the Value of US Dollar

Authors:

Yi Zhang

Publisher:

İlhan ÖZTÜRK

Journal:

International Journal of Energy Economics and Policy 2013 Vol.3 Issue 4, pp.341-351

Document Type:

Article

Publication Date:

11/2013

Document Language:

Turkish

Document ID (Org No.):

2000816796

Frequency:

Bimonthly

eISSN:

2146-4553

Abstract:

 

Using monthly data, this paper studies the cointegration between the real price of oil and the real effective exchange rate of US dollar allowing for structural breaks. Contrary to the conclusion from previous literature, this paper finds that the cointegration between the oil price and the value of US dollar does not significantly exist unless the effects of two structural breaks in the past, November 1986 and February 2005, are controlled for.

Article Details

The Links between the Price of Oil and the Value of US Dollar

Authors: Yi Zhang

Publisher: İlhan ÖZTÜRK

Journal: International Journal of Energy Economics and Policy 2013 Vol.3 Issue 4, pp.341-351

Document Type: Article

Publication Date: 11/2013

Document Language: Turkish

Document ID (Org No.): 2000816796

Frequency: Bimonthly

eISSN: 2146-4553

Issues

Authors:

Yi Zhang

Publisher:

İlhan ÖZTÜRK

Journal:

International Journal of Energy Economics and Policy 2013 Vol.3 Issue 4, pp.341-351

Document Type:

Article

Publication Date:

11/2013

Document Language:

Turkish

Document ID (Org No.):

2000816796

Frequency:

Bimonthly

eISSN:

2146-4553