Arbeitspapier
Exploring oil price exchange rate nexus for Nigeria
This paper investigates the oil price - exchange rate nexus for Nigeria during the period 2007-2010 using daily data. The generalised autoregressive conditional heteroscedasticity (GARCH) and exponential GARCH (EGARCH) models are employed to examine the impact of oil price changes on the nominal exchange rate .The outcome of this research indicates that a rise in oil prices leads to a depreciation of the Nigerian Naira vis-à-vis the US dollar over the study period.
- Sprache
-
Englisch
- Erschienen in
-
Series: FIW Working Paper ; No. 71
- Klassifikation
-
Wirtschaft
Foreign Exchange
Financial Markets and the Macroeconomy
- Thema
-
Exchange rate
oil price
Nigeria
GARCH/EGARCH
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Muhammad, Zahid
Suleiman, Hassan
Kouhy, Reza
- Ereignis
-
Veröffentlichung
- (wer)
-
FIW - Research Centre International Economics
- (wo)
-
Vienna
- (wann)
-
2011
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Muhammad, Zahid
- Suleiman, Hassan
- Kouhy, Reza
- FIW - Research Centre International Economics
Entstanden
- 2011
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