Research on the time-varying spillover effect of international crude oil price on China’s exchange rate
Based on the TVP-SV-VAR model, we study the dynamic spillover effect of crude oil price variation on China’s real effective exchange rate (REER) by introducing the economic policy uncertainty (EPU) and adopting monthly data from January 1995 to September 2021. Oil price fluctuations and EPU are corr...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2022-09-01
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| Series: | Energy Reports |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2352484722006278 |