Asymmetric Relationship between Exchange Rate Volatility and Oil Price: Case Study of Thai-Baht
This paper aims to investigate asymmetric relationship between exchange rate volatility and oil price using a nonlinear auto-regressive distribution Lag (NARDL) developed by Shin et al. (2014). This technique allow us for estimating asymmetric long-run as well as short-run coefficients in a cointegr...
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| Format: | Article |
| Language: | English |
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EconJournals
2022-01-01
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| Series: | International Journal of Energy Economics and Policy |
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| Online Access: | https://econjournals.com/index.php/ijeep/article/view/11940 |