Exchange Rate Movements and Monetary Policies: Which Has Greater Influence on Petroleum
The primary purpose of this study is twofold: Firstly, using the Markov Regime Switching model throughout December 2008 to February 2020, it investigates and compares the nonlinear impacts of exchange rate movements and monetary policies on Petroleum Stock Index, PSI, in Iran. Accordingly, some cont...
Main Authors: | , , , |
---|---|
Format: | Article |
Language: | English |
Published: |
Iran Finance Association
2021-01-01
|
Series: | Iranian Journal of Finance |
Subjects: | |
Online Access: | https://www.ijfifsa.ir/article_125534_10e2c24a6bf5860d7fdcc24362d92e57.pdf |