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...

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Bibliographic Details
Main Authors: Shahram Molavi Bisetoni, Kiamars Fathi Hafshejani, Aboutorab Alirezaei, Ghanbar Abbaspour Esfadan
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