Asymmetric effects of oil price shocks on Asian economies: a nonlinear analysis

2018 ◽  
Vol 57 (4) ◽  
pp. 1319-1350 ◽  
Author(s):  
Muhammad Arshad Khan ◽  
Muhammad Iftikhar Ul Husnain ◽  
Qaisar Abbas ◽  
Syed Zulfiqar Ali Shah
Keyword(s):  
Nonlinear Analysis ◽  
Oil Price ◽  
Oil Price Shocks ◽  
Price Shocks ◽  
Asymmetric Effects ◽  
Asian Economies

Macroeconomic impacts of oil price shocks in Asian economies

Energy Policy ◽  
2015 ◽  
Vol 86 ◽  
pp. 867-879 ◽  
Author(s):  
Juncal Cunado ◽  
Soojin Jo ◽  
Fernando Perez de Gracia
Keyword(s):  
Oil Price ◽  
Oil Price Shocks ◽  
Price Shocks ◽  
Asian Economies ◽  
Macroeconomic Impacts

Asymmetric impact of oil price shocks on selected macroeconomic variables: NARDL exposition

2020 ◽  
pp. 171-189
Author(s):  
Omoke Philip Chimobi ◽  
Uche Emmanuel
Keyword(s):  
Time Series ◽  
Time Series Data ◽  
Oil Prices ◽  
Oil Price ◽  
Series Data ◽  
Oil Price Shocks ◽  
Price Shocks ◽  
Macroeconomic Variables ◽  
Asymmetric Effects ◽  
Asymmetric Impact

The preoccupation of this study is to give empirical explanations to the existing relationship between oil price dynamics and some selected macroeconomic variables in Nigeria. Specifical-ly, it seeks to identify if the impacts of the changing oil prices on output, investment and un-employment is symmetric or asymmetric. Monthly time series data used in the research was subjected to a nonlinear analysis through the newly developed NARDL. To that effect, our findings reveal that changes in oil prices has asymmetric effects on the chosen macroeconomic variables. Our findings call for different policy formulations for up and down swings in oil prices

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