The relationship between oil prices and exchange rates: Revisiting theory and evidence

J Beckmann, RL Czudaj, V Arora - Energy Economics, 2020 - Elsevier
This paper reviews existing theoretical and empirical research on the relationship between
oil prices and exchange rates. We start with theoretical transmission channels—which point …

How COVID-19 drives connectedness among commodity and financial markets: Evidence from TVP-VAR and causality-in-quantiles techniques

OB Adekoya, JA Oliyide - Resources Policy, 2021 - Elsevier
With many commodity and financial markets reportedly experiencing poor performances
during this COVID-19 pandemic, this study intends to examine the effect of the pandemic on …

Energy for economic growth, industrialization, environment and natural resources: living with just enough

SR Mudakkar, K Zaman, MM Khan, M Ahmad - Renewable and Sustainable …, 2013 - Elsevier
This study investigates the causal relationship between energy consumption (ie, nuclear
energy consumption, electricity power consumption and fossil fuels energy consumption) …

The impact of oil shocks on exchange rates: A Markov-switching approach

SA Basher, AA Haug, P Sadorsky - Energy Economics, 2016 - Elsevier
This paper uses Markov-switching models to investigate the impact of oil shocks on real
exchange rates for a sample of oil exporting and oil importing countries. This is an important …

Does the US economic policy uncertainty connect financial markets? Evidence from oil and commodity currencies

CT Albulescu, R Demirer, ID Raheem, AK Tiwari - Energy Economics, 2019 - Elsevier
We provide novel insight to the emerging literature on the role of US monetary policy as a
driver of a global financial cycle by examining the possible causal effect of US economic …

Crude oil prices and exchange rates: Causality, variance decomposition and impulse response

T Brahmasrene, JC Huang, Y Sissoko - Energy Economics, 2014 - Elsevier
This paper examines the short-run and long-run dynamic relationship between the US
imported crude oil prices and exchange rates. The monthly data of the US crude oil imports …

Modeling nonlinear Granger causality between the oil price and US dollar: A wavelet based approach

F Benhmad - Economic modelling, 2012 - Elsevier
In this paper, we use a wavelet approach to study the linear and nonlinear Granger causality
between the real oil price and the real effective US Dollar exchange rate. Instead of …

Oil price and exchange rates: A wavelet based analysis for India

AK Tiwari, AB Dar, N Bhanja - Economic Modelling, 2013 - Elsevier
In this paper, we explore linear and nonlinear Granger causalities between oil price and the
real effective exchange rate of the Indian currency, known as 'rupee'. First, we apply the …

How geopolitical risk drives exchange rate and oil prices? A wavelet-based analysis

W Duan, A Khurshid, A Rauf, K Khan… - Energy Sources, Part B …, 2021 - Taylor & Francis
Venezuela's oil-dependent economy is severely affected by geopolitical instability, causing
hyperinflation and devaluation of the national currency. Therefore, this study intends to …

Oil price and US dollar exchange rate: Change detection of bi-directional causal impact

CT Albulescu, AN Ajmi - Energy Economics, 2021 - Elsevier
The purpose of the paper is to detect the changes in the causal relationship between
international oil prices and the US dollar real effective exchange rate, using the Shi et al …