The Asymmetric Impact of Oil Price Shocks on Kazakhstan Macroeconomic Dynamics: A Structural Vector Autoregression Approach
This paper assesses empirically the asymmetric effects of real oil price shocks on the industrial production, real exchange rate and inflation in Kazakhstan for the monthly period 2000-2013 by using a Structural VAR model. Structural VAR analysis is carried out using the scaled model. The empirical...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
EconJournals
2015-12-01
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Series: | International Journal of Energy Economics and Policy |
Subjects: | |
Online Access: | https://dergipark.org.tr/tr/pub/ijeeep/issue/31915/351036?publisher=http-www-cag-edu-tr-ilhan-ozturk |