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...

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Bibliographic Details
Main Authors: Nezir Köse, Sabit Baimaganbetov
Format: Article
Language:English
Published: EconJournals 2015-12-01
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