The Causal Nexus between Oil Prices, Interest Rates, and Unemployment in Norway Using Wavelet Methods

This paper applies wavelet multi-resolution analysis (MRA), combined with two types of causality tests, to investigate causal relationships between three variables: real oil price, real interest rate, and unemployment in Norway. Impulse response functions were also utilised to examine effects of inn...

Full description

Bibliographic Details
Main Authors: Hyunjoo Kim Karlsson, Yushu Li, Ghazi Shukur
Format: Article
Language:English
Published: MDPI AG 2018-08-01
Series:Sustainability
Subjects:
Online Access:http://www.mdpi.com/2071-1050/10/8/2792