期刊名称:Topics in Middle Eastern and North African Economies
出版年度:2016
卷号:18
期号:1
页码:45
出版社:Loyola University Chicago
摘要:This study examined the relationship between oil price changes and inflation rate in Algeria from 1970 – 2014. The study method that able to capture for asymmetries in the relationship between oil price and inflation known as nonlinear autoregressive distributed lags (NARDL). The estimated model revealed the existence of nonlinear effect of oil price on inflation. Specifically, we found a significant relation between oil price increases and inflation rate, whereas, a significant relation between oil price reduction and the inflation was absent