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  • 标题:Oil price and inflation in Algeria: A nonlinear ARDL approach
  • 作者:Miloud Lacheheb ; Abdalla Sirag
  • 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
  • 关键词:Inflation behavior; Oil price; Asymmetry; Algeria
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