Selmi, Refk; Bouoiyour, Jamal; Ayachi, Fethi - Volkswirtschaftliche Fakultät, … - 2012
Several studies considered oil price as exchange rate determinants. The novelty of our paper is to test if the lagged oil price are statistically significant predictors of Moroccan and Tunisian exchange rate. We consider a stricter GARCH specifications (linear versus nonlinear, symmetric versus...