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The relationship between oil price and US Dollar/Norwegian Krone nominal exchange rate.
Jönköping University, Jönköping International Business School.
2012 (English)Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
Abstract [en]

This paper empirically investigates the cointegrated relationship between oil price and nominal exchange rate of US Dollar/ Norwegian Krone (USD/NOK) which is covering a time period from 2001 to 2011. The Augmented Dickey-Fuller test, Engle-Granger test and Error Correction Mechanism are employed for this research.

This paper concludes that there is a cointegrated relationship between oil price and nominal exchange rate of USD/NOK in the long term.

Place, publisher, year, edition, pages
2012. , 25 p.
Keyword [en]
Currency, Exchange Rate, Norway, Norwegian Krone, Crude Oil Price
National Category
Economics and Business Economics
Identifiers
URN: urn:nbn:se:hj:diva-18454OAI: oai:DiVA.org:hj-18454DiVA: diva2:533771
Subject / course
IHH, Economics
Uppsok
Social and Behavioural Science, Law
Supervisors
Examiners
Available from: 2012-07-06 Created: 2012-06-14 Last updated: 2012-07-06Bibliographically approved

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fulltext(1015 kB)3949 downloads
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Jönköping International Business School
Economics and BusinessEconomics

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CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf