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The relationship between oil price and US Dollar/Norwegian Krone nominal exchange rate.

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.

Identiferoai:union.ndltd.org:UPSALLA1/oai:DiVA.org:hj-18454
Date January 2012
CreatorsFeng, Qin
PublisherHögskolan i Jönköping, Internationella Handelshögskolan
Source SetsDiVA Archive at Upsalla University
LanguageEnglish
Detected LanguageEnglish
TypeStudent thesis, info:eu-repo/semantics/bachelorThesis, text
Formatapplication/pdf
Rightsinfo:eu-repo/semantics/openAccess

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