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

Feng, Qin

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

Feng, Qin

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. , p. 25

Keywords [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, id: diva2:533771

Subject / course

IHH, Economics

Uppsok

Social and Behavioural Science, Law

Supervisors

Wallentin, Erik

Johansson, Börje

Examiners

Klaesson, Johan

Available from: 2012-07-06 Created: 2012-06-14 Last updated: 2012-07-06Bibliographically approved

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