Soytas, Ugur; Sari, Ramazan; Hammoudeh, Shawkat; … - In: Energy Policy 37 (2009) 12, pp. 5557-5566
We examine the long- and short-run transmissions of information between the world oil price, Turkish interest rate, Turkish lira-US dollar exchange rate, and domestic spot gold and silver price. We find that the world oil price has no predictive power of the precious metal prices, the interest...