Belke, Ansgar; Dreger, Christian - Rheinisch-Westfälisches Institut für … - 2013
(MENA) countries using threshold cointegration methods. Oil and food price shocks increase domestic prices in the long run …This paper investigates the effects of global oil and food price shocks to consumer prices in Middle East-North African … regulations the more pronounced are the asymmetries. Robustness checks show that international price shocks do not affect GDP …