Ahmed, Ali; Joher, Huson; Wadud, I.K.M. Mokhtarul - In: Energy Policy 39 (2011) 12, pp. 8062-8069
This study examines the impact of oil price uncertainty on Malaysian macroeconomic activities and monetary responses. We use a structural VAR (SVAR) model based on monthly data over the period 1986−2009. The EGARCH model estimates show an important asymmetric effect of oil price shocks on the...
