/policy interest rate for the emerging countries is more to global inflation, for the advanced countries (excluding the U.S.) is more … to global output, and for the U.S. is to both global output and inflation …

This paper examines the dynamics in the relationship between oil price and exchange rate in Nigeria by utilizing … models confirm the absence of asymmetric cointegration, hence leading to the conclusion that in the case of Nigeria, there …

We study the impact of fluctuations in global oil prices on domestic inflation using an unbalanced panel of 72 advanced … and developing economies over the period from 1970 to 2015. We find that a 10 percent increase in global oil inflation … increases, on average, domestic inflation by about 0.4 percentage point on impact, with the effect vanishing after two years and …