Oil Price Shocks and Unemployment Rate: New Evidence from the MENA Region

Oil Price Shocks and Unemployment Rate: New Evidence from the MENA Region

We examine the effects of oil price shocks on unemployment rates in the MENA oil-exporting and oil-importing countries over the period 1991-2017. Using the nonlinear autoregressive distributed lag (NARDL) model, the results show that in the short-run, the positive changes of oil prices only exert a...

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Bibliographic Details
Published in:MAGKS - Joint Discussion Paper Series in Economics (Band 31-2019)
Main Authors: Cheratian, Iman, Farzanegan, Mohammad Reza, Goltabar, Saleh
Format: Article
Language:English
Published: Philipps-Universität Marburg 2019
Subjects:
Wirtschaft
MENA region
NARDL.
Unemployment rate
Oil price shocks
Economics
Online Access:PDF Full Text
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