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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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| Published in: | MAGKS - Joint Discussion Paper Series in Economics (Band 31-2019) |
|---|---|
| Main Authors: | , , |
| Format: | Article |
| Language: | English |
| Published: |
Philipps-Universität Marburg
2019
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| Subjects: | |
| Online Access: | PDF Full Text |
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