OIL PRICES AND THEIR LONG-TERM RELATIONSHIP WITH MACROECONOMIC AND FINANCIAL INDICATORS
The objective of this paper is to find out whether there is a long-term relationship or in other words cointegration, between the prices of oil futures and the following factors: the consumer price index (CPI), the exchange rate of the USD to the EUR, the prices of gold, and the price of Bitcoin. T...
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Main Authors: | Vesna Bucevska, Borjan Gjelevski, Lea Matevska |
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Format: | Article |
Language: | English |
Published: |
Faculty of Economics, University of Tuzla
2023-05-01
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Series: | Economic Review |
Subjects: | |
Online Access: | https://www.er.ef.untz.ba/index.php/er/article/view/13 |
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