scholarly journals ASYMMETRIC THRESHOLD COINTEGRATION AND NONLINEAR ADJUSTMENT BETWEEN OIL PRICES AND FINANCIAL STRESS

2019 ◽  
Vol 9 (3) ◽  
pp. 87-105
Author(s):  
Zouheir Ahmed Mighri ◽  
Majid Ibrahim Alsaggaf
2006 ◽  
Vol 23 (6) ◽  
pp. 1033-1039 ◽  
Author(s):  
Vicente Esteve ◽  
Salvador Gil-Pareja ◽  
José Antonio Martínez-Serrano ◽  
Rafael Llorca-Vivero

Energy Policy ◽  
2015 ◽  
Vol 82 ◽  
pp. 278-288 ◽  
Author(s):  
Saban Nazlioglu ◽  
Ugur Soytas ◽  
Rangan Gupta

Significance The slump was caused by low oil prices and left a legacy of higher debt and banking fragility. The slowdown pushed the government into reviewing the fiscal framework and placing renewed emphasis on economic diversification. Impacts The objective of increasing domestic financing as an alternative to external borrowing may prompt reforms to financial intermediation. The legacy of financial stress will constrain future credit expansion and hence the impact of diversification efforts. If BP's exploratory drilling in 2019-20 reveals new reserves, hydrocarbons' continuing dominance will be assured.


Sign in / Sign up

Export Citation Format

Share Document