BibTex RIS Cite

Oil Price Volatility and Real Effective Exchange Rate: The Case of Thailand

Year 2015, Volume: 5 Issue: 2, 574 - 579, 01.06.2015

Abstract

The main objective of this study is to directly examine the relation between real oil price and real effective exchange rate in Thailand during July 1997 to December 2013. Under the floating exchange rate regime, bilateral exchange rates are expected to fluctuate more than under the fixed exchange rate regime. The monthly data of real effective exchange rate index and real oil price are used. The results from this study reveal that there is no cointegration and causality in levels of the two series. However, an increase in oil price volatility causes real exchange rate volatility to increase. This main finding gives some policy implications to policy makers.

Year 2015, Volume: 5 Issue: 2, 574 - 579, 01.06.2015

Abstract

There are 0 citations in total.

Details

Other ID JA46EP98TM
Journal Section Research Article
Authors

Komain Jiranyakul This is me

Publication Date June 1, 2015
Published in Issue Year 2015 Volume: 5 Issue: 2

Cite

APA Jiranyakul, K. (2015). Oil Price Volatility and Real Effective Exchange Rate: The Case of Thailand. International Journal of Energy Economics and Policy, 5(2), 574-579.
AMA Jiranyakul K. Oil Price Volatility and Real Effective Exchange Rate: The Case of Thailand. IJEEP. June 2015;5(2):574-579.
Chicago Jiranyakul, Komain. “Oil Price Volatility and Real Effective Exchange Rate: The Case of Thailand”. International Journal of Energy Economics and Policy 5, no. 2 (June 2015): 574-79.
EndNote Jiranyakul K (June 1, 2015) Oil Price Volatility and Real Effective Exchange Rate: The Case of Thailand. International Journal of Energy Economics and Policy 5 2 574–579.
IEEE K. Jiranyakul, “Oil Price Volatility and Real Effective Exchange Rate: The Case of Thailand”, IJEEP, vol. 5, no. 2, pp. 574–579, 2015.
ISNAD Jiranyakul, Komain. “Oil Price Volatility and Real Effective Exchange Rate: The Case of Thailand”. International Journal of Energy Economics and Policy 5/2 (June 2015), 574-579.
JAMA Jiranyakul K. Oil Price Volatility and Real Effective Exchange Rate: The Case of Thailand. IJEEP. 2015;5:574–579.
MLA Jiranyakul, Komain. “Oil Price Volatility and Real Effective Exchange Rate: The Case of Thailand”. International Journal of Energy Economics and Policy, vol. 5, no. 2, 2015, pp. 574-9.
Vancouver Jiranyakul K. Oil Price Volatility and Real Effective Exchange Rate: The Case of Thailand. IJEEP. 2015;5(2):574-9.