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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Bibliographic Details
Main Authors: Vesna Bucevska, Borjan Gjelevski, Lea Matevska
Format: Article
Language:English
Published: Faculty of Economics, University of Tuzla 2023-05-01
Series:Economic Review
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Online Access:http://er.ef.untz.ba/index.php/er/article/view/13
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