Implications of Oil Prices Shocks for the Major Emerging Economies: A Comparative Analysis of BRICS

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Nasir, M; Naidoo, L; Shahbaz, M; Amoo, N;
  • Publisher: Elsevier

This study analyses the implications of oil prices shocks for the BRICS economies. We employed a time-varying structural vector autoregressive (TV-SVA) framework in which the sources of time variation are the coefficients and variance-covariance matrix of the innovation... View more
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