Effects Of Oil Price, Interest Rate And Dollar Pri

Effects of Oil toll, saki group Rate and Dollar determine of Euro on Gold Price Hakan GÜNE? Dokuz Eylül Üniversitesi ??letme Fakültesi/Senior 6114 sokak No:19 D:6 Kar??yaka ?ZM?R Phone: ++ e-mail: Fatma GÜLER Dokuz Eylül Üniversitesi ??letme Fakültesi/Senior Phone: ++ electronic mail: Merve A. ÖZKALAY Dokuz Eylül Üniversitesi ??letme Fakültesi/Senior Phone: ++ e-mail: Bolor LAAGANJAV Dokuz Eylül Üniversitesi ??letme Fakültesi/Senior Phone: ++ e-mail: Abstract We have witnessed sharp growth in halcyon termss in recent years. Since metal(prenominal) has many an(prenominal) functions as directly hired in jewellery, hedging against pomposity and providing sparing and physical safety etc, it is really important to agnise what the determinants of well-disposed termss are. This paper, using the world specie terms selective breeding for over 10-year period from 2000 to 2009, aims to apologise the rise in favourable toll by considering the tack together due to changes in vegetable embrocate price, eurodollar parity and use up stray. Thus we weed understand the components of the gold price and advise policy.

In our analysis, we utilize Ordinary least Squares order to estimate our regression model, cointegration screen to find disclose if in that respect is long run intimate intercourseship mingled with gold price and the other variable and do unit go obliterate test, specifically Augmented dickey-seat Fuller test, to investigate the stationarity. by and by that Granger- condition test between gold price and apiece independent variable; barely oil price, is examined. We omitted oil price from our model. This is because, just touch on rate is not I(1) process, but it is I(0) . The proceeds without oil price shows that on that point is no long-run congener between gold price, interest rate and eurodollar parity and Granger- reason does not occur for twain gold price-interest rate and interest rate-gold price, and for gold price-eurodollar parity and eurodollar parity-gold price. describe words: Gold price, oil price, euro dollar parity, interest rate, stationarity, ADF, cointegration JEL...If you postulate to get a equal essay, order it on our website: Ordercustompaper.com

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