Oil Prices and the Algerian Exchange Rate: Is there any Difference with Hidden Co-Integration?

Abstract

Research background: The aim of this paper is to examine the long run relationship among oil prices and the Algerian Dinar exchange rate over the period January 1995–February 2020 in Algeria as one of the most important oil-exporting countries and one of the OPEC members.

Keywords

• exchange rate
• oil prices
• hidden co-integration
• asymmetric relationships
• c32
• f31
• q43