Abstract
In recent years oil prices have fluctuated extremely. Bangladesh is an oil-importing country and it has strong volatility of oil prices impacts on its economy. Especially oil shocks have a crucial role on several macroeconomic indicators mainly inflation rates in Bangladesh. This paper estimates the effects of oil price changes on inflation for Bangladesh.
Keywords
Global oil price, Inflation, Consumer price index, Unit root, Co-integration, VECM
Citations
IRE Journals:
Mohammad Raselar Rahman , Md. Shaddam Hossain , Md. Maznur Rahman , Dilruba Yesmin Smrity , Liton Chandra Voumik
"Do oil shocks matters for the inflation rate in Bangladesh?" Iconic Research And Engineering Journals Volume 3 Issue 11 2020 Page 163-170
IEEE:
Mohammad Raselar Rahman , Md. Shaddam Hossain , Md. Maznur Rahman , Dilruba Yesmin Smrity , Liton Chandra Voumik
"Do oil shocks matters for the inflation rate in Bangladesh?" Iconic Research And Engineering Journals, 3(11)
About IRE Journals
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