Oil prices and current account deficits: analysis of causality in the USA

• Melike E. Bildirici ^[1] ; Elcin Aykac Alp ^[1] ; Tahsin Bakirtas ^[2]
  1. [1] Yıldız Technical University

     Yıldız Technical University

     Turquía

     
  2. [2] Sakarya University

     Sakarya University

     Turquía

     
• Localización: Applied econometrics and international development, ISSN 1578-4487, Vol. 10, Nº. 1, 2010, págs. 137-148
• Idioma: inglés
• Enlaces
  • Texto completo (pdf)
• Resumen

  • In this discussion, the theoretical structure of the great depression and the historical dimension of the crisis were taken into consideration and while we examine the depression within the framework of oil prices and financial crisis, we will use mortgage credit and current account deficits. Depression will be tested with TVAR and Granger Causality analysis.