Abstract
This investigation examines the correlations of oil prices, gold prices and the NT dollar versus U.S. dollar exchange rate during 2007/09/03–2011/12/28. Johansen co-integration test, VAR model, Granger causality test, impulse response analysis, and variance decomposition method were used to clarify the interactive relationships among the three variables. These tests and models show that the oil price, gold price and exchange rate remain considerably independent from one another, which implies policymakers should consider the separation of energy and financial policies.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
