Unit:
Κατεύθυνση Διαχείρισης Κεφαλαίων και ΚινδύνωνLibrary of the Faculty of Economics and of the Faculty of Business Administration
Author:
Shahnazaryan Samvel
Supervisors info:
Γεώργιος Δότσης, Επίκουρος Καθηγητής Χρηματοοικονομικής,Τμήμα Οικονομικών Επιστημών, Σχολή Οικονομικών και Πολιτικών Επιστημών, ΕΚΠΑ
Original Title:
Ανάλυση διακύμανσης τιμών WTI και συσχέτισης με καλάθι συναλλαγμάτων SDR και OPEC
Translated title:
WTI price fluctuation analysis and association with SDR and OPEC exchange basket
Summary:
"WTI price fluctuation analysis and association with SDR and OPEC exchange basket" Diplomacy deals with oil price developments (WTI) and factors that affect price. The purpose of diplomacy is to try to identify whether there are effects on the price of oil from changes in the main EUR - USD, USD - JPY, USD - GBP and combined with the IMF 's weighted SDR basket. We will also experimentally explore WTI's relationship with OPEC decisions by using false-variables on the organization's decisions to increase or decrease inventories to understand the degree of correlation between them. To make this exploration possible, we will use theoretical and empirical analyzes and methods such as Granger Causality and Cointegration to see to what extent there are dependencies on the method of calculating the oil relationship with the decisions of the Exporting Organization of Oil Countries we will use dummy variables to allow regression and find the correlation coefficient
Main subject category:
Social, Political and Economic sciences
Keywords:
WTI, OPEC, SDR, Error correction
