Abstracting and IndexingРИНЦReferativny Zhurnal VINITI RAS Worldcat LCCN Permalink Google Scholar Online availableEastvieweLIBRARY.RU Biblioclub |
Forecasting crisis periods of the countries of BRIC
Available online: 11 August 2013 Subject Heading: Financial market JEL Classification:
The research of changes in the exchange rate of dollar and price of oil is conducted in this article by the Markov Switch GARCH model, their interrelation and special behavior is revealed during the crisis periods. This research is carried out for the first time for the countries of BRIC and is particularly relevant in the conditions of world economy globalization since timely recognition of crises will give the chance to taking measures to its mitigation and faster overcoming. Keywords: oil price, US dollar exchange rate, Markov switching model, GARCH model, crisis period, countries of BRIC |
ISSN 2311-8709 (Online)
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