This study aims to revisit the relationship between oil prices and Islamic finance over the last two decades for developed and emerging countries. Specifically, we assess this relationship during turbulent times, considering the effect of recent healthcare shock and oil price shock caused by the...

This paper measures the pass-through of exchange rate changes into domestic inflation within a cointegrated VAR (CVAR) framework. This issue is of particular interest for the euro area (EA) as Member Sates cede their national currencies and no longer have options of using monetary policy to...