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This paper investigates the relationship between oil prices (Brent and West Texas Intermediate (WTI)) and Kuwait Stock Exchange (KSE) prices at the sector level. In a nonlinear autoregressive distributed lag (NARDL) model, ten major sectors in Kuwait are studied using daily data from 3 January...
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This study examines the oil price asymmetric influences on tourism (tourism receipts) for select MENA countries (namely: Egypt, Israel, Jordan, Lebanon, Morocco, Tunisia, and Turkey). Although annual sample data from 1995-2018 was collected, however, to be able to apply the asymmetric analysis,...
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