Abdelsalam, Mamdouh Abdelmoula Mohamed - In: Review of economics and political science : REPS 8 (2023) 5, pp. 353-379
Purpose - This paper aims to explore the extreme effect of crude oil price fluctuations and its volatility on the … business cycles or oil price levels, the paper uses a panel quantile regression approach with other linear models such as fixed … effects, random effects and panel generalized method of moments. The panel quantile methodology is an extension of traditional …