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Investigation of the Relations between Crude Oil Prices and Real Effective Exchange Rate (REER) in Iran using Phase-Angle Analysis

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Academic year: 2020

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Figure

Fig. 1. Left figure shows the time series of Iran’s REER, Iran’s crude oil prices, OPEC Crude Oil prices, Brent Crude oil prices and WTI crude oil prices
Fig. 2. The contour for decomposition of the time series of Iran’s REER,  Iran’s crude oil prices, OPEC Crude Oil prices, Brent Crude oil prices and
Fig. 3. Spectrometry graphs for the analysis of the time series of Iran’s REER,
Fig. 4. The coherency of each oil price variables (Iran’s crude oil prices, OPEC
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