What is it about?

We have various types of economic and financial uncertainties in the economy. However they may have heterogeneous consequences among oil producing countries. This paper examines the validity of this proposition by considering different horizons.

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Why is it important?

Some countries are more sensitive to specific stochastic movements than the others even if their income level has highly dependent to commodities. Reducing the uncertainty provides an advantage for them over the heart of unexpected movements.

Perspectives

While preparing this article, I got on opportunity to learn more about oil producing countries and compare their economies. I also noticed that the velocity of money should be substantially stable for the success of unconventional tools.

Professor Afsin Sahin
Department of Banking, School of Banking and Insurance, Ankara Haci Bayram Veli University

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This page is a summary of: Staying vigilant of uncertainty to velocity of money: an application for oil-producing countries, OPEC Energy Review, August 2018, Wiley,
DOI: 10.1111/opec.12127.
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