Comparative Analysis of VAR and SVAR Models in Assessing Oil Price Shocks and Exchange Rate Transmission to Consumer Prices in South Africa

This study compared standard VAR, SVAR with short-run restrictions, and SVAR with long-run restrictions to investigate the effects of oil price shocks and the foreign exchange rate (ZAR/USD) on consumer prices in South Africa after the 2008 financial crisis. The standard VAR model revealed that cons...

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Bibliographic Details
Main Authors: Luyanda Majenge, Sakhile Mpungose, Simiso Msomi
Format: Article
Language:English
Published: MDPI AG 2025-02-01
Series:Econometrics
Subjects:
Online Access:https://www.mdpi.com/2225-1146/13/1/8
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