A dinâmica dos preços do petróleo, COVID-19 e taxas de câmbio em cinco economias emergentes no atípico primeiro trimestre de 2020
DOI:
https://doi.org/10.18046/j.estger.2021.158.4042Palavras-chave:
taxas de câmbio, COVID-19, preços do petróleo, cointegraçãoResumo
A disseminação da doença COVID-19 e a queda dos preços do petróleo causaram turbulência financeira durante o primeiro trimestre de 2020. O objetivo deste artigo foi examinar a relação entre a pandemia de COVID-19, os preços do petróleo e as taxas de câmbio em relação ao dólar americano de cinco economias emergentes: dois importadores e três exportadores de petróleo. Os resultados da análise autoregressiva com defasagens distribuídas, revelam um movimento conjunto positivo entre as taxas de letalidade e as taxas de câmbio de três de esses países. O estudo também encontrou uma relação negativa entre os preços do petróleo e as taxas de câmbio nos cinco países.
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