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inflation targetingbudget deficitemerging economiesdeficit emergingtreatment effectempirical evidenceimpact assessmentÖffentliche schuldenpublic debtexchange ratemultivariate verteilungmultivariate distributionoil pricetargeting publicpublic deficitemerging countriescountries timetime varyingvarying treatmenteffect approachapproach relationshiprelationship oiloil stockstock pricesprices exchangeexchange ratesrates vinevine copulacopula basedbased garchgarch methodmethod boostingboosting newnew ventureventure projectsprojects incubatorincubator developmentdevelopment programmeprogramme inflationtargeting decreasedecrease primaryprimary budgetemerging marketsmarkets empiricalevidence adoptionadoption inflationtargeting economiceconomic policiespolicies performanceperformance emergingcountries dynamicdynamic treatmenteffect evaluationevaluation dependencedependence extremeextreme dependencedependence crudecrude oiloil naturalnatural gasgas pricesprices applicationsapplications riskrisk managementmanagement financialfinancial opennessopenness technologytechnology catchcatch empiricalevidence mediterraneanmediterranean basinbasintime laglag modelllag modeldependence measurescrude oil pricestock indexarch modellbusiness start uptechnology parkfirm performances gmm1990 2010commodity derivative
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