The purpose of this paper is to contribute to the literature on stock markets and energy prices by studying the impact of oil price changes on a large set of emerging stock market returns. The approach taken in this paper uses an international multi-factor model that allows for both unconditio...
This paper develops a novel method for classifying oil price changes as supply or demand driven. Motivated by a simple model and empirical results, demand shockdoi:10.2139/ssrn.2140034Ready, Robert CSocial Science Electronic PublishingReady, R. C. (2013). Oil prices and the stock market. ...
Oil Price And Stock Market Linkages In A Small And Oil Dependent Economy: The Case Of Greece We investigate the dynamic linkages between oil prices and the stock market behaviour in a small and oil dependent economy. Particularly, we analyse empiri... K Constantinos,LA Ektor,M Dimitrios - 《...
First, a degree of pervasiveness of an oil price factor, beyond the influence of the market, is detected across some Australian industries. Second, we propose and find significant positive oil price sensitivity in the Oil and Gas and Diversified Resources industries. Similarly, we propose and ...
OIL PRICE SHOCKS AND STOCK MARKET BEHAVIOR This dissertation analyze the relationship between oil price shocks and stock market for the US and 13 European countries with monthly data from 1986.1--2005.12. Three countries (Denmark, Norway and the UK) among 13 European countries ar... JW Park 被...
Crude oil is an important raw material used for manufacturing many goods, so that an extraordinary increase in the price of oil is bound to warn the economy with inflationary tendencies. This paper has analyzed the performance or the reaction of the stock market towards the crude oil price ...
Finally, the Sadorsky’s VAR model is extended to incorporate additional variables which may impact the stock market. These variables which are US dollar and consumer spending coupled with oil price shocks, reflect much of the stock market’s concerns and anxiety which have been covered and ...
Oil Prices and Stock Prices of Alternative Energy Companies:石油价格和替代能源公司的股票价格.pdf 2015-03-02上传 Oil Prices and Stock Prices of Alternative Energy Companies:石油价格和替代能源公司的股票价格of,价格,替代,and,Oil,stock,oil,Price,Stock,price ...
Energy stocks were holding steadier, including a 0.3% tick higher for Exxon Mobil, a day after sliding to some of the market’s worst losses. They’ve been generally following the price of oil, which has fallen back asworries recedethat Israel will attack ...
Why Oil Does Not Drive Stock Prices So why can't Fed economists find a stronger correlation between the stock market and oil prices? There are several likely explanations. The first and most obvious is that other price factors in the economy—such as wages, interest rates, industrial metals,...