Oil price riskThe 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 app
This paper investigates the impacts of oil price shocks and US economic uncertainty on emerging equity markets within a structural VAR model. I find that both precautionary oil demand and US economic uncertainty shocks have significant negative effects on emerging stock returns, whereas aggregate demand...
Emerging economiescrude oil pricesexchange ratesstock indicesThis paper examines the relationship between crude oil prices, exchange rates and stocks market indices of emerging economies like BRIC (Brazil, Russia, India aBagchi, BhaskarSocial Science Electronic Publishing...
Stock market returns Oil price shocks Nonlinear ARDL 1. Introduction It is well known that stock market is essential in the development of a country because with the existence of stock markets, shares are easily issued and traded to investors. Basically, stock markets are considered as the best...
Basher SA, Haug AA, Sadorsky P (2012) Oil prices, exchange rates and emerging stock markets. Energy Econ 34(1):227–240 Article Google Scholar Bashir MF (2022) Oil price shocks, stock market returns, and volatility spillovers: a bibliometric analysis and its implications. Environ Sci Pollut...
The global economic recovery has been muted, and a double-dip recession remains possible. But that dour prospect shouldn’t make executives sanguine about the risk of another oil shock. Emerging markets are still in the midst of a historic transition toward greater energy consumption. When global...
Given the significant oil price changes during the past two decades, this paper examines the effect of oil price uncertainty on the sovereign credit risk of four Gulf Cooperation Council (GCC) countries (United Arab Emirates, Qatar, Bahrain, and Saudi Arabia). By utilizing the nonparametric local...
Action to restore appropriate price incentives, notably through corrective carbon pricing, is urgently needed to lower the risk of irreversible and potentially devastating effects of climate change. That approach also offers fiscal benefits. C) Oil prices have dropped by over 60% since June 2014. A...
both oil prices and stock markets (e.g. Hamilton, 2014; Baumeister and Kilian, 2016), one can also argue that oil price fluctuations partially reflect changes in investor sentiment regarding future economic conditions, which, in turn, get reflected in the risk premia embedded in required returns...
Oil Prices, Exchange Rates and Emerging Stock Markets Energy Economics (2012) J. Cho et al. Flight-to-quality and correlation between currency and stock returns Journal of Banking and Finance (2016) H. Chen et al. Oil price shocks and US dollar exchange rates[J] Energy (2016) G. Driespr...