Energy prices, volatility, and the stock market: Evidence from the Eurozone

By Ulrich Oberndorfer. 2009

234 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance, General Energy

View Paper: https://www.semanticscholar.org/paper/04e78fd193ee8a2693e3f1e981798884d7aa4b14

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Citations in the corpus

What has driven oil prices since 2000? A structural change perspective (2011, background): “Furthermore, the events that are related with structural breaks seem to have permanent impact on fluctuation process (Perron, 1989).”
Does the carbon market help or hurt the stock price of electricity companies? Further evidence from the European context (2016, methodology): “The sample period for Phase I in this study is different from Oberndorfer (2009b).”
How do the stock prices of new energy and fossil fuel companies correlate? Evidence from China (2014, background): “…or fundamental factors such as debt levels and operational cash flows (e.g., Boyer and Filion, 2007; Hammoudeh et al., 2010; Lanza et al., 2005; Oberndorfer, 2009; Sadorsky, 2001).1 Many studies have identified a significant positive effect of oil price appreciation on oil and gas stock…”
Oil, Gold, US dollar and Stock market interdependencies: A global analytical insight (2017, methodology): “As about the total effects, the negative relationship between oil price and stock markets corroborate results of Malik and Hamoudeh (2007) on Gulf stock markets, Oberndorfer (2009) on European stock markets and afterward Masih et al. (2011), and Haug and Sadorsky (2012) on emerging markets.”
Herding behaviour in energy stock markets during the Global Financial Crisis, SARS, and ongoing COVID-19* (2020, background): “Much of the empirical analysis has concentrated on market fluctuations in crude oil prices and associated financial markets ([35] Oberndorfer, 2009 [36]; Ramos and Veiga, 2011 [37]; Zamani, 2016 [38]; Chang et al., 2019).”
Oil prices and stock market in China: A sector analysis using panel cointegration with multiple breaks (2012, background): “(2008), most of these studies focus on the effects of oil prices on stock markets in a few developed countries such as the UK, US and Europe (e.g., Arouri, 2011; Arouri and Nguyen, 2010; El-Sharif et al., 2005; Elyasiani et al., 2011; Ghouri, 2006; Hammoudeh and Li, 2005; Kumar et al., 2012; Lee and”
Oil Prices and Stock Markets: A Review of the Theory and Empirical Evidence (2018, background): “Oil price changes can alter a firm’s future cash flows either positively or negatively, depending on whether the firm is an oil-user (oil-consumer) or oil-producer (see Oberndorfer, 2009; Mohanty and Nandha, 2011).”
Financial and monetary policy responses to oil price shocks: evidence from oil-importing and oil-exporting countries (2014, background): “Oberndorfer (2009) seconds that opinion in his study of the effect of oil price volatility on European stock markets.”
Dynamic correlation between stock market and oil prices: The case of oil-importing and oil-exporting countries (2011, background): “Oberndorfer (2009) seconds that opinion in his study on the effect of oil price volatility on European stock markets.”
Measuring contagion between energy market and stock market during financial crisis: A copula approach (2012, background): “Many recent papers have documented small but significantly negative connections between crude oil and stock markets (Chiou and Lee, 2009; Filis, 2010; Miller and Ratti, 2009; Nandha and Faff, 2008; Oberndorfer, 2009; Park and Ratti, 2008).”
Return and volatility transmission between world oil prices and stock markets of the GCC countries (2011, methodology): “As far as volatility modeling of oil and stock markets is concerned, GARCH-type models have received a particular interest from almost all previous papers (e.g., Narayan and Narayan, 2007; Kang et al., 2009; Oberndorfer, 2009; Choi and Hammoudeh, 2010).”