Oil price movements and stock markets revisited: A case of sector stock price indexes in the G-7 countries ☆

175 citations recorded by the source corpus.

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

Time-varying causality between crude oil and stock markets: What can we learn from a multiscale perspective? (2017, methodology): “(2013) and Lee et al. (2012) have analyzed linear causal relations between oil and equity”
Extreme risk spillovers between crude oil and stock markets (2015, background): “…between crude oil futures and the S&P500 stock index from May 1990 to August 2006, and find that when the S&P 500 index was declining extremely, and Chen (2011), Zhu et al. (2011), Arouri et al. (2012), Basher et al. (2012), Jammazi (2012), Li, et al. (2012), Lee et al. (2012), and Ciner (2013).”
Has oil price predicted stock returns for over a century (2015, background): “…and Bashmakova (2013), respectively; the effect of oil price shocks on industry/sector returns have been documented in Elyasiani et al. (2011) and Lee et al. (2012); and, there are several individual country-based studies that confirm a statistical relationship between oil prices and stock…”
Assessing the impacts of oil price fluctuations on stock returns in emerging markets (2012, background): “The interested readers can, however, refer to, among others, Henriques and Sadorsky (2008), Nandha and Faff (2008), Arouri and Nguyen (2010), Ramos and Veiga (2011), and Lee et al. (2012) for a detailed discussion of these topics.”