Oil price movements and stock market returns: Evidence from Gulf Cooperation Council (GCC) countries

By Sunil Kumar Mohanty, M. Nandha, A. Q. Turkistani, Muhammed Y. Alaitani. 2011

299 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Renewable Energy, Sustainability and the Environment

View Paper: https://www.semanticscholar.org/paper/522878206f304860e958e95f0d591483a8128d86

How researchers see this paper

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

In Economics and Econometrics

1. George Filis
2. Stavros Degiannakis *
3. Vipin Arora
4. Ioannis Chatziantoniou
5. Nikolaos Antonakakis
6. Rustam Boldanov
7. Walid Mensi
8. P. Moya-Martínez

In Renewable Energy, Sustainability and the Environment

1. Stavros Degiannakis *
2. George Filis
3. Nikolaos Antonakakis
4. Ioannis Chatziantoniou
5. Vipin Arora
6. Rustam Boldanov
7. P. Moya-Martínez
8. Francisco Escribano-Sotos

Citations in the corpus

• Correlations and volatility spillovers across commodity and stock markets: Linking energies, food, and gold (2013, result): “Our results are in line with the findings of some studies such as Malik and Hammoudeh (2007), Park and Ratti (2008), Arouri and Christophe (2011), Arouri et al. (2011) Mohanty et al. (2011), and Silvennoinen and Thorp (2013).”
• Oil Prices and Stock Markets: A Review of the Theory and Empirical Evidence (2018, background): “…et al., 2014; Scholtens and Yurtsever, 2012; Arouri, 2012; Broadstock et al., 2012; Ramos and Veiga, 2011; Arouri, 2011; Elyasiani et al., 2011; Mohanty et al., 2011; Narayan and Sharma, 2011; Arouri et al., 2011a; Arouri and Nguyen, 2010; Nandha and Faff, 2008; Boyer and Filion, 2007;…”
• Oil shocks and stock markets: dynamic connectedness under the prism of recent geopolitical and economic unrest (2017, background): “(2013); Mohanty et al. (2011); Bjørnland (2009) claim that positive oil prices changes trigger positive responses for the stock markets of net oil–exporting countries, whereas the opposite stands true for the stock markets of the net oil–importers.”
• Interdependence of oil prices and stock market indices: A copula approach (2014, background): “A few studies examined asymmetric relationship between the series (Balke et al., 2002; Ciner, 2001; Hamilton, 1996; Mohanty et al., 2011; Mork, 1989).”
• Oil and stock returns: Evidence from European industrial sector indices in a time-varying environment (2013, unknown): “Nonetheless, the effects of oil shocks on stock markets for a specific country can be positive or negative depending on whether the country is a net producer or net consumer of oil resources, see Mohanty et al. (2011).”
• Oil price risk in the Spanish stock market: An industry perspective (2014, background): “Rising oil prices are often indicative of inflationary pressureswhich central banks typically control by raising interest rates, with the subsequent negative effect on share prices via the discount rate (Huang et al., 1996; Miller and Ratti, 2009; Mohanty et al., 2011).”
• Time-varying correlation between oil and stock market volatilities: Evidence from oil-importing and oil-exporting countries (2016, background): “On the other hand, researchers argue that a positive relationship pertains to oil-exporting countries, while the adverse interaction only applies to oil-importing countries (see, indicatively, Bashar, 2006; Mohanty et al., 2011 and Wang et al., 2013).”