Oil price shocks and stock market activities: Evidence from oil-importing and oil-exporting countries

By Yudong Wang, Chongfeng Wu, Li Yang. 2013

559 citations recorded by the source corpus.

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

View Paper: https://www.semanticscholar.org/paper/cb06116c4278b9524403929a71055fe0457e72a7

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Citations in the corpus

Oil price shocks, economic policy uncertainty and industry stock returns in China: Asymmetric effects with quantile regression (2017, background): “The relationships between oil price changes and the stock market for China have attracted scholars' attention (Cong et al., 2008; Zhang and Chen, 2011; Broadstock et al., 2012; Wang et al., 2013; Fang and You, 2014; Li et al., 2017; Bouri et al., 2017).”
Oil shocks and stock markets: dynamic connectedness under the prism of recent geopolitical and economic unrest (2017, background): “It is worth mentioning though, that in recent years, authors such as Yuan et al. (2008), Zhang et al.”
Effects of oil price shocks on the stock market performance: Do nature of shocks and economies matter? (2015, result): “This argument is supported by the findings by Wang et al. (2013) that the magnitudes, durations and even directions of response of the stock markets to crude oil price shocks differ greatly, depending on whether the country is an oilexporting or oil-importing one, and whether the shock is driven by…”
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).”
The relationship between energy and equity markets: evidence from volatility impulse response functions (2014, background): “Wang, Wu, and Yang (2013) examine the linkage between oil price shocks and stock market returns for oil importing and exporting countries; two of their key findings are i) oil price shocks are able to explain more of the variation in stock returns for oil exporting countries and ii) oil demand…”
Asymmetric spillover and network connectedness between crude oil, gold, and Chinese sector stock markets (2021, background): “Numerous empirical studies have examined the relationships between oil and stock markets (Sadorsky, 1999; Nanadha and Faff, 2008; Park and Ratti, 2008; Bjørnland, 2009; Filis et al., 2011; Mensi et al., 2013; Wang et al., 2013).”
Do high-frequency stock market data help forecast crude oil prices? Evidence from the MIDAS models (2019, background): “On the other hand, crude oil markets also exert some influence on stock markets; for example, crude oil price fluctuations will have an effect on stock markets by affecting the economy of the oil exporter and oil importer (Kilian, 2008a, 2008b, 2009; Wang et al., 2013; Baumeister and Peersman, 2013)”
Dependences and volatility spillovers between the oil and stock markets: New evidence from the copula and VAR-BEKK-GARCH models (2020, background): “These studies consistently show that this model can effectively capture the dependences among high dimension relationship (Weiß and Supper, 2013; Kraus and Czado, 2017; Allen et al., 2013; Brechmann et al., 2013); while it has also demonstrated superior performance in estimating the nonlinear…”