Does crude oil move stock markets in Europe? A sector investigation ☆

By Mohamed Arouri. 2011

250 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/de852a752f3e93d1c35f882d917aca12259b87c9

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In Economics and Econometrics

Citations in the corpus

Time-Varying Effect of Oil Market Shocks on the Stock Market (2015, background): “Arouri (2011) estimates linear and asymmetric models of the connection between oil and European stock prices and finds that results differ across sectors.”
How do the stock prices of new energy and fossil fuel companies correlate? Evidence from China (2014, background): “…of how fossil fuel company (mainly the oil and gas companies) stock prices are perceived, many scholars have focused on the oil price effect (e.g., Arouri, 2011; El-Sharif et al., 2005; Elyasiani et al., 2011; Faff and Brailsford, 1999; Ghouri, 2006; Hammoudeh and Li, 2005; Hammoudeh et al.,…”
Oil price shocks and stock market returns: New evidence from the United States and China (2014, background): “(2013), Scholtens and Yurtsever (2012), Arouri (2012), Broadstock et al.”
Oil shocks and their impact on energy related stocks in China (2012, methodology): “Using weekly data to investigate the relationship between oil price dynamics and stock markets has also recently been done by Arouri (2011) and Fan and Xu (2011).”
Interdependence of oil prices and stock market indices: A copula approach (2014, background): “The increased cost, ceteris paribus, will result in smaller profit which will negatively affect the expected earnings and will result in depressed aggregate stock prices (Arouri and Nguyen, 2010; Ciner, 2001; Nandha and Faff, 2008).”
The influence of the international oil prices on the real effective exchange rate in Romania in a wavelet transform framework (2013, unknown): “Along this line, some researchers have investigated the relationships between oil prices and stock prices (Arouri, 2011; Basher et al., 2012), between oil prices and economic growth (Eika and Magnussen, 2000; Ferderer, 1996; Kilian, 2009; Prasad et al., 2007), between oil prices and industrial…”
Oil Prices and Stock Markets: A Review of the Theory and Empirical Evidence (2018, background): “It is interesting to note though that Arouri (2011) in a subsequent study reports that only the Oil & Gas sector exhibits a positive response to positive oil price changes, whereas a negative effect is evident for the Financials and Consumer Goods sectors.”
Crude oil price analysis and forecasting using wavelet decomposed ensemble model (2012, background): “Besides, crude oil markets typically represent a more volatile and risky environment than other commodities markets and the traditional financial markets [2,19,20].”
The Effects of Oil Price Shocks on Stock Market Volatility: Evidence from European Data (2014, background): “Third, in contrast to studies that mainly focus on the responses of stock market returns in individual countries in Europe or in the U.S. (Arouri, 2011; Arouri and Nguyen, 2010 and Scholtens and Yurtsever, 2012 are notable exceptions), emphasis of this research is placed on the pan-European stock ma”
Oil price and stock returns of consumers and producers of crude oil (2015, background): “I. Introduction There is a large volume of studies that examines the relationship between oil price returns and stock returns (see, inter alia, Arouri, 2011; Park and Ratti, 2008; and Miller and Ratti, 2009).”
Oil and stock returns: Evidence from European industrial sector indices in a time-varying environment (2013, unknown): “Nonetheless, as Arouri (2011) argues, the firms in the Industrials sector engage in effective hedging strategies which reduce the effects of”