Oil price movements and stock markets revisited: A case of sector stock price indexes in the G-7 countries
AbstractApplying sector stock prices and oil prices in 1991:01–2009:05 from the G7 countries we find oil price shocks do not significantly impact the composite index in each country. However, stock price changes in Germany, the UK and the US were found to lead oil price changes.
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Bibliographic InfoArticle provided by Elsevier in its journal Energy Economics.
Volume (Year): 34 (2012)
Issue (Month): 5 ()
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Web page: http://www.elsevier.com/locate/eneco
Oil prices; Stock returns; Industry sectors; Sector stock return;
Find related papers by JEL classification:
- Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
- Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy
- G12 - Financial Economics - - General Financial Markets - - - Asset Pricing
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