BenMabrouk, Houda; HadjMohamed, Wafa - In: Cogent economics & finance 10 (2022) 1, pp. 1-17
Based on the Structural Vector Auto regression (SVAR) model, we study the impact of oil shocks on the volatility of the … BRICS and G7 markets. We decompose oil shocks into three types: oil supply shocks, aggregate demand shocks and oil …-specific demand shocks. The results indicate that there is a significant impact of oil shocks on both markets but this impact differs …