Mohanty, Sunil K.; Nandha, Mohan; Turkistani, Abdullah Q.; … - In: Global Finance Journal 22 (2011) 1, pp. 42-55
A number of recent studies have found a link between oil price changes and stock prices. However, these studies mostly concentrate on developed economies and analyze the impact of oil price shocks on stock returns at the aggregate stock market level. We assess the relation between changes in...