Salisu, Afees A.; Gupta, Rangan; Demirer, Rıza - In: Journal of Risk and Financial Management 15 (2022) 8, pp. 1-26
This paper examines the propagation of oil price uncertainty shocks to real equity prices using a large-scale Global … developed model-free, robust estimate of oil price uncertainty, we document a statistically significant and negative effect of … uncertainty shocks emanating from oil prices on the large majority of global stock markets, with the adverse effect of oil price …