Al-hajj, Ekhlas; Al-Mulali, Usama - In: Energy Reports 4 (2018), pp. 624-637
shocks have an adverse impact on the stock market returns in most cases regardless whether oil price shocks are in an … fluctuations. In addition, the findings showed there is a long run asymmetric link between oil price shocks, interest rate … sector) including the aggregate market are cointegrated. Furthermore, the findings of this study implied that oil price …