The study examines the vital connection between stock returns and oil price changes for oil-exporting/importing countries separately. We present evidence employing granger causality, impulse response, and error variance decomposition based on panel vector autoregression. The results of panel...

To assess the effects of an oil price bust on individual labor market outcomes, we leverage the 2015 exogenous decline in international oil prices with geographical variation in oil-dependency in Ecuador. To account for propagation mechanisms, we also test the causal effect of the oil price bust...

This study uses the time-varying parameter/stochastic volatility vector autoregression (TVP-SV-VAR) model to explore the impact of uncertainty risk on oil prices. Economic policy uncertainty and geopolitical risk were used as proxy variables for economic and political uncertainty risk. The study...

This research estimated the smooth transition autoregressive model with exogenous variables to evaluate the non-linearity of West Texas Intermediate (WTI) crude oil price from the exchange rate of US dollar and WTI crude oil production. The sample period used in this research was the weekly data...

The OPEC countries rely on oil to fund their budgets, similar to many countries worldwide. However, the fall in oil prices in 2008 and 2014 put significant strain on their public finances, including healthcare finances. This study examines the effect of the fall in oil prices on OPEC countries'...

Studying Corporate Environmental, Social and Governance responsibility (ESG) and its consequences remain a topical concern of the company's stakeholders including governmental and non-governmental organizations, investors and researchers over the past few decades. While most research has studied...