GHORBEL, Achraf; ABBES, Mouna BOUJELBENE; BOUJELBENE, Younes - In: Journal of Applied Research in Finance Bi-Annually III (2011) 2, pp. 204-229
This article explores the relation between oil market and the financial stocks market. Particularly, this article examines the impact of oil price shocks on stock markets returns and volatilities for large set of oil importing and exporting countries over 1997:1–2009:08 period. Using VAR...