Rafailidis, Panagiotis; Katrakilidis, Constantinos - In: Applied Financial Economics 24 (2014) 12, pp. 793-800
This article investigates the long-run and short-run dynamics between US stock prices and oil prices over the period from 1 January 1992 to 22 November 2013 using the S&P 500 index and West Texas Intermediate spot oil prices. Unlike the majority of previous studies that are based on the...
