In this work, we test the price sensitivity of sector indices to changes in the oil price over the period 2001 to 2021 … of the explanatory variables and show a non-linear relationship between the prices of oil and sector indices. Furthermore …, the results show that fluctuations in oil prices do not have a statistically significant impact on West African sectoral …

While the relationship between oil prices and stock markets is of great interest to economists, previous studies do not … differentiate oil-exporting countries from oil-importing countries when they investigate the effects of oil price shocks on stock … summarized as follows: First, the magnitude, duration, and even direction of response by stock market in a country to oil price …

Using a modified DCC-MIDAS specification, we endogenize the long-term correlation between crude oil and stock price … future economic activity are helpful predictors for changes in the oil-stock correlation. For the period 1993-2011 there is … positive throughout the economic recovery. Our results strongly suggest that crude oil prices cannot be viewed as being …

While two different streams of literature exist investigating 1) the relationship between oil prices and emerging … market stock prices and 2) the relationship between oil prices and exchange rates, relatively little is known about the … dynamic relationship between oil prices, exchange rates and emerging market stock prices. This paper proposes and estimates a …