Stock prices’ volatility always affects the investor’s confidence in stock market, especially during a crisis period whether it’s 2008 crisis or the Wall Street Crisis of 1922. Every crisis has a different story and its impact on the stock market is also different, some crisis affects the...

We explore the stock market and option implied volatility response of the oil and gas industry to four policy events associated with the Paris Agreement and the election of Donald Trump. Our results show that the signing of the Paris Agreement had a large negative impact for the Oil and Gas...