Al-hajj, Ekhlas; Al-Mulali, Usama; Solarin Sakiru Adebola - In: Energy reports 4 (2018), pp. 624-637
In this research, we examined whether appreciation and depreciation in oil price, interest rate, exchange rate … sector) including the aggregate market are cointegrated. Furthermore, the findings of this study implied that oil price … shocks have an adverse impact on the stock market returns in most cases regardless whether oil price shocks are in an …
