Purpose: The macroeconomic variables are crucial for any change in economy for a country. Any abrupt change among these variables has impact on the economy in various ways. In case of any change the regulatory authority take steps and make amendment in their policies that would put the economy...

This article explores the impact of fuel price movements on the stock market return of 2020 during the Covid-19 disruptions. In the study, a time-varying parameter VAR model was used to examine a time-varying causal association between oil prices and stock market returns. Data used in this study...