Maghyereh, Aktham; Al‐Kandari, Ahmad - In: Managerial Finance 33 (2007) 7, pp. 449-460
Purpose – The purpose of this research is to examine the linkages between oil prices and stock market in Gulf Cooperation Council (GCC) countries. Prior work argues that oil prices and the GCC stock markets are not related. This conclusion could be due to the fact that only linear linkages...