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• W2091022208 abstract "This paper examines the impact of changes in real oil prices on the real stock returns of G7 countries. In addition to investigating the asymmetric effect of oil price shocks on stock returns, we also examine the effect of the performances of stock markets themselves, which are relevant to firms’ strategies in the future. Although the responses of stock markets to oil price shocks are diverse among G7 countries, we present the inconsistent reflections of stock markets based on their performances. In many cases, quantile regression estimates are quite different from OLS models. These results carry crucial implications for the linkage between oil and stock markets." @default.
• W2091022208 created "2016-06-24" @default.
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• W2091022208 date "2011-05-01" @default.
• W2091022208 modified "2023-09-28" @default.
• W2091022208 title "The impact of oil price shocks on stock market activities: Asymmetric effect with quantile regression" @default.
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• W2091022208 doi "https://doi.org/10.1016/j.matcom.2011.03.004" @default.
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