THE IMPACT OF OIL PRICE UNCERTAINTY ON US STOCK RETURNS
Oil price uncertainty has a negative and significant impact on stock returns during the period of 2003–2020 but not the earlier period of 1984–2002. The impact of stock price uncertainty on oil returns for both periods is not significant. Oil price uncertainty is important in examining stock price...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Tuwhera Open Access Publisher
2022-05-01
|
| Series: | Applied Finance Letters |
| Online Access: | https://ojs.aut.ac.nz/applied-finance-letters/article/view/536 |
| _version_ | 1818474635228872704 |
|---|---|
| author | Yiuman Tse |
| author_facet | Yiuman Tse |
| author_sort | Yiuman Tse |
| collection | DOAJ |
| description |
Oil price uncertainty has a negative and significant impact on stock returns during the period of 2003–2020 but not the earlier period of 1984–2002. The impact of stock price uncertainty on oil returns for both periods is not significant. Oil price uncertainty is important in examining stock price movement, particularly during years of financial crises. Cross-market causalities in returns and volatilities are not significant in both directions.
|
| first_indexed | 2024-04-14T04:39:58Z |
| format | Article |
| id | doaj.art-804dc8f2964c4e8ea25b750ba8d1c326 |
| institution | Directory Open Access Journal |
| issn | 2253-5799 2253-5802 |
| language | English |
| last_indexed | 2024-04-14T04:39:58Z |
| publishDate | 2022-05-01 |
| publisher | Tuwhera Open Access Publisher |
| record_format | Article |
| series | Applied Finance Letters |
| spelling | doaj.art-804dc8f2964c4e8ea25b750ba8d1c3262022-12-22T02:11:42ZengTuwhera Open Access PublisherApplied Finance Letters2253-57992253-58022022-05-0111110.24135/afl.v11i1.536THE IMPACT OF OIL PRICE UNCERTAINTY ON US STOCK RETURNSYiuman Tse0University of Missouri Oil price uncertainty has a negative and significant impact on stock returns during the period of 2003–2020 but not the earlier period of 1984–2002. The impact of stock price uncertainty on oil returns for both periods is not significant. Oil price uncertainty is important in examining stock price movement, particularly during years of financial crises. Cross-market causalities in returns and volatilities are not significant in both directions. https://ojs.aut.ac.nz/applied-finance-letters/article/view/536 |
| spellingShingle | Yiuman Tse THE IMPACT OF OIL PRICE UNCERTAINTY ON US STOCK RETURNS Applied Finance Letters |
| title | THE IMPACT OF OIL PRICE UNCERTAINTY ON US STOCK RETURNS |
| title_full | THE IMPACT OF OIL PRICE UNCERTAINTY ON US STOCK RETURNS |
| title_fullStr | THE IMPACT OF OIL PRICE UNCERTAINTY ON US STOCK RETURNS |
| title_full_unstemmed | THE IMPACT OF OIL PRICE UNCERTAINTY ON US STOCK RETURNS |
| title_short | THE IMPACT OF OIL PRICE UNCERTAINTY ON US STOCK RETURNS |
| title_sort | impact of oil price uncertainty on us stock returns |
| url | https://ojs.aut.ac.nz/applied-finance-letters/article/view/536 |
| work_keys_str_mv | AT yiumantse theimpactofoilpriceuncertaintyonusstockreturns AT yiumantse impactofoilpriceuncertaintyonusstockreturns |