The impact of oil prices on sectoral returns: an empirical analysis from Borsa Istanbul
Oil prices affecting production costs, inflation rates and therefore economic growth have a direct impact on stock market returns. In the last two decades sharp increases in oil prices led way to stock market collapses which were transmitted to the global economy as downturns. This paper examines th...
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Format: | Article |
Language: | English |
Published: |
General Association of Economists from Romania
2013-12-01
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Series: | Theoretical and Applied Economics |
Subjects: | |
Online Access: |
http://store.ectap.ro/articole/929.pdf
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