Oil Price Risk and Stock Markets
The oil price risk refers to the uncertainty of the change in oil price and the stock markets studied in this paper are the so called emerging ones. Fourteen countries are selected for a quantitative research on the link between the oil price fluctuation and the stock market performance. A multi-fac...
| Main Author: | |
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
| Published: |
2012
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| Online Access: | https://eprints.nottingham.ac.uk/25566/ |
| _version_ | 1848793006481604608 |
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| author | NIU, HUI |
| author_facet | NIU, HUI |
| author_sort | NIU, HUI |
| building | Nottingham Research Data Repository |
| collection | Online Access |
| description | The oil price risk refers to the uncertainty of the change in oil price and the stock markets studied in this paper are the so called emerging ones. Fourteen countries are selected for a quantitative research on the link between the oil price fluctuation and the stock market performance. A multi-factor model is applied and specifically an OLS regression is conducted separately for the data on Brazilian stock market. As a result, the rising oil price decreases stock price in oil-importing countries and the rising oil price encourages the emerging stock market in oil-exporting countries. However, the relationship between the exchange rate change and the stock market is unveiled.
Key words: oil price risk, emerging stock markets, OLS |
| first_indexed | 2025-11-14T18:53:26Z |
| format | Dissertation (University of Nottingham only) |
| id | nottingham-25566 |
| institution | University of Nottingham Malaysia Campus |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T18:53:26Z |
| publishDate | 2012 |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | nottingham-255662017-12-25T22:27:51Z https://eprints.nottingham.ac.uk/25566/ Oil Price Risk and Stock Markets NIU, HUI The oil price risk refers to the uncertainty of the change in oil price and the stock markets studied in this paper are the so called emerging ones. Fourteen countries are selected for a quantitative research on the link between the oil price fluctuation and the stock market performance. A multi-factor model is applied and specifically an OLS regression is conducted separately for the data on Brazilian stock market. As a result, the rising oil price decreases stock price in oil-importing countries and the rising oil price encourages the emerging stock market in oil-exporting countries. However, the relationship between the exchange rate change and the stock market is unveiled. Key words: oil price risk, emerging stock markets, OLS 2012-12 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/25566/1/dissertation_by_HUI_NIU.pdf NIU, HUI (2012) Oil Price Risk and Stock Markets. [Dissertation (University of Nottingham only)] (Unpublished) |
| spellingShingle | NIU, HUI Oil Price Risk and Stock Markets |
| title | Oil Price Risk and Stock Markets |
| title_full | Oil Price Risk and Stock Markets |
| title_fullStr | Oil Price Risk and Stock Markets |
| title_full_unstemmed | Oil Price Risk and Stock Markets |
| title_short | Oil Price Risk and Stock Markets |
| title_sort | oil price risk and stock markets |
| url | https://eprints.nottingham.ac.uk/25566/ |