Analysing the Effect of Oil Price Shocks on Asset Prices: Evidence from UK Firms
This study examines the responses of some of the UK transportation, travel and leisure, and oil and gas firms to oil price changes. Fama-French-Carhart's (1997) four-factor asset pricing model is augmented with the oil price risk factor to study the association of oil and stock prices of 25 fir...
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| Format: | Article |
| Language: | English |
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EconJournals
2017-12-01
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| Series: | International Journal of Economics and Financial Issues |
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| Online Access: | https://dergipark.org.tr/tr/pub/ijefi/issue/32006/353573?publisher=http-www-cag-edu-tr-ilhan-ozturk |