How Do Oil Price Changes Affect German Stock Returns?

In this article, the effects of oil price changes on the stock return of 17 German DAX companies are studied from February 1982 to July 2007. By applying panel estimations, we initially identify a nonlinear and asymmetric relationship between oil prices (quoted in US dollar) and the German stock mar...

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Bibliographic Details
Main Authors: Laura Cüppers, Dieter Smeets
Format: Article
Language:English
Published: EconJournals 2015-03-01
Series:International Journal of Energy Economics and Policy
Subjects:
Online Access:https://dergipark.org.tr/tr/pub/ijeeep/issue/31912/350883?publisher=http-www-cag-edu-tr-ilhan-ozturk