Investment and oil price volatility

Susan Sunila Sharma, Paresh Kumar Narayan

Research output: Contribution to journalArticleResearchpeer-review

2 Citations (Scopus)

Abstract

In this note, we consider the relationship between oil price volatility and firm returns for 560 firms listed on the New York Stock Exchange. Using daily time series data from 2000 to 2008. we find that oil price volatility increases firm returns for the majority of the firms in our sample.

Original languageEnglish
Pages (from-to)1428-1433
Number of pages6
JournalEconomics Bulletin
Volume32
Issue number2
Publication statusPublished - 2012
Externally publishedYes

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