Assessing the impact of oil returns on emerging stock markets : A panel data approach for ten Central and Eastern European Countries

@inproceedings{Asteriou2013AssessingTI,
  title={Assessing the impact of oil returns on emerging stock markets : A panel data approach for ten Central and Eastern European Countries},
  author={Dimitrios Asteriou and Yuliya Bashmakova},
  year={2013}
}
  • Dimitrios Asteriou, Yuliya Bashmakova
  • Published 2013
a r t i c l e i n f o JEL classification: G12 G15 Q43 Keywords: Panel data Emerging stock markets Market risk Oil price risk This paper uses an international multi-factor model in order to investigate the relationship between oil price risk and stock market returns for the emerging capital markets of the Central and Eastern European Countries (CEECs). A panel data approach is being employed for the period covering 22 October 1999 until 23 August 2007. The oil price beta is found to be negative… CONTINUE READING