Investment and oil price volatility

Susan Sharma and Paresh Narayan ()

Economics Bulletin, 2012, vol. 32, issue 2, 1428-1433

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.

Keywords: Oil Price; Volatility; Time Series; Firms; Returns. (search for similar items in EconPapers)
JEL-codes: C1 D4 (search for similar items in EconPapers)
Date: 2012-05-14
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Citations: View citations in EconPapers (2)

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Working Paper: Investment and oil price volatility (2011)
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