Asymmetric response of carbon emissions to recessions and expansions and oil market shocks

2021 ◽  
Author(s):  
Xueting Jiang ◽  
David I. Stern
Keyword(s):  
Carbon Emissions ◽  
Oil Market ◽  
Asymmetric Response ◽  
Market Shocks

scholarly journals Oil Market Shocks and Financial Instability in Asian Countries

2021 ◽  
Author(s):  
Fakhri Hasanov
Keyword(s):  
Stock Market ◽  
Financial Markets ◽  
Oil Prices ◽  
Financial Instability ◽  
Asian Countries ◽  
Fair Share ◽  
Economic Variables ◽  
Oil Market ◽  
Market Shocks ◽  
The Relationship

There is no commodity whose interlinkages with the macroeconomy have been studied as extensively as oil, starting with Hamilton’s (1983) seminal study. Thousands of subsequent studies have examined the relationship between oil prices and various economic variables, including the stock market. This strand of the literature began with the pioneering work of Kling (1985). Since then, other financial markets, such as banking, have also received a fair share of analysis.

Global crude oil market shocks and global commodity prices

2018 ◽  
Vol 43 (1) ◽  
pp. 92-105 ◽  
Author(s):  
Mark Melichar ◽  
Bebonchu Atems
Keyword(s):  
Crude Oil ◽  
Commodity Prices ◽  
Oil Market ◽  
Market Shocks

DO GLOBAL CRUDE OIL MARKET SHOCKS HAVE DIFFERENTIAL EFFECTS ON US REGIONS?

2017 ◽  
Vol 23 (5) ◽  
pp. 1978-2008 ◽  
Author(s):  
Bebonchu Atems ◽  
Mark Melichar
Keyword(s):  
Crude Oil ◽  
Aggregate Demand ◽  
Personal Income ◽  
Oil Shocks ◽  
Demand And Supply ◽  
Demand Shocks ◽  
Industrial Composition ◽  
Oil Market ◽  
Supply Shocks ◽  
Market Shocks

The paper investigates whether US regions respond differently to shocks in the crude oil market. We disentangle oil market shocks into distinct demand and supply shocks and examine the response of regional personal income to these shocks. Results indicate that for most regions, oil supply shocks decrease real personal income. Except for the Rocky Mountains and the Southwest, global aggregate demand shocks are recessionary, typically about a year and a half after the shock. When we split our data into oil-producing and non-oil-producing regions, we find that global aggregate demand shocks have no effect on oil-producing regions but cause a decrease in income in non-oil-producing regions. Our analysis further indicates that oil-specific demand shocks have positive and persistent impacts on oil-producing regions but are recessionary in non-oil-producing regions. We also document significant asymmetries in the regional responses to small versus large oil shocks. In addition, the paper shows that regional differences in industrial composition explain some of the variation in the responses of real regional personal income to oil shocks.

The Effects of Oil Market Events on Carbon Emissions: A 2016 Case Study

2017 ◽  
Author(s):  
Mohammadhussein Rafieisakhaei ◽  
Babak Barazandeh
Keyword(s):  
Carbon Emissions ◽  
Oil Market

scholarly journals Time-varying effect of oil market shocks on the stock market

2015 ◽  
Vol 61 ◽  
pp. S150-S163 ◽  
Author(s):  
Wensheng Kang ◽  
Ronald A. Ratti ◽  
Kyung Hwan Yoon
Keyword(s):  
Stock Market ◽  
Time Varying ◽  
Oil Market ◽  
Market Shocks

scholarly journals Do structural oil-market shocks affect stock prices?

2009 ◽  
Vol 31 (4) ◽  
pp. 569-575 ◽  
Author(s):  
Nicholas Apergis ◽  
Stephen M. Miller
Keyword(s):  
Stock Prices ◽  
Oil Market ◽  
Market Shocks
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