Template-Type: ReDIF-Article 1.0 
Author-Name: K.P. Prabheesh  
Author-Name:   Rakesh Padhan  
Author-Name:   Bhavesh Garg
Author-Email:  contact.apaea@gmail.com
Author-Workplace-Name: Asia Pacific Applied Economics Association
Title: COVID-19 and the Oil Price – Stock Market Nexus - Evidence From Net Oil-Importing Countries
Abstract:  This study focuses on the relation between stock price returns and oil price returns covering the COVID-19 period. This relation is examined for major net oil-importing Asian countries. Utilizing daily data, we fit a DCC-GARCH model. We find evidence of a positive co-movement between oil price returns and stock price returns during the COVID-19 period. This indicates that falling oil prices act as a negative signal for the stock market.
Classification-JEL:  O
Keywords:  covid-19, oil prices, stock market
Journal:  Energy RESEARCH LETTERS
Pages: 1-4
Volume: 1
Issue: 1
Year:  2021
DOI:  2021/06/16
File-URL:  https://erl.scholasticahq.com/api/v1/articles/13745-covid-19-and-the-oil-price-stock-market-nexus-evidence-from-net-oil-importing-countries.pdf
File-Format:  Application/pdf
Handle: RePEc:ayb:jrnerl:20