Template-Type: ReDIF-Article 1.0 
Author-Name: K.P. Prabheesh
Author-Name: Sanjiv Kumar
Author-Email:  prabheeshkp@gmail.com
Author-Workplace-Name:  Department of Liberal Arts, Indian Institute of Technology, India
Title: The Dynamics of Oil Prices, Exchange Rates, and the Stock Market Under COVID-19 Uncertainty - Evidence From India
Abstract:  This study empirically analyzes the dynamic relation between oil price returns, exchange rates, stock returns, and uncertainty shocks. Utilizing daily data, we employ a structural vector autoregression econometric technique to explore the impact of uncertainty in the Indian context. The study finds that COVID-19–induced uncertainty dampened the oil and stock markets. Further, findings suggest that COVID-19–induced uncertainty distorted the dynamics between oil and stock prices in the initial periods, due to the cautionary approach followed by investors.
Classification-JEL:  D81,O16,F31,Q41
Keywords:  svar,exchange rate,stock return,oil price,uncertainty
Journal:  Energy RESEARCH LETTERS
Pages: 1-6
Volume: 2
Issue: 3
Year:  2021
DOI:  2021/10/14
File-URL:  https://erl.scholasticahq.com/api/v1/articles/27015-the-dynamics-of-oil-prices-exchange-rates-and-the-stock-market-under-covid-19-uncertainty-evidence-from-india.pdf
File-Format:  Application/pdf
Handle:  RePEc:ayb:jrnerl:41