OUTPUT, STOCK VOLATILITY, AND POLITICAL UNCERTAINTY IN A NATURAL EXPERIMENT: GERMANY, 1880-1940
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As we can see, the findings of the little available work on GCC countries are contradictory.
These findings are puzzling because the GCC countries are heavy oil exporters and have
similar economic structures. Furthermore, the GCC economies are oil dependent and are thus
sensitive to oil price changes. But previous results are based on country analysis and use time
series data from relatively short periods. Our paper differs from previous studies by applying
a recent bootstrap panel causality test to examine the relationship between oil and stock
markets in GCC countries. ...
Nội dung trích xuất từ tài liệu:
OUTPUT, STOCK VOLATILITY, AND POLITICAL UNCERTAINTY IN A NATURAL EXPERIMENT: GERMANY, 1880-1940
Nội dung trích xuất từ tài liệu:
OUTPUT, STOCK VOLATILITY, AND POLITICAL UNCERTAINTY IN A NATURAL EXPERIMENT: GERMANY, 1880-1940
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