Analysing the Effect of Oil Price Shocks on Asset Prices: Evidence from UK Firms

Cilt: 7 Sayı: 4 1 Aralık 2017
  • Fatema Alaali
International Journal of Economics and Financial Issues Kapak
International Journal of Economics and Financial Issues
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Analysing the Effect of Oil Price Shocks on Asset Prices: Evidence from UK Firms

Abstract

This study examines the responses of some of the UK transportation, travel and leisure, and oil and gas firms to oil price changes. Fama-French-Carhart's (1997) four-factor asset pricing model is augmented with the oil price risk factor to study the association of oil and stock prices of 25 firms over the period from January 1998 to December 2012. The extent of the exposure of UK firms to oil price changes is heterogeneous, asymmetric and differs according to the economic situation. These results should be of interest to financial analysts, corporate executives, regulators and policy makers.

Keywords

Ayrıntılar

Birincil Dil

İngilizce

Konular

-

Bölüm

-

Yazarlar

Fatema Alaali Bu kişi benim

Yayımlanma Tarihi

1 Aralık 2017

Gönderilme Tarihi

1 Aralık 2017

Kabul Tarihi

-

Yayımlandığı Sayı

Yıl 2017 Cilt: 7 Sayı: 4

IZ

https://izlik.org/JA52WU93BC

Kaynak Göster

RIS / Bibtex
APA
Alaali, F. (2017). Analysing the Effect of Oil Price Shocks on Asset Prices: Evidence from UK Firms. International Journal of Economics and Financial Issues, 7(4), 418-432. https://izlik.org/JA52WU93BC
AMA
1.Alaali F. Analysing the Effect of Oil Price Shocks on Asset Prices: Evidence from UK Firms. IJEFI. 2017;7(4):418-432. https://izlik.org/JA52WU93BC
Chicago
Alaali, Fatema. 2017. “Analysing the Effect of Oil Price Shocks on Asset Prices: Evidence from UK Firms”. International Journal of Economics and Financial Issues 7 (4): 418-32. https://izlik.org/JA52WU93BC.
EndNote
Alaali F (01 Aralık 2017) Analysing the Effect of Oil Price Shocks on Asset Prices: Evidence from UK Firms. International Journal of Economics and Financial Issues 7 4 418–432.
IEEE
[1]F. Alaali, “Analysing the Effect of Oil Price Shocks on Asset Prices: Evidence from UK Firms”, IJEFI, c. 7, sy 4, ss. 418–432, Ara. 2017, [çevrimiçi]. Erişim adresi: https://izlik.org/JA52WU93BC
ISNAD
Alaali, Fatema. “Analysing the Effect of Oil Price Shocks on Asset Prices: Evidence from UK Firms”. International Journal of Economics and Financial Issues 7/4 (01 Aralık 2017): 418-432. https://izlik.org/JA52WU93BC.
JAMA
1.Alaali F. Analysing the Effect of Oil Price Shocks on Asset Prices: Evidence from UK Firms. IJEFI. 2017;7:418–432.
MLA
Alaali, Fatema. “Analysing the Effect of Oil Price Shocks on Asset Prices: Evidence from UK Firms”. International Journal of Economics and Financial Issues, c. 7, sy 4, Aralık 2017, ss. 418-32, https://izlik.org/JA52WU93BC.
Vancouver
1.Fatema Alaali. Analysing the Effect of Oil Price Shocks on Asset Prices: Evidence from UK Firms. IJEFI [Internet]. 01 Aralık 2017;7(4):418-32. Erişim adresi: https://izlik.org/JA52WU93BC