Tail dependence between oil and stocks of major oil-exporting countries using the CoVaR approach
نویسندگان
چکیده
منابع مشابه
The Effect of Falling Oil Prices on Major Oil Exporting Countries through Trade and Financial Channels: A GVAR Model
The researches have generally ignored the effect of an oil price shock passing through financial channel. To fill this gap, we examine the impact of a fall in oil price on output and inflation through trade and financial channels by using a Global VAR (GVAR) model in oil-exporting countries. Our sample includes 15 OPEC and non-OPEC oil-exporting countries, 14 oil-importing countries and Europea...
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ژورنال
عنوان ژورنال: Borsa Istanbul Review
سال: 2017
ISSN: 2214-8450
DOI: 10.1016/j.bir.2017.07.001