Oil price shocks and stock returns nexus for Malaysia: Fresh evidence from nonlinear ARDL test
In this research, we examined whether appreciation and depreciation in oil price, interest rate, exchange rate, industrial production, and inflation have the same effects on the stock market returns by using nonlinear autoregressive distributed lag (nonlinear ARDL). All nine economic sectors and agg...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2018-11-01
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| Series: | Energy Reports |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2352484718301264 |