The interacting impact between the crude oil prices and the stock market indices in China is investigated in the present paper, and the corresponding statistical behaviors are also analyzed. The database is based on the crude oil prices of Daqing and Shengli in the 7-year period from January 2003 to December 2009 and also on the indices of SHCI, SZCI, SZPI, and SINOPEC with the same time period...

A large number of studies have confirmed that oil speculation has played a vital role in price fluctuation recent years. However, the heterogeneous impact financialization on not received enough attention. Based time series data from January 1990 to October 2021, this paper adopts Time-Varying Parameter Vector Auto-Regression (TVP-VAR) model and Ensemble Empirical Mode Decomposition (EEMD) meth...

One of the most significant discussion and challenges propounded in the macroeconomics is the effects of fluctuations of exchange rate on the macroeconomic variables (production, employment, inflation and … etc).In this direction, the important and noticeable point is the factors which lead to fluctuations in the exchange rate which, from amongst these factors as an example, is fluctuations in ...

Energy consumption has been essential to societies; because societies depend on the rising provisions of energy to meet their requirements for goods and services and endorse sustainable development. The major source of energy nowadays is oil; oil consumption is dependent on oil availability, production and price. Several Arab countries are considered as major suppliers of oil in the world; cons...

The study is an attempt to examine empirically the effects of oil price shock on current account imbalances. analysis carried out cross-country panel 160 countries that are divided into three different groups base their level imports. relationship between and imbalances rigorously assessed using two approaches. Firstly, seemingly unrelated regression models used estimate with transmission chann...

The present study was aimed to investigate the effects of oil price shocks on discretionary fiscal policies in selected OPEC countries during 1980-2015. In this regard, the heterogeneous dynamic reaction to structural shock was examined using Panel Structural Vector Autoregressive (PSVAR) technique. Based on the findings, the effect of oil price shocks on discretionary fiscal policy was positiv...