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Investment and oil price volatility

journal contribution
posted on 01.01.2012, 00:00 authored by Susan SharmaSusan Sharma, Paresh Narayan
In this note, we consider the relationship between oil price volatility and firm returns for 560 firms listed on the New York Stock Exchange. Using daily time series data from 2000 to 2008, we find that oil price volatility increases firm returns for the majority of the firms in our sample.

History

Journal

Economics bulletin

Volume

32

Issue

2

Pagination

1428 - 1433

Publisher

Economics Bulletin

Location

Nashville, Tenn.

ISSN

1545-2921

Language

eng

Publication classification

C1 Refereed article in a scholarly journal

Copyright notice

2012, Economics Bulletin