Studies on Entrepreneurship, Structural Change and Industrial Dynamics
Book Chapter
J Leitao
J Ferreira
Publication
Abstract
Recent oil price developments contribute to renewed interest in the subject of oil shocks regarding international stock market performance. In this connection, this study uses a structural VAR (SVAR) model to evaluate the impact of BRENT and WTI crude oil price effects on the Dow Jones, DAX, CAC, ATHENS Composite, and PSI20 performance. The dynamic analysis gives support to the nonsignificant effects of oil prices on the US and Eurozone markets.
Year of Publication:
2021
Identifiers
ISBN:
2511-2023
Other Numbers:
2-s2.0-85118787687
Locators
DOI:
10.1007/978-3-030-59959-1_7
Sustainable Development Goals
