Impact of macroeconomic variables on the performance of stock exchange: a systematic review

RK Verma, R Bansal - International Journal of Emerging Markets, 2021 - emerald.com
Purpose This paper aims to identify various macroeconomic variables that affect the stock
market performance of developed and emerging economies. It also investigates the effect of …

Financial development and natural resources. Is there a stock market resource curse?

A Ali, S Ramakrishnan - Resources Policy, 2022 - Elsevier
This study empirically investigates the financial resource curse, particularly the stock market
resource curse, using data from the period 2002-Q1 to 2018-Q4, by considering the natural …

The influence of the international oil prices on the real effective exchange rate in Romania in a wavelet transform framework

AK Tiwari, MI Mutascu, CT Albulescu - Energy Economics, 2013 - Elsevier
The purpose of this paper is to assess the empirical influence of oil prices on the real
effective exchange rate in Romania in a wavelet transform framework. More precisely, we …

Symmetric and asymmetric effects of crude oil price and exchange rate on stock market performance in Nigeria: Evidence from multiple structural break and NARDL …

KI Okere, OB Muoneke, FC Onuoha - The Journal of International …, 2021 - Taylor & Francis
This study explores the linear and non-linear impact of Nigeria's oil price and exchange rate
on stock market performance from January 1995 to December 2019 using the non-linear …

Predicting stock returns using crude oil prices: A firm level analysis of Nigeria's oil and gas sector

W Adekunle, AM Bagudo, M Odumosu, SB Inuolaji - Resources Policy, 2020 - Elsevier
The decision over asset holding is traditionally premised on the double-edge objective of
returns maximization and risk minimization. While the class of assets held by a typical …

Oil prices and African stock markets co-movement: A time and frequency analysis

GAZ Gourène, P Mendy - Journal of African Trade, 2018 - Springer
This paper examines the co-movement between OPEC (Organization of Petroleum
Exporting Countries) oil prices and the six largest African stock markets. We used wavelet …

Linkages among energy price, exchange rates and stock markets: Evidence from emerging African economies

AD Ahmed, R Huo - Applied Economics, 2020 - Taylor & Francis
This study examines the dynamic links among oil prices, foreign exchange rates and stock
markets in emerging Africa using recent 10 years data and VAR-BEKK-GARCH forecasting …

Brent prices and oil stock behaviors: evidence from Nigerian listed oil stocks

A Uzo-Peters, T Laniran, A Adenikinju - Financial Innovation, 2018 - Springer
Background Given the shale oil glut that culminated in the most recent and continuing oil
price drop from June 2014 and the global financial crisis of 2008 that triggered a cyclical …

Dynamics of oil price shocks and stock market behavior in Pakistan: evidence from the 2007 financial crisis period

K Jebran, S Chen, G Saeed, A Zeb - Financial Innovation, 2017 - Springer
Background The aim of this study is to investigate the effect of the oil price and its volatility
on the stock market of Pakistan before and after the 2007 financial crisis period. Methods …

Exchange rate policy and falling crude oil prices: Effect on the Nigerian stock market

TW Abraham - CBN Journal of Applied Statistics (JAS), 2016 - dc.cbn.gov.ng
This paper examines the effect of crude oil price movement on the Nigerian stock market
and the role of exchange rate as a plausible countercyclical policy tool. Daily data on All …