A Markov switching approach in assessing oil price and stock market nexus in the last decade: The impact of the COVID-19 pandemic

• المؤلفون الرئيسيون: Phoong, Seuk Wai, Mahi, Masnun Al, Phoong, Seuk Yen
• التنسيق: مقال
• منشور في: 2023
• الموضوعات: H Social Sciences (General); HB Economic Theory
• الوصول للمادة أونلاين: http://eprints.um.edu.my/39086/

We revisit the oil price and stock market nexus by considering the impact of major economic shocks in the post-global financial crisis (GFC) scenario. Our breakpoint unit root test and Markov switching regression (MRS) analyses using West Texas Intermediate (WTI) oil price and Standard & Poor�...