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AN EMPIRICAL INVESTIGATION OF THE IMPACT OF THE ACCOUNCEMENT OF CAPITALISATION ISSUES ON SHARE PRICES

✍ Scribed by MICHAEL FIRTH

Book ID
111104822
Publisher
John Wiley and Sons
Year
1977
Tongue
English
Weight
533 KB
Volume
4
Category
Article
ISSN
0306-686X

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The impact of oil prices on GDP in European countries: An empirical investigation based on asymmetric cointegration
✍ Sandrine Lardic; ValΓ©rie Mignon πŸ“‚ Article πŸ“… 2006 πŸ› Elsevier Science 🌐 English βš– 168 KB

This paper investigates the existence of a long-term relationship between oil prices and GDP in 12 European countries. To account for the fact that economic activity responds asymmetrically to oil price shocks, we propose an approach based on asymmetric cointegration. Our results show that, while st