Jebran, Khalil; Chen, Shihua; Saeed, Gohar; Zeb, Alam - In: Financial innovation : FIN 3 (2017) 2, pp. 1-12
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: The analyses are carried out on daily data for …. We find a significant effect of oil price volatility on the stock market in both sub-periods from the GARCH model …