Oil Price Volatility and MENA Stock Markets: A Comparative Analysis of Oil Exporters and Importers

This paper explores the transmission of volatility from Brent oil price evolution to the stock returns of 7 MENA countries, encompassing three importers and four exporters, after excluding four initial countries using the ARCH test. Employing the GARCH-BEKK estimation method, we detect this transmis...

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Bibliographic Details
Main Authors: Khalil Mhadhbi, Ines Guelbi
Format: Article
Language:English
Published: MDPI AG 2024-09-01
Series:Engineering Proceedings
Subjects:
Online Access:https://www.mdpi.com/2673-4591/68/1/63
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