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Oil and Exchange Rate Impact on BRICS Stocks by Huyền Trân is a document available to read on EtoBox.
This study analyzes the asymmetric effects of crude oil prices and exchange rates on stock market returns in BRICS countries from 2009 to 2020 using wavelet quantile regression. The findings indicate that positive shocks from oil prices significantly impact bull markets, while negative shocks affect bear markets more severely, with short-term enhancements observed. The research highlights the importance of considering both oil prices and exchange rates together for better insights into stock market dynamics
- Author
- Huyền Trân
- Language
- EN