Article ID Journal Published Year Pages File Type
5083771 International Review of Economics & Finance 2012 17 Pages PDF
Abstract
► We find that 20% of US industry returns are predicted by oil spot price changes. ► Changes in oil futures prices do not predict returns. ► We find a 6 to 10 day lag in reaction to oil price changes in industry returns.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
U.S. industry-level returns and oil prices
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