Addressing COP21 using a stock and oil market integration index

COP21 implementation should lead to a decline in the future demand for fossil fuels.One key implication for investors is how to manage this risk. We construct a monthly stock and oil market integration index and demonstrate that oil investors can offset adverse oil price risk by holding diversified...

Full description

Bibliographic Details

Main Authors:	Batten, Jonathan A., Kinateder, Harald, Szilagyi, Peter G., Wagner, Niklas F.
Format:	Article
Published:	Elsevier Ltd. 2018
Subjects:	HB Economic Theory
Online Access:	https://repo.uum.edu.my/id/eprint/24712/ http://doi.org/10.1016/j.enpol.2018.01.048
Tags:	Add Tag No Tags, Be the first to tag this record!