Oil shocks and volatility jumps

In this paper, we analyse the role of oil price shocks, derived from expectations of consumers, economists, financial market, and policymakers, in predicting volatility jumps in the S&P500 over the monthly period of 1988:01–2015:02, with the jumps having been computed based on daily data over th...

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Bibliographic Details
Main Authors: Konstantinos Gkillas, Rangan Gupta, Mark Wohar
Format: Default Article
Published: 2019
Subjects:
Online Access:https://hdl.handle.net/2134/37192
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