Browsing by Author "Dogan, Abdullah"

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    Oil Price Shocks During the COVID-19 Pandemic: Evidence From United Kingdom Energy Stocks
    (Asia-Pacific Applied Economics Association, 2021) Mugaloglu, Erhan; Polat, Ali Yavuz; Tekin, Hasan; Dogan, Abdullah; 0000-0001-5362-6259; 0000-0001-5647-5310; AGÜ, Yönetim Bilimleri Fakültesi, Ekonomi Bölümü; Mugaloglu, Erhan; Polat, Ali Yavuz; Dogan, Abdullah
    We investigate the dynamic relationship between global oil prices, the stock market, and oil and gas stock (FTSE-OG) returns in the UK through a structural vector autoregressive (VAR) framework during the COVID-19 pandemic. The structural VAR results suggest that the impact of structural shocks related to the global oil price on FTSE-OG index returns becomes less important and loses its explanatory power during the pandemic. However, stock market shocks increase their explanatory power in the variations of FTSE-OG index returns.