Relationship between oil prices and stock market in Lebanon.
| dc.contributor.author | El Hariri, Sadika Muhieddine. | |
| dc.contributor.department | American University of Beirut. Faculty of Arts and Sciences. Department of Economics. | |
| dc.date | 2012 | |
| dc.date.accessioned | 2013-10-02T09:22:05Z | |
| dc.date.available | 2013-10-02T09:22:05Z | |
| dc.date.issued | 2012 | |
| dc.description | Project (M.A.F.E.)--American University of Beirut, Department of Economics, 2012. | |
| dc.description | First Reader : Dr. Leila Dagher, Assistant Professor, Economics--Second Reader : Dr. Isabella Ruble, Assistant Professor, Economics. | |
| dc.description | Includes bibliographical references (leaves 28-31) | |
| dc.description.abstract | This paper studies the dynamic relationship between international crude oil prices and the stock market in Lebanon. In addition to the Lebanese stock index, the impact of oil prices on the development and reconstruction sector is investigated. An unrestricted vector autoregression model is applied on daily data for the period 28-7-2003 to 30-12-2011. The results provide evidence that oil prices and Lebanese stock prices are independent. The findings also suggest that the stock market in Lebanon is inefficient in transmitting new information from the international oil market. | |
| dc.format.extent | x, 31 leaves : ill. ; 30 cm. | |
| dc.identifier.uri | http://hdl.handle.net/10938/9501 | |
| dc.language.iso | en | |
| dc.relation.ispartof | Theses, Dissertations, and Projects | |
| dc.subject.classification | Pj:001716 AUBNO | |
| dc.subject.lcsh | Petroleum industry and trade -- Lebanon. | |
| dc.subject.lcsh | Petroleum products -- Prices -- Lebanon. | |
| dc.subject.lcsh | Stock exchanges -- Lebanon. | |
| dc.title | Relationship between oil prices and stock market in Lebanon. | |
| dc.type | Project |