Kang, Wensheng; Ratti, Ronald A. - Volkswirtschaftliche Fakultät, … - 2013
Oil price shocks and economic policy uncertainty are interrelated and influence stock market return. For the U.S. an … demand shock (indicating greater concern about future oil supplies) significantly raises economic policy uncertainty and … uncertainty responses. Economic policy uncertainty and oil-market specific demand shock account for 19% and 12% of the long …