Azar, Samih Antoine; Basmajian, Loucine - In: International Journal of Economics and Financial Issues 3 (2013) 2, pp. 294-304
The purpose of this paper is to test the impact of oil price shocks on the stock markets of the two biggest and most liquid GCC equity markets, those of Kuwait and Saudi Arabia. It is expected that the two stock markets react similarly to oil price shocks. Actually the results show heterogeneity...
