The impact that oil shocks have on stock prices in oil exporting countries has implications for both domestic and international investors. We derive the shocks driving oil prices from a fully-identified structural model of the oil market. We study their nonlinear relationship with stock market...

In this paper, we examine intra-regional patterns of return spillovers between economic sectors of GCC over the period from 2007 to 2021. First, we investigate the connectedness of sectoral equity returns and explore the different patterns and magnitudes. Second, we also find out possible...