This research investigates whether the liquidity levels of marketing oil and gas companies quoted on the Nigerian Stock Exchange were affected by the 2007-2010 financial crises. A paired sample t-test was performed by comparing the means values of companies during the pre-financial crises and...

This paper examines the relationship between systemic risk measures across 546 financial institutions in major petroleum-based economies and oil movements. In this paper, we follow two steps. In the first step, we estimate the delta conditional VaR (CoVaR) for the financial institutions and...