Journal Article

The Relationship between Oil and Equities at the Zero Lower Bound


Abstract: Economists have observed that the correlation between oil price changes and equity returns changed dramatically after 2008. Before 2008, oil and equity prices were generally uncorrelated, while after 2008 they became highly correlated.

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Bibliographic Information

Provider: Federal Reserve Bank of St. Louis

Part of Series: The Regional Economist

Publication Date: 2018

Volume: 26

Issue: 1

Order Number: 5