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Time-varying impact of oil prices on sectoral stock returns: Evidence from Turkey
Nazif Çatık, A.; Huyugüzel Kışla, G.; Akdeniz, Coşkun (Elsevier Ltd, 2020)This article analyzes the impact of oil price changes on the sectoral stock-market returns of Turkey. For this purpose, asset-pricing models augmented with oil price and exchange rate changes are estimated using daily ...