Oil price shocks and the hedging benefit of airline investments
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DOI: 10.1016/j.jedc.2022.104507
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- Jochen Güntnher & Peter Öhlinger, 2021. "Oil Price Shocks and the Hedging Benefit of Airline Investments," Economics working papers 2021-14, Department of Economics, Johannes Kepler University Linz, Austria.
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- Ioannis Arampatzidis & Theodore Panagiotidis, 2022. "On the identification of the oil-stock market relationship," Working Paper series 22-15, Rimini Centre for Economic Analysis.
- Liang, Ruibin & Cheng, Sheng & Cao, Yan & Li, Xinran, 2024. "Multi-scale impacts of oil shocks on travel and leisure stocks: A MODWT-Bayesian TVP model with shrinkage approach," Technological Forecasting and Social Change, Elsevier, vol. 200(C).
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More about this item
Keywords
Airline excess returns; Bayesian SVAR model; Hedging; Oil price shocks;All these keywords.
JEL classification:
- C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
- L71 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Mining, Extraction, and Refining: Hydrocarbon Fuels
- L93 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Air Transportation
- Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices
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