The impact of the price of oil on the stock and bond markets during the crisis in the Persian Gulf : an honors thesis (HONRS 499)

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Authors
Burgin, Gordon D.
Advisor
Rathinasamy, Rathin S.
Issue Date
1991
Keyword
Degree
Thesis (B.?)
Department
Honors College
Other Identifiers
Abstract

This study addressed the impact of the oil price on several stock and bond indices during the Persian Gulf Crisis. Daily data were used in standard regression techniques to determine the impact of the oil price. It was found that the oil price had a tremendous negative impact on the S&P 500, the Dow Jones Industrial Average and the Dow Jones Transportation Average, while the price of oil had little explanatory power concerning bond prices.