Evidence map›Paper›PMID 34898815›Full record

ArticleEconomic analysis and policy2022

Oil price, US stock market and the US business conditions in the era of COVID-19 pandemic outbreak.

Shunsuke Managi, Mohamed Yousfi, Younes Ben Zaied, Nejah Ben Mabrouk, Béchir Ben Lahouel

Abstract read
In one paragraph

Article in Economic analysis and policy, 2022. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 4 papers.

0numbers the graph read from it
0cells of the map it votes in
4citing papers in PubMed
–field-weighted citation impact
1 · What the graph read from it

What it found

Each row is one number read from the abstract, on the scale the paper reported it, with its interval. Left of the dashed line favours the treatment, right favours the comparator. Under each row is the sentence it came from. New to these charts? A ten-minute tutorial.

The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.

2 · The registry

The trial behind it

Trials whose registry record cites this paper, or whose number appears in the abstract. A trial that started after this paper was published is citing it as background, not reporting it.

Neither the registry nor the abstract names a trial number. If this is a trial report, that itself is worth knowing.

3 · Its place in the literature

Who cites it

4 citing papers in PubMed.

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4 · The record

Corrections and comments

PubMed lists nothing against this paper. Absence here is not a guarantee, only a check that was made.

5 · Who and what money

Authors and funding

5 authors.

Shunsuke ManagiKyushu University, Japan.
Mohamed YousfiIHEC Sousse, University of Sousse, Tunisia.
Younes Ben ZaiedOCRE, EDC Paris Business School, Paris, France.
Nejah Ben MabroukDepartment of Management Information Systems and Production Management, College of Business and Economics (CBE) - Qassim University, Buridah, Kingdom of Saudi Arabia.
Béchir Ben LahouelIPAG Business School, Paris, France.

Funding

No grant is acknowledged in the PubMed record.

6 · The paper itself

Abstract

This paper contributes to Covid-19 outbreak impacts literature. We investigate the connectedness between stock market and oil prices under bullish and bearish economic conditions and uncertainty level at different investment horizons. We applied the wavelet framework on daily dataset cover the pre-COVID-19 and COVID-19 period. We find that the linkage between the economic and financial pairs is characterized by significant changes over the time during the sample period, where the huge co-movements has been identified during the pandemic period at the low scale. We show that due to lockdown policy and oil price shock, the stock return decline, the aggregate business conditions reached its lowest level and the uncertainty increase. The result indicates that the COVID-19 outbreak negatively affects the economy and the financial markets and support the sensitivity, especially between oil-stock, and economic condition and uncertainty.

Indexed as

COVID-19 pandemicOil-stock co-movementUS business conditionsWavelet

Identifiers

PMID34898815
PMCPMC8648370

What OpenQuestion holds

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Registered trials

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Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.