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LUND UNIVERSITY LIBRARIES

Energy Prices and the Stock Market

Hellman, Erik LU and Puerto Gustafsson, Alexander LU (2011) NEKK01 20102
Department of Economics
Abstract
The aim of this thesis is to examine the effect changes in oil, coal, natural gas and electricity prices have on the stock market. Using a linear regression approach, we study nine market sectors in Sweden and Norway from January 1996 to November 2010. Previous research has in some cases shown that oil prices have a impact on the stock market. We expand this research by including more energy variables. Our main finding is that oil has a positive impact on both markets but with a larger effect on the Norwegian. The impact of the other energy variables is limited and differs between sectors making it hard to draw any general conclusion.
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author
Hellman, Erik LU and Puerto Gustafsson, Alexander LU
supervisor
organization
course
NEKK01 20102
year
type
M2 - Bachelor Degree
subject
language
English
id
1786295
date added to LUP
2011-02-17 10:12:18
date last changed
2011-02-17 10:12:18
@misc{1786295,
  abstract     = {{The aim of this thesis is to examine the effect changes in oil, coal, natural gas and electricity prices have on the stock market. Using a linear regression approach, we study nine market sectors in Sweden and Norway from January 1996 to November 2010. Previous research has in some cases shown that oil prices have a impact on the stock market. We expand this research by including more energy variables. Our main finding is that oil has a positive impact on both markets but with a larger effect on the Norwegian. The impact of the other energy variables is limited and differs between sectors making it hard to draw any general conclusion.}},
  author       = {{Hellman, Erik and Puerto Gustafsson, Alexander}},
  language     = {{eng}},
  note         = {{Student Paper}},
  title        = {{Energy Prices and the Stock Market}},
  year         = {{2011}},
}