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The DOI matches its Crossref record; 1 of the 1 references it cites were found in a registry or an index.

THE IMPACT OF OIL PRICE SHOCKS ON THE U.S. STOCK MARKET*

Kilian, Lutz, Park, Cheolbeom·2009·International Economic Review
DOI 10.1111/j.1468-2354.2009.00568.x
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Abstract

It is shown that the reaction of U.S. real stock returns to an oil price shock differs greatly depending on whether the change in the price of oil is driven by demand or supply shocks in the oil market. The demand and supply shocks driving the global crude oil market jointly account for 22% of the long‐run variation in U.S. real stock returns. The responses of industry‐specific U.S. stock returns to demand and supply shocks in the crude oil market are consistent with accounts of the transmission of oil price shocks that emphasize the reduction in domestic final demand.

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Citations

Cites

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Metadata

Authors
Kilian, L., & Park, C.
Venue
International Economic Review
Publisher
Wiley
Published
2009-10-26
Volume
50
Issue
4
Pages
1267-1287
ISSN
  • 0020-6598 (ISSN-L)
  • 1468-2354
DOI
10.1111/j.1468-2354.2009.00568.x
OpenAlex
W1973809982
Cited by
1,836
References
1
FWCI
73.97
Type
journal article
Language
en
Open access
closed
Licence
onlinelibrary.wiley.com/termsAndConditions#vor (vor)

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CoChat. (2026). Citation check: THE IMPACT OF OIL PRICE SHOCKS ON THE U.S. STOCK MARKET*. https://app.cochat.ai/papers/10.1111/j.1468-2354.2009.00568.x
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Kilian, L., & Park, C. (2009). THE IMPACT OF OIL PRICE SHOCKS ON THE U.S. STOCK MARKET*. International Economic Review. https://doi.org/10.1111/j.1468-2354.2009.00568.x

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Bibliographic data: Semantic Scholar, OpenAlex, Crossref.

Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.