The Impact of" Black Swan" Events on Oil and the European Capital Markets
| dc.contributor.author | Anghel, Lucian Claudiu | |
| dc.contributor.author | Zwak-Cantoriu, Maria Cristina | |
| dc.contributor.author | Obreja, Carmen | |
| dc.contributor.author | Afjal, Mohd | |
| dc.date.accessioned | 2025-10-28T10:59:13Z | |
| dc.date.available | 2025-10-28T10:59:13Z | |
| dc.date.issued | 2024 | |
| dc.description | This is an Open Access article under the CC-BY 4.0 license, available at: https://ecocyb.ase.ro/Articles2024_1.htm The article is published in Economic Computation and Economic Cybernetics Studies and Research, Vol. 58, Issue 1/2024. The author Anghel Lucian Claudiu is affiliated to SNSPA, Faculty of Management. | |
| dc.description.abstract | The price of oil and, indirectly, the performance of the stock indexes were significantly impacted by the evolution of the energy market in the context of the switch to renewable energy sources and the modifications in global energy policy. This paper proposes a comprehensive analysis of several crucial financial field elements, with particular attention to the evolution of stock indices, financial market volatility, and investor response to major events that have recently caused changes in the global economy. Using advanced economic and statistical models, the paper shows the complex relationship between the analysed stock indices, the trends and changes that occurred within them and the relevant influencing factors, such as the price of oil and the Baltic Dry Index.The results of the DCC-GARCH models highlight a significant positive correlation between the stock indices of several European countries, underlining the interconnection of these markets in conditions of increased volatility. | |
| dc.identifier.citation | Anghel, L. C., Zwak-Cantoriu, M. C., Obreja, C., & Afjal, M. (2024). The Impact of" Black Swan" Events on Oil and the European Capital Markets. Economic Computation & Economic Cybernetics Studies & Research, 58(1). DOI: 10.24818/18423264/58.1.24.10 | |
| dc.identifier.issn | 842–3264 | |
| dc.identifier.issn | 0424–267 X | |
| dc.identifier.other | DOI: 10.24818/18423264/58.1.24.10 | |
| dc.identifier.uri | https://ecocyb.ase.ro/Articles2024_1.htm | |
| dc.identifier.uri | https://debdfdsi.snspa.ro/handle/123456789/1234 | |
| dc.language.iso | en | |
| dc.publisher | Academic of Economics Studies | |
| dc.subject | Impact of events | |
| dc.subject | Oil price fluctuations | |
| dc.subject | DCC-GARCH model | |
| dc.subject | Stock indexes | |
| dc.subject | Energy market | |
| dc.title | The Impact of" Black Swan" Events on Oil and the European Capital Markets | |
| dc.type | Article |