Search for Articles:
Title / Keyword
Author / Affiliation / Email
Journal
Article Type
 
 
Advanced Search
 
Section
Special Issue
Volume
Issue
Number
Page
 
2.8
Journals
JRFM
Special Issues
The Modern-Day Energy Economy
share announcement

The Modern-Day Energy Economy

A special issue of Journal of Risk and Financial Management (ISSN 1911-8074). This special issue belongs to the section "Energy and Environment: Economics, Finance and Policy".

Deadline for manuscript submissions: closed (30 November 2022) | Viewed by 2097

Special Issue Editor

Dr. Eric Lilford

E-Mail Website
Guest Editor
Minerals and Energy Economics, Curtin University, Perth 6102, Australia
Interests: clean energy generation; energy storage; energy distribution; decarbonisation; energy economics; ESG

Special Issue Information

Dear Colleagues,

This Special Issue focuses on the new and emerging global energy economy, including current research incorporating the necessity associated with the world’s retirement of carbon-based energy sources and integration of sustainable, clean energy solutions.

The research needs to consider either one or both of the above-mentioned technical innovations, evaluating decarbonised solutions for energy generation and energy storage, as well as the economic imperatives attached to existing and emerging clean energy or decarbonised solutions.

We encourage contributions providing a coverage of the above and incorporating energy generation, storage, distribution and energy economics, and, potentially, ESG imperatives.

Dr. Eric Lilford
Guest Editor

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Journal of Risk and Financial Management is an international peer-reviewed open access monthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 1400 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • clean energy generation
  • energy storage
  • energy distribution
  • decarbonisation
  • energy economics
  • ESG

Published Papers (1 paper)

Order results
Result details
Show export options expand_more Show export options expand_less
Select all
Export citation of selected articles as:

Research

28 pages, 4452 KiB  
Article
Time-Varying Relation between Oil Shocks and European Stock Market Returns
by César Castro, Rebeca Jiménez-Rodríguez and Renatas Kizys
J. Risk Financial Manag. 2023, 16(3), 174; https://doi.org/10.3390/jrfm16030174 - 5 Mar 2023
Cited by 4 | Viewed by 1857
Abstract
This paper considers a time-varying parameter vector autoregression model to analyze the varying impact of three types of structural oil shocks (the supply-side shock, the aggregate demand shock, and the oil-specific demand shock) on the European stock market since the 1990s. Our findings [...] Read more.
This paper considers a time-varying parameter vector autoregression model to analyze the varying impact of three types of structural oil shocks (the supply-side shock, the aggregate demand shock, and the oil-specific demand shock) on the European stock market since the 1990s. Our findings show that the three types of oil shocks heterogeneously influence stock market returns in the euro area, and that this influence considerably changes over time during the period considered. First, an unexpected increase in oil supply appears to exert a positive but generally declining effect in the period before the Global Financial Crisis (GFC) of 2007–2009, which descends into negative values after the GFC. Second, an unanticipated increase in aggregate demand triggers a generally positive effect on stock market returns in the euro area. However, in the period from 2003 to 2005, stock market returns responded negatively, which could be attributed to the so-called growth-retarding effect. Third, an unexpected increase in oil-specific demand instigates a negative response in the pre-GFC period (considering the response 4–5 months after the shock), although this changes to a positive effect thereafter. Interestingly, irrespective of the origin of oil price fluctuations, oil price increases are associated with positive European stock market returns after the GFC. This signals a greater degree of oil market financialization. Full article
(This article belongs to the Special Issue The Modern-Day Energy Economy)
►▼ Show Figures

Figure 1

Show export options expand_more Show export options expand_less
Select all
Export citation of selected articles as:
 
Displaying articles 1-1
Back to TopTop