2002-2012 oil price and the financial market in the Philippines
This paper investigates whether the movement of oil prices has an effect on the movement of the Philippine stock market, by using the Ordinary Least Squares Model and Vector Auto regression Model. Data gathered from various trusted authorities will be subject to these procedures. We hypothesized tha...
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| Main Authors: | , , |
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| Format: | text |
| Language: | English |
| Published: |
Animo Repository
2014
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| Subjects: | |
| Online Access: | https://animorepository.dlsu.edu.ph/etd_bachelors/9575 |
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| Institution: | De La Salle University |
| Language: | English |
| Summary: | This paper investigates whether the movement of oil prices has an effect on the movement of the Philippine stock market, by using the Ordinary Least Squares Model and Vector Auto regression Model. Data gathered from various trusted authorities will be subject to these procedures. We hypothesized that when the price of oil increases, the performance of the Philippine stock market goes down leading to a lower Philippine Stock Exchange Index (PSEi). |
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