The contagion effect of international crude oil price fluctuations on Chinese stock market investor sentiment

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• 作者：Zhihua Ding^a ; Zhenhua Liu^a ; ^{lzhcumt@126.com} ; Yuejun Zhang^b ; Ruyin Long^a
• 关键词：International crude oil price ; Stock market ; Investor sentiment ; Contagion effect
• 刊名：Applied Energy
• 出版年：2017
• 出版时间：1 February 2017
• 年：2017
• 卷：187
• 期：Complete
• 页码：27-36
• 全文大小：659 K
• 卷排序：187

文摘

Chinese stock market investor sentiment index is proposed. Oil price fluctuations significantly Granger cause stock market investor sentiment. Crude oil price has negative contagion effects on stock market investor sentiment. Contagion delay of oil price fluctuation on stock investor sentiment is 8 months.