The Essential Role of Pandemics: A Fresh Insight Into the Oil Market

• DOI: 10.46557/001c.13166
• Publication Date: 2020-06-20T11:13:27Z
• Authors: Meng Qin; Yu-Chen Zhang; Chi-Wei Su
• Keywords: Pandemic

This paper probes the interrelationship between pandemics and oil prices. It shows that may reduce demand, causing prices to decrease, which is inconsistent with predictions of intertemporal capital asset pricing model. The implication this study market should not be ignored when analyzing effect pandemics.