Research

PUBLICATIONS

"Oil news shocks and the US stock market." (with Ana María Herrera, and Sandeep Kumar Rangaraju). Energy Economics (2023): 106891.

"Relationships between Stock Returns and Real Earnings Yields over the Last 150 Years." (with Austin Murphy), Finance Research Letters (2023): 104243.

"The Effectiveness of Ex-Ante Real Earnings Yields in Forecasting Stock Market Returns". (with Austin Murphy), Journal of Portfolio Management. 10, 2023

"The Continued Forecasting Effectiveness of a Real Earnings Model of the Equity Premium." (with Austin Murphy), The Journal of Investing,  2023.

"Oil price shocks and US unemployment: evidence from disentangling the duration of unemployment spells in the labor market." Empirical Economics, pp. 1-33, 2023.

“Oil price shocks and US unemployment rate: a robustness check”, Applied Economics Letters,1-8, July 2022.

"Does the source of oil supply shock matter in explaining the behavior of U.S. consumer spending and sentiment?" Empirical Economics, Springer, vol. 61(3), pages 1491-1518, July 2020.

“Oil Prices and Personal Consumption Expenditures: Does the Source of the Shock Matter?” (with Mohamad Karaki), Oxford Bulletin of Economics anded Statistics, 81(2), 250-270, 2019. (Appendix)

“Oil Price Uncertainty and the U.S. Stock Market: Analysis Based on a GARCH-in-Mean VAR Model”, Energy Economics, Vol. 59, 251-260, September 2016.

“Oil Price Shocks and the U.S. Stock Market: Do Sign and Size Matter?” (with Ana Maria Herrera), The Energy Journal, Vol. 36, No. 3, 171-188, July 2015. (Appendix)

RESEARCH IN PROGRESS

Manuscripts Under Review

"Causes of Deviations from a Real Earnings Yield Model of the Equity Premium" (with Austin Murphy), under review.

Work in Progress

“The Quantitative Effects of Oil Shocks: U.S. State-Level Analysis” (with Sandeep Kumar Rangaraju).

“Oil News Shock, U.S. Consumer Confidence and Expenditure”.