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Abstract Vector Auto regression model (VAR) a time -varying parameter is applied to study the effect of oil price shocks on the returns of stocks in the LATAM (Latin American) markets. Coherent Wavelet analysis highlights possibilities of connectedness of the oil price and LATAM stock markets through the presence of different patterns in a time series. The structural demand shocks standard deviations during the COVID-19 era remain high and the pass-through effects on stock returns due to oil prices differ for different time frames. The fundamental linkages are demonstrated due to oil market specific demand. The main motive of the research work is to identify the influence of oil price on stocks and identify the fundamental source of contagion. A random effects model is applied to the panel data of LATAM markets with the Global stock market index, MSCI (Morgan Stanley Capital International World Index), domestic money market rates and currency exchange rates during the period of study, 15 March 2019 to 31 July 2021 with 684 observations of controlled non-observed characteristics from individual country. The findings of this research recommend the pass-through effect of the oil prices on the stock market returns are based on time frequency. The contribution of this paper helps the policy makers to restore the confidence amongst the investors in the stock markets and strategies to be adopted by the investors to mitigate the risk by ideal portfolio management. Downloads Download data is not yet available. Downloads FULL TEXT Published 2023-01-22 How to Cite Gaytan, J. C. T., Rafiuddin, A., Sisodia, G. S., Ahmed, G., & Paramaiah, C. (2023). Pass-through Effects of Oil Prices on LATAM Emerging Stocks before and during COVID-19: An Evidence from a Wavelet -VAR Analysis. International Journal of Energy Economics and Policy, 13(1), 529–543. https://doi.org/10.32479/ijeep.13761 More Citation Formats ACM ACS APA ABNT Chicago Harvard IEEE MLA Turabian Vancouver Download Citation Endnote/Zotero/Mendeley (RIS) BibTeX Issue Vol. 13 No. 1 (2023) Section Articles License Submission of an article implies that the work described has not been published previously , that it is not under consideration for publication elsewhere, that its publication is approved by all authors and tacitly or explicitly by the responsible authorities where the work was carried out, and that, if accepted, will not be published elsewhere in the same form, without the written consent of the Publisher. The Editors reserve the right to edit or otherwise alter all contributions, but authors will receive proofs for approval before publication. Most read articles by the same author(s) Aqila Rafiuddin, Jennifer Daffodils, Jesus Cuauhtemoc Tellez Gaytan, Gyanendra Singh Sisodia, Trend of Oil Prices, Gold, GCC Stocks Market during Covid-19 Pandemic: A Wavelet Approach , International Journal of Energy Economics and Policy: Vol. 11 No. 4 (2021) Gyanendra Singh Sisodia, Hemant Kumar Sah, Hajer Kratou, Rajesh Mohnot, Alberto Ibanez, Bhumika Gupta, The Long-Run Effect of Carbon Emission and Economic Growth in European Countries: A Computational Analysis through Vector Error Correction Model , International Journal of Energy Economics and Policy: Vol. 13 No. 3 (2023) Make a Submission Make a Submission Dergi Kapağı

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