Abstract Literature shows the dynamics of energy markets impacting a variety of sectors. In response to the 2007/2008 financial crisis, the U.S. Treasury provided financial assistance (bailouts) to hundreds of public and private financial institutions under the Troubled Asset Recovery Program (TARP) and the Targeted Investment Program. Several studies suggest that bailouts alter the risk profile of the receiving companies. Since risk profiles are at the core of volatility transmissions between asset groups, in this study, we evaluate the volatility impacts of energy markets on these financial institutions before and after they received financial assistance. After controlling for systematic components, our findings show no volatility transmission before the financial intervention but suggest robust volatility transmission from oil and natural gas markets to the bailout banks post bailouts. Downloads Download data is not yet available. Downloads FULL TEXT Published 2023-03-24 How to Cite Gormus, A., & Soytas, U. (2023). Financial Sector Troubles and Energy Markets. International Journal of Energy Economics and Policy, 13(2), 357–363. https://doi.org/10.32479/ijeep.14108 More Citation Formats ACM ACS APA ABNT Chicago Harvard IEEE MLA Turabian Vancouver Download Citation Endnote/Zotero/Mendeley (RIS) BibTeX Issue Vol. 13 No. 2 (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and tacitly or explicitly by the responsible authorities where the work was carried out, and that, if accepted, will not be published elsewhere in the same form, without the written consent of the Publisher.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. Make a Submission Make a Submission Dergi Kapağı
Alan : Sosyal, Beşeri ve İdari Bilimler
Dergi Türü : Uluslararası
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