Connectedness between oil and agricultural commodity prices during tranquil and volatile period. Is crude oil a victim indeed? Vrije Universiteit Brussel
Increasing financialization of energy and commodity markets offer a variety of tradeoff for the investors and consumers. On the one hand, this increased financialization of the two markets helps investors design a well-diversified investment portfolio with assets from different asset categories. However, at the same time, this increases the connectedness between the two markets significantly, which may have strong implications for investors ...