bibtype J - Journal Article
ARLID 0645792
utime 20260224164318.1
mtime 20260209235959.9
SCOPUS 85216757133
WOS 001422979100001
DOI 10.1016/j.ribaf.2025.102781
title (primary) (eng) Event-driven changes in connectedness among commodities and commodity currencies: A quantile, network and probabilistic analysis
specification
page_count 18 s.
media_type P
serial
ARLID cav_un_epca*0627238
ISSN 0275-5319
title Research in International Business and Finance
volume_id 75
keyword Return connectedness
keyword Commodities
keyword Commodity currencies
keyword Return spillovers
author (primary)
ARLID cav_un_auth*0503621
name1 Albrecht
name2 P.
country CZ
garant K
author
ARLID cav_un_auth*0312139
name1 Kočenda
name2 Evžen
institution UTIA-B
full_dept (cz) Ekonometrie
full_dept Department of Econometrics
department (cz) E
department E
full_dept Department of Econometrics
country CZ
fullinstit Ústav teorie informace a automatizace AV ČR, v. v. i.
author
ARLID cav_un_auth*0503622
name1 Oliveira
name2 A. S.
country BR
author
ARLID cav_un_auth*0503623
name1 Ceretta
name2 P. S.
country BR
author
ARLID cav_un_auth*0022137
name1 Drábek
name2 M.
country CZ
source
url https://library.utia.cas.cz/separaty/2026/E/kocenda-0645792.pdf
source
url https://www.sciencedirect.com/science/article/pii/S0275531925000376?via%3Dihub
cas_special
project
project_id GA23-06606S
agency GA ČR
country CZ
ARLID cav_un_auth*0458718
abstract (eng) We comprehensively analyze return connectedness among commodity currencies and commodities from 2010 to 2023. Our findings reveal iron, coal, and the Australian dollar as return transmitters to other currencies and commodities, particularly during economic downturns. By employing quantile analysis, we identify commodity currencies as net spillover receivers during periods of extreme economic turbulence. Additionally, we employ a novel testing bootstrap-after-bootstrap procedure and present the first statistically grounded evidence that endogenously identified specific shocks are behind increases in connectedness and correspond to systematic events in commodity markets. We find twelve endogenously chosen events corresponding to an escalation in return connectedness within a maximum of one business month following the event’s occurrence. We also show that connectedness is linked to measures of uncertainty and liquidity that produce distinct impacts. Importantly, our results remain robust across various measures and carry significant implications for portfolio construction and risk management strategies.
result_subspec WOS
RIV AH
FORD0 50000
FORD1 50200
FORD2 50206
reportyear 2026
num_of_auth 5
inst_support RVO:67985556
permalink https://hdl.handle.net/11104/0375767
cooperation
ARLID cav_un_auth*0503328
name Mendel University in Brno, Faculty of Business and Economics
institution Mendel Univ.
country CZ
cooperation
ARLID cav_un_auth*0503329
name Federal University of Pampa, Alegrete
institution UNIPAMPA
country BR
cooperation
ARLID cav_un_auth*0475476
name Federal University of Santa Maria
institution UFSM
country BR
cooperation
ARLID cav_un_auth*0503330
name CESifo
institution CESifo
country DE
cooperation
ARLID cav_un_auth*0503331
name IOS, Regensburg
institution IOS
country DE
cooperation
ARLID cav_un_auth*0327879
name Institute of Economic Studies, Charles University
institution IES, CUNI
country CZ
confidential S
article_num 102781
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arlyear 2025
mrcbU14 85216757133 SCOPUS
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mrcbU63 cav_un_epca*0627238 Research in International Business and Finance 75 1 2025 0275-5319 1878-3384