Commodity price volatility and the economic uncertainty of pandemics

被引：194

作者：

Bakas, Dimitrios ^{[1
,3
]}

Triantafyllou, Athanasios ^{[2
]}

机构：

[1] Nottingham Trent Univ, Nottingham Business Sch, Nottingham, England

[2] Univ Essex, Essex Business Sch, Colchester, Essex, England

[3] Rimini Ctr Econ Anal RCEA, Waterloo, ON, Canada

来源：

ECONOMICS LETTERS | 2020年 / 193卷

关键词：

Pandemics; Commodity markets; Economic uncertainty; Volatility;

D O I：

10.1016/j.econlet.2020.109283

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We empirically investigate the impact of economic uncertainty related to global pandemics on the volatility of the broad commodity price index as well as on the sub-indexes of crude oil and gold. The results show that uncertainty related to pandemics have a strong negative impact on the volatility of commodity markets and especially on crude oil market, while the effect on gold market is positive but less significant. (C) 2020 Elsevier B.V. All rights reserved.

引用

页数：5

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