Logo
Munich Personal RePEc Archive

Co-movement between Commodity Market and Equity Market: Does Commodity Market Change?

Yamori, Nobuyoshi (2010): Co-movement between Commodity Market and Equity Market: Does Commodity Market Change?

[thumbnail of MPRA_paper_23096.pdf]
Preview
PDF
MPRA_paper_23096.pdf

Download (467kB) | Preview

Abstract

This paper, using Japanese market data, finds that although the correlation between equity markets and commodity market used to be negative or almost zero before around 2006, it has increased significantly after the global financial crisis in Autumn of 2008. In this sense, the commodity market lost its character as an alternative asset. However, the author argues that it is too early to conclude so because of several reasons.

Atom RSS 1.0 RSS 2.0

Contact us: mpra@ub.uni-muenchen.de

This repository has been built using EPrints software.

MPRA is a RePEc service hosted by Logo of the University Library LMU Munich.