Baruni, Jozef; Kočenda, Evžen; Vacha, Lukas - 2015
We detect and quantify asymmetries in the volatility spillovers of petroleum commodities: crude oil, gasoline, and … heating oil. The increase in volatility spillovers after 2001 correlates with the progressive financialization of the … terms of total as well as directional spillovers. In terms of asymmetries we also show that overall volatility spillovers …