Ahmadi, Maryam; Behmiri, Niaz Bashiri; Manera, Matteo - 2015
This study investigates the effects of oil price shocks on volatility of selected agricultural and metal commodities …. To achieve this goal, we decompose an oil price shock to its underlying components, including macroeconomics and oil … functions, the response of volatility of each commodity to an oil price shock differs significantly depending on the underlying …