Common Drivers of Commodity Futures?

Walther, Thomas; Klein, Tony; Nguyen, Duc Khuong; Scharnagl, Christoph

doi:10.2139/ssrn.4231994

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Related Studies On the Technology And Clean Energy Nexus1

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2022

2024

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Cited by 4 publications

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“…Inchauspe et al (2015) and Reboredo et al (2017) find a greater importance of oil prices for clean energy stocks in the years of the global financial crisis. However, it is likely that this result is subject to the so-called "financialization" of commodity markets, during which the overall co-movement of commodity and stock markets increased substantially [e.g., Büyükşahin and Robe (2014), Adams and Glück (2015), Dudda et al (2022)]. Recent findings suggest that oil and other commodities have already decoupled from stock markets in recent years [e.g., Aromi and Clements (2019), Adams et al (2020)].…”

Section: Related Studies On the Technology And Clean Energy Nexusmentioning

confidence: 99%

Climate Risk and the Nexus of Clean Energy and Technology Stocks

et al. 2022

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Section: Related Studies On the Technology And Clean Energy Nexusmentioning

confidence: 99%

Climate Risk and the Nexus of Clean Energy and Technology Stocks

et al. 2022

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Climate risk and the nexus of clean energy and technology stocks

Bouri¹,

Dudda²,

Rognone³

et al. 2023

Ann Oper Res

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We examine the impact of climate risks on the nexus of clean energy and technology stocks using a time-varying correlation model. We find that physical and transition climate risks are positively associated with the long-term correlation between clean energy and technology stock indices, whereas the effect of transition risk is more robust to different sample periods and alternative stock indices. On the contrary, the short-term correlation tends to decrease after shocks to physical risk, since clean energy stocks react more strongly to physical risk shocks than technology stocks.

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