data contain much less information than one might think, due to the presence of correlation. We conclude that the prior in …

time-varying extreme correlation of stock-bond futures markets. There is evidence of positive extreme correlation between …, German stock-bond futures extreme correlation is negative, which suggests most diversification potentials of German bond … uncertainty all significantly affect the median stock-bond futures correlation. By contrast, only the stock market uncertainty …

correlation among them. More specific, we are trying to distinguish the relationship between Greece's stock market and the most … important stock markets in Europe, USA and Asia. Moreover, after finding out the correlation between these markets, we try to …

dynamic leverage mechanism. The correlation-adjusted variant outperforms the naive implementation of the strategy and the …