global financial crisis of 2008. Our empirical analysis reveals that on average, the volatility shocks related to other … the most important role as the S&P 500 Index dominates all commodities in terms of general volatility spillover … following the crisis, the negative shocks have had a significantly higher impact on the volatility spillovers across the markets …

the bivariate VAR-GARCH models, we do not find any evidence of volatility linkage between oil and agricultural product …Although a large number of empirical papers have examined the price spillover in global oil and non-energy commodity … markets, very little is known about the volatility transmission between these two markets. The present study aims to conceal …