Volatility, correlation and risk spillover effect between freight rates in BCI and BPI markets: Evidence from static and dynamic GARCH-Copula and dynamic CoVaR models.

The dry bulk shipping market plays a crucial role in global trade. To examine the volatility, correlation, and risk spillover between freight rates in the BCI and BPI markets, this paper employs the GARCH-Copula-CoVaR model. We analyze the dynamic behavior of the secondary market freight index for d...

Full description

Saved in:
Bibliographic Details
Main Authors: Yuye Zou, Jing Xu, Yanhui Chen
Format: Article
Language:English
Published: Public Library of Science (PLoS) 2025-01-01
Series:PLoS ONE
Online Access:https://doi.org/10.1371/journal.pone.0315167
Tags: Add Tag
No Tags, Be the first to tag this record!