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Exploratory Study of Select Commodity and Equity Indices Around the Meltdown of 2008

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International Trade and International Finance

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Abstract

Many believe that the world of investment is becoming complicated and more volatile with every passing day. What makes it even more interesting is the complexity of the market particularly for those select instruments which are traded on electronic exchanges, be it equity, commodity or currency, to name a few. Each investment market has its own dynamics and their inter-linkages are even more exciting.

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Notes

  1. 1.

    This interestingly verifies the reference point dependent utility functions as proposed by Kahneman and Tversky.

  2. 2.

    This phenomenon has been verified by econometricians using multidimensional asymmetric GARCH models. For a discussion see Campbell et al. (1996).

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Author information

Authors and Affiliations

  1. Indian Statistical Institute, Kolkata, India

    Diganta Mukherjee

  2. Indian Institute of Foreign Trade, New Delhi, India

    Arnab Mallick

Authors
  1. Diganta Mukherjee
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  2. Arnab Mallick
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Correspondence to Diganta Mukherjee .

Editor information

Editors and Affiliations

  1. Department of Economics, Jadavpur University, Jadavpur, Kolkata, India

    Malabika Roy

  2. Department of Economics, Jadavpur University, Jadavpur, Kolkata, West Bengal, India

    Saikat Sinha Roy

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Mukherjee, D., Mallick, A. (2016). Exploratory Study of Select Commodity and Equity Indices Around the Meltdown of 2008. In: Roy, M., Sinha Roy, S. (eds) International Trade and International Finance. Springer, New Delhi. https://doi.org/10.1007/978-81-322-2797-7_19

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