Equity-Commodity Contagion During Four Recent Crises: Evidence from the USA, Europe and the BRICS

This study considers the findings of previous research concerning volatility and correlation transmission between equity commodity markets at- tempts to document evidence contagion these during four crises using International Capital Asset Pricing Model (ICAPM). We existence mechanism regional (USA, Western Europe BRICS) sixteen categories commodities (Crude Oil, Natural Gas, Electricity, Metals, Precious Agricultural Oils, Chemicals, Feeds, Fibers, Forestry Products, Grains, Live Stocks, Oil Seeds, Semi-Conductors, Softs). find that while most decoupled from Global financial crisis, Irish Banking crisis European debt were detected BREXIT.