The dynamic dependence between the major US indices and the meat commodities indices

Abstract

The purpose of this study is to examine empirically the conditional correlation between the major US indices (SP Feeder Cattle, Leen Hogs and Live Cattle during the period from July 22, 2010 to June 30, 2017.,From the empirical findings, the authors conclude the existence of a highly significance of conditional heteroscedasticity parameters can demonstrate us to distinguish the nature of the volatility dependency between S&P500 index and Dow Jones Industrial index and three selected meat commodities indices.,This can find clear the significance of relationship in the process of financialization of the major US index and meat commodities indices in the case of this paper.