[1] S. Aboura and J. Chevallier, Volatility returns with vengeance: financial markets vs. commodities, Res. Int. Bus. Finance 33 (2015), 334–354.
[2] V. Arago and M.A. Fernandez, Influence of structural changes in transmission of information between stock markets: a European empirical study, J. Multinat. Financ. Manag. 17 (2007), no. 1, 112–124.
[3] S. Calvo and C.M. Reinhart, Capital flows to Latin America: Is there evidence of contagion effects?, G.A. Calvo, M. Goldstein and E. Hochreiter, (eds.), Private capital flows to emerging markets after the Mexican crisis, Institute for International Economics, Washington, D.C. 1996.
[4] A.F. Darrat and O.M. Benkato, Interdependence and volatility spillovers under market liberalization: the case of Istanbul stock exchange, J. Bus. Finance Account. 30 (2003), no. 1, 1089–1114.
[5] F.X. Diebold and K. Yilmaz, Better to give than to receive: predictive directional measurement of volatility spillovers, Int. J. Forecast. 28 (2012), no. 1, 58–66.
[6] R. Dornbusch, Y.C. Park and S. Claessens, Contagion: how it spreads and how it can be stopped, World Bank Res. Observer 15 (2000), no. 2, 177–197.
[7] Z. Elmi, I. Abu Nouri, S. Rasekhi and M.M. Shahrazi, The effect of structural failures on fluctuations on impulse contagion and fluctuation spillover between Iranian gold and stock markets, Quart. J. Econ. Modell. 2 (2014), 57–73.
[8] B.T. Ewing and F. Malik, Volatility transmission between gold and oil futures under structural breaks, Int. Rev. Econ. Finance 25 (2013), no. 3, 113–121.
[9] B.T. Ewing and F. Malik, Re-examining the asymmetric predictability of variances: the role of sudden changes in variance, J. Bank. Finance 29 (2015), no. 5, 2655–2673.
[10] S. Eydizadeh and A. Samadi, Designing a dynamic model for developing Iranian gas industry policies using system dynamics approach, Econ. Model. Res. Quart. (2013), no. 14, 177.
[11] M.H. Fitras and M. Hoshidari, Investigating the effect of crude oil price fluctuations on fluctuations in the return of Tehran stock exchange and securities by multivariate GARCH approach, Iran. J. Energy Econ. 1 (2016), 147–177.
[12] D. Gromb and D. Vayanos, Equilibrium and welfare in markets with financially constrained arbitrageurs, J. Financ. Econ. 66 (2002), 361–407.
[13] L.E. Kodres and M. Pritsker, A rational expectations model of financial contagion, J. Finance 57 (2002), 769–799.
[14] A.S. Kyle and W. Xiong, Contagion as a wealth effect, J. Finance 56 (2001), 1401–1440.
[15] K. Lang and B.R. Auer, The economic and financial properties of crude oil: A review, North Amer. J. Econ. Finance 52 (2020), 100914.
[16] Y. Lu, L. Yang and L. Liu, Volatility spillovers between crude oil and agricultural commodity markets since the financial crisis, Sustain. J. 396 (2019), no. 11.
[17] W. Mensi, S. Hammoudeh and S. Yoon, Structural breaks, dynamic correlations, asymmetric volatility transmission, and hedging strategies for petroleum prices and USD exchange rate, Energy Econ. 48 (2015), 46–60.
[18] M.R. Rostami and S. Farahmandi, Estimating the risk value of crude oil price and its spillover effects using multivariate Garch model, Investment Knowledge Quart. 1 (2012), no. 4.
[19] M. Samii, Energy policy and oil prices: system dynamics approach to modeling oil market, J. Glob. Commerce Res. 2 (2009), no. 3, 22–28.
[20] S. Singhal, S. Choudhary and P.C. Biswal, Return and volatility linkages among international crude oil price, gold price, exchange rate and stock markets: evidence from Mexico, Resources Policy 60 (2019), no. 3, 255–261.
[21] J.D. Sterman, System dynamics modeling: tools for learning in a complex world, California Manag. Rev. 43 (2001), no. 4, 8–25.
[22] R. Valdes, Emerging market contagion: evidence and theory, Working paper, MIT, 1996.
[23] K. Yuan, Asymmetric price movements and borrowing constraints: A rational expectations equilibrium model of crises, contagion, and confusion, J. Finance 60 (2005), 379–411.