commodity futures markets
Speculation in commodity futures markets: A simple equilibrium model
... in commodity futures markets, whereas in the literature this analysis is usually split into two strands: the storage theory and the normal backwardation theory (also named the hedging pressure theory ...
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An empirical analysis of systemic risk in commodity futures markets
... bankruptcy (see the Appendices 2.A.1 and 2.A.2 for more details on the chronology of the crises). Such an analysis requires the use of high dimensional data. In this context, the tools of the graph theory have already ...
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Futures trading and the excess comovement of commodity prices
... raised in Pindyck and Rotemberg (1990) and show that excess comovement, when it exists, can be related to hedging and speculative pressure in commodity futures markets. Excess comove- ment appears ...
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Futures Trading and the Excess Comovement of Commodity Prices
... raised in Pindyck and Rotemberg (1990) and show that excess comovement, when it exists, can be related to hedging and speculative pressure in commodity futures markets. Excess comove- ment appears ...
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Limit order books, uninformed traders and commodity derivatives: Insights from the European carbon futures
... Taken together, these empirical results confirm the relevance of our model to study the uninformed traders’ order strategies and their trading costs in commodity futures markets. Quite importantly, ...
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Futures trading and the excess comovement of commodity prices
... raised in Pindyck and Rotemberg (1990) and show that excess comovement, when it exists, can be related to hedging and speculative pressure in commodity futures markets. Excess comove- ment appears ...
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A simple equilibrium model for a commodity market with spot trades and futures contracts
... financial futures market, exhibits a sur- prising variety of ...the futures price may be higher or lower than the expected spot price, inventory holders may or may not hold inventory, industrial processors ...
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Exploring low carbon futures.
... the Kyoto protocol. “After Kyoto, carbon markets where rather unknown and curious objects that mostly belonged to the realm of academic fantasy” (Zapfel, 2011). At the end of 2000, namely at the Hague Conference ...
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Data-flow Explicit Futures
... languages futures are not visible by the programmer and are pure runtime entities, whereas most of modern languages with futures use a parametric type to explicitly type futures, and the programmer ...
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Techniques futures pour le traducteur professionnel
... Dans les ressources linguistiques Alors que le traducteur utilise le clavier et la souris dans le document de travail pour créer le texte de la traduction :.. • l'environnement autour de[r] ...
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Audiovisuel et les bibliothèques futures : le vidéogramme
... lancement sur le m*arch6 est pr6vu pour 1973 *La faible du^- -r6e des enregistrements (5 minutes)' est sans doute le principal inconv6nient du systdme ,mais son importance peut §tre r[r] ...
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Futures scientifiques Rapport d évaluation
... « Futures Scientifiques » 32 la connaissance générale qu’elles souhaitent acquérir à ce stade, avant la formulation d’un choix ...« Futures Scientifiques ...« Futures Scientifiques » intervient moins ...
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Commodity Currencies Revisited
... proposed commodity strategy appears to be unrelated to the equity market portfolio, as well as to the carry trade, because of this low correlation between commodities and equities, as well as between the short ...
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Chevron: Outsourcing Commodity Prodcesses in a Commodity Business
... suited to outsourcing: “stable,” “routine,” “generic,” “legacy,” or “noncomplex;” “riskless, secure or securable”; “very clear metrics exist for it”; “widely used,” not “a niche business”; not “unique” (relative to ...
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Bubble, bubble, how much trouble? : financial markets as agents of capitalist development and capitalist crises--the case of futures and options markets
... stage of capitalism and the evolution of state monopoly capitalism. The gradual extension and development of futures markets play a role in these dialectical processes. For example, the [r] ...
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Modeling commodity prices for valuation and hedging of mining projects subjected to volatile markets
... Because commodities are generally traded in US dollars, exchange rates fluctuations also affects mining projects operating outside of the US. The joint effect of price and exchange rates dynamics can affect the net ...
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Commodity variety and seaport performance
... two commodity types have in common to be less sticky for other commodities because they tend using the port mostly as a transit point ...and commodity diversification dynamics to strengthen such ...
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Commodity Derivatives: Modeling and Pricing
... b(t ,x) = E[β(t)|ξ(t) = x] (3.4) From this result, we can see the process x(t) is with non-random coefficients, which means the model is reduced to one-factor. However, the condition that δ and β are bounded limits the ...
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La dette publique, un fardeau pour les générations futures ?
... générations futures ? Enfin, pour engager un pays vers un nouveau mode de développement économique, social et écologique, l’Etat doit intervenir car les acteurs de l’économie de marché ne se préoccupent guère du ...
4
Commodity price shocks and international finance
... Price indices for non-oil commodities overall and the subgroups of food, beverages, agricultural raw materials, and metals were expressed as a function of a time trend, ind[r] ...
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