Permanent and transitory price shocks in commodity futures markets and their relation to speculation
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DOI: 10.1007/s00181-017-1387-2
Abstract: This paper takes an innovative look at the relationship between commodity futures prices and speculation. Contrary to other studies, we analyze the effect of speculation on temporary and permanent futures price shocks estimated from a… read more here.
Keywords: speculation; permanent transitory; price shocks; commodity futures ... See more keywords