New empirical evidence in support of the theory of price volatility of storable commodities under rational expectations in spot and futures markets
Sign Up to like & getrecommendations! Published in 2021 at "Energy Economics"
DOI: 10.1016/j.eneco.2021.105375
Abstract: Abstract The impact of futures markets on the spot price volatility of storable commodities can be either stabilizing or destabilizing. The underlying theoretical model determines that the impact depends on whether the dominant/prevailing disturbance in… read more here.
Keywords: price volatility; storable commodities; spot; volatility storable ... See more keywords