International Interdependence between Cash Crop and Staple Food Futures Price Indices: A Dynamic Assessment

Efficient Price Discovery in Stock Index Cash and Futures Markets

This study is concerned with the aggregation of information in stock index cash and futures markets. The efficient price discovery is analyzed with reference to the error correction representation and to the common trend representation of cointegrated variables. The empirical evidence is based on three month of intraday data on the French CAC 40 index. The results indicate that deviations from ...

Price Discovery and Arbitrage between Futures and Cash Markets for Taiwan Stock Index

Reciprocal subsidies: dynamic interdependence between terrestrial and aquatic food webs.

Mutual trophic interactions between contiguous habitats have remained poorly understood despite their potential significance for community maintenance in ecological landscapes. In a deciduous forest and stream ecotone, aquatic insect emergence peaked around spring, when terrestrial invertebrate biomass was low. In contrast, terrestrial invertebrate input to the stream occurred primarily during ...

Price Discovery in U.S. Corn Cash and Futures Markets: The Role of Cash Market Selection

Using daily data from 182 spatially separated U.S. cash markets for the years 2006-2011, I investigate price discovery for corn. With a large number of cash markets available, I take into account explicitly the issue of market selection, which has been neglected in previous work. I find that empirical results concerning price discovery based on corn cash and futures markets vary with selection ...

Research on the Dynamic Relationship among China’s Metal Futures, Spot price and London's Futures price

This paper studies the dynamic relationship among futures price, spot price of Shanghai metal and futures price of London with the co-integration theory, Granger causality tests, residue analysis, impulse responses function, and variance decomposition on the VECM. The study shows the three have the long equilibrium relationship: the copper futures price of Shanghai have internalities to the fut...