Modelling and Measuring Price Discovery in Commodity Markets
نویسندگان
چکیده
منابع مشابه
Commodity Financialization: Risk Sharing and Price Discovery in Commodity Futures Markets
We theoretically study how commodity financialization affects trading behavior, prices and welfare through affecting risk sharing and price discovery in futures markets. In our model, the general equilibrium feature makes financial traders either provide or demand liquidity in the futures market, depending on the information environment. Consistent with recent evidence, commodity financializati...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2007
ISSN: 1556-5068
DOI: 10.2139/ssrn.1090154