Documentation scienceplus.abes.fr version Bêta

À propos de : The Adequacy of Speculation in Agricultural Futures Markets: Too Much of a Good Thing?        

AttributsValeurs
type
Is Part Of
Subject
Title
  • The Adequacy of Speculation in Agricultural Futures Markets: Too Much of a Good Thing?
has manifestation of work
related by
Author
Abstract
  • This paper revisits the “adequacy of speculation” debate in agricultural futures markets using the positions held by index funds in the Commitment of Traders reports. Index fund positions were a relatively stable percentage of total open interest from 2006-2008. Traditional speculative measures do not show any material shifts over the sample period. Even after adjusting speculative indices for commodity index fund positions, values are within the historical ranges reported in prior research. One implication is that long-only index funds may be beneficial in markets traditionally dominated by short hedging.
article type
publisher identifier
  • ppp006
is part of this journal



Alternative Linked Data Documents: ODE     Content Formats:       RDF       ODATA       Microdata