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Does Speculation with Agricultural Commodity Futures Cause Price Bubbles in the Event of Negative Production Shocks?

Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Thürer, Tobias
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Berlin : Logos Verlag Berlin, 2016.
Colección:UA Ruhr Studies on Development and Global Governance Ser.
Temas:
Acceso en línea:Texto completo

MARC

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049 |a UAMI 
100 1 |a Thürer, Tobias. 
245 1 0 |a Does Speculation with Agricultural Commodity Futures Cause Price Bubbles in the Event of Negative Production Shocks? 
260 |a Berlin :  |b Logos Verlag Berlin,  |c 2016. 
300 |a 1 online resource (222 pages). 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
490 1 |a UA Ruhr Studies on Development and Global Governance Ser. ;  |v v. 65 
588 0 |a Print version record. 
505 0 |a Intro; 1. Introduction; 2. The Efficiency of Financial Markets With Special Reference to Commodity Futures Markets â#x80;#x93; A Review; 2.1 The Efficient Market Hypothesis vs. Behavioural Finance Theories: Insights into the Efficiency of Financial Markets; 2.1.1 The Efficient Market Hypothesis: The Theoretical Foundation; 2.1.2 Behavioural Finance Theories; 2.1.3 Efficient Market Hypothesis and Behavioural Finance Theories: The Empirical Evidence; 2.2 Assessing the Efficiency of Commodity Futures Markets with Cointegration Tests; 2.2.1 Cointegration Tests: The General Approach. 
505 8 |a 2.2.2 Cointegration Tests Applied: Empirical Results about the Efficiency of (Agricultural) Commodity Futures Markets2.2.3 Some Remarks on the Cointegration Approach; 2.3 Increased Index Funds Activities on Commodity Markets; 2.3.1 Background of the Financialization of Commodity Markets; 2.3.2 How the Financialization of Commodity Futures Markets Can Affect Their Efficiency: The Transmission Channel; 2.3.3 Does the Financialization of Commodity Markets Affect Their Efficiency? The Empirical Evidence; 2.4 Summary of the Literature Review. 
505 8 |a 3. The Competitive Storage Model â#x80;#x93; Interlinking Commodity Price Expectations and Current Spot Prices3.1. The Theory of the Competitive Storage Model; 3.2 The Empirical Evidence of the Competitive Storage Model; 4. The Storage Transmission Mechanism â#x80;#x93; Modelling the Effects of Overshooting Commodity Futures Prices on Spot Prices; 4.1 Excessive Storage and its Effects on Spot Prices; 4.2 Reflections on the Storage Transmission Mechanism under Consideration of the Literature; 4.3 Research Hypotheses; 5. Methodology and Data; 5.1 Maize as Object of Investigation and its Cultivation Periods. 
505 8 |a 5.2 Test Methods5.2.1 Modelling the Effect of Production Shocks on the Current Spot Price (Hypothesis 1); 5.2.2 Modelling the Effect of Production Shocks on the Subsequent Spot Price (Hypothesis 2); 5.2.3 Illustrating the Effect of Production Shocks on Trading Activities (Hypothesis 3); 5.2.4 Measuring the Development of Futures Prices within Production Shock Affected Cultivation Periods (Hypothesis 4); 5.2.5 Modelling the Reaction of Storage to an Increase of the Futures Price (Hypothesis 5); 5.3 Data; 6. Statistical Characteristics of Maize Production and Prices. 
505 8 |a 6.1 Global Maize Production and Yield â#x80;#x93; Long Term Trends and Shocks6.2 Properties of Spot Price Time Series; 7. The Empirics of Commodity Price Bubbles and Storage; 7.1 The Results of the Hypotheses Tests; 7.1.1 The Effect of Production Shocks on the Current Spot Price; 7.1.2 The Effect of Production Shocks on the Subsequent Spot Price; 7.1.3 Production Shocks and Trading Activities; 7.1.4 The Development of Futures Prices within Cultivation Periods; 7.1.5 The Reaction of Storage to Futures Price Increases; 7.2 Critical Reflections of the Empirical Results â#x80;#x93; Limitations of the Study. 
500 |a 8. Conclusion. 
590 |a ProQuest Ebook Central  |b Ebook Central Academic Complete 
650 0 |a Commodity futures. 
650 0 |a Farm produce. 
650 0 |a Prices. 
650 6 |a Marchés à terme de marchandises. 
650 6 |a Produits agricoles. 
650 6 |a Prix. 
650 7 |a prices.  |2 aat 
650 7 |a Commodity futures  |2 fast 
650 7 |a Farm produce  |2 fast 
650 7 |a Prices  |2 fast 
758 |i has work:  |a Does speculation with agricultural commodity futures cause price bubbles in the event of negative production shocks? (Text)  |1 https://id.oclc.org/worldcat/entity/E39PCGyFpgR8HrYTw7x4DRfVVK  |4 https://id.oclc.org/worldcat/ontology/hasWork 
776 0 8 |i Print version:  |a Thürer, Tobias.  |t Does Speculation with Agricultural Commodity Futures Cause Price Bubbles in the Event of Negative Production Shocks?  |d Berlin : Logos Verlag Berlin, ©2016  |z 9783832538767 
830 0 |a UA Ruhr Studies on Development and Global Governance Ser. 
856 4 0 |u https://ebookcentral.uam.elogim.com/lib/uam-ebooks/detail.action?docID=5247171  |z Texto completo 
938 |a ProQuest Ebook Central  |b EBLB  |n EBL5247171 
938 |a YBP Library Services  |b YANK  |n 15138865 
994 |a 92  |b IZTAP