Philippine Standard time

Normal Backwardation and Hedging Asymmetry


"Two important questions have been raised in academic discussions on commodity futures markets: (1) Do speculators receive positive return for the risk bearing services they provide? and (2) Why are hedgers net short and speculators net long? This paper

Citations

This publication has been cited time(s).

Keywords
Cite
Downloads

23

Since
Nov 12, 2013