Sabiia Seb
PortuguêsEspañolEnglish
Embrapa
        Busca avançada

Botão Atualizar


Botão Atualizar

Ordenar por: RelevânciaAutorTítuloAnoImprime registros no formato resumido
Registros recuperados: 4
Primeira ... 1 ... Última
Imagem não selecionada

Imprime registro no formato completo
ASSET STORABILITY AND HEDGING EFFECTIVENESS IN COMMODITY FUTURES MARKETS AgEcon
Yang, Jian; Awokuse, Titus O..
This paper examines risk minimization hedging effectiveness for major storable and nonstorable agricultural commodity futures markets. Based on the error correction model – bivariate GARCH frameworks, some evidence is found that the hedging effectiveness is stronger for storable commodities than nonstorable commodities under consideration. The finding illustrates an important difference between storable and nonstorable commodities with regard to their hedging function.
Tipo: Working or Discussion Paper Palavras-chave: Commodity futures; Asset storability; Hedging effectiveness; Multivariate GARCH; Marketing; D82; G19.
Ano: 2002 URL: http://purl.umn.edu/15826
Imagem não selecionada

Imprime registro no formato completo
PRICE DISCOVERY IN WHEAT FUTURES MARKETS AgEcon
Yang, Jian; Leatham, David J..
This paper examines the price discovery function for three U.S. wheat futures markets: the Chicago Board of Trade, Kansas City Board of Trade, and Minneapolis Grain Exchange. The maintained hypothesis is that futures markets search more for information than cash markets to find an equilibrium price, thus greatly improving the price discovery function. The tests reveal the existence of one equilibrium price across the three futures markets in the long run, but no cointegration among prices in the three representative cash markets.
Tipo: Journal Article Palavras-chave: Error correction model; Price discovery; Wheat futures; Marketing.
Ano: 1999 URL: http://purl.umn.edu/15375
Imagem não selecionada

Imprime registro no formato completo
THE INFORMATIONAL ROLE OF COMMODITY PRICES IN FORMULATING MONETARY POLICY: A REEXAMINATION AgEcon
Awokuse, Titus O.; Yang, Jian.
This paper reexamines the issue of whether commodity prices provide useful information for formulating monetary policy through the application of recent development in time series methodology developed by Toda and Yamamoto (1995). We found that commodity prices signals the future direction of the economy.
Tipo: Working or Discussion Paper Palavras-chave: Commodity prices; Monetary policy; Causality; Financial Economics; E31; E37.
Ano: 2002 URL: http://purl.umn.edu/15834
Imagem não selecionada

Imprime registro no formato completo
THE LAW OF ONE PRICE: DEVELOPED AND DEVELOPING COUNTRY MARKET INTEGRATION AgEcon
Yang, Jian; Bessler, David A.; Leatham, David J..
The Law of One Price (LOP) is important to models of international trade and exchange rate determination. This study investigates a variant of the LOP applied to developed and developing countries. The competing hypothesis are (1) that one price prevails in both developed and developing countries and (2) that one price prevails in developed countries and another single price in developing countries. Using data from an internationally competitive commodity (soybean meal), we found evidence favors the first hypothesis, although two large developing countries under study are active participants in regional trade integration, which may bias them against the first hypothesis.
Tipo: Journal Article Palavras-chave: Law of one price; Developing countries; Error-correction model; Directed graphs; Demand and Price Analysis.
Ano: 2000 URL: http://purl.umn.edu/15320
Registros recuperados: 4
Primeira ... 1 ... Última
 

Empresa Brasileira de Pesquisa Agropecuária - Embrapa
Todos os direitos reservados, conforme Lei n° 9.610
Política de Privacidade
Área restrita

Embrapa
Parque Estação Biológica - PqEB s/n°
Brasília, DF - Brasil - CEP 70770-901
Fone: (61) 3448-4433 - Fax: (61) 3448-4890 / 3448-4891 SAC: https://www.embrapa.br/fale-conosco

Valid HTML 4.01 Transitional