Speculation and volatility in the crude oil futures market
Speculative activity is often claimed to be the cause of high price and turmoil in the crude oil futures market. We use Working's T and a new speculative index to measure the degree of speculation in the crude oil futures market. We find that the variation in the volatility of the crude oil fut...
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| Format: | Others |
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2009
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| Online Access: | http://spectrum.library.concordia.ca/976649/1/MR63096.pdf Pan, Yun <http://spectrum.library.concordia.ca/view/creators/Pan=3AYun=3A=3A.html> (2009) Speculation and volatility in the crude oil futures market. Masters thesis, Concordia University. |