The efficiency of the U.S. cotton futures market (1986-2006): normal backwardation, co-integration, and asset pricing
The efficiency of commodity futures markets is a widely debated topic in academia. The cotton futures market is no exception. The existence of trends in the futures market is characterized as a price bias, which is a testable trait. When analyzed, it allows a better understanding of market behavior...
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| Format: | Others |
| Language: | en_US |
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2010
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| Online Access: | http://hdl.handle.net/1969.1/ETD-TAMU-1883 http://hdl.handle.net/1969.1/ETD-TAMU-1883 |