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Showing 1 to 3 of 3 for “"Grain Futures Markets"”.

  1. Price volatility and liquidity cost in grain futures markets

    Significant changes have taken place in grain futures markets. This dissertation consists of three essays investigating issues in the price volatility and liquidity cost in grain futures markets influenced by these changes. The first essay examines the sources of long memory in three major grain

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  2. Market efficiency and the microstructure of grain futures markets implied by return series of various time intervals

    … the price adjustment process and efficiency of grain futures markets (corn, wheat, oats, soybeans, soybean meal, and soybean oil) using data from the 1986 contracts traded on the Chicago Board of Trade. By Black's (1986) criteria, a market is efficient if the price is between half and twice of …

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  3. Three essays on bubbles in agricultural futures markets

    … to test and understand bubbles in agricultural futures markets. Building on current bubble literature, the dissertation applies a recent-developed forward and backward recursive bubble testing procedure that is capable of date-stamping the exact origination and termination dates of multiple …

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