Implied Transaction Costs in Agricultural Futures Markets

The combined research leads to a more comprehensive understanding of market behavior. We show that implied transactions costs do exist, at times are large, and are not easy to estimate, but careful examination of the data and selection of procedures can shed light on their magnitude and patterns of behavior. Accurately measured and understood transaction costs can then be used by traders, exchanges, researchers, and policy makers to develop a better understanding of markets and to make appropriate decisions.

Name thesis:degree_name

Ph.D.

Level thesis:degree_level

Dissertation

Discipline thesis:degree_discipline

Agricultural and Consumer Economics

Grantor

University of Illinois at Urbana-Champaign

Year dc:date

2015

Author dc:creator

• Frank, Julieta M.

Contributors dc:contributor

• Garcia, Philip

• Economics, Finance

Language dc:language

eng

Identifier

(MiAaPQ)AAI3347384

OAI identifier oai:identifier

oai:www.ideals.illinois.edu:2142/83006