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Crude substitution: The cyclical dynamics of oil prices and the skill premium

โœ Scribed by Linnea Polgreen; Pedro Silos


Book ID
113726001
Publisher
Elsevier Science
Year
2009
Tongue
English
Weight
282 KB
Volume
56
Category
Article
ISSN
0304-3932

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Risk premiums on inventory assets: the c
โœ Timothy J. Considine; Donald F. Larson ๐Ÿ“‚ Article ๐Ÿ“… 2001 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 161 KB ๐Ÿ‘ 1 views

This study tested for the presence of risk premiums on crude oil and natural gas. The econometric analysis followed from a stochastic model in which the equilibrium value of inventories depends on a convenience yield and an option value related to price uncertainty. The empirical findings provide ra