Backwardation is Normal ## JOE Β¨LLE MIFFRE Traditionally, constant expected return asset pricing models are used to assess the presence of a futures risk premium and the validity of the normal backwardation theory. In the light of recent evidence regarding the presence of time variation in expect
Is normal backwardation normal?
β Scribed by Robert W. Kolb
- Book ID
- 102845735
- Publisher
- John Wiley and Sons
- Year
- 1992
- Tongue
- English
- Weight
- 998 KB
- Volume
- 12
- Category
- Article
- ISSN
- 0270-7314
No coin nor oath required. For personal study only.
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he lack of consensus on the underlying process as well as the determinants T of futures prices has led a number of researchers to take a variety of positions in developing models of futures contracts. Normal backwardation/normal contango refers to the process in which futures prices are systematical
The modifications occurring in the movement and muscle activity patterns of the leg when changing from forward to backward walking were studied in five healthy subjects during walking on a motor driven treadmill. Movements were recorded with a Selspot optoelectronic system and muscle activity with e