𝔖 Bobbio Scriptorium
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Price instability and commodity futures markets

✍ Scribed by C.W. Morgan; A.J. Rayner; C.T. Ennew


Book ID
113327288
Publisher
Elsevier Science
Year
1994
Tongue
English
Weight
631 KB
Volume
22
Category
Article
ISSN
0305-750X

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The ability of futures markets to predict subsequent spot prices has been a controversial topic for a number of years. Empirical evidence to date is mixed; for any given market, some studies find evidence of efficiency, others of inefficiency. In part, these apparently conflicting findings reflect d