| dc.contributor.author | Rinden, Siv Elisabeth | |
| dc.date.accessioned | 2016-02-25T12:12:30Z | |
| dc.date.available | 2016-02-25T12:12:30Z | |
| dc.date.issued | 2015 | |
| dc.identifier.uri | http://hdl.handle.net/11250/2380509 | |
| dc.description | Master thesis Business Administration- University of Agder, 2015 | nb_NO |
| dc.description.abstract | This thesis examine how speculative activities in the commodity futures market affect the
commodity spot prices. The relationship between the commodity futures volume of contracts
traded, open interest, speculative open interest and the commodity spot price are investigated.
There is considerable disagreements about whether there exist a linkage here or not in the
related literature. This study provides evidence that speculative activity do destabilize the
commodity spot prices by increasing the volatility of the price process.
KEYWORDS: Speculation, agriculture, futures market, GARCH-model.
JEL-classification: G10, Q10. | nb_NO |
| dc.language.iso | eng | nb_NO |
| dc.publisher | Universitetet i Agder ; University of Agder | nb_NO |
| dc.subject.classification | BE 501 | |
| dc.title | The impact of speculation in commodity futures on food prices Modelling the impact of speculation using a generalized autoregressive conditional heteroscedasticity model (GARCH). | nb_NO |
| dc.type | Master thesis | nb_NO |
| dc.subject.nsi | VDP::Social science: 200::Economics: 210 | nb_NO |
| dc.source.pagenumber | 71 s. | nb_NO |
