The Fundamentals of Commodity Futures Returns
收藏NBER2007-07-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w13249
下载链接
链接失效反馈官方服务：
资源简介：
Commodity futures risk premiums vary across commodities and over time depending on the level of physical inventories, as predicted by the Theory of Storage. Using a comprehensive dataset on 31 commodity futures and physical inventories between 1969 and 2006, we show that the convenience yield is a
提供机构：
美国国家经济研究局创建时间：
2007-07-01
