Commodity price dynamics
Subtitle: a structural approach
By: Craig Pirrong
Publisher: Cambridge University Press
Published: 2012
Place of publication: Cambridge; New York
Language: eng
Number of pages: 224
ISBN-13: 9780521195898
Subjects: Prices; Forecasting; Commodity exchanges
Description: "Commodities have become and important component of many investors' portfolios and the focus of much political controversy over the past decade. This book utilizes structural models to provide a better understanding of how commodities' prices behave and what drives them. It exploits differences across commoditites and examines a variety of predictions of the models to identify where they work and where they fail. The findings of the analysis are useful to scholars, traders, and policy makers who want to better understand often puzzling--and extreme--movements in the prices of commoditites from aluminum to oil to soybeans to zinc"--Provided by publisher.
Notes: Includes bibliographical references (p. 217-220) and indexes.