Rational Expectations and Commodity Price Forecasts
Author: Boum-Jong Choe
Publisher: World Bank Publications
Published:
Total Pages: 27
ISBN-13:
DOWNLOAD EBOOK →Author: Boum-Jong Choe
Publisher: World Bank Publications
Published:
Total Pages: 27
ISBN-13:
DOWNLOAD EBOOK →Author: Boum Jong Choe
Publisher:
Published: 1990
Total Pages: 32
ISBN-13:
DOWNLOAD EBOOK →Forecasts for the primary commodity market by the Bank's International Commodity Markets Division - with significant but not excessive adaptation to spot- price movements - probably are reasonable, optimal short- term forecasts, superior to "naive" forecasts or futures prices.
Author: Boum-Jong Choe
Publisher: World Bank Publications
Published: 1990
Total Pages: 28
ISBN-13:
DOWNLOAD EBOOK →Author: C. L. Gilbert
Publisher:
Published: 1990
Total Pages: 68
ISBN-13:
DOWNLOAD EBOOK →The standard linear model fails to account for primary commodity price movements in any significant area, so it is important to do more empirical work to learn to which commodities this nonlinear model applies.
Author: Barry Goss
Publisher: Routledge
Published: 2005-10-09
Total Pages: 252
ISBN-13: 113497521X
DOWNLOAD EBOOK →Do traders in futures markets make use of all relevant information and is this reflected in prices? This collection of original essays by a team of international economists considers these and other questions central to futures markets.
Author: Roman Frydman
Publisher: Cambridge University Press
Published: 1986-10-02
Total Pages: 254
ISBN-13: 9780521310956
DOWNLOAD EBOOK →The papers in this volume provide a complex view of market processes.
Author: L. Alan Winters
Publisher: Cambridge University Press
Published: 1990-03-08
Total Pages: 334
ISBN-13: 9780521385503
DOWNLOAD EBOOK →Commodity markets are of considerable interest and importance to economists, econometricians and dealers. This book reports the proceedings of an international conference on 'Primary Commodity Prices: Economic Models and Policy', held in London under the auspices of the Centre for Economic Policy Research in March 1989. A range of papers by leading international authorities covers topics such as expectations formation in econometric commodity market models; price determination in the market for aluminium; the estimation of dynamic disequilibrium models with rational expectations; and a comparison of forward markets and buffer stocks as commodity earnings stabilizers. A key feature of this stock is its development of the policy implications of theoretical and empirical work in the field of commodity economics. Most papers are accompanied by discussant's comments to draw out their technical and policy implications. The book's readership will include commodity economists, commodity market practitioners and policy analysis, as well as professionals and advanced students interested in the fields of applied econometrics, economic development and international trade.
Author: François Gardes
Publisher: Edward Elgar Publishing
Published: 2000
Total Pages: 322
ISBN-13:
DOWNLOAD EBOOK →Economists and scholars in related fields discuss the concept of rationality of expectations from both a theoretical and an empirical point of view, and at both individual and collective levels. Concerning the first aspect, the book focuses on how agents collect and process information and how market opinion is formed. Concerning the second aspect, it presents studies based on individual price expectations and on the consensus revealed by survey data. Contributors analyze price expectations in a variety of markets, periods, and countries, paying special attention to financial markets which have represented the main field of study over the last ten years. Annotation copyrighted by Book News Inc., Portland, OR
Author: Frederic S. Mishkin
Publisher: University of Chicago Press
Published: 2007-11-01
Total Pages: 184
ISBN-13: 0226531929
DOWNLOAD EBOOK →A Rational Expectations Approach to Macroeconometrics pursues a rational expectations approach to the estimation of a class of models widely discussed in the macroeconomics and finance literature: those which emphasize the effects from unanticipated, rather than anticipated, movements in variables. In this volume, Fredrick S. Mishkin first theoretically develops and discusses a unified econometric treatment of these models and then shows how to estimate them with an annotated computer program.