Commodity price dynamics : a structural approach /

"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 d...

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Bibliographic Details
Main Author: Pirrong, Stephen Craig, 1959-
Corporate Author: ebrary, Inc
Format: eBook
Language:English
Published: New York : Cambridge University Press, 2012.
Subjects:
Online Access:Connect to the full text of this electronic book
Description
Summary:"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.
Item Description:Electronic resource.
Physical Description:1 online resource (xiii, 224 pages) : illustrations
Bibliography:Includes bibliographical references and indexes.
ISBN:1139185225 (electronic bk.)
9781139185226 (electronic bk.)