The Economics of Commodity Markets.
Position | Conferences |
The NBER held its annual Universities Research Conference in Cambridge on May 15-16. Research Associates Kenneth Singleton of Stanford University and Wei Xiong of Princeton University organized the meeting on the topic "The Economics of Commodity Markets." These papers were discussed:
* Harrison Hong, Princeton University and NBER; Aureo de Paula, University College London; and Vishal Singh, New York University, "Hoard Behavior and Commodity Bubbles" (NBER Working Paper No. 20974)
* Sylvain Leduc, Federal Reserve Bank of San Francisco; Kevin Moran, Universite Laval (Quebec City); and Robert Vigfusson, Federal Reserve Board, "A Decade of Learning: The Role of Beliefs in Oil Futures Markets During the 2000s"
* Itay Goldstein, University of Pennsylvania, and Liyan Yang, University of Toronto, "Commodity Financialization: Risk Sharing and Price Discovery in Commodity Futures Markets"
* Erik P. Gilje, University of Pennsylvania; Robert C. Ready, University of Rochester; and Nikolai Roussanov, University of Pennsylvania and NBER, "Fracking, Drilling, and Asset Pricing: Estimating the Economic Benefits of the Shale Revolution"
* Rabah Arezki, International Monetary Fund; Valerie A. Ramey, University of California, San Diego, and NBER; and...
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