RESEARCH ON FUTURES MARKETS: ISSUES, APPROACHES, AND EMPIRICAL FINDINGS

This paper presents a brief assessment of the recent futures and options literature with reference only to agricultural markets. The discussion centers on the marketsÂ’ social value and economic value to firms. Issues currently unresolved are highlighted, in some cases by presenting hypotheses contrary to standard positions. Overall, the current literature describes these markets as having positive social value and serving useful functions at the firm level, but existing theory and empirical methods are criticized for many weaknesses.


Subject(s):
Issue Date:
1989-07
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/32449
Published in:
Western Journal of Agricultural Economics, Volume 14, Number 1
Page range:
126-139
Total Pages:
14




 Record created 2017-04-01, last modified 2017-08-25

Fulltext:
Download fulltext
PDF

Rate this document:

Rate this document:
1
2
3
 
(Not yet reviewed)