Grain Futures Contracts: An Economic Appraisal

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Grain Futures Contracts: An Economic Appraisal

Pirrong

Rok vydania: 1993

Vydavateľ: Springer

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O knihe:

This book is an independent scholarly analysis of the economics of the grain futures contracts of the Chicago Board of Trade (CBT), special attention being paid to the recent performance and future prospects of a crucial aspect of grain futures contracts - the delivery process. Delivery links futures and spots markets, and is essential to the efficient performance of a grain futures contract. Both hedging effectiveness and the `informativeness' of futures prices depend upon this linkage.

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Vydavateľstvo: Springer

Rok vydania: 1993

ISBN: 978-0-7923-9327-6

(9780792393276)

Väzba: tvrdá