Karali, Berna; Dorfman, Jeffrey H.; Thurman, Walter N. - Department of Agricultural and Consumer Economics, … - 2009
We study the difference in the volatility dynamics of CBOT corn, soybeans, and oats futures prices across different … delivery horizons via the smoothed Bayesian estimator of Karali, Dorfman, and Thurman (2010). We show that the futures price …