Etienne, Xiaoli Liao; Irwin, Scott H.; Garcia, Philip - In: Agricultural Finance Review 75 (2015) 1, pp. 114-132
Purpose – The purpose of this paper is to test for bubbles in the US hard red spring (HRS) wheat market from 2004 to … derived to date-stamp bubbles, one from Monte Carlo simulations, and the other from recursive wild bootstrap procedure …. Findings – The authors find that regardless of the price series adopted, sampling frequency chosen, or CVs used, bubbles …