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Eine gesicherte Versorgung mit umweltfreundlicher und preisgünstiger Energie ist für unser Leben unverzichtbar. Dabei erfordert das Ziel nachhaltiger Entwicklung insbesondere die Erschließung erneuerbarer Energien. Biomasse ist eine wirtschaftlich besonders günstig zu erschließende Quelle...
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"This paper finds that, concurrent with the rapid growing index investment in commodities markets since early 2000s, futures prices of different commodities in the US became increasingly correlated with each other and this trend was significantly more pronounced for commodities in the two...
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"Commodity futures risk premiums vary across commodities and over time depending on the level of physical inventories, as predicted by the Theory of Storage. Using a comprehensive dataset on 31 commodity futures and physical inventories between 1969 and 2006, we show that the convenience yield...
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