that significantly decline when futures price volatility is high and when delivery basis weakens significantly … volatility. Overall, we were able to observe ostensible changes in hedgers‟ market participation under changing market conditions. …

published information on milk prices. A structural price volatility-trading volume model is specified and is estimated using the … price volatility, which is opposite to the typical “Samuelson effect” for other commodity futures, and (ii) both price …

This paper assesses the roles of various factors influencing the volatility of crude oil prices and the possible … linkage between this volatility and agricultural commodity markets. Stochastic volatility models are applied to weekly crude … including mean-reversion, a negative correlation between price and volatility, volatility clustering, and infrequent compound …

volatility, it would actually increase domestic price volatility in developing countries, largely by restricting imports when …

of income. Yet some in this debate have argued that, given the extreme volatility in agricultural commodity markets, the …. Results indicate that the short-run impacts of trade liberalization on poverty are not distinguishable from market volatility …

shocks have a greater impact in the volatility of returns in coffee than positive shocks. The presence of the leverage effect …