Bonjean, Catherine Araujo; Simonet, Catherine - HAL - 2012
Over the last two decades, millet prices in Niger have enjoyed periods of spectacular increase during which they seem … to the presence of rational speculative bubbles. Considering millet as a food asset we have developed a pricing model …, and tested for the presence of periodically and partially collapsing bubbles for 15 millet markets in Niger. The test …