This paper evaluates how different types of speculation affect the volatility of commodities’ futures prices. We adopt … four indexes of speculation: Working’s T, the market share of non-commercial traders, the percentage of net long … speculators over total open interest in future markets, which proxy for long term speculation, and scalping, which proxies for …

This paper evaluates how different types of speculation affect the volatility of commodities’ futures prices. We adopt … four indexes of speculation: Working’s T, the market share of non-commercial traders, the percentage of net long … speculators over total open interest in future markets, which proxy for long term speculation, and scalping, which proxies for …

This paper evaluates how different types of speculation affect the volatility of commodities’ futures prices. We adopt … four indexes of speculation: Working’s T, the market share of non-commercial traders, the percentage of net long … speculators over total open interest in future markets, which proxy for long term speculation, and scalping, which proxies for …

vulnerability to financial speculation for energy commodities over the period 1992-2010. We find that financial speculation is … degree of vulnerability to financial speculation characterizes the futures market for crude oil in the 2008 crisis. …

This paper evaluates how different types of speculation affect the volatility of commodities' futures prices. We adopt … four indexes of speculation: Working's T, the market share of non-commercial traders, the percentage of net long … speculators over total open interest in future markets, which proxy for long term speculation, and scalping, which proxies for …

CCC and DCC multivariate GARCH models, we find that financial speculation is poorly significant in modelling returns in … ; Futures Markets ; Financial Speculation ; Multivariate GARCH …