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The potential accession of Turkey to the EU, and the related adoption of the CAP by Turkey,is expected to influence … agricultural markets in both the EU and Turkey. The extent of theaccession impacts depends on the one hand on the way the CAP will …-membership simulation show that the impacts on agriculturalmarkets in Turkey are significant, while effects on EU markets are rather limited …
Persistent link: https://www.econbiz.de/10009446181
Persistent link: https://www.econbiz.de/10009442718
This paper brings time series techniques to bear on the relationships between the prices of the principal types of wheat traded internationally. In all, the relationships between eleven wheat prices (categorised by wheat quality, harvest date and port of despatch) are scrutinised to uncover the...
Persistent link: https://www.econbiz.de/10009443142
During the food crisis in 2007/2008 the government of Serbia restricted the exportof wheat to ensure that wheat supply on the domestic market is sufficient therebydampening the increase in consumer food prices.This study investigates the effects of the export restriction on the integration,...
Persistent link: https://www.econbiz.de/10009445908
This paper investigates the impacts of export controls in Russia and Ukraine on wheat world market price transmission during the 2007/2008 global food crisis. Russia and Ukraine aimed to reduce wheat exports induced by extraordinarily high world market prices to secure sufficient wheat supply on...
Persistent link: https://www.econbiz.de/10009446143
The purpose of this paper is to expand the research on momentum strategies in the securities market. Specifically, it examines the momentum anomaly in respect to the commodity futures market, and closely follows recent work as studied by Miffre and Rallis (2007). This study identifies one...
Persistent link: https://www.econbiz.de/10009434769
While the low P/E effect has been examined rather extensively in international markets particularly in the US, there is a notable absence of Australian market-based P/E studies. This research examines the relationship between the investment performance of Australian Industrial common stock and...
Persistent link: https://www.econbiz.de/10009441755
In recent years a number of market participants called into question the efficiency of the price discoverymechanism in commodity futures markets. They believe that speculators move commodity futures marketsaway from their fundamentals by distorting prices and exacerbating volatility. The smoking...
Persistent link: https://www.econbiz.de/10009445112
This thesis will first criticize standard financial theory. The focus will be on return distributions, efficient market hypothesis and the independence of returns. Part two gives the intuition to look at markets in a different view. Namely the one proposed by B. Mandelbrot who has shown that...
Persistent link: https://www.econbiz.de/10009467109
In this Master‘s Thesis the Baltic Stock Exchange’s (Lithuanian, Latvian and Estonian) efficiency is valued for the period of 2004-2009. This thesis aims to evaluate the reaction of Baltic stock exchange to quarterly financial statement announcements. To reach this aim the concept of market...
Persistent link: https://www.econbiz.de/10009478248