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This article visits the question of whether canceled warrants (CWs) have a positive effect on LME metal prices. To examine this question carefully, a regression model is applied. This paper finds a statistically significant positive link between CWs and LME metal prices, including aluminum,...
Persistent link: https://www.econbiz.de/10012038512
The motivation of this paper is to identify the effect of treatment charge (TC) on LME (London Metal Exchange) copper prices. It is a fundamental variable as a supply side factor, because it is related to the smelting process and reflects the level of concentrates market tightness. To examine...
Persistent link: https://www.econbiz.de/10012238438
(cash) in the LME is rejected based on the false premise that the financialization of commodities has been growing. For the …
Persistent link: https://www.econbiz.de/10011857349
This paper employs Granger causality tests to analyze the role of speculators using weekly COTR (commitment of traders reports) data covering the period of August 2014 to July 2017. The paper presents statistically significant evidence that the position changes of speculators, such as hedge...
Persistent link: https://www.econbiz.de/10012038588
(ETFs), amplified the volatility transmission channel introduced by financialization. This paper focuses on the volatility … spillover effects among crude oil, metals, agriculture, and non-energy commodity markets. The results show financialization has …
Persistent link: https://www.econbiz.de/10011961264
This paper examines the steady state properties of the Threshold Vector Autoregressive model. Assuming that the trigger variable is exogenous and the regime process follows a Bernoulli distribution, necessary and sufficient conditions for the existence of stationary distribution are derived. A...
Persistent link: https://www.econbiz.de/10011895647
The emergence of financial technology (Fintech) has greatly impacted the financial landscape in Sub-Saharan Africa (SSA) in recent years. The impact on bank funding and economic growth in the region cannot be ignored. This paper examines the extent to which Fintech has affected bank funding and...
Persistent link: https://www.econbiz.de/10014500906
After more than a decade of existence, crypto-currencies may now be considered an important class of assets presenting some unique appealing characteristics but also sharing some features with real financial assets. This paper provides a comprehensive statistical analysis of the six most...
Persistent link: https://www.econbiz.de/10012386865
This study aimed to examine the macroeconomic and firm-specific determinants of financial performance using 121 listed non-life insurance companies from 48 African countries for the period 2008–2019. Panel data of 1452 observations were examined using both ordinary least squares and two-step...
Persistent link: https://www.econbiz.de/10014480220
Persistent link: https://www.econbiz.de/10011868125