) incommodity futures price volatility spurious, following Granger?s conjecture? Yes,only two out of eleven commodities are ….Second, do large Index Traders such as commodity pools and pension funds increasefutures price volatility through a large volume …

persistence in output.Unfortunately only the response of consumption to a money growth shock can beimproved. For a high enough … value of the habit persistence parameter consumptioncan even be hump-shaped, as it is empirically (see Figure 1.4).Chapter 5 … can even strengthen the persistence in output. In the absence of thecosts for adjusting the capital stock there are only …

persistence risk value using institutional data. (b) The finding that many variables vary in predicting persistence depending on … incorrect to conclude that variables that affect persistence at one academic level do so at all levels. Relevant to the specific … predicted changes in the institutional persistence of students. The probabilities obtained can be interpreted as an empirical …