Do Commodity Futures Help Forecast Spot Prices? /
We assess the spot price forecasting performance of 10 commodity futures at various horizons up to two years and test whether this performance is affected by market conditions. We reject efficient markets based on in-sample tests but, out-of-sample, we find that the forecast from the futures market...
| Egile nagusia: | |
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| Beste egile batzuk: | |
| Formatua: | Aldizkaria |
| Hizkuntza: | English |
| Argitaratua: |
Washington, D.C. :
International Monetary Fund,
2011.
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| Saila: | IMF Working Papers; Working Paper ;
No. 2011/254 |
| Sarrera elektronikoa: | Full text available on IMF |