| id |
eprints-31692
|
| recordtype |
eprints
|
| institution |
SOAS, University of London
|
| collection |
SOAS Research Online
|
| language |
English
|
| language_search |
English
|
| description |
A recent debate about the financialisation of commodity markets has stimulated the development of new approaches to price formation which incorporate index traders as a new trader category. I survey these new approaches by retracing their emergence to traditional price formation models and show that they arise from a synthesis between commodity arbitrage pricing and behavioural pricing theories in the tradition of Keynesian inspired hedging pressure models. Based on these insights, I derive testable hypotheses and provide guidance for a growing literature that seeks to empirically evaluate the effects of index traders on price discovery in commodity futures markets.
|
| format |
Journal Article
|
| author |
van Huellen, Sophie
|
| author_facet |
van Huellen, Sophie
|
| authorStr |
van Huellen, Sophie
|
| author_letter |
van Huellen, Sophie
|
| title |
Approaches to Price Formation in Financialised Commodity Markets
|
| publisher |
Wiley
|
| publishDate |
2020
|
| url |
https://eprints.soas.ac.uk/31692/
|
