Updating the Estimation of the Supply of Storage Model
An updated supply of storage equation is estimated to reflect recent developments in the theoretical and empirical literature. Among the findings is an inverse relationship between storage cost adjusted price spread and a proxy measure of convenience yield, and a curvilinear relationship between stocks-to-use ratio and implied volatility.
|Date of creation:||2005|
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- repec:cup:cbooks:9780521326162 is not listed on IDEAS
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