Devil or Angel? The Role of Speculation in the Recent Commodity Price Boom (and Bust)

作者: Scott H. Irwin , Dwight R. Sanders , Robert P. Merrin

DOI: 10.1017/S1074070800002856

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摘要: … It is commonly asserted that speculative buying by index funds in commodity futures and … a "bubble" in commodity prices, with the result that prices, and crude oil prices, in particular, far …

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