Browsing by Author "Algieri, Bernardina"
Now showing items 1-8 of 8
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A journey through the history of commodity derivatives markets and the political economy of (de)regulation
Algieri, Bernardina (2018-12)The present study examines the dynamics and regulatory regimes of commodity derivatives markets through time. The historical perspective allows to identify the reasons behind the use of derivatives and the impact of changing ... -
A roller coaster ride: an empirical investigation of the main drivers of wheat price
Algieri, Bernardina (2013-02)Over the last decade, commodity prices have registered substantial booms and busts marked by extreme volatility. Wheat in particular, one of the main non-oil commodities, has registered a roller-coaster in price levels ... -
Back to the futures: An assessment of commodity market efficiency and forecast error drivers
Algieri, Bernardina; Kalkuhl, Matthias (2014-09)The role of futures markets in stabilizing spot prices has been extensively discussed. Nevertheless, the ability of these markets to achieve the stabilizing function significantly depends on whether they are ‘efficient’ ... -
Price volatility, speculation and excessive speculation in commodity markets: sheep or shepherd behaviour?
Algieri, Bernardina (2012-05)The present study aims to investigate the dynamics of primary commodity prices and the role of speculation over time. In particular the relationship between speculation and price volatility on the one side, and the linkage ... -
The Changing Drivers of Food Inflation – Macroeconomics, Inflation, and War
Algieri, Bernardina; Kornher, Lukas; von Braun, Joachim (2024-02)The inflation surge in recent years is having profound social, economic, and political consequences. In particular, food price increases strongly affect low-income segments of the population. What makes this period so ... -
The effects of the Dutch disease in Russia
Algieri, Bernardina (2004-01)This paper shows how the Dutch Disease has affected the Russian economy since the start of the transition in the early 1990s. Four symptoms have been detected, namely: 1) a real exchange rate appreciation, 2) a temporary ... -
The influence of biofuels, economic and financial factors on daily returns of commodity futures prices
Algieri, Bernardina (2014-02)Biofuels production has experienced rapid growth worldwide as one of several strategies to promote green energy economies. Indeed, climate change mitigation and energy security have been frequent rationales behind biofuel ... -
Wave after wave: Contagion risk from commodity markets
Algieri, Bernardina; Leccadito, Arturo (2017-05)The aim of this study is to investigate the possible contagion risk coming from energy, food and metals commodity markets and to assess risk spillovers from biofuel to food commodity markets and from crude oil to food ...