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Authors, please upload your paper here. |
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National
Bureau of Economic Research |
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NBER
Meeting on Economics of Commodity Markets |
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Kenneth Singleton and Wei Xiong, Organizers |
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SIEPR |
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Gunn Building |
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Koret Taube-Room 120 |
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366 Galvez Street |
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Stanford, CA 94305 |
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October
27, 2012 |
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PROGRAM |
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Saturday,
October 27 |
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8:00 am |
Continental breakfast |
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8:30-9:40 |
Financialization of Commodities: What Do We Know? |
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James Hamilton, University of California at Dan Diego and
NBER |
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Cynthia Wu, University of Chicago |
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New Evidence on
the Financialization of Commodity Markets |
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Brian J. Henderson, George Washington University |
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Neil D. Pearson and Li Wang, University of Illinois at
Urbana-Champaign |
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Discussant: Lutz Kilian, University of Michigan |
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9:40-10:30 |
Financialization of Commodities: Theoretical Perspectives |
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Michael Sockin, Princeton University |
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Wei Xiong, Princeton University and
NBER |
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Suleyman Basak and Anna Pavlova,
London Business School |
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10:30-11:00 |
Break |
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11:00-12:00 |
What can We Learn from the Commodity Prices? |
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Domenico Ferraro, Duke University |
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Kenneth S. Rogoff, Harvard University
and NBER |
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Barbara Rossi, Duke University |
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Can Markets Discipline Government Agencies?
Evidence from the Weather Derivatives Market |
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Amiyatosh Purnanandam and Daniel Weagley, University of Michigan |
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12:00-1:20 |
Lunch and Panel Discussion (tentative) |
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Severin Borenstein, University of California
at Berkeley and NBER |
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Andrei Kirilenko, Commodity Futures
Trading Commission |
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Arun Majumdar, Department of Energy |
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Sheridan Titman, University of Texas at Austin and NBER |
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1:30-2:30 |
Commodity Prices, Monetary Policies, and Local Economies |
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Monetary
Policy Responses to Oil Price Fluctuations |
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Martin Bodenstein, Asian Development
Bank |
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Luca Guerrieri, Federal Reserve Board |
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Lutz Kilian, University of Michigan |
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The Local
Economic Effects of Commodity Booms and Busts in Modern America |
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Hunt Allcott, New York University and
NBER |
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Daniel Keniston, Yale University |
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2:30-2:50 |
Break |
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2:50-4:00 |
Commodity Bubbles and Storage |
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Boyan Jovanovic, New York University and
NBER |
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Demand Effects
and Speculation in Oil Markets: Theory and Evidence |
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Eyal Dvir, Boston College |
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Kenneth Rogoff, Harvard University and
NBER |
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Discussant: Chester Spatt, Carnegie Mellon
University and NBER |
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4:00-4:20 |
Break |
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4:20-5:20 |
Commodity Risk |
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Dynamic
Jump Intensities and Risk Premiums in Crude Oil Futures and Options Markets |
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Peter Christoffersen, University of
Toronto |
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Kris Jacobs and Bingxin
Li, University of Houston |
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Steven D. Baker and Bryan R. Routledge,
Carnegie Mellon University |
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6:30 pm |
Dinner, Indo Restaurant (formerly Straits
Café) |
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3295 El Camino Real |
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Palo Alto, CA |
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10/22/12 |
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