NBER Economics of Commodity Markets
Supported by the Alfred P. Sloan Foundation
October 27, 2012
SIEPR at Stanford

Saturday, October 27

1

Effects of Index-Fund Investing on Commodity Futures Prices

James D. Hamilton, University of California, San Diego and NBER
Jing Cynthia Wu, University of Illinois Urbana-Champaign and NBER

2

Feedback Effects of Commodity Futures Prices

Michael Sockin, University of Texas at Austin
Wei Xiong, Princeton University and NBER

3

A Model of Financialization of Commodities

Suleyman Basak, London Business School
Anna Pavlova, London Business School

4

Can Markets Discipline Government Agencies? Evidence from the Weather Derivatives Market

Amiyatosh Purnanandam, University of Texas at Austin
Daniel Weagley, University of Tennessee, Knoxville (UT)

5

Monetary Policy Responses to Oil Price Fluctuations

Martin Bodenstein, Fedral Reserve Board
Luca Guerrieri, Federal Reserve Board of Governors
Lutz Kilian, Federal Reserve Bank of Dallas

6

Bubbles in Prices of Exhaustible Resources

Boyan Jovanovic, New York University and NBER

7

Demand Effects and Speculation in Oil Markets: Theory and Evidence

Eyal Dvir, Charles River Associates
Kenneth S. Rogoff, Harvard University and NBER

8

Dynamic Jump Intensities and Risk Premiums in Crude Oil Futures and Options Markets

Peter Christoffersen, University of Toronto
Kris Jacobs, University of Houston
Bingxin Li, West Virginia University

9

The Price of Oil Risk

Steven D. Baker, University of Virginia
Bryan Routledge, Carnegie Mellon University