Tang and Xiong (2009) discuss the financialization of commodities markets as aresult of increased index investing activity in the past decade. They find empiricalevidence of increased exposure of commodities prices to shocks to other assetclasses. We build a feedback model to try and capture some of these effects in whichtraditional economic dem...
Sircar, Ronnie (Princeton University)
University of Minnesota, Institute for Mathematics and its Applications.