Kupabado, Moses M.; Kaehler, Juergen - In: Journal of Futures Markets 41 (2021) 12, pp. 1988-2008
Commodity financialization has been a subject of discussion since the 2008 financial crisis. It is estimated that between 2003 and 2008, index investorsʼ positions increased from $13 billion to $317 billion. Surprisingly, most studies, predominantly based on Granger‐causality testing, find no...