The paper examines empirical returns from holding thirty- and ninety-day call and put positions,and the forecasting performance of implied volatility in the live and feeder cattle optionsmarkets. In both markets, implied volatility is an upwardly biased and inefficient predictor ofrealized...

Includes cover page, journal info, contents page, and editorial information

The paper examines empirical returns from holding thirty- and ninety-day call and put positions, and the forecasting performance of implied volatility in the live and feeder cattle options markets. In both markets, implied volatility is an upwardly biased and inefficient predictor of realized...

NAREA Outstanding Master's Thesis Award, NAREA Master's Thesis Award of Merit, NAREA Distinguished Member Awards, NAREA Award for Outstanding Public Service Through Economics, and NAREA's Journal Article of the Year for 2008

Includes: Front Cover, Editorial Information, Contents Page, Editorial Board, Association Officers, Executive Committee

The paper examined whether increasing agricultural output would lead to an expansion of employment in rural areas in the Caribbean and Sub-Saharan Africa (SSA). The paper found that the agricultural development problems in the Caribbean and SSA are very similar, especially, declining export...