This paper examines the long- and short-run asymmetric adjustments for nine pairs of spot and futures prices, itemized … potentially hedging the spot prices of agricultural commodities with ethanol futures contracts, which sends an important message …-run asymmetric adjustments for individual prices in the nine pairs (with exception of the corn own pair underscore the importance of …

farmers' abilities to move grain inter-temporally. Providing timely access to credit allows farmers to buy at lower prices and …Large and regular seasonal price fluctuations in local grain markets appear to offer African farmers substantial inter …-temporal arbitrage opportunities, but these opportunities remain largely unexploited: small-scale farmers are commonly observed to "sell …

This paper evaluates a well-known approach from the economic history literature that uses grain prices to shed light on … matched data on bank interest rates and grain prices for early 19th century U.S. regions, we find that the storage cost … differences in market performance, also in comparison to interest rate figures derived from the prices of bills of exchange. The …

This article leverages uniquely abundant town-level data to examine spatial inequality in prices and wages during the … First Globalisation. I build a new dataset on prices of traded and household goods, and wages of skilled and unskilled … real wages of day labourers and masons. I find strong convergence in grain prices and costs of living, but divergence in …