We model a futures exchange's clearinghouse as a "bank" holding a portfolio of credit lines available to its clearing members and collateralized with clearing margins or, equivalently, a portfolio of short European put basket options. Consequently, the "bank" model measures the clearinghouse's...

This report presents marketing profiles and loan deficiency payment/marketing loan gain profiles for the advisory services followed by the AgMAS Project for the 1995 through 2000 corn crops. Marketing profiles are constructed by plotting the cumulative net amount priced under each program's set...

This report presents marketing profiles and loan deficiency payment/marketing loan gain profiles for the advisory services followed by the AgMAS Project for the 1995 through 2000 soybean crops. Marketing profiles are constructed by plotting the cumulative net amount priced under each program's...

As a country mostly surrounded by water, Korea has good potential for offshore wind energy utilization. With offshore wind turbines growing larger and with increasing water depth, jacket structures are attracting increased attention because they appear to be cost-effective, but they are still at...

Korea has huge potential for offshore wind energy and the first Korean offshore wind farm has been initiated off the southwest coast. With increasing water depth, different substructures of the offshore wind turbine, such as the jacket and multipile, are the increasing focus of attention because...

As a country mostly surrounded by water, Korea plans to build a massive offshore wind farm off the west coast by 2019. Due to the different seabed condition, wind turbine with jacket foundation is considered as a suitable choice for the intermediate water depths so far. And preliminary work is...

This report presents marketing profiles and loan deficiency payment/marketing loan gain profiles for the advisory services followed by the AgMAS Project for the 2002, 2003 and 2004 soybean crops. Marketing profiles are constructed by plotting the cumulative net amount priced under each...

This report presents marketing profiles and loan deficiency payment/marketing loan gain profiles for the advisory services followed by the AgMAS Project for the 2002, 2003 and 2004 corn crops. Marketing profiles are constructed by plotting the cumulative net amount priced under each program’s...

The cost of forward contracting corn is estimated with weekly pre-harvest forward bases for seven regions of Illinois from 1975 to 2002. Given the panel structure of the forward basis dataset, we extend Townsend and Brorsen's univariate unit root model for forward bases to a panel unit root...