Updating the Estimation of the Supply of Storage Model

An updated supply of storage equation is estimated to reflect recent developments in the theoretical and empirical literature. Among the findings is an inverse relationship between storage cost adjusted price spread and a proxy measure of convenience yield, and a curvilinear relationship between stocks-to-use ratio and implied volatility.


Issue Date:
2005
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/19122
Total Pages:
32
JEL Codes:
Q11; Q14; G10
Series Statement:
Selected Paper 136934




 Record created 2017-04-01, last modified 2017-08-24

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