Vassar College Digital Library

Vassar Scholarship

Vassar Scholarship, the institutional repository formerly known as Digital Window, reflects the research and scholarly output of the Vassar College community.  It provides access to a variety of collections, including senior theses and projects across a wide range of disciplines.

Does Speculation Make Commodity Spot Markets More Volatile?

Publication Date
2022-May-02
Department or Program
Document Type
Access Level
Abstract

This paper examines how increased speculator participation in the commodity
futures market affects spot price volatility. Consistent with results from the
majority of existing literature on this subject, I find no evidence that speculators
destabilize the commodity spot market. More...

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Wealth effects of supervisory goodwill litigation: A portfolio approach

Publication Date
2000-March-18
Document Type
Department or Program
Document Type
Abstract

Using a unique set of publicly-traded litigation certificates, we measure the wealth effects of (largely) unanticipated damage awards in the ongoing supervisory goodwill litigation between thrifts and the federal government. Estimating abnormal returns for portfolios of litigation certificates and retained...

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