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
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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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Political Regime and Corruption Control: Information Quality and an Optimal Mechanism

Publication Date
2015-January-01
Document Type
Authors
Department or Program
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Abstract

Different political regimes have principals that possess different in- formation regarding agents' behavior. This paper studies how this difference affects the comparative efficiency of corruption control between a democratic regime and an authoritarian regime. We ob- serve that such comparative...

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