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Essays on the Competitive Commodity Storage Model

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서명/저자사항Essays on the Competitive Commodity Storage Model.
개인저자Guerra, Ernesto A.
단체저자명University of California, Berkeley. Agricultural Economics.
발행사항[S.l.]: University of California, Berkeley., 2018.
발행사항Ann Arbor: ProQuest Dissertations & Theses, 2018.
형태사항62 p.
기본자료 저록Dissertation Abstracts International 80-01A(E).
Dissertation Abstract International
ISBN9780438324541
학위논문주기Thesis (Ph.D.)--University of California, Berkeley, 2018.
일반주기 Source: Dissertation Abstracts International, Volume: 80-01(E), Section: A.
Adviser: Brian Darven Wright.
요약This dissertation consists of three essays on the competitive commodity storage model. This model provides a basis for rationalizing many of the observed qualitative features of the behavior of prices of storable commodities. I attempt to make a
요약In the first chapter, I analyze the ability of the standard commodity storage model to replicate serial correlation in annual prices. Calendar year averages of prices induce spurious smoothing of price spikes, a fact that has been surprisingly o
요약In the second chapter, I propose an alternative numerical strategy for solving nonlinear rational expectation models with inequality constraints. It addresses three problems observed in the standard solution method: lack of robustness to scaling
요약Finally in the third chapter, I present a critique of a theoretical version of the competitive commodity storage model that assumes a support for the speculative storage that is bounded from below at zero, and above at a exogenous predetermined
일반주제명Agricultural economics.
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