Spread, inventory and spot price volatility in the platinum market
Includes bibliographical references === The central idea of the theory of storage is that the level of inventory influences the effect that changes in the demand-and-supply conditions have on spot and futures prices. With the use of monthly data for the period January 1992 to January 2010, I find th...
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Format: | Dissertation |
Language: | English |
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University of Cape Town
2015
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Online Access: | http://hdl.handle.net/11427/12453 |