Crude palm oil futures market efficiency: Long memory investigation
The two fundamental functions of a futures market is the price discovery function and the hedging (or risk transfer) function. These functions can be achieved optimally if the market is efficient. This study employs daily data for the Malaysian crude palm oil (CPO) futures from 1997 to 2010 to explo...
| Main Authors: | , , |
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| Format: | Conference or Workshop Item |
| Language: | English |
| Published: |
2013
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| Subjects: | |
| Online Access: | https://repo.uum.edu.my/id/eprint/12274/1/2409140410.pdf |