Returns to Speculators and the Theory of Normal Backwardation

• 1 March 1985
• journal article
• Published by JSTOR in The Journal of Finance
• Vol. 40  (1) , 193-208
• https://doi.org/10.2307/2328055

Abstract

Keywords

• WHEAT
• THEORY OF NORMAL
• UNBIASED ESTIMATES
• NORMAL BACKWARDATION
• SOYBEANS
• RETURNS TO SPECULATORS
• NONPARAMETRIC STATISTICAL
• STATISTICAL PROCEDURE