DocumentCode
2130894
Title
Can the futures market reveal the risk of inflation?
Author
Feng, He
Author_Institution
The Institute of Economic Studies, Yunnan University of Economics and finance, Kunming, China
fYear
2010
fDate
4-6 Dec. 2010
Firstpage
5736
Lastpage
5739
Abstract
The dynamic relationship between the commodity futures index and CPI in both china and USA is empirical studied in this paper, by using Granger causality test and the ARDL bound test. The results showed that: CRB commodity futures index can guide the CPI of USA, which can be an early warning indicator of inflation; while the Nanhua Futures Index (NFI) can not yet play a guiding role in Chinese CPI movements.
Keywords
Banking; Economic indicators; Electronic countermeasures; Finance; Indexes; USA Councils; ARDL bound test; inflation; the futures market;
fLanguage
English
Publisher
ieee
Conference_Titel
Information Science and Engineering (ICISE), 2010 2nd International Conference on
Conference_Location
Hangzhou, China
Print_ISBN
978-1-4244-7616-9
Type
conf
DOI
10.1109/ICISE.2010.5690516
Filename
5690516
Link To Document