| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 6693355 | Applied Energy | 2013 | 9 Pages |
Abstract
⺠The futures performs price discovery better in both crude and gasoline markets. ⺠The gasoline contributes more to price discovery in its interaction with crude. ⺠Crude does risk transfer better than gasoline in their respective futures markets. ⺠The risk transfer between crude oil and gasoline markets does not function well. ⺠The recent financial crisis does not impact the price discovery and risk transfer.
Related Topics
Physical Sciences and Engineering
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Authors
Yue-Jun Zhang, Zi-Yi Wang,