%0 Journal Article
%T Price dynamics and volatility of crude oil futures market: Inventory information shocks and trading activities of non-commercial traders<br>考虑投机活动和库存信息冲击的国际原油期货价格短期波动
%A BU Hui
%A HE Ya-nan
%A <br>部慧
%A 何亚男
%J 系统工程理论与实践
%D 2011
%I 
%X This paper examines the behavior of crude oil futures price volatility and investigates whether information shocks to market expectations about inventory and non-commercial traders' positions change have a significant effect on crude oil price and its volatility.It also studies how these factors,as well as other determinants,influence crude oil returns and volatility,whether returns are related to risks,and whether financial crises increase volatility in crude oil futures markets.This paper constructs a new...
%K crude oil futures
%K price fluctuate
%K inventory information shock
%K non-commercial positions<br>原油期货
%K 价格波动
%U http://www.alljournals.cn/get_abstract_url.aspx?pcid=01BA20E8BA813E1908F3698710BBFEFEE816345F465FEBA5&cid=962324E222C1AC1D&jid=1D057D9E7CAD6BEE9FA97306E08E48D3&aid=B3102CCF0F7AC5C9011080AFDDBA4B59&yid=9377ED8094509821&vid=4AD960B5AD2D111A&iid=E158A972A605785F&sid=09F7C8D609E885AE&eid=80BBC722D530DB8D&journal_id=1000-6788&journal_name=系统工程理论与实践&referenced_num=0&reference_num=27