RDP 2017-03: Financialisation and the Term Structure of Commodity Risk Premiums
Equation (1)
F
c
,
m
,
t
=
E
t
[
S
c
,
t
+
m
]
−
R
i
s
k
p
r
e
m
i
u
m
c
,
m
,
t
MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamOramaaBaaaleaacaWGJbGaaiilaiaad2gacaGGSaGaamiDaaqabaGccqGH9aqpcaWGfbWaaSbaaSqaaiaadshaaeqaaOWaamWaaeaacaWGtbWaaSbaaSqaaiaadogacaGGSaGaamiDaiabgUcaRiaad2gaaeqaaaGccaGLBbGaayzxaaGaeyOeI0IaamOuaiaadMgacaWGZbGaam4AaiaaykW7caWGWbGaamOCaiaadwgacaWGTbGaamyAaiaadwhacaWGTbWaaSbaaSqaaiaadogacaGGSaGaamyBaiaacYcacaWG0baabeaaaaa@56B2@