RDP 2017-03: Financialisation and the Term Structure of Commodity Risk Premiums
Equation (8)
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c
,
m
,
t
=
α
+
β
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I
n
d
e
x
c
+
∑
γ
t
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1
(
Y
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a
r
=
y
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t
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∑
θ
t
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n
d
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1
(
Y
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a
r
=
y
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t
+
ω
∗
N
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P
c
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t
+
ϑ
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M
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k
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P
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03
t
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03
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