Monday, August 12, 2024
Academic Keynote: Trends and Policies Affecting Energy Markets: What economists know, think they know, or might not tell you.
Brian Wright, Department of Agricultural and Resource Economics, University of California Berkeley
Discussion will focus on crop yield trends, energy prices, Malthusian projections, biofuels policy and food security, with added comments on the effectiveness of sanctions and supply chain disruptions in times of conflict.
Session I: Economics of Energy and Emissions Markets
Chair: Thomas Lee, US EIA
“Macro and Asset Price Dynamics During the Climate Transition: Evidence from the Oil Sector”
Michael Donadelli (University of Brescia, Italy), Patrick Grüning (Bank of Latvia), and Steffen Hitzemann (University of Houston) Discussant: Diego Garcia, University of Colorado Boulder
“The Impact of Forward Guidance on the Crude Oil Market”
Xiaohan Ma (Texas Tech University), and Xuhui (Nick) Pan (University of Oklahoma). Discussant: Thomas Lee, US EIA
“Drilling and DUCs in the Permian Basin”
Asad Dossani (Colorado State University), and John Elder (Colorado State University). Discussant: Michael Plante, Federal Reserve Bank of Dallas
“Drivers of Emissions Prices - Disentangling Fundamental Shocks in the European Emissions Market”
Andreas Maulberger (University of Augsburg, Germany), Andreas Rathgeber (University of Augsburg, Germany). Discussant: Ian Lange, Colorado School of Mines
Session II: Issues on Agricultural Commodity Markets
Chair: Fred Seamon, CME Group
“Using Weather-based Crop Yield Forecasts to Estimate Commodity Demand”
Michael J. Roberts (University of Hawaiʻi), and Sisi Zhang (University of Hawaiʻi). Discussant: Haibo Jiang, University of Quebec at Montreal, Canada
“Corn Futures Deliveries: Why? When? So What?”
Vitor M.O. Fernandes (Hedge Point Global), Eugene L. Kunda (U.S. CFTC), Michel A. Robe (University of Richmond). Discussant: Fred Seamon, CME Group
“Real-Time Tracking of Public Announcements in the Limit Order Book”
Mehdi Arzandeh (Lakehead University, Canada), Julieta Frank (University of Manitoba, Canada), and Justin Daniels (University of Manitoba, Canada). Discussant: Hong Miao Colorado State University
“The Determinants of Marginal Convenience Yield in Agricultural Commodity Markets”
Theodora Bermpei, and Athanasios Triantafyllou (IÉSEG School of Management, France): Discussant: Asad Dossani, Colorado State University
Tuesday, August 13, 2024
Shorter Paper Presentation Session (Issues on Commodity Markets)
Chair: Jian Yang, University of Colorado Denver
“Natural gas and the Macroeconomy: Not All Energy Shocks are Alike”
Piergiorgio Alessandri (Bank of Italy), and Andrea Gazzani (Bank of Italy).
“Commodity dependence and Optimal Asset allocation”
Vianney Dequiedt (Universit´e Clermont Auvergne, France), Mathieu Gomes (Universit´e Clermont Auvergne, France), Kuntara Pukthuanthong (University of Missouri, Columbia),
“Spillover Effects in Energy Markets”
Amelie Schischke (University of Augsburg, Germany), and Andreas Rathgeber (University of Augsburg, Germany).
Session III: Mineral and Broader Commodity Markets
Chair: Robert Webb (University of Virginia)
Gurdip Bakshi (Temple University), Xiaohui Gao (Temple University), and Zhaowei Zhang (Temple University). Discussant: Hitesh Doshi, University of Houston
“Investing in the Batteries and Vehicles of the Future: A View Through the Stock Market”
Michael Plante (Federal Reserve Bank of Dallas). Discussant: Steffen Hitzemann, University of Houston
“Commodity Prices, Discount Rates, and Expected Dividend Growth”
Aoxiang Yang (Peking University, China). Discussant: Nishad Kapadia, Tulane University
“Expected Skewness, Forecast Combination, and Commodity Futures Returns”
Jun Cai (City University of Hong Kong), Bart Frijns (Open Universiteit of the Netherlands, Netherlands) and Robert Webb (University of Virginia). Discussant: Andrew Detzel, Baylor University