英文文献：The Price Adjustment Process And Efficiency Of Grain Futures Markets Implied By Return Series Of Various Time Intervals
英文文献作者：Liu, Shi-Miin,Thompson, Sarahelen R.
英文文献摘要：
This study investigates the price adjustment process and efficiency of corn and oats futures markets using data from the 1986 contracts traded on the CBOT. Amihud-Mendelson's (1987) model, Box-Jenkins' (1970) techniques, and Black's (1986) criteria are employed. The competitive performance of speculators in grain futures markets is also examined .