How the Removal of a Market Barrier Enhanced Market Efficiency: The Case of WTI and Brent Crude Oil Prices |
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Authors: | Rushlow Jennifer Bauer Paul |
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Institution: | 1.University of Wyoming, Laramie, USA ;2.SUNY Oneonta, Oneonta, USA ; |
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Abstract: | Atlantic Economic Journal - If the world oil market is efficient, arbitrage should lead the West Texas Intermediate and Brent crude oil price indexes to converge whenever they stray apart. From the... |
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