D
Dwight R. Sanders
Researcher at Southern Illinois University Carbondale
Publications - 121
Citations - 3692
Dwight R. Sanders is an academic researcher from Southern Illinois University Carbondale. The author has contributed to research in topics: Futures contract & Speculation. The author has an hindex of 25, co-authored 119 publications receiving 3475 citations. Previous affiliations of Dwight R. Sanders include University of Illinois at Urbana–Champaign & Arizona State University.
Papers
More filters
Journal ArticleDOI
Index Funds, Financialization, and Commodity Futures Markets
Scott H. Irwin,Dwight R. Sanders +1 more
TL;DR: The lack of a direct empirical link between index fund trading and commodity futures prices casts considerable doubt on the belief that index funds fueled a price bubble as mentioned in this paper. But, the data and methods used in these studies are subject to criticisms that limit the confidence one can place in their results.
Journal ArticleDOI
Devil or Angel? The Role of Speculation in the Recent Commodity Price Boom (and Bust)
TL;DR: The authors show that speculative buying by index funds in commodity futures and over-the-counter derivatives markets created a "bubble" in commodity prices, with the result that prices, and crude oil prices, in particular, far exceeded fundamental values at the peak.
Journal ArticleDOI
Testing the Masters Hypothesis in Commodity Futures Markets
Scott H. Irwin,Dwight R. Sanders +1 more
TL;DR: This article found no causal links between daily returns or volatility in the crude oil and natural gas futures markets and the positions for two large energy exchange-traded index funds, and the empirical results of this study offer no support for the Masters Hypothesis.
Posted Content
The Adequacy of Speculation in Agricultural Futures Markets:Too Much of a Good Thing?
TL;DR: In this paper, the Commodity Futures Trading Commission makes available the positions held by index funds and other large traders in their Commitment of Traders reports, and the results suggest that after an initial surge from early 2004 through mid-2005, index fund positions have stabilized as a percent of total open interest.
Journal ArticleDOI
Financialization and Structural Change in Commodity Futures Markets
Scott H. Irwin,Dwight R. Sanders +1 more
TL;DR: The first decade of the 21st century has perhaps witnessed more structural change in commodity futures markets than all previous decades combined as mentioned in this paper, and this time period also saw historic changes in both trading and participants.