We perform a test of the inflation hedging properties of commodities on the longest data series
ever used for this purpose. We apply wavelet analysis to commodity prices and inflation …

The recent development of financialisation is argued to have led to an unprecedented rise
in the dependence between commodity returns. Using 170 years’ worth of data and several …

We are the first to document an alpha momentum effect in commodity markets. We demonstrate
a strong cross-sectional relationship between future commodity returns and past alphas …

This paper shows that market breadth, ie the difference between the average number of rising
stocks and the average number of falling stocks within a portfolio, is a robust predictor of …

One promise of commodity investments is that they offer a long run hedge against inflation.
But do they? The authors undertake a comprehensive investigation of commodities’ inflation-…

… Szczygielski of Kozminski University, Zaghum Umar of Zayed University and Mateusz
Mikutowski of Poznan University of Economics and Business investigate the efficacy of using …

Is there momentum in commodity risk factors? To answer this question we study the performance
of 15 commodity factor portfolios for the years 1986–2017. We are the first to document …

Polish family business are very important stakeholders of Polish economic landscape. Taking
it into consideration is crucial for every participant of polish capital market. Knowledge if …

We present a novel explanation of the cross-sectional seasonality anomaly in government
bond returns. The macroeconomic risk premia may accrue unevenly during the calendar year, …

Cel–Celem artykułu jest zidentyfikowanie, czy przedsiębiorstwa rodzinne obecne na
giełdzie charakteryzują się odmienną podatnością cen ich walorów na wpływ efektów …