Concepedia

Commodity Convenience Yield

Commodity Convenience Yield is the non-monetary benefit or implicit return derived from holding a physical commodity rather than a financial derivative, reflecting the advantage of immediate access to the underlying asset for production, inventory management, or risk mitigation in contrast to the mere ownership of a futures or forward contract.

80

Publications

10.1K

Citations

130

Authors

115

Institutions

Publications per year

2017–2026

7

Variants

Convenience Yield

Parents

Publications

80

The Stochastic Behavior of Commodity Prices: Implications for Valuation and Hedging

Eduardo S. Schwartz · The Journal of Finance · 1997 · 2.1K citations

, , +17

Short-Term Variations and Long-Term Dynamics in Commodity Prices

Eduardo S. Schwartz, James E. Smith · Management Science · 2000 · 1.1K citations

, , +17

Stochastic Convenience Yield and the Pricing of Oil Contingent Claims

Rajna Gibson, Eduardo S. Schwartz · The Journal of Finance · 1990 · 1K citations

, , +17

What do we learn from the price of crude oil futures?

Ron Alquist, Lutz Kilian · Journal of Applied Econometrics · 2010 · 734 citations · Full text

, , +17

Stochastic Convenience Yield Implied from Commodity Futures and Interest Rates

Jaime Casassus, Pierre Collin‐Dufresne · The Journal of Finance · 2005 · 463 citations · Full text

, , +16

1–5 of 80

Authors

130

  1. ES
    Eduardo S. Schwartz

    University of California, Los Angeles, United States

    6 publications · 5.1K citations

    6

    h-index

  2. NT
    Nikolaos T. Milonas

    National and Kapodistrian University of Athens, Greece

    3 publications · 196 citations

    3

    h-index

  3. KT
    Ke Tang

    Tsinghua University, China

    3 publications · 186 citations

    3

    h-index

  4. JC
    Jaime Casassus

    Pontificia Universidad Católica de Chile, Chile

    3 publications · 602 citations

    3

    h-index

  5. TT
    Timothy T. Simin

    Pennsylvania State University, United States

    2 publications · 44 citations

    2

    h-index

1–5 of 130

Institutions

115

  1. Pennsylvania State University

    State College, United States

    5 h-index

    5 publications

    123 citations

  2. Renmin University of China

    Beijing, China

    3 h-index

    3 publications

    186 citations

  3. Pontificia Universidad Católica de Chile

    Santiago, Chile

    3 h-index

    3 publications

    602 citations

  4. Bank of Canada

    Ottawa, Canada

    3 h-index

    3 publications

    803 citations

  5. National Bureau of Economic Research

    Cambridge, United States

    2 h-index

    2 publications

    193 citations

  6. Massachusetts Institute of Technology

    Cambridge, United States

    2 h-index

    2 publications

    193 citations

  7. Vienna University of Economics and Business

    Vienna, Austria

    2 h-index

    3 publications

    58 citations

  8. Cornell University

    Ithaca, United States

    2 h-index

    2 publications

    154 citations

1–8 of 115

Venues

  1. Journal of Futures Markets

    9 publications · 341 citations

    9

    h-index

  2. The Journal of Finance

    7 publications · 4.6K citations

    7

    h-index

  3. SSRN Electronic Journal

    Repository · 6 publications · 166 citations

    6

    h-index

  4. Energy Economics

    5 publications · 156 citations

    5

    h-index

  5. Resources Policy

    3 publications · 45 citations

    3

    h-index

1–5