Faculty Member Information
Gabriel Power |
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About Dr. Power:
Dr. Power is an Assistant Professor with research and teaching appointments in the area of commodity derivatives (futures and options) and more generally, in risk management and agribusiness finance. He teaches futures and options (AGEC 448 and AGEC 601) as well as introductory agricultural & resource economics (AGEC 105).
Selected Publications:
Power, G. and C. Turvey (2010). “What Explains Long Memory inCommodity Futures Price Volatility?,” forthcoming in Applied Economics.
Karali, B., G. Power and A. Ishdorj (2010). “Bayesian State Space Estimation of Stochastic Volatility for Storable Commodities,” forthcoming in the American Journal of Agricultural Economics.
Power, G., and D. Vedenov, (2010). “Dealing with Downside Risk in a Multi-Commodity Setting: A Case for a ‘Texas Hedge’?,” Journal of Futures Markets 30(3): 290-304.
Power, G. and C. Turvey (2009). “On the Exit Option Value of a Forward Contract,” Journal of Futures Markets 29(2): 179-96.
Power, G. and C. Turvey (2010). “U.S. Rural Land Value Bubbles,” forthcoming in Applied Economics Letters.
Power, G. and C. Turvey (2010). “Long Memory in Commodity Futures Price Volatility: Wavelet-Based Evidence,” Physica A: Statistical Mechanics 389(1): 79-90.
Power, G., D. Vedenov and S.W. Hong (2009). “The Impact of the Average Crop Revenue Election (ACRE) Program on the Effectiveness of Crop Insurance,” Agricultural Finance Review 69(3): 330-45.
Jin, Y., G. Power, and L. Elbakidze (2008). “The Effects of North American BSE Events on Live Cattle Futures Prices,” American Journal of Agricultural Economics 90(5): 1279-86.
Vedenov, D. and G. Power (2008). “Risk-Reducing Effectiveness of Revenue vs. Yield Insurance in the Presence of Government Payments,” Journal of Agricultural & Applied Economics 40(2): 443-59.