Aaron Smith is a Professor of Agricultural and Resource Economics at the University of California, Davis, where he has been since 2001. Originally from New Zealand, he earned his PhD in Economics from the University of California, San Diego. His research addresses trading and price dynamics in commodity and financial derivatives markets. Recent project topics include identifying informed traders in commodity futures markets, estimating the effects of ethanol production on agricultural and energy markets, and explaining recent failures of grain futures markets to accurately price the underlying commodity. His research has been published in The Review of Economics and Statistics, the Journal of Econometrics, the American Journal of Agricultural Economics and other academic journals.
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