Publications on Futures and Commodities by Malawi RPCV Michael Gorham
Publications by Michael Gorham
Journal Articles
Trade Journal, Magazine and Newspaper Articles
Articles for The Christian Science Monitor (1978-1980)
Articles in the Federal Reserve Bank of San Francisco Weekly Letter (1976-1979)
Selected Public Presentations
Journal Articles
"The Projected Impact of Cash-Settled Commodity Contracts on Cash/Futures Price Relationships," with Laurie Cohen in Applied Commodity Price Analysis, Forecasting and Market Risk Management: Proceedings for the NCR-134 Conference, Chicago, Illinois, May 2-3, 1985.
"The Effect of Inflation on the Rules of Futures Exchanges: A Case Study of the Chicago Mercantile Exchange," The Journal of Futures Markets, Vol., 1, No. 3, Fall 1981.
"Japan's Policy of Food Security: An Alternative Strategy," Federal Reserve Bank of San Francisco Economic Review, Summer 1979.
"Private and Public Sector Information in Agricultural Commodity Markets," Federal Reserve Bank of San Francisco Economic Review, Spring 1978.
"Dividing up the Minerals of the Deep Seabed," Federal Reserve Bank of San Francisco Economic Review, Winter 1978.
"Ocean Mining in the Pacific Basin; Stimulus and Response", in Lawrence Krause and Hugh Patrick (eds.) Mineral Resources in the Pacific Area, San Francisco: Federal Reserve Bank of San Francisco, 1978, pp. 177-233.
"An Analysis of Nutrient Intake for Selected Families in Florida's Expanded Nutrition Program," with Anthony A. Prato, Southern Journal of Agricultural Economics, December 1974.
"Land Use Planning and Citizen Involvement: The Case of Maple Grove, Wisconsin", with John McCormick and Ron Shaffer, University of Wisconsin Extension Publication, October 1974.
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Trade Journal, Magazine and Newspaper Articles
"They're at It Again in India," Journal of Global Financial Markets, Spring 2001
"Taking Stock in Poland," Journal of Global Financial Markets, Winter 2000
"The Price of a Price," Journal of Global Financial Markets, Fall 2000
"India Does Futures," Futures Industry, June/July, 2000
"Demutualization and Yugoslavia," Journal of Global Financial Markets, Spring 2000
"Stock Index Fever," Futures Industry, October/November 1997.
"Exchange Subsidiaries Proliferate," Futures Industry, August/September, 1997.
"Global Futures, China Futures, June 10, 1997, Vol. 4, No 6 (China, published in Chinese).
"El Estado de los Mercados Emergentes de Derivados" (The Status of the Emerging Market Derivatives), Revista de la Bolsa de Comercio de Rosario, December 1996. (Argentina)
"La Competencia por los Mercados Emergentes en Estados Unidos" (The Race for the Emerging Markets in the U.S.), El Economista, May 15, 1996. (Mexico)
"Brazil: Coming of Age," Futures Industry, January 1996.
"Emerging Market Derivatives: Finally Emerging," Futures Industry, October 1995.
"U.S. Holds Solid Emerging Markets Hedges," Emerging Global Markets, Vol. 1, No. 9, July 17, 1995.
"Peso Futures to the Rescue," U.S. - Mexico Chamber of Commerce, Chamber News, June 1995.
"Emerging Markets South of the Border," Futures Industry, February 1995.
"Stock Index Futures: A 12-Year Review," presented at the Korean Financial Management Association Conference, Seoul, Korea, May 21, 1994. (Translated into Korean and Spanish and published in the publication of the Merval, the Buenos Aires Stock Exchange.)
"Developing Country Access to Western Derivatives Exchanges," World Bank Workshop, Paris, June 3-5, 1992.
"Challenges of Global Agribusiness as Viewed by a Chief Marketing Officer," Proceedings of the Inaugural Symposium of the International Agribusiness Management Association, Boston, March 3-5, 1991.
"The Year of the Steer," Futures Magazine, Summer 1989.
"An Introduction to the Lumber and Plywood Markets," Chapter 41 in Perry J. Kaufman (ed.) Handbook of Futures Markets, New York: John Wiley & Sons, 1984.
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Articles for The Christian Science Monitor (1978-1980)
"On-Job Safety Improves as Economy Falters," 1/22/80
"Top Economic Forecast Takes a Grain of Salt," 1/16/80
"Those Bouncing Cranberries Add Up to Growth, Bit By Bit," 12/18/79
"Recession Twist: Blacks' Pay Gap Could Ease," 11/30/79
"Pork, Once U.S. Mainstay, Thrives When Beef Lags," 11/13/79
"Daily Price Lists May Cut Costs of U.S. Food Basket," 8/13/79
"Food Costs and the Oligopoly," 8/8/79
"Synchronizing Careers, Education," 1/3/79
"Even in Iowa, Housing Prices Outpace Inflation," 10/27/78
"Why Women Are Still Paid Less," 7/21/78
"Soviet Grain Deals Bolster U.S. Dollar," 7/5/78
"Zaire Fighting Raises Brows in Company Board Rooms," 6/6/78
"Don't Feel Sorry for the Farmers," 4/17/78
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Articles in the Federal Reserve Bank of San Francisco Weekly Letter (1976-1979)
"Slicing the Pie," 11/9/79 (examines changes in the distribution of U.S. income)
"Food Up 10 Percent?" 4/6/79 (explains why the USDA forecast is off the mark)
"Bum Rap for OSHA?" 1/19/79 (relationship between work injuries and the business cycle)
"Cranberries Bounce Back," 12/22/78 (an analysis of the decline and recovery of the cranberry industry).
"Everyman's Interest Rate Forecast," 9/8/78 (forecasting interest rates with futures prices) with Ken Froewiss.
"Consumers' Beef," 8/4/78 (an analysis of the rise in beef prices).
"100 Percent of What?" 3/24/78 (an analysis of the implications of granting farmers 100% of parity).
"Idle Minds," 2/3/77 (an analysis of unemployed Ph.D.'s), with John Norton.
"The Nation's Food," 1/6/77 (an analysis of food price developments during 1977 and prospects for 1978).
"Babes in Toyland," 12/23/77 (analysis of major developments in the toy industry).
"Statistical Malpractice," 6/3/77 (discussion of common mistake in computing inflation)
"Congo, Copper and Cobalt," 4/28/77 (metal market implications of Zaire's civil war), with Stan Knight.
"Bread and Water," 4/4/77 (impact of the Western drought on California agriculture).
"Black Magic," 2/11/77 (analysis of the coffee price rise).
"National Bird," 12/24/76 (technical change and industrial organization in the turkey industry).
"Dangerous Work," 11/5/76 (analysis of OSHA and Toxic Substances Control Act)
"Dividing the Waters," 8/27/76 (stimulus for and implications of the 200-mile fishing limit).
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Selected Public Presentations
Fundamentals of Futures Markets and Options Markets, at the Illinois CPA Society and Foundation's 2000 Futures Conference, July 14, 2000.
Commodity Futures Markets in the U.S. and the Prospects for Futures in Parma Cheese and Parma Ham, Special presentation to the Parma Chamber of Commerce and Allied Agricultural Cooperatives, Parma Italy, December 21, 1999.
Overview of Emerging Market Derivatives (and chaired panel) at Futures Industry Association: Futures and Options Expo, Chicago, October 15, 1998.
The World of Derivatives, ITESM University, Chihuahua, Mexico, VI Simposium Internacional: Panorama Financiero: Vision de Realidades y Perspectivas, July 25, 1997.
International Issues (gave overview and chaired panel), Illinois CPA Foundation: Futures Training Institute, July 17, 1998.
The Resurgence of Commodity Futures Markets, World Trade Center Conference: Growing Global: An International Agriculture and Economic Development Summit, Chicago, May 29, 1997.
Derivatives for Emerging Markets, Third Annual University of Chicago Emerging Markets Conference, May 16, 1997.
Three presentations at one Asian conference:
Exchange Linkages,
Exchanges of the Asia-Pacific Region,
The Exchanges of Greater China in the Year 2000 (organized and chaired panel and presented),
at the Futures Industry Association/Managed Futures Association Conference, East-West '97, in Hong Kong, April 8-10, 1997.
Exchange-Traded Derivatives, A Closer Look, First International Conference on Finance and Accounting, ITESM University, Guadalajara, Mexico, February 28, 1997.
Exchange-Traded Derivatives, International Accounting and Finance Conference, University of the Americas, Puebla, Mexico, February 6, 1997.
Exchange-Traded Derivatives, A Closer Look, ITESM University, national conference, Monterrey, Mexico, October 18, 1996.
Doing Business in Argentina, Argentina: Challenges and Opportunities, University of Iowa, September 13, 1996.
Emerging Market Derivatives: What and Why, El Norte Seminar, Monterrey, Mexico, August 21, 1996.
The Status of Emerging Markets Derivatives, ICM Conference on Pricing, Trading and Risk Management of Emerging Market Derivatives, New York City, July 23, 1996.
Emerging Market Derivatives: What and Why, El Economista Seminar, Mexico City, June 30, 1996.
Managing Emerging Markets Exposure with Exchange-Listed Derivatives, Pensions and Investments, Investment Management Conference, Washington D.C., June 18, 1996.
Growth and Emerging Markets, El Economista Conference, Mexico City, May 30, 1996.
Brazilian Real Futures on Both Sides of the Equator, presented at the Chicago Council on Foreign Relations' Seminar on Brazil's Economic and Financial Future, Chicago, March 12, 1996.
Exchange-Traded Derivatives: Availability, Usage and Regulation, presentation at the CMV (Brazil's SEC) International Conference for Securities Regulators, Sao Paulo, Brazil, May 25, 1995.
Exchange-Traded Derivatives: An International Perspective, presentation at the Institute for International Research Conference, Buenos Aires, Argentina, April 26, 1995.
Managing Mexican Peso Risk, World Trade Center Conference, April 12, 1995.
Development of Agricultural Futures in the United States: Implications for Mexico, presented at the Second International Agribusiness Seminar, Monterrey, Mexico, July 21, 1994.
A Tour around the Pacific Rim, FIA Chicago Luncheon Talk, February 3, 1994.
Commodity Futures Markets: the U.S. Experience, presented at the Southern African Commodities Conference, Pretoria, South Africa, March 24-25, 1994.
Developing an International Vision, presented during orientation week to the entering class at the Kellogg Graduate School of Business, Northwestern University, Fall 1992.
Interest Rate Futures: The U.S. Experience, presented at the Money Market Conference of the Asociacion Mexicana de Casas de Bolsa, Puerto Vallarta, Mexico, June 26, 1992.
