A Preliminary Assessment of the Utility of Seasonal Forecasts for the Pricing of U.S. Temperature Based Weather Derivatives
11 Pages Posted: 29 Apr 2004
Date Written: April 15, 2004
We perform a preliminary investigation into whether or not seasonal forecasts could be useful in the pricing of weather derivatives that depend on U.S. temperatures.
Keywords: weather derivatives, seasonal forecasts, ENSO, El Nino
JEL Classification: G13
Suggested Citation: Suggested Citation