Rational Expectations And Efficiency In Futures Markets

Author : Barry Goss
Publisher : Routledge
Page : 252 pages
File Size : 47,8 Mb
Release : 2005-10-09
Category : Business & Economics
ISBN : 9781134975211

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Rational Expectations and Efficiency in Futures Markets by Barry Goss Pdf

Do traders in futures markets make use of all relevant information and is this reflected in prices? This collection of original essays by a team of international economists considers these and other questions central to futures markets.

Author : Daniel Friedman,Glenn W. Harrison,Jon W. Salmon
Publisher : London : Department of Economics, University of Western Ontario
Page : 96 pages
File Size : 44,7 Mb
Release : 1983
Category : Bonds
ISBN : PSU:000010729861

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The Informational Efficiency of Experimental Asset Markets by Daniel Friedman,Glenn W. Harrison,Jon W. Salmon Pdf

Author : Stein
Publisher : Wiley-Blackwell
Page : 128 pages
File Size : 46,6 Mb
Release : 2024-06-10
Category : Electronic
ISBN : 0631171711

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Rational Expectations International Finance and Futures Markets by Stein Pdf

Author : Jerome Leon Stein,B. A. Goss
Publisher : Unknown
Page : 148 pages
File Size : 42,9 Mb
Release : 1992
Category : Commodity futures
ISBN : UCSC:32106010582887

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Special Issue on Futures Markets by Jerome Leon Stein,B. A. Goss Pdf

Author : R. Hodrick
Publisher : Routledge
Page : 161 pages
File Size : 41,7 Mb
Release : 2014-05-01
Category : Business & Economics
ISBN : 9781136455285

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The Empirical Evidence on the Efficiency of Forward and Futures Foreign Exchange Markets by R. Hodrick Pdf

Robert Hodrick provides a foundation for developing quantitive measures of risk and expected return in international finance.

Author : Robert J. Hodrick
Publisher : CRC Press
Page : 190 pages
File Size : 43,8 Mb
Release : 2023-08-18
Category : Mathematics
ISBN : 9781000943382

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Empirical Evidence on the Efficiency of Forward and Futures Foreign Exchange Markets by Robert J. Hodrick Pdf

This book presents a critical review of the empirical literature that studies the efficiency of the forward and futures markets for foreign exchange. It provides a useful foundation for research in developing quantitative measures of risk and expected return in international finance.

Author : Barry Goss
Publisher : Routledge
Page : 190 pages
File Size : 50,6 Mb
Release : 2013-05-13
Category : Business & Economics
ISBN : 9781135639433

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Models of Futures Markets by Barry Goss Pdf

This volume presents an entirely new analysis of the economics of futures markets, that will be of interest to both specialists in the area and the generalist economist seeking a new perspective. Through a combination of theoretical investigation and empirical application, three important themes are explored: the gains from futures trading and the efforts of emerging markets to reap these benefits; rationality and rival hypotheses of trader behaviour, such as noise trading; and the effect of regulatory tools on price formation.

Author : A. G. Malliaris
Publisher : Edward Elgar Publishing
Page : 440 pages
File Size : 49,9 Mb
Release : 1997
Category : Business & Economics
ISBN : PSU:000047278967

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Futures Markets by A. G. Malliaris Pdf

A collection of 70 influential articles which cover a range of topics, including stock indexes, arbitrage, portfolio insurance, volatility and the October 1987 crash, price distributions, theories and determinants of hedging, portfolio selection with futures, institutions, market characteristics, speculation, pricing, efficiency, interest rates and insurance, and foreign currencies. In addition, the editor has written introductory essays for each volume which analyze speculation and hedging, explore the relatively new idea that futures markets can be modelled as chaotic processes, and demystify financial futures while presenting evidence of their benefits. No subject index. Annotation copyright by Book News, Inc., Portland, OR

Author : Richard T. Baillie
Publisher : Unknown
Page : 10 pages
File Size : 51,9 Mb
Release : 1981
Category : Foreign exchange
ISBN : OCLC:15637444

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Testing Rational Expectations and Efficiency in the Foreign Exchange Market by Richard T. Baillie Pdf

Author : Eugene Kroch
Publisher : Unknown
Page : 46 pages
File Size : 48,9 Mb
Release : 1982
Category : Commodity exchanges
ISBN : PSU:000010730386

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Do Futures Markets Enhance Intertemporal Allocative Efficiency? by Eugene Kroch Pdf

Author : Matthias Baumgarten
Publisher : GRIN Verlag
Page : 47 pages
File Size : 46,6 Mb
Release : 2012-11-14
Category : Political Science
ISBN : 9783656309802

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Performativity and Politics: The Making of Commodity Futures Markets by Matthias Baumgarten Pdf

Master's Thesis from the year 2011 in the subject Business economics - Economic Policy, grade: 1,0 / 85%, University of Warwick (Politics and International Studies), course: International Political Economy (Dissertation), language: English, abstract: In this work I analyze commodity futures markets (CFMs) in order to shed light on the debated relationship between neoclassical economic theory and real-world markets. I show that CFMs clearly reflect a number of neoclassical aspects, but its asocial assumptions mean that the theory fails to explain how these came to be realized. Performativity theory, despite itself neglecting the ‘political’ factors of agency, power and distribution to a certain extent, proves to be a suitable alternative explanatory approach. Its idea of economic theory as a ‘blueprint’ can be recognized in conscious steps during the formation of CFMs, which increased the fit of these markets to the neoclassical ideal. Agency and power played a substantial role in shaping performative processes, which led to an approximation of market equilibrium and corresponding positive distributional effects. These outcomes proved to be instable, however, as the entry of big investors in the wake of the current ‘financialization’ of CFMs had disequilibrating consequences. The resulting instances of counterperformativity shifted the markets away from neoclassical theory and led to adverse distributional impacts.

Author : Richard T. Baillie,Robert E. Lippens,Patrick C. McMahon
Publisher : Unknown
Page : 24 pages
File Size : 45,6 Mb
Release : 1981
Category : Foreign exchange
ISBN : 0868310697

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Testing Rational Expectations and Efficiency in the Foreign Exchange Market by Richard T. Baillie,Robert E. Lippens,Patrick C. McMahon Pdf

Author : Jens Beckert
Publisher : Harvard University Press
Page : 359 pages
File Size : 40,9 Mb
Release : 2016-06-07
Category : Social Science
ISBN : 9780674545892

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Imagined Futures by Jens Beckert Pdf

Consumers, investors, and corporations orient their activities toward a future that contains opportunities and risks. How do these actors assess uncertainty? Jens Beckert adds a new chapter to the theory of capitalism by showing how fictional expectations drive modern economies—or throw them into crisis when imagined futures fail to materialize.

Author : Barry Goss
Publisher : Routledge
Page : 231 pages
File Size : 49,9 Mb
Release : 2007-09-17
Category : Business & Economics
ISBN : 9781134147328

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Debt, Risk and Liquidity in Futures Markets by Barry Goss Pdf

The issues of developing country debt crises, increased volatility and risk, and the determination of market liquidity are high on the agendas of policy makers, market participants and researchers in the area of financial markets. These issues are also of major importance to regulators and exchange officials. This book contains a collection of eight papers which provide new insights into all three issues, with special emphasis on futures markets, which have received relatively little attention in the analysis of these problems. Issues explored and findings reported in this book, have implications for policy makers in framing recommendations to government, for government officials in shaping the regulatory structure of futures exchanges, for traders on these exchanges, and also for researchers planning future investigations. The book is relevant for post-graduate and advanced under-graduate courses on financial markets in Economics, Finance and Banking.

Author : Barry Goss
Publisher : Routledge
Page : 187 pages
File Size : 43,5 Mb
Release : 2013-05-13
Category : Business & Economics
ISBN : 9781135639365

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Models of Futures Markets by Barry Goss Pdf

This volume presents an entirely new analysis of the economics of futures markets, that will be of interest to both specialists in the area and the generalist economist seeking a new perspective. Through a combination of theoretical investigation and empirical application, three important themes are explored: the gains from futures trading and the efforts of emerging markets to reap these benefits; rationality and rival hypotheses of trader behaviour, such as noise trading; and the effect of regulatory tools on price formation.