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Endogenous Exchange Rate Volatility, Trading Volume and Interest Rate Differentials in a Model of Portfolio Selection

✍ Scribed by May Hagiwara; Miguel A. Herce


Book ID
108534468
Publisher
John Wiley and Sons
Year
1999
Tongue
English
Weight
622 KB
Volume
7
Category
Article
ISSN
0965-7576

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Interest rate volatility, trading volume
✍ Shantaram P. Hegde; Kenneth P. Nunn Jr. πŸ“‚ Article πŸ“… 1985 πŸ› John Wiley and Sons 🌐 English βš– 728 KB

he volatility of interest rates has increased markedly since October of 1979, T leading to a tremendous surge in the volume of trading in interest rate futures. Investigating the effects of the increased volume on the hedging peaormance of futures contracts, Hegde (1982) finds that the hedging effe