F evaluate the economic benefits of futures markets is to examine their effects on the intertemporal allocation of resources. This issue was studied by DeCanio (1980) and Stein (1981Stein ( , 1986) ) who showed that the economic benefits of futures trading can be measured by the ex-post welfare loss
β¦ LIBER β¦
The Development and Performance of Financial Markets (with Special Reference to Futures Markets): Introduction
β Scribed by Barry A. Goss
- Book ID
- 108521913
- Publisher
- John Wiley and Sons
- Year
- 2001
- Tongue
- English
- Weight
- 170 KB
- Volume
- 40
- Category
- Article
- ISSN
- 0004-900X
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