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The Future for Financial Regulation: The Financial Services and Markets Bill

✍ Scribed by Iain MacNeil

Book ID
108561512
Publisher
John Wiley and Sons
Year
1999
Tongue
English
Weight
90 KB
Volume
62
Category
Article
ISSN
0026-7961

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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