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The Political Economy of Volatility Dynamics in the Hong Kong Stock Market

โœ Scribed by Wai Mun Fong; Seng Kee Koh


Book ID
111539551
Publisher
Springer
Year
2002
Tongue
English
Weight
166 KB
Volume
9
Category
Article
ISSN
1573-6946

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## Abstract This study examines the information conveyed by options and examines their implied volatility at the time of the 1997 Hong Kong stock market crash. The author determines the efficiency of implied volatility as a predictor of future volatility by comparing it to other leading indicator c