## Abstract We extend the work of Brennan (1986) to investigate whether the imposition of spot price limits can further reduce the default risk and lower the effective margin requirement for a futures contract that is already under price limits. Our results show that spot price limits do indeed fur
Wood products futures markets and the reservation price of timber
β Scribed by Peter Berck; Thomas Bible
- Publisher
- John Wiley and Sons
- Year
- 1985
- Tongue
- English
- Weight
- 393 KB
- Volume
- 5
- Category
- Article
- ISSN
- 0270-7314
No coin nor oath required. For personal study only.
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