Moon, Gyu-Hyen; Yu, Wei-Choun; Hong, Chung-Hyo - In: Applied Economics Letters 16 (2009) 9, pp. 913-919
This article examines the hedging performance of the conventional Ordinary Least Squares (OLS) model and a variety of dynamic hedging models for the in-sample and out-of-sample periods of Korean daily Korea Securities Dealers Automated Quotation (KOSDAQ) STAR (KOSTAR) index futures. We employ...