Boonkomrat, Tarntip; Chancharoenchai, Kanokwan - In: Applied Economics Journal 18 (2011) 1, pp. 15-30
Thailand (AFET). Recently, its futures basis has shown volatile behavior. This could reflect its inefficiency as a hedging tool … and the inefficiency in AFET itself. This research examines the predictive power of some economic factors. The monthly … statistically significant explanatory powers of the market and macroeconomic information in estimating the futures basis. The AFET …