KOSPI200 futures market. We find that the NPS’s net investment flow (NIF) in KOSPI200 futures is negatively associated with … the past returns of KOSPI200 futures and the KOPI200 index. However, we also find that the NPS’s NIF of KOSPI200 futures … is positively associated with its NIF in KOSPI200 stocks. Along with the legal restriction on the NPS’s trading in the …

influence of different investor types' net options demand on the KOSPI200 options-implied volatility dynamics. We extend Bollen …

indicator for stock markets between KOSPI and KOSDAQ, and which specific industries exhibit stronger or weaker relationship with … whether or not there are differential characteristics in return predictability between two capital markets in Korea, KOSPI and … inverse relationship with KOSPI than KOSDAQ market and only KOSPI market shows statistical significance. Third, the …

indicator for stock markets between KOSPI and KOSDAQ, and which specific industries exhibit stronger or weaker relationship with … whether or not there are differential characteristics in return predictability between two capital markets in Korea, KOSPI and … inverse relationship with KOSPI than KOSDAQ market and only KOSPI market shows statistical significance. Third, the …

the NPS on the futures market. We investigated the effect of the NPS’s trading KOSPI200 futures on the returns, the …, the NPS’s net investment flow (NIF) in the KOSPI200 futures market shows the predictability about the returns of both … KOSPI200 futures and KOSPI200 spot index. Second, the NPS’s NIF in the KOSPI200 futures market improves the liquidity of the …

behaviors of the KOSPI and KOSDAQ stock markets in response to changes in the price level, real interest rate, and real USD …

behaviors of the KOSPI and KOSDAQ stock markets in response to changes in the price level, real interest rate, and real USD …