Lee, Cheng-Few; Lin, Fu-Lai; Chen, Mei-Ling - In: Review of Pacific Basin Financial Markets and Policies … 13 (2010) 02, pp. 203-213
The main purpose of this paper is to investigate hedge ratios in terms of the international index futures markets. Instead of looking at hedging in a single market, we construct a simultaneous equations system to study the index hedging in the light of the cross-country linkage and interaction....
