1.

Record Nr.

UNINA9910449733303321

Titolo

Rational expectations and efficiency in futures markets / / edited by Barry A. Goss

Pubbl/distr/stampa

London ; ; New York : , : Routledge, , 1992

ISBN

1-134-97521-X

1-280-22633-1

9786610226337

0-203-97857-9

Descrizione fisica

1 online resource (252 p.)

Altri autori (Persone)

GrossB. A <1939-> (Barry Andrew)

Disciplina

332.64/5

Soggetti

Futures market - Mathematical models

Financial futures - Mathematical models

Commodity futures - Mathematical models

Rational expectations (Economic theory)

Electronic books.

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references an index.

Nota di contenuto

1. Rational expectations and welfare in financial futures markets / Jerome L. Stein -- 2. Foreign currency futures spreads and risk premiums / Thomas H. McCurdy and Zeuan G. Morgan -- 3. Assessing market performance : an examination of livestock futures markets / Raymond M. Leuthold and Philip Garcia -- 4. Rational expectations and experimental methods / Glenn W. Harrison -- 5. Efficiency of the yen futures market at the Chicago Mercantile Exchange / Stephen J. Taylor -- 6. Simultaneity, forecasting and efficiency in the US oats market / Barry A. Goss, Siang-Choo Chan and S. Gulay Avsar -- 7. Alternative performance models in interest rate futures / Jot Yau, Uttama Savanayana and Thomas Schneeweis -- 8. A rational expectations model of the Australian wool spot and futures markets / Barry A. Goss and S. Gulay Avsar -- 9. The announcement effects of economic variables / Ting-Yean Tan.

Sommario/riassunto

Do traders in futures markets make use of all relevant information and is this reflected in prices? This collection of original essays by a team of



international economists considers these and other questions central to futures markets.