Kim, Seokchin; Park, Cheolho; Yun, Youngjun - In: Eurasian Economic Review 4 (2014) 2, pp. 163-176
This paper examines the hedging performance with mini gold futures traded on the Korean Exchange (KRX). We use the … better hedging performance than time-invariant OLS or VECM models in the both in-sample and out-of sample periods. We thus …