Vries, Esti van Wyk de; Gupta, Rangan; Eyden, Renee van - Department of Economics, Faculty of Economic and … - 2011
This paper analyses the intertemporal hedging demand for stocks and bonds in South Africa (SA), the United Kingdom (UK … hedging demands for stocks are considerably smaller in SA than in the UK or the US, whilst the mean intertemporal hedging … demand for bonds are not significantly different from zero in any of the countries considered. Furthermore, it is found that …