Corbet, Shaen; Twomey, Cian - In: The Economic and Social Review 45 (2014) 4, pp. 559-577
Contracts for Difference (CFDs) have existed for less than twenty years and the market has grown significantly up to the period before the recent international crises. This paper presents an analysis of how CFDs have affected equity market volatility in Ireland. EGARCH models are used to uncover...