findings show that the volatility and covariance dynamics may differ considerably depending on the hedging horizon and this …This paper examines the volatility and covariance dynamics of cash and futures contracts that underlie the Optimal … Hedge Ratio (OHR) across different hedging time horizons. We examine whether hedge ratios calculated over a short term …

findings show that the volatility and covariance dynamics may differ considerably depending on the hedging horizon and this …This paper examines the volatility and covariance dynamics of cash and futures contracts that underlie the Optimal … Hedge Ratio (OHR) across different hedging time horizons. We examine whether hedge ratios calculated over a short term …

mitigate the agency cost generated by exogeneous exports variation via higher free cash flow and cash flow volatility …