resources that the central state transfers to local administrations in Italy. The study also highlights how the Italian Ordinary … whether OTC derivatives underwritten by these regions have been used as hedging tools to manage their debt exposure or just … their debt exposure with OTC derivative contracts …

analyzing the hedging effectiveness for soybean, corn and milling wheat producers in Italy. Following the literature, three … prices. Among others, hedging in futures markets (i.e., financial markets) represents an available strategy for producers to … unhedged portfolio for assessing the income risk reduction. Findings confirm the hedging effectiveness of futures contracts for …