The theory of index-based futures and options markets

Authors

  • Robert J. Shiller Yale University - NBER

DOI:

https://doi.org/10.24201/ee.v8i2.289

Keywords:

market development, economic indexes

Abstract

This paper reviews the development of index based futures and options markets. The thesis is that, while the growth of these markets to date has been dramatic, their development could be extended much further, if some problems of measurement can be solved.

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References

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Published

1993-07-01

How to Cite

Shiller, R. J. (1993). The theory of index-based futures and options markets. Estudios Económicos De El Colegio De México, 8(2), 163–178. https://doi.org/10.24201/ee.v8i2.289