Abstract: We survey the history, market structure, pricing and usage of futures and options contracts. We focus in particular on their ability to provide high-frequency measures of expectations, uncertainty, higher moments, and investor risk aversion. Futures and options are a rich and growing treasure trove of information to academics and policymakers alike.
Publication Year: 2023
Publication Date: 2023-05-12
Language: en
Type: book-chapter
Indexed In: ['crossref']
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