Convenience Yield Value of International Emission Allowance Based on Call Options. (29th June 2014)
- Record Type:
- Journal Article
- Title:
- Convenience Yield Value of International Emission Allowance Based on Call Options. (29th June 2014)
- Main Title:
- Convenience Yield Value of International Emission Allowance Based on Call Options
- Authors:
- Chang, Kai
- Other Names:
- Massoudieh Arash Academic Editor.
- Abstract:
- Abstract : Convenience yield is call options; spot holders attain excess investment revenues through holding spot assets instituted futures assets. Based on the hypothesis of convenience yields, our empirical results show that monthly convenience yield of emission allowance has significant options feature; convenience yield has strong correlation with price spread between spot and futures and their price volatility. The market information set is helpful to adjust portfolio policy and improve portfolio investment revenues of emission allowances.
- Is Part Of:
- Journal of computational environmental sciences. Volume 2014(2014)
- Journal:
- Journal of computational environmental sciences
- Issue:
- Volume 2014(2014)
- Issue Display:
- Volume 2014, Issue 2014 (2014)
- Year:
- 2014
- Volume:
- 2014
- Issue:
- 2014
- Issue Sort Value:
- 2014-2014-2014-0000
- Page Start:
- Page End:
- Publication Date:
- 2014-06-29
- Subjects:
- Environmental sciences -- Data processing -- Periodicals
Environmental sciences -- Data processing
Periodicals
333.70285 - Journal URLs:
- https://www.hindawi.com/journals/jces/ ↗
- DOI:
- 10.1155/2014/963964 ↗
- Languages:
- English
- ISSNs:
- 2356-7279
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library HMNTS - ELD Digital store
- Ingest File:
- 10828.xml