Forward Exchange, Futures Trading, and Spot Price Variability: A General Equilibrium Approach

DOI10.2307/1913565zbMath0634.90008OpenAlexW1971936066MaRDI QIDQ3773662

Makoto Yano, Paul A. Weller

Publication date: 1987

Published in: Econometrica (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.2307/1913565

zbMATH Keywords

linear approximationincome transfersforward marketfutures market on spot pricetwo-agent, two-good, two-state general equilibrium model

Mathematics Subject Classification ID

General equilibrium theory (91B50)

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