The effectiveness of index futures hedging in emerging markets during the crisis period of 2008-2010: Evidence from South Africa

Keyphrases

• Crisis Period 100%
• Hedging 100%
• Index Futures 100%
• Futures Hedging 100%
• Futures Markets 50%
• Comparative Effectiveness 50%
• Utility Maximization 50%
• Risk Aversion 50%
• Vector Error Correction Model 50%
• Optimal Hedge Ratio 50%
• Volatility Reduction 50%
• Emerging Stock Markets 50%

Economics, Econometrics and Finance

• Emerging Economies 100%
• Index Futures 100%
• Hedging 100%
• Measure of Dispersion 33%
• Volatility 33%
• Econometrics 33%
• ARCH Model 33%
• Utility Maximization 33%