Thesiss

There are three objectives of this dissertation. The first is to construct Divisia Indices for narrowly and broadly defined monetary aggregates. Unlike the narrowly defined monetary aggregate M1, the broader defined monetary aggregate M2 does show significant differences in both…

The futures market is used extensively for price discovery, arbitrage, and hedging. Since their introduction in the 1980's, the stock index futures have also become an active market and a very important research area. Any additional knowledge to understand the underlying effects…