Does the introduction of stock index futures effectively reduce stock market volatility? Is the 'futures effect' immediate? Evidence from the Italian stock exchange using GARCH

Author: Bologna Pierluigi   Cavallo Laura  

Publisher: Routledge Ltd

ISSN: 1466-4305

Source: Applied Financial Economics, Vol.12, Iss.3, 2002-03, pp. : 183-192

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Abstract