A Study on the Relationship between Volatility Index and Stock Index－A Viewpoint from Portfolio Insurance Demand and Leverage Effect
碩士 === 逢甲大學 === 風險管理與保險研究所 === 100 === The objective of this thesis is to investigate if there are leverage effect and hedging effect in Taiwan and US stock markets. The leverage effect refers to the fact that falling stock prices are associated with higher stock volatility. While stock prices are f...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | zh-TW |
| Published: |
2012
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| Online Access: | http://ndltd.ncl.edu.tw/handle/98kxm7 |