The Effect of Maturity in Gold Coin Futures Contracts Traded in Iran Mercantile Exchange (IME)
In this article, we examine Samuelson's hypothesis on maturity effect in gold coin futures contracts traded in Iran Mercantile Exchange (IME). According to this hypothesis, the volatility of futures prices increases as future contracts approaches expiration date. The results show that the matur...
| Main Authors: | , |
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| Format: | Article |
| Language: | fas |
| Published: |
Tarbiat Modares University
2015-04-01
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| Series: | پژوهشهای اقتصادی |
| Subjects: | |
| Online Access: | http://ecor.modares.ac.ir/article-18-8453-en.pdf |