About this document
Jrpo S 26 00337 by milimehdi is a document available to read on EtoBox.
This manuscript explores dynamic hedging strategies in energy markets using GAS-MIDAS Copula modeling to analyze the dependence between spot and futures prices. The study demonstrates that incorporating macroeconomic factors significantly enhances hedging effectiveness, outperforming traditional models in capturing volatility and correlation dynamics, especially during financial stress. The findings provide valuable insights for investors and policymakers in managing risks in volatile energy markets.
- Author
- milimehdi
- Language
- EN