DC Field | Value | Language |
---|---|---|
dc.contributor.author | 김수현 | ko |
dc.contributor.author | 이규석 | ko |
dc.contributor.author | 강형구 | ko |
dc.date.accessioned | 2016-04-12T08:21:17Z | - |
dc.date.available | 2016-04-12T08:21:17Z | - |
dc.date.created | 2015-09-25 | - |
dc.date.created | 2015-09-25 | - |
dc.date.issued | 2015-08 | - |
dc.identifier.citation | 선물연구, v.23, no.3, pp.353 - 366 | - |
dc.identifier.issn | 1229-988X | - |
dc.identifier.uri | http://hdl.handle.net/10203/203539 | - |
dc.description.abstract | There have been the concerns that leveraged and inverse ETFs contribute to the financial crisis of 2007~2008. Several researchers have investigated this important issue. However, there is no consensus yet whether leveraged and inverse ETFs destabilize a financial market. Financial stability is an important subject for policy makers, practitioners and academia. ETFs are one of the most important financial innovations. In particular, leveraged and inverse become more and more influential. Therefore, such lack of academic and practical consensus is a significant challenge. In this paper, we analyze whether leveraged and inverse ETFs affect the price and volatility of Korean market. Thus, our research contributes to the body of literature and to the design of public policies and trading strategies. Our research can also advance the development of ETF industry, one of the fastest growing and promising sector in the Korean financial market. | - |
dc.language | Korean | - |
dc.publisher | 한국파생상품학회 | - |
dc.title | Leveraged/Inverse ETFs and Volatility in the Korean Market | - |
dc.title.alternative | 한국에서의 레버리지 및 인버스 ETF의 변동성과 시장 충격에 관한 연구 | - |
dc.type | Article | - |
dc.type.rims | ART | - |
dc.citation.volume | 23 | - |
dc.citation.issue | 3 | - |
dc.citation.beginningpage | 353 | - |
dc.citation.endingpage | 366 | - |
dc.citation.publicationname | 선물연구 | - |
dc.identifier.kciid | ART002027918 | - |
dc.contributor.localauthor | 이규석 | - |
dc.contributor.nonIdAuthor | 김수현 | - |
dc.contributor.nonIdAuthor | 강형구 | - |
dc.subject.keywordAuthor | 상장지수펀드(ETF) | - |
dc.subject.keywordAuthor | 레버리지 ETF | - |
dc.subject.keywordAuthor | 인버스 ETF | - |
dc.subject.keywordAuthor | 시장 충격 | - |
dc.subject.keywordAuthor | 변동성 | - |
dc.subject.keywordAuthor | 금융 안정성 | - |
dc.subject.keywordAuthor | Exchange Traded Fund (ETF) | - |
dc.subject.keywordAuthor | Leveraged ETF | - |
dc.subject.keywordAuthor | Inverse ETF | - |
dc.subject.keywordAuthor | Market Impact | - |
dc.subject.keywordAuthor | Volatility | - |
dc.subject.keywordAuthor | Financial Stability | - |
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