The goal of this research was threefold: using Tr ü ck et al. ( 2006)' s results and methodology, we first investigated the changing market dynamics through the study of the futures and volatility term structures of EUA and found a market in clear contango.
本论文的目标有三层:第一,利用Trück et al.的结果和方法,通过对欧盟排放配额期货和波动的期限结构的分析来研究变化的市场动力,发现了市场明显地处于期货升水。
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