Future dollar market efficiency in México
Abstract
An inefficient market can result in systematic losses for its players.
Hence, in this research, it is tested the efficiency of the market dollar
future in México. The results show that the aforementioned derivative
market, operated at the (MEXDER), is efficient. This is obtained after
applying the rational expectations approach proposed by Mckenzie and
Holt (1988) and the cointegration principle proposed by Engle and
Granger (Greene, 1999). To achive efficiency in the exchange market
implies the establishment of competitive headging on exchange range
variations.
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Published
2019-10-02
How to Cite
Ramírez-Román, A., & Martínez-Damián, M. Ã. (2019). Future dollar market efficiency in México. Agricultura, Sociedad Y Desarrollo, 2(1), 47–50. Retrieved from https://www.revista-asyd.org/index.php/asyd/article/view/1039
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