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DC-MSV

DC-MSV

DC-MSV

DC-MSV

1

Finally, the empirical study shows that the efficiency of DC-MSV model is superior to the current popular hedging models.

三是实证研究表明，文章的模型优于流行的现有研究的套期保值模型。

3

The major innovation of this paper is that it estimates the dynamic hedge ratio by DC-MSV model .

文章的主要创新是通过 DC-MSV 模型来估计动态的套期保值比率。

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