INDEX-BASED FUTURES AND OPTIONS MARKETS IN REAL-ESTATE

被引：75

作者：

CASE, KE

SHILLER, RJ

WEISS, AN

机构：

[1] CASE SHILLER WEISS INC,CAMBRIDGE,MA 02138

[2] YALE UNIV,COWLES FDN,NEW HAVEN,CT 06520

来源：

JOURNAL OF PORTFOLIO MANAGEMENT | 1993年 / 19卷 / 02期

关键词：

D O I：

10.3905/jpm.1993.409441

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

In this article, the authors propose that cash-settled futures and options markets be opened on real estate to allow for better diversification and hedging of this asset class, and explain how these markets solve problems that have hampered other real estate hedging media in the past. Related instruments, such as real estate forwards and swaps, and consumer-oriented products like home equity insurance, might be established with the futures and options markets.

引用

页码：83 / 92

页数：10