全部

1·Optimal dynamic hedging of exchange rate risk is modeled and the hedging effectiveness of the dynamic and static strategies is compared.

构建一个最优动态汇率风险套期保值理论模型，并将其套期保值效率与静态策略进行实证对比。

2·The fourth chapter takes an empirical study based upon DC-MSV dynamic hedging model, and conducts the contrast research with three commonly used models.

第四章是对基于DC - MSV的动态套期保值模型进行实证，并与三种常用模型进行对比研究。

3·And the final result indicates the hedging effectiveness of dynamic stock index futures hedging strategy is better than minimum-variance hedging strategy.

研究结论是，在效用最大化对冲目标的基础上，股指期货动态对冲策略的有效性优于最小方差对冲策略。

4·Explain the futures contracts are longer, the better the effect of hedging estimated from the dynamic econometric models.

这说明在一般情况下，具有动态特征的计量模型适合于较长的期货合约，其套期保值效果更好。