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Discrete Dynamics in Nature and Society
Volume 2013 (2013), Article ID 905329, 8 pages
http://dx.doi.org/10.1155/2013/905329
Research Article

Empirical Evidence on Time-Varying Hedging Effectiveness of Emissions Allowances under Departures from the Cost-of-Carry Theory

School of Finance, Zhejiang University of Finance & Economics, High Education Park in Xiasha District, Hangzhou, Zhejiang 310038, China

Received 6 June 2013; Accepted 5 November 2013

Academic Editor: Ivan Ivanov

Copyright © 2013 Kai Chang. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

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