Economic Derivatives

13 Pages Posted: 22 Jun 2012

See all articles by Blaise Gadanecz

Blaise Gadanecz

Bank for International Settlements - Monetary and Economic Department

Richhild Moessner

Bank for International Settlements (BIS)

Christian Upper

Bank for International Settlements (BIS)

Date Written: March 2007

Abstract

Economic derivatives allow traders to take direct positions on the outcomes of macroeconomic data releases. In contrast to survey-based measures, the prices of economic derivatives provide information on the entire probability distribution underlying these expectations, not just point estimates. Measures for uncertainty derived from such distributions offer valuable information on how uncertainty about the economy evolves and affects financial markets.

JEL Classification: E44, G13

Suggested Citation

Gadanecz, Blaise and Moessner, Richhild and Upper, Christian, Economic Derivatives (March 2007). BIS Quarterly Review, March 2007, Available at SSRN: https://ssrn.com/abstract=1600060

Blaise Gadanecz (Contact Author)

Bank for International Settlements - Monetary and Economic Department ( email )

Centralbahnplatz 2
CH-4002 Basel
Switzerland
+41 61 280 8417 (Phone)
+41 61 280 8100 (Fax)

Richhild Moessner

Bank for International Settlements (BIS) ( email )

Centralbahnplatz 2
Basel, Basel-Stadt 4002
Switzerland

Christian Upper

Bank for International Settlements (BIS) ( email )

Centralbahnplatz 2
Basel, Basel-Stadt 4002
Switzerland

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
172
Abstract Views
1,150
rank
212,937
PlumX Metrics