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Keywords: Martingale Restriction
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Journal Articles
Journal of Derivatives and Quantitative Studies: Seonmul yeon’gu (2015) 23 (3): 367–389.
Published: 31 August 2015
...Tae-Hun Kang; Myung-Chul Lee This paper examines the martingale restriction for the KOSPI 200 index options market. And in cases of the rejections, we investigate the relative market efficiency between stock index and stock index options market, using approximate entropy (ApEn) method proposed...
Journal Articles
Journal Articles
Journal of Derivatives and Quantitative Studies: Seonmul yeon’gu (2007) 15 (2): 55–83.
Published: 30 November 2007
...Moo Sung Kim; Tae Hun Kang This article empirically analyzes some properties by all one-dimensional diffusion option models by using the martingale restriction test and examines the systematic risk factors Implied In return dynamics of KOSPI 200 index options. We find that the martingale...

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