Market Incompleteness and Divergences Between Forward and Futures Interest Rates

Authors


  • For valuable comments on earlier drafts of this paper, the author wishes to thank Stephen Buser, Andrew Chen, Charles Cox, Kurt Dew, Patrick Hess, Gailen Hite, E. Han Kim, Richard Lang, J. Huston McCulloch, Gordon Roberts, and Akio Yasuhara.

Ancillary