Research Express@NCKU - Articles Digest
Research Express@NCKU - Articles Digest
Research Express@NCKU - Articles Digest
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<strong>Research</strong> <strong>Express@NCKU</strong> - <strong>Articles</strong> <strong>Digest</strong>estimated. As shown in Figure 2, for HDD/CDD the call price is higher under ARCH-effects variancethan under fixed variance, while the put price is lower.FIGURE 1a, Daily highest temperature (1997-2003)FIGURE 1b, Daily lowest temperature (1997-2003)2 of 3
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