December 2013
Intermediate to advanced
1200 pages
57h 13m
English
Content preview from Environment, Energy and Sustainable Development
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Environment, Energy and Sustainable Development – Sung, Kao & Chen (eds)
© 2014 Taylor & Francis Group, London, ISBN 978-1-138-00053-7
Effectiveness analysis of the carbon market based on Hurst index
Xiaohui Hai & Baochen Yang
College of Management and Economics, Tianjin University, Tianjin, China
School of Statistics and Mathematics, Inner Mongolia University of Finance and Economics, Hohhot, China
ABSTRACT: The Hurst index based on R/S analysis reveals the power function relation of observable
quantity in the nature system, and it is also widely used in the research on the complexity of fluctuations
in financial market. The paper carries out the multi-fractal analysis for the spot and futures markets of
carbon dioxide of EU ETS, and finds that ...
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