id	sid	tid	token	lemma	pos
ajfa-1990	1	1	microsoft	microsoft	PROPN
ajfa-1990	1	2	word	word	NOUN
ajfa-1990	1	3	1990	1990	NUM
ajfa-1990	1	4	-	-	SYM
ajfa-1990	1	5	7832	7832	NUM
ajfa-1990	1	6	-	-	PUNCT
ajfa-1990	1	7	1	1	NUM
ajfa-1990	1	8	-	-	PUNCT
ajfa-1990	1	9	rv	rv	NOUN
ajfa-1990	1	10	-	-	PUNCT
ajfa-1990	1	11	writer2	writer2	VERB
ajfa-1990	1	12	-	-	ADJ
ajfa-1990	1	13	new	new	ADJ
ajfa-1990	1	14	asian	asian	ADJ
ajfa-1990	1	15	journal	journal	NOUN
ajfa-1990	1	16	of	of	ADP
ajfa-1990	1	17	finance	finance	PROPN
ajfa-1990	1	18	&	&	CCONJ
ajfa-1990	1	19	accounting	accounting	PROPN
ajfa-1990	1	20	issn	issn	PROPN
ajfa-1990	1	21	1946	1946	NUM
ajfa-1990	1	22	-	-	PUNCT
ajfa-1990	1	23	052x	052x	NOUN
ajfa-1990	1	24	2012	2012	NUM
ajfa-1990	1	25	,	,	PUNCT
ajfa-1990	1	26	vol	vol	NOUN
ajfa-1990	1	27	.	.	PROPN
ajfa-1990	1	28	4	4	NUM
ajfa-1990	1	29	,	,	PUNCT
ajfa-1990	1	30	no	no	INTJ
ajfa-1990	1	31	.	.	NOUN
ajfa-1990	1	32	2	2	NUM
ajfa-1990	1	33	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-1990	1	34	199	199	NUM
ajfa-1990	1	35	futures	future	NOUN
ajfa-1990	1	36	trading	trading	NOUN
ajfa-1990	1	37	and	and	CCONJ
ajfa-1990	1	38	spot	spot	NOUN
ajfa-1990	1	39	market	market	NOUN
ajfa-1990	1	40	volatility	volatility	NOUN
ajfa-1990	1	41	:	:	PUNCT
ajfa-1990	1	42	evidence	evidence	NOUN
ajfa-1990	1	43	from	from	ADP
ajfa-1990	1	44	indian	indian	ADJ
ajfa-1990	1	45	commodity	commodity	NOUN
ajfa-1990	1	46	markets	market	NOUN
ajfa-1990	1	47	prof	prof	PROPN
ajfa-1990	1	48	.	.	PUNCT
ajfa-1990	2	1	sanjay	sanjay	PROPN
ajfa-1990	2	2	sehgal	sehgal	PROPN
ajfa-1990	2	3	university	university	PROPN
ajfa-1990	2	4	of	of	ADP
ajfa-1990	2	5	delhi	delhi	PROPN
ajfa-1990	2	6	e	e	NOUN
ajfa-1990	2	7	-	-	NOUN
ajfa-1990	2	8	mail	mail	NOUN
ajfa-1990	2	9	:	:	PUNCT
ajfa-1990	2	10	sanjayfin15@gmail.com	sanjayfin15@gmail.com	PROPN
ajfa-1990	2	11	dr	dr	PROPN
ajfa-1990	2	12	.	.	PROPN
ajfa-1990	2	13	namita	namita	PROPN
ajfa-1990	2	14	rajput	rajput	PROPN
ajfa-1990	2	15	university	university	PROPN
ajfa-1990	2	16	of	of	ADP
ajfa-1990	2	17	delhi	delhi	PROPN
ajfa-1990	2	18	e	e	NOUN
ajfa-1990	2	19	-	-	NOUN
ajfa-1990	2	20	mail	mail	NOUN
ajfa-1990	2	21	:	:	PUNCT
ajfa-1990	2	22	namitarajput27@gmail.com	namitarajput27@gmail.com	X
ajfa-1990	2	23	mr	mr	PROPN
ajfa-1990	2	24	rajeev	rajeev	PROPN
ajfa-1990	2	25	kumar	kumar	PROPN
ajfa-1990	2	26	dua	dua	PROPN
ajfa-1990	2	27	cmj	cmj	PROPN
ajfa-1990	2	28	university	university	PROPN
ajfa-1990	2	29	e	e	NOUN
ajfa-1990	2	30	-	-	NOUN
ajfa-1990	2	31	mail	mail	NOUN
ajfa-1990	2	32	:	:	PUNCT
ajfa-1990	2	33	capt.rkd@gmail.com	capt.rkd@gmail.com	PROPN
ajfa-1990	2	34	received	receive	VERB
ajfa-1990	2	35	:	:	PUNCT
ajfa-1990	2	36	june	june	PROPN
ajfa-1990	2	37	25	25	NUM
ajfa-1990	2	38	,	,	PUNCT
ajfa-1990	2	39	2012	2012	NUM
ajfa-1990	2	40	accepted	accept	VERB
ajfa-1990	2	41	:	:	PUNCT
ajfa-1990	2	42	august	august	PROPN
ajfa-1990	2	43	20	20	NUM
ajfa-1990	2	44	,	,	PUNCT
ajfa-1990	2	45	2012	2012	NUM
ajfa-1990	2	46	published	publish	VERB
ajfa-1990	2	47	:	:	PUNCT
ajfa-1990	2	48	december	december	PROPN
ajfa-1990	2	49	1	1	NUM
ajfa-1990	2	50	,	,	PUNCT
ajfa-1990	2	51	2012	2012	NUM
ajfa-1990	2	52	doi:10.5296	doi:10.5296	NOUN
ajfa-1990	2	53	/	/	SYM
ajfa-1990	2	54	ajfa.v4i2.1990	ajfa.v4i2.1990	NOUN
ajfa-1990	2	55	url	url	NOUN
ajfa-1990	2	56	:	:	PUNCT
ajfa-1990	2	57	http://dx.doi.org/10.5296/ajfa.v4i2.1990	http://dx.doi.org/10.5296/ajfa.v4i2.1990	PROPN
ajfa-1990	2	58	abstract	abstract	NOUN
ajfa-1990	2	59	in	in	ADP
ajfa-1990	2	60	the	the	DET
ajfa-1990	2	61	context	context	NOUN
ajfa-1990	2	62	of	of	ADP
ajfa-1990	2	63	emerging	emerge	VERB
ajfa-1990	2	64	indian	indian	ADJ
ajfa-1990	2	65	commodity	commodity	NOUN
ajfa-1990	2	66	futures	future	NOUN
ajfa-1990	2	67	markets	market	NOUN
ajfa-1990	2	68	,	,	PUNCT
ajfa-1990	2	69	this	this	DET
ajfa-1990	2	70	paper	paper	NOUN
ajfa-1990	2	71	empirically	empirically	ADV
ajfa-1990	2	72	examines	examine	VERB
ajfa-1990	2	73	the	the	DET
ajfa-1990	2	74	effect	effect	NOUN
ajfa-1990	2	75	of	of	ADP
ajfa-1990	2	76	futures	future	NOUN
ajfa-1990	2	77	trading	trading	NOUN
ajfa-1990	2	78	activity	activity	NOUN
ajfa-1990	2	79	(	(	PUNCT
ajfa-1990	2	80	trading	trading	NOUN
ajfa-1990	2	81	volume	volume	NOUN
ajfa-1990	2	82	;	;	PUNCT
ajfa-1990	2	83	proxy	proxy	NOUN
ajfa-1990	2	84	of	of	ADP
ajfa-1990	2	85	futures	future	NOUN
ajfa-1990	2	86	liquidity	liquidity	NOUN
ajfa-1990	2	87	)	)	PUNCT
ajfa-1990	2	88	on	on	ADP
ajfa-1990	2	89	spot	spot	NOUN
ajfa-1990	2	90	price	price	NOUN
ajfa-1990	2	91	volatility	volatility	NOUN
ajfa-1990	2	92	for	for	ADP
ajfa-1990	2	93	seven	seven	NUM
ajfa-1990	2	94	agricultural	agricultural	ADJ
ajfa-1990	2	95	commodities	commodity	NOUN
ajfa-1990	2	96	(	(	PUNCT
ajfa-1990	2	97	guar	guar	NOUN
ajfa-1990	2	98	seeds	seed	NOUN
ajfa-1990	2	99	,	,	PUNCT
ajfa-1990	2	100	turmeric	turmeric	NOUN
ajfa-1990	2	101	,	,	PUNCT
ajfa-1990	2	102	soya	soya	NOUN
ajfa-1990	2	103	bean	bean	NOUN
ajfa-1990	2	104	,	,	PUNCT
ajfa-1990	2	105	black	black	ADJ
ajfa-1990	2	106	pepper	pepper	NOUN
ajfa-1990	2	107	,	,	PUNCT
ajfa-1990	2	108	barley	barley	NOUN
ajfa-1990	2	109	,	,	PUNCT
ajfa-1990	2	110	maize	maize	NOUN
ajfa-1990	2	111	and	and	CCONJ
ajfa-1990	2	112	castor	castor	NOUN
ajfa-1990	2	113	seed).we	seed).we	NOUN
ajfa-1990	2	114	decompose	decompose	VERB
ajfa-1990	2	115	the	the	DET
ajfa-1990	2	116	futures	future	NOUN
ajfa-1990	2	117	volume	volume	NOUN
ajfa-1990	2	118	into	into	ADP
ajfa-1990	2	119	expected	expect	VERB
ajfa-1990	2	120	and	and	CCONJ
ajfa-1990	2	121	unexpected	unexpected	ADJ
ajfa-1990	2	122	components	component	NOUN
ajfa-1990	2	123	using	use	VERB
ajfa-1990	2	124	hodrick	hodrick	NOUN
ajfa-1990	2	125	–	–	PUNCT
ajfa-1990	2	126	prescott	prescott	NOUN
ajfa-1990	2	127	filter	filter	NOUN
ajfa-1990	2	128	(	(	PUNCT
ajfa-1990	2	129	hp	hp	NOUN
ajfa-1990	2	130	filter	filter	NOUN
ajfa-1990	2	131	)	)	PUNCT
ajfa-1990	2	132	.to	.to	PUNCT
ajfa-1990	3	1	clearly	clearly	ADV
ajfa-1990	3	2	understand	understand	VERB
ajfa-1990	3	3	the	the	DET
ajfa-1990	3	4	destabilization	destabilization	NOUN
ajfa-1990	3	5	effect	effect	NOUN
ajfa-1990	3	6	,	,	PUNCT
ajfa-1990	3	7	the	the	DET
ajfa-1990	3	8	relationship	relationship	NOUN
ajfa-1990	3	9	of	of	ADP
ajfa-1990	3	10	the	the	DET
ajfa-1990	3	11	unexpected	unexpected	ADJ
ajfa-1990	3	12	liquidity	liquidity	NOUN
ajfa-1990	3	13	of	of	ADP
ajfa-1990	3	14	futures	future	NOUN
ajfa-1990	3	15	market	market	NOUN
ajfa-1990	3	16	is	be	AUX
ajfa-1990	3	17	done	do	VERB
ajfa-1990	3	18	with	with	ADP
ajfa-1990	3	19	unexpected	unexpected	ADJ
ajfa-1990	3	20	volatility	volatility	NOUN
ajfa-1990	3	21	of	of	ADP
ajfa-1990	3	22	spot	spot	NOUN
ajfa-1990	3	23	market	market	NOUN
ajfa-1990	3	24	returns	return	NOUN
ajfa-1990	3	25	which	which	PRON
ajfa-1990	3	26	is	be	AUX
ajfa-1990	3	27	estimated	estimate	VERB
ajfa-1990	3	28	by	by	ADP
ajfa-1990	3	29	taking	take	VERB
ajfa-1990	3	30	the	the	DET
ajfa-1990	3	31	residuals	residual	NOUN
ajfa-1990	3	32	of	of	ADP
ajfa-1990	3	33	the	the	DET
ajfa-1990	3	34	garch	garch	NOUN
ajfa-1990	3	35	model	model	NOUN
ajfa-1990	3	36	.	.	PUNCT
ajfa-1990	4	1	we	we	PRON
ajfa-1990	4	2	find	find	VERB
ajfa-1990	4	3	that	that	SCONJ
ajfa-1990	4	4	unexpected	unexpected	ADJ
ajfa-1990	4	5	futures	future	NOUN
ajfa-1990	4	6	trading	trading	NOUN
ajfa-1990	4	7	volume	volume	NOUN
ajfa-1990	4	8	is	be	AUX
ajfa-1990	4	9	granger	granger	NOUN
ajfa-1990	4	10	causing	cause	VERB
ajfa-1990	4	11	spot	spot	NOUN
ajfa-1990	4	12	price	price	NOUN
ajfa-1990	4	13	volatility	volatility	NOUN
ajfa-1990	4	14	and	and	CCONJ
ajfa-1990	4	15	are	be	AUX
ajfa-1990	4	16	significant	significant	ADJ
ajfa-1990	4	17	for	for	ADP
ajfa-1990	4	18	five	five	NUM
ajfa-1990	4	19	out	out	ADP
ajfa-1990	4	20	of	of	ADP
ajfa-1990	4	21	seven	seven	NUM
ajfa-1990	4	22	agricultural	agricultural	ADJ
ajfa-1990	4	23	commodities	commodity	NOUN
ajfa-1990	4	24	(	(	PUNCT
ajfa-1990	4	25	guarseed	guarseed	VERB
ajfa-1990	4	26	,	,	PUNCT
ajfa-1990	4	27	turmeric	turmeric	NOUN
ajfa-1990	4	28	,	,	PUNCT
ajfa-1990	4	29	soybean	soybean	NOUN
ajfa-1990	4	30	,	,	PUNCT
ajfa-1990	4	31	maize	maize	NOUN
ajfa-1990	4	32	and	and	CCONJ
ajfa-1990	4	33	castor	castor	NOUN
ajfa-1990	4	34	seed	seed	NOUN
ajfa-1990	4	35	)	)	PUNCT
ajfa-1990	4	36	,	,	PUNCT
ajfa-1990	4	37	consistent	consistent	ADJ
ajfa-1990	4	38	with	with	ADP
ajfa-1990	4	39	bessembinder	bessembinder	NOUN
ajfa-1990	4	40	and	and	CCONJ
ajfa-1990	4	41	seguin	seguin	PROPN
ajfa-1990	4	42	(	(	PUNCT
ajfa-1990	4	43	1992).we	1992).we	NOUN
ajfa-1990	4	44	find	find	VERB
ajfa-1990	4	45	reversed	reversed	ADJ
ajfa-1990	4	46	effect	effect	NOUN
ajfa-1990	4	47	for	for	ADP
ajfa-1990	4	48	one	one	NUM
ajfa-1990	4	49	commodity	commodity	NOUN
ajfa-1990	4	50	i.e.	i.e.	X
ajfa-1990	4	51	pepper	pepper	VERB
ajfa-1990	4	52	the	the	DET
ajfa-1990	4	53	effect	effect	NOUN
ajfa-1990	4	54	of	of	ADP
ajfa-1990	4	55	spot	spot	NOUN
ajfa-1990	4	56	volatility	volatility	NOUN
ajfa-1990	4	57	on	on	ADP
ajfa-1990	4	58	futures	future	NOUN
ajfa-1990	4	59	trading	trading	NOUN
ajfa-1990	4	60	and	and	CCONJ
ajfa-1990	4	61	for	for	ADP
ajfa-1990	4	62	barley	barley	NOUN
ajfa-1990	4	63	no	no	DET
ajfa-1990	4	64	causality	causality	NOUN
ajfa-1990	4	65	is	be	AUX
ajfa-1990	4	66	revealed	reveal	VERB
ajfa-1990	4	67	either	either	CCONJ
ajfa-1990	4	68	from	from	ADP
ajfa-1990	4	69	asian	asian	ADJ
ajfa-1990	4	70	journal	journal	NOUN
ajfa-1990	4	71	of	of	ADP
ajfa-1990	4	72	finance	finance	PROPN
ajfa-1990	4	73	&	&	CCONJ
ajfa-1990	4	74	accounting	accounting	PROPN
ajfa-1990	4	75	issn	issn	PROPN
ajfa-1990	4	76	1946	1946	NUM
ajfa-1990	4	77	-	-	PUNCT
ajfa-1990	4	78	052x	052x	NOUN
ajfa-1990	4	79	2012	2012	NUM
ajfa-1990	4	80	,	,	PUNCT
ajfa-1990	4	81	vol	vol	NOUN
ajfa-1990	4	82	.	.	PROPN
ajfa-1990	4	83	4	4	NUM
ajfa-1990	4	84	,	,	PUNCT
ajfa-1990	4	85	no	no	INTJ
ajfa-1990	4	86	.	.	NOUN
ajfa-1990	4	87	2	2	NUM
ajfa-1990	4	88	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-1990	4	89	200	200	NUM
ajfa-1990	4	90	future	future	NOUN
ajfa-1990	4	91	to	to	PART
ajfa-1990	4	92	spot	spot	VERB
ajfa-1990	4	93	or	or	CCONJ
ajfa-1990	4	94	vice	vice	NOUN
ajfa-1990	4	95	-	-	NOUN
ajfa-1990	4	96	versa	versa	NOUN
ajfa-1990	4	97	.	.	PUNCT
ajfa-1990	5	1	besides	besides	SCONJ
ajfa-1990	5	2	being	be	AUX
ajfa-1990	5	3	of	of	ADP
ajfa-1990	5	4	interest	interest	NOUN
ajfa-1990	5	5	to	to	ADP
ajfa-1990	5	6	the	the	DET
ajfa-1990	5	7	participants	participant	NOUN
ajfa-1990	5	8	,	,	PUNCT
ajfa-1990	5	9	this	this	DET
ajfa-1990	5	10	study	study	NOUN
ajfa-1990	5	11	is	be	AUX
ajfa-1990	5	12	likely	likely	ADJ
ajfa-1990	5	13	to	to	PART
ajfa-1990	5	14	be	be	AUX
ajfa-1990	5	15	useful	useful	ADJ
ajfa-1990	5	16	in	in	ADP
ajfa-1990	5	17	addressing	address	VERB
ajfa-1990	5	18	the	the	DET
ajfa-1990	5	19	concerns	concern	NOUN
ajfa-1990	5	20	of	of	ADP
ajfa-1990	5	21	policy	policy	NOUN
ajfa-1990	5	22	makers	maker	NOUN
ajfa-1990	5	23	in	in	ADP
ajfa-1990	5	24	india	india	PROPN
ajfa-1990	5	25	on	on	ADP
ajfa-1990	5	26	alleged	allege	VERB
ajfa-1990	5	27	destabilizing	destabilizing	ADJ
ajfa-1990	5	28	effect	effect	NOUN
ajfa-1990	5	29	of	of	ADP
ajfa-1990	5	30	futures	future	NOUN
ajfa-1990	5	31	markets	market	NOUN
ajfa-1990	5	32	on	on	ADP
ajfa-1990	5	33	spot	spot	NOUN
ajfa-1990	5	34	prices	price	NOUN
ajfa-1990	5	35	as	as	ADP
ajfa-1990	5	36	for	for	ADP
ajfa-1990	5	37	emerging	emerge	VERB
ajfa-1990	5	38	futures	future	NOUN
ajfa-1990	5	39	markets	market	NOUN
ajfa-1990	5	40	.	.	PUNCT
ajfa-1990	6	1	commodity	commodity	NOUN
ajfa-1990	6	2	exchanges	exchange	NOUN
ajfa-1990	6	3	must	must	AUX
ajfa-1990	6	4	be	be	AUX
ajfa-1990	6	5	strengthen	strengthen	VERB
ajfa-1990	6	6	and	and	CCONJ
ajfa-1990	6	7	put	put	VERB
ajfa-1990	6	8	under	under	ADP
ajfa-1990	6	9	strict	strict	ADJ
ajfa-1990	6	10	and	and	CCONJ
ajfa-1990	6	11	active	active	ADJ
ajfa-1990	6	12	monitoring	monitoring	NOUN
ajfa-1990	6	13	for	for	ADP
ajfa-1990	6	14	early	early	ADJ
ajfa-1990	6	15	detection	detection	NOUN
ajfa-1990	6	16	of	of	ADP
ajfa-1990	6	17	anomalous	anomalous	ADJ
ajfa-1990	6	18	trading	trading	NOUN
ajfa-1990	6	19	behaviour	behaviour	NOUN
ajfa-1990	6	20	.	.	PUNCT
ajfa-1990	7	1	financial	financial	ADJ
ajfa-1990	7	2	autonomy	autonomy	NOUN
ajfa-1990	7	3	and	and	CCONJ
ajfa-1990	7	4	adequate	adequate	ADJ
ajfa-1990	7	5	powers	power	NOUN
ajfa-1990	7	6	should	should	AUX
ajfa-1990	7	7	be	be	AUX
ajfa-1990	7	8	given	give	VERB
ajfa-1990	7	9	to	to	ADP
ajfa-1990	7	10	forward	forward	VERB
ajfa-1990	7	11	market	market	NOUN
ajfa-1990	7	12	commission	commission	NOUN
ajfa-1990	7	13	to	to	PART
ajfa-1990	7	14	penalise	penalise	VERB
ajfa-1990	7	15	any	any	DET
ajfa-1990	7	16	insider	insider	NOUN
ajfa-1990	7	17	trading	trading	NOUN
ajfa-1990	7	18	and	and	CCONJ
ajfa-1990	7	19	price	price	NOUN
ajfa-1990	7	20	manipulations	manipulation	NOUN
ajfa-1990	7	21	,	,	PUNCT
ajfa-1990	7	22	this	this	PRON
ajfa-1990	7	23	will	will	AUX
ajfa-1990	7	24	minimize	minimize	VERB
ajfa-1990	7	25	price	price	NOUN
ajfa-1990	7	26	distortions	distortion	NOUN
ajfa-1990	7	27	.	.	PUNCT
ajfa-1990	8	1	the	the	DET
ajfa-1990	8	2	government	government	NOUN
ajfa-1990	8	3	support	support	NOUN
ajfa-1990	8	4	shall	shall	AUX
ajfa-1990	8	5	lead	lead	VERB
ajfa-1990	8	6	to	to	ADP
ajfa-1990	8	7	market	market	NOUN
ajfa-1990	8	8	growth	growth	NOUN
ajfa-1990	8	9	and	and	CCONJ
ajfa-1990	8	10	overall	overall	ADJ
ajfa-1990	8	11	economic	economic	ADJ
ajfa-1990	8	12	development	development	NOUN
ajfa-1990	8	13	.	.	PUNCT
ajfa-1990	9	1	keywords	keyword	NOUN
ajfa-1990	9	2	:	:	PUNCT
ajfa-1990	9	3	indian	indian	ADJ
ajfa-1990	9	4	commodity	commodity	NOUN
ajfa-1990	9	5	futures	future	NOUN
ajfa-1990	9	6	markets	market	NOUN
ajfa-1990	9	7	,	,	PUNCT
ajfa-1990	9	8	expected	expect	VERB
ajfa-1990	9	9	and	and	CCONJ
ajfa-1990	9	10	unexpected	unexpected	ADJ
ajfa-1990	9	11	futures	future	NOUN
ajfa-1990	9	12	trading	trading	NOUN
ajfa-1990	9	13	activity	activity	NOUN
ajfa-1990	9	14	,	,	PUNCT
ajfa-1990	9	15	trading	trading	NOUN
ajfa-1990	9	16	volume	volume	NOUN
ajfa-1990	9	17	,	,	PUNCT
ajfa-1990	9	18	open	open	ADJ
ajfa-1990	9	19	interest	interest	NOUN
ajfa-1990	9	20	,	,	PUNCT
ajfa-1990	9	21	spot	spot	NOUN
ajfa-1990	9	22	volatility	volatility	PROPN
ajfa-1990	9	23	jel	jel	PROPN
ajfa-1990	9	24	codes	codes	PROPN
ajfa-1990	9	25	:	:	PUNCT
ajfa-1990	9	26	g10	g10	PROPN
ajfa-1990	9	27	,	,	PUNCT
ajfa-1990	9	28	g14	g14	PROPN
ajfa-1990	9	29	,	,	PUNCT
ajfa-1990	9	30	g15	g15	PROPN
ajfa-1990	9	31	asian	asian	PROPN
ajfa-1990	9	32	journal	journal	PROPN
ajfa-1990	9	33	of	of	ADP
ajfa-1990	9	34	finance	finance	PROPN
ajfa-1990	9	35	&	&	CCONJ
ajfa-1990	9	36	accounting	accounting	PROPN
ajfa-1990	9	37	issn	issn	PROPN
ajfa-1990	9	38	1946	1946	NUM
ajfa-1990	9	39	-	-	PUNCT
ajfa-1990	9	40	052x	052x	NOUN
ajfa-1990	9	41	2012	2012	NUM
ajfa-1990	9	42	,	,	PUNCT
ajfa-1990	9	43	vol	vol	NOUN
ajfa-1990	9	44	.	.	PROPN
ajfa-1990	10	1	4	4	NUM
ajfa-1990	10	2	,	,	PUNCT
ajfa-1990	10	3	no	no	INTJ
ajfa-1990	10	4	.	.	NOUN
ajfa-1990	10	5	2	2	NUM
ajfa-1990	10	6	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-1990	10	7	201	201	NUM
ajfa-1990	10	8	1	1	NUM
ajfa-1990	10	9	.	.	PUNCT
ajfa-1990	11	1	introduction	introduction	NOUN
ajfa-1990	11	2	the	the	DET
ajfa-1990	11	3	global	global	ADJ
ajfa-1990	11	4	liberalization	liberalization	NOUN
ajfa-1990	11	5	and	and	CCONJ
ajfa-1990	11	6	integration	integration	NOUN
ajfa-1990	11	7	of	of	ADP
ajfa-1990	11	8	financial	financial	ADJ
ajfa-1990	11	9	markets	market	NOUN
ajfa-1990	11	10	has	have	AUX
ajfa-1990	11	11	shaped	shape	VERB
ajfa-1990	11	12	new	new	ADJ
ajfa-1990	11	13	investment	investment	NOUN
ajfa-1990	11	14	opportunities	opportunity	NOUN
ajfa-1990	11	15	,	,	PUNCT
ajfa-1990	11	16	which	which	PRON
ajfa-1990	11	17	in	in	ADP
ajfa-1990	11	18	turn	turn	NOUN
ajfa-1990	11	19	require	require	VERB
ajfa-1990	11	20	the	the	DET
ajfa-1990	11	21	development	development	NOUN
ajfa-1990	11	22	of	of	ADP
ajfa-1990	11	23	new	new	ADJ
ajfa-1990	11	24	instruments	instrument	NOUN
ajfa-1990	11	25	that	that	PRON
ajfa-1990	11	26	are	be	AUX
ajfa-1990	11	27	more	more	ADV
ajfa-1990	11	28	proficient	proficient	ADJ
ajfa-1990	11	29	to	to	PART
ajfa-1990	11	30	deal	deal	VERB
ajfa-1990	11	31	with	with	ADP
ajfa-1990	11	32	the	the	DET
ajfa-1990	11	33	increased	increase	VERB
ajfa-1990	11	34	risks	risk	NOUN
ajfa-1990	11	35	.	.	PUNCT
ajfa-1990	12	1	investors	investor	NOUN
ajfa-1990	12	2	who	who	PRON
ajfa-1990	12	3	are	be	AUX
ajfa-1990	12	4	actively	actively	ADV
ajfa-1990	12	5	engaged	engage	VERB
ajfa-1990	12	6	in	in	ADP
ajfa-1990	12	7	industrial	industrial	ADJ
ajfa-1990	12	8	and	and	CCONJ
ajfa-1990	12	9	emerging	emerge	VERB
ajfa-1990	12	10	markets	market	NOUN
ajfa-1990	12	11	need	need	VERB
ajfa-1990	12	12	to	to	PART
ajfa-1990	12	13	hedge	hedge	VERB
ajfa-1990	12	14	their	their	PRON
ajfa-1990	12	15	risks	risk	NOUN
ajfa-1990	12	16	from	from	ADP
ajfa-1990	12	17	these	these	DET
ajfa-1990	12	18	internal	internal	ADJ
ajfa-1990	12	19	as	as	ADV
ajfa-1990	12	20	well	well	ADV
ajfa-1990	12	21	as	as	ADP
ajfa-1990	12	22	cross	cross	ADJ
ajfa-1990	12	23	-	-	ADJ
ajfa-1990	12	24	border	border	ADJ
ajfa-1990	12	25	transactions	transaction	NOUN
ajfa-1990	12	26	.	.	PUNCT
ajfa-1990	13	1	agents	agent	NOUN
ajfa-1990	13	2	in	in	ADP
ajfa-1990	13	3	liberalized	liberalize	VERB
ajfa-1990	13	4	market	market	NOUN
ajfa-1990	13	5	economies	economy	NOUN
ajfa-1990	13	6	who	who	PRON
ajfa-1990	13	7	are	be	AUX
ajfa-1990	13	8	exposed	expose	VERB
ajfa-1990	13	9	to	to	ADP
ajfa-1990	13	10	volatile	volatile	ADJ
ajfa-1990	13	11	stock	stock	NOUN
ajfa-1990	13	12	prices	price	NOUN
ajfa-1990	13	13	and	and	CCONJ
ajfa-1990	13	14	interest	interest	NOUN
ajfa-1990	13	15	rate	rate	NOUN
ajfa-1990	13	16	changes	change	NOUN
ajfa-1990	13	17	entail	entail	VERB
ajfa-1990	13	18	suitable	suitable	ADJ
ajfa-1990	13	19	hedging	hedging	NOUN
ajfa-1990	13	20	products	product	NOUN
ajfa-1990	13	21	to	to	PART
ajfa-1990	13	22	pact	pact	VERB
ajfa-1990	13	23	with	with	ADP
ajfa-1990	13	24	them	they	PRON
ajfa-1990	13	25	.	.	PUNCT
ajfa-1990	14	1	with	with	ADP
ajfa-1990	14	2	the	the	DET
ajfa-1990	14	3	advent	advent	NOUN
ajfa-1990	14	4	of	of	ADP
ajfa-1990	14	5	liberalisation	liberalisation	NOUN
ajfa-1990	14	6	and	and	CCONJ
ajfa-1990	14	7	economic	economic	ADJ
ajfa-1990	14	8	expansion	expansion	NOUN
ajfa-1990	14	9	in	in	ADP
ajfa-1990	14	10	these	these	DET
ajfa-1990	14	11	emerging	emerge	VERB
ajfa-1990	14	12	economies	economy	NOUN
ajfa-1990	14	13	demands	demand	VERB
ajfa-1990	14	14	that	that	SCONJ
ajfa-1990	14	15	corporations	corporation	NOUN
ajfa-1990	14	16	should	should	AUX
ajfa-1990	14	17	discover	discover	VERB
ajfa-1990	14	18	better	well	ADJ
ajfa-1990	14	19	ways	way	NOUN
ajfa-1990	14	20	to	to	PART
ajfa-1990	14	21	manage	manage	VERB
ajfa-1990	14	22	financial	financial	ADJ
ajfa-1990	14	23	and	and	CCONJ
ajfa-1990	14	24	commodity	commodity	NOUN
ajfa-1990	14	25	risks	risk	NOUN
ajfa-1990	14	26	.	.	PUNCT
ajfa-1990	15	1	the	the	DET
ajfa-1990	15	2	most	most	ADV
ajfa-1990	15	3	wanted	wanted	ADJ
ajfa-1990	15	4	instruments	instrument	NOUN
ajfa-1990	15	5	that	that	PRON
ajfa-1990	15	6	allow	allow	VERB
ajfa-1990	15	7	market	market	NOUN
ajfa-1990	15	8	participants	participant	NOUN
ajfa-1990	15	9	to	to	PART
ajfa-1990	15	10	manage	manage	VERB
ajfa-1990	15	11	risk	risk	NOUN
ajfa-1990	15	12	in	in	ADP
ajfa-1990	15	13	the	the	DET
ajfa-1990	15	14	modern	modern	ADJ
ajfa-1990	15	15	securities	security	NOUN
ajfa-1990	15	16	trading	trading	NOUN
ajfa-1990	15	17	are	be	AUX
ajfa-1990	15	18	known	know	VERB
ajfa-1990	15	19	as	as	ADP
ajfa-1990	15	20	derivatives	derivative	NOUN
ajfa-1990	15	21	which	which	PRON
ajfa-1990	15	22	are	be	AUX
ajfa-1990	15	23	a	a	DET
ajfa-1990	15	24	new	new	ADJ
ajfa-1990	15	25	advent	advent	NOUN
ajfa-1990	15	26	in	in	ADP
ajfa-1990	15	27	developing	develop	VERB
ajfa-1990	15	28	countries	country	NOUN
ajfa-1990	15	29	compared	compare	VERB
ajfa-1990	15	30	to	to	ADP
ajfa-1990	15	31	developed	develop	VERB
ajfa-1990	15	32	countries	country	NOUN
ajfa-1990	15	33	.	.	PUNCT
ajfa-1990	16	1	the	the	DET
ajfa-1990	16	2	main	main	ADJ
ajfa-1990	16	3	reason	reason	NOUN
ajfa-1990	16	4	behind	behind	ADP
ajfa-1990	16	5	the	the	DET
ajfa-1990	16	6	derivatives	derivative	NOUN
ajfa-1990	16	7	trading	trading	NOUN
ajfa-1990	16	8	is	be	AUX
ajfa-1990	16	9	that	that	SCONJ
ajfa-1990	16	10	derivatives	derivative	NOUN
ajfa-1990	16	11	reduce	reduce	VERB
ajfa-1990	16	12	the	the	DET
ajfa-1990	16	13	risk	risk	NOUN
ajfa-1990	16	14	by	by	ADP
ajfa-1990	16	15	providing	provide	VERB
ajfa-1990	16	16	an	an	DET
ajfa-1990	16	17	additional	additional	ADJ
ajfa-1990	16	18	way	way	NOUN
ajfa-1990	16	19	to	to	PART
ajfa-1990	16	20	invest	invest	VERB
ajfa-1990	16	21	with	with	ADP
ajfa-1990	16	22	lesser	less	ADJ
ajfa-1990	16	23	trading	trading	NOUN
ajfa-1990	16	24	cost	cost	NOUN
ajfa-1990	16	25	and	and	CCONJ
ajfa-1990	16	26	it	it	PRON
ajfa-1990	16	27	facilitates	facilitate	VERB
ajfa-1990	16	28	the	the	DET
ajfa-1990	16	29	investors	investor	NOUN
ajfa-1990	16	30	to	to	PART
ajfa-1990	16	31	extend	extend	VERB
ajfa-1990	16	32	their	their	PRON
ajfa-1990	16	33	settlement	settlement	NOUN
ajfa-1990	16	34	through	through	ADP
ajfa-1990	16	35	the	the	DET
ajfa-1990	16	36	future	future	ADJ
ajfa-1990	16	37	contracts	contract	NOUN
ajfa-1990	16	38	.	.	PUNCT
ajfa-1990	17	1	it	it	PRON
ajfa-1990	17	2	provides	provide	VERB
ajfa-1990	17	3	extra	extra	ADJ
ajfa-1990	17	4	liquidity	liquidity	NOUN
ajfa-1990	17	5	in	in	ADP
ajfa-1990	17	6	the	the	DET
ajfa-1990	17	7	stock	stock	NOUN
ajfa-1990	17	8	market	market	NOUN
ajfa-1990	17	9	.	.	PUNCT
ajfa-1990	18	1	they	they	PRON
ajfa-1990	18	2	represent	represent	VERB
ajfa-1990	18	3	contracts	contract	NOUN
ajfa-1990	18	4	whose	whose	DET
ajfa-1990	18	5	payoff	payoff	NOUN
ajfa-1990	18	6	at	at	ADP
ajfa-1990	18	7	expiration	expiration	NOUN
ajfa-1990	18	8	is	be	AUX
ajfa-1990	18	9	determined	determine	VERB
ajfa-1990	18	10	by	by	ADP
ajfa-1990	18	11	the	the	DET
ajfa-1990	18	12	price	price	NOUN
ajfa-1990	18	13	of	of	ADP
ajfa-1990	18	14	the	the	DET
ajfa-1990	18	15	underlying	underlie	VERB
ajfa-1990	18	16	asset	asset	NOUN
ajfa-1990	18	17	—	—	PUNCT
ajfa-1990	18	18	a	a	DET
ajfa-1990	18	19	currency	currency	NOUN
ajfa-1990	18	20	,	,	PUNCT
ajfa-1990	18	21	an	an	DET
ajfa-1990	18	22	interest	interest	NOUN
ajfa-1990	18	23	rate	rate	NOUN
ajfa-1990	18	24	,	,	PUNCT
ajfa-1990	18	25	a	a	DET
ajfa-1990	18	26	commodity	commodity	NOUN
ajfa-1990	18	27	,	,	PUNCT
ajfa-1990	18	28	or	or	CCONJ
ajfa-1990	18	29	a	a	DET
ajfa-1990	18	30	stock	stock	NOUN
ajfa-1990	18	31	.	.	PUNCT
ajfa-1990	19	1	derivatives	derivative	NOUN
ajfa-1990	19	2	are	be	AUX
ajfa-1990	19	3	traded	trade	VERB
ajfa-1990	19	4	in	in	ADP
ajfa-1990	19	5	organized	organize	VERB
ajfa-1990	19	6	stock	stock	NOUN
ajfa-1990	19	7	exchanges	exchange	NOUN
ajfa-1990	19	8	or	or	CCONJ
ajfa-1990	19	9	over	over	ADP
ajfa-1990	19	10	the	the	DET
ajfa-1990	19	11	counter	counter	NOUN
ajfa-1990	19	12	by	by	ADP
ajfa-1990	19	13	derivatives	derivative	NOUN
ajfa-1990	19	14	dealers	dealer	NOUN
ajfa-1990	19	15	.	.	PUNCT
ajfa-1990	20	1	the	the	DET
ajfa-1990	20	2	issue	issue	NOUN
ajfa-1990	20	3	of	of	ADP
ajfa-1990	20	4	the	the	DET
ajfa-1990	20	5	impact	impact	NOUN
ajfa-1990	20	6	of	of	ADP
ajfa-1990	20	7	derivatives	derivative	NOUN
ajfa-1990	20	8	trading	trade	VERB
ajfa-1990	20	9	on	on	ADP
ajfa-1990	20	10	stock	stock	NOUN
ajfa-1990	20	11	market	market	NOUN
ajfa-1990	20	12	volatility	volatility	NOUN
ajfa-1990	20	13	has	have	AUX
ajfa-1990	20	14	received	receive	VERB
ajfa-1990	20	15	considerable	considerable	ADJ
ajfa-1990	20	16	attention	attention	NOUN
ajfa-1990	20	17	in	in	ADP
ajfa-1990	20	18	recent	recent	ADJ
ajfa-1990	20	19	years	year	NOUN
ajfa-1990	20	20	in	in	ADP
ajfa-1990	20	21	india	india	PROPN
ajfa-1990	20	22	,	,	PUNCT
ajfa-1990	20	23	particularly	particularly	ADV
ajfa-1990	20	24	after	after	ADP
ajfa-1990	20	25	the	the	DET
ajfa-1990	20	26	stock	stock	NOUN
ajfa-1990	20	27	market	market	NOUN
ajfa-1990	20	28	crash	crash	NOUN
ajfa-1990	20	29	of	of	ADP
ajfa-1990	20	30	2001	2001	NUM
ajfa-1990	20	31	.	.	PUNCT
ajfa-1990	21	1	derivative	derivative	ADJ
ajfa-1990	21	2	products	product	NOUN
ajfa-1990	21	3	like	like	ADP
ajfa-1990	21	4	futures	future	NOUN
ajfa-1990	21	5	and	and	CCONJ
ajfa-1990	21	6	options	option	NOUN
ajfa-1990	21	7	on	on	ADP
ajfa-1990	21	8	indian	indian	ADJ
ajfa-1990	21	9	stock	stock	NOUN
ajfa-1990	21	10	markets	market	NOUN
ajfa-1990	21	11	have	have	AUX
ajfa-1990	21	12	become	become	VERB
ajfa-1990	21	13	important	important	ADJ
ajfa-1990	21	14	instruments	instrument	NOUN
ajfa-1990	21	15	of	of	ADP
ajfa-1990	21	16	price	price	NOUN
ajfa-1990	21	17	discovery	discovery	NOUN
ajfa-1990	21	18	,	,	PUNCT
ajfa-1990	21	19	portfolio	portfolio	NOUN
ajfa-1990	21	20	diversification	diversification	NOUN
ajfa-1990	21	21	and	and	CCONJ
ajfa-1990	21	22	risk	risk	NOUN
ajfa-1990	21	23	hedging	hedging	NOUN
ajfa-1990	21	24	in	in	ADP
ajfa-1990	21	25	recent	recent	ADJ
ajfa-1990	21	26	times	time	NOUN
ajfa-1990	21	27	.	.	PUNCT
ajfa-1990	22	1	in	in	ADP
ajfa-1990	22	2	the	the	DET
ajfa-1990	22	3	last	last	ADJ
ajfa-1990	22	4	decade	decade	NOUN
ajfa-1990	22	5	,	,	PUNCT
ajfa-1990	22	6	many	many	ADJ
ajfa-1990	22	7	emerging	emerge	VERB
ajfa-1990	22	8	and	and	CCONJ
ajfa-1990	22	9	transition	transition	NOUN
ajfa-1990	22	10	economies	economy	NOUN
ajfa-1990	22	11	have	have	AUX
ajfa-1990	22	12	started	start	VERB
ajfa-1990	22	13	introducing	introduce	VERB
ajfa-1990	22	14	derivative	derivative	ADJ
ajfa-1990	22	15	contracts	contract	NOUN
ajfa-1990	22	16	.	.	PUNCT
ajfa-1990	23	1	since	since	SCONJ
ajfa-1990	23	2	derivatives	derivative	NOUN
ajfa-1990	23	3	markets	market	NOUN
ajfa-1990	23	4	have	have	AUX
ajfa-1990	23	5	been	be	AUX
ajfa-1990	23	6	in	in	ADP
ajfa-1990	23	7	existence	existence	NOUN
ajfa-1990	23	8	form	form	NOUN
ajfa-1990	23	9	as	as	ADV
ajfa-1990	23	10	long	long	ADV
ajfa-1990	23	11	,	,	PUNCT
ajfa-1990	23	12	and	and	CCONJ
ajfa-1990	23	13	by	by	ADP
ajfa-1990	23	14	many	many	ADJ
ajfa-1990	23	15	accounts	account	NOUN
ajfa-1990	23	16	even	even	ADV
ajfa-1990	23	17	longer	long	ADV
ajfa-1990	23	18	than	than	ADP
ajfa-1990	23	19	that	that	PRON
ajfa-1990	23	20	for	for	ADP
ajfa-1990	23	21	securities	security	NOUN
ajfa-1990	23	22	,	,	PUNCT
ajfa-1990	23	23	it	it	PRON
ajfa-1990	23	24	has	have	AUX
ajfa-1990	23	25	been	be	AUX
ajfa-1990	23	26	their	their	PRON
ajfa-1990	23	27	growth	growth	NOUN
ajfa-1990	23	28	in	in	ADP
ajfa-1990	23	29	the	the	DET
ajfa-1990	23	30	past	past	ADJ
ajfa-1990	23	31	30	30	NUM
ajfa-1990	23	32	years	year	NOUN
ajfa-1990	23	33	that	that	PRON
ajfa-1990	23	34	has	have	AUX
ajfa-1990	23	35	made	make	VERB
ajfa-1990	23	36	them	they	PRON
ajfa-1990	23	37	a	a	DET
ajfa-1990	23	38	significant	significant	ADJ
ajfa-1990	23	39	segment	segment	NOUN
ajfa-1990	23	40	of	of	ADP
ajfa-1990	23	41	the	the	DET
ajfa-1990	23	42	financial	financial	ADJ
ajfa-1990	23	43	markets.the	markets.the	PROPN
ajfa-1990	23	44	issue	issue	NOUN
ajfa-1990	23	45	pertaining	pertain	VERB
ajfa-1990	23	46	to	to	ADP
ajfa-1990	23	47	the	the	DET
ajfa-1990	23	48	impact	impact	NOUN
ajfa-1990	23	49	of	of	ADP
ajfa-1990	23	50	index	index	NOUN
ajfa-1990	23	51	futures	future	NOUN
ajfa-1990	23	52	on	on	ADP
ajfa-1990	23	53	the	the	DET
ajfa-1990	23	54	volatility	volatility	NOUN
ajfa-1990	23	55	of	of	ADP
ajfa-1990	23	56	the	the	DET
ajfa-1990	23	57	fundamental	fundamental	ADJ
ajfa-1990	23	58	spot	spot	NOUN
ajfa-1990	23	59	market	market	NOUN
ajfa-1990	23	60	has	have	AUX
ajfa-1990	23	61	increasingly	increasingly	ADV
ajfa-1990	23	62	received	receive	VERB
ajfa-1990	23	63	the	the	DET
ajfa-1990	23	64	awareness	awareness	NOUN
ajfa-1990	23	65	of	of	ADP
ajfa-1990	23	66	researchers	researcher	NOUN
ajfa-1990	23	67	and	and	CCONJ
ajfa-1990	23	68	policy	policy	NOUN
ajfa-1990	23	69	makers	maker	NOUN
ajfa-1990	23	70	alike	alike	ADV
ajfa-1990	23	71	.	.	PUNCT
ajfa-1990	24	1	this	this	PRON
ajfa-1990	24	2	is	be	AUX
ajfa-1990	24	3	primarily	primarily	ADV
ajfa-1990	24	4	due	due	ADJ
ajfa-1990	24	5	to	to	ADP
ajfa-1990	24	6	the	the	DET
ajfa-1990	24	7	destabilizing	destabilizing	ADJ
ajfa-1990	24	8	perception	perception	NOUN
ajfa-1990	24	9	surrounding	surround	VERB
ajfa-1990	24	10	index	index	NOUN
ajfa-1990	24	11	futures	future	NOUN
ajfa-1990	24	12	in	in	ADP
ajfa-1990	24	13	the	the	DET
ajfa-1990	24	14	context	context	NOUN
ajfa-1990	24	15	of	of	ADP
ajfa-1990	24	16	several	several	ADJ
ajfa-1990	24	17	stock	stock	NOUN
ajfa-1990	24	18	market	market	NOUN
ajfa-1990	24	19	crashes	crash	NOUN
ajfa-1990	24	20	,	,	PUNCT
ajfa-1990	24	21	such	such	ADJ
ajfa-1990	24	22	as	as	ADP
ajfa-1990	24	23	us	us	PROPN
ajfa-1990	24	24	market	market	NOUN
ajfa-1990	24	25	crash	crash	NOUN
ajfa-1990	24	26	of	of	ADP
ajfa-1990	24	27	1987	1987	NUM
ajfa-1990	24	28	,	,	PUNCT
ajfa-1990	24	29	the	the	DET
ajfa-1990	24	30	us	us	PROPN
ajfa-1990	24	31	flash	flash	NOUN
ajfa-1990	24	32	crash	crash	NOUN
ajfa-1990	24	33	in	in	ADP
ajfa-1990	24	34	2010	2010	NUM
ajfa-1990	24	35	,	,	PUNCT
ajfa-1990	24	36	and	and	CCONJ
ajfa-1990	24	37	the	the	DET
ajfa-1990	24	38	indian	indian	ADJ
ajfa-1990	24	39	stock	stock	NOUN
ajfa-1990	24	40	market	market	NOUN
ajfa-1990	24	41	crash	crash	NOUN
ajfa-1990	24	42	in	in	ADP
ajfa-1990	24	43	2008	2008	NUM
ajfa-1990	24	44	.	.	PUNCT
ajfa-1990	25	1	empirical	empirical	ADJ
ajfa-1990	25	2	researchers	researcher	NOUN
ajfa-1990	25	3	have	have	AUX
ajfa-1990	25	4	tried	try	VERB
ajfa-1990	25	5	to	to	PART
ajfa-1990	25	6	find	find	VERB
ajfa-1990	25	7	a	a	DET
ajfa-1990	25	8	pattern	pattern	NOUN
ajfa-1990	25	9	in	in	ADP
ajfa-1990	25	10	stock	stock	NOUN
ajfa-1990	25	11	return	return	NOUN
ajfa-1990	25	12	movements	movement	NOUN
ajfa-1990	25	13	or	or	CCONJ
ajfa-1990	25	14	factors	factor	NOUN
ajfa-1990	25	15	determining	determine	VERB
ajfa-1990	25	16	these	these	DET
ajfa-1990	25	17	movements	movement	NOUN
ajfa-1990	25	18	.	.	PUNCT
ajfa-1990	26	1	they	they	PRON
ajfa-1990	26	2	believe	believe	VERB
ajfa-1990	26	3	that	that	SCONJ
ajfa-1990	26	4	speculation	speculation	NOUN
ajfa-1990	26	5	is	be	AUX
ajfa-1990	26	6	inherently	inherently	ADV
ajfa-1990	26	7	unstable	unstable	ADJ
ajfa-1990	26	8	because	because	SCONJ
ajfa-1990	26	9	of	of	ADP
ajfa-1990	26	10	the	the	DET
ajfa-1990	26	11	herd	herd	NOUN
ajfa-1990	26	12	tendency	tendency	NOUN
ajfa-1990	26	13	,	,	PUNCT
ajfa-1990	26	14	selling	sell	VERB
ajfa-1990	26	15	at	at	ADP
ajfa-1990	26	16	falling	fall	VERB
ajfa-1990	26	17	prices	price	NOUN
ajfa-1990	26	18	and	and	CCONJ
ajfa-1990	26	19	buying	buy	VERB
ajfa-1990	26	20	at	at	ADP
ajfa-1990	26	21	rising	rise	VERB
ajfa-1990	26	22	prices	price	NOUN
ajfa-1990	26	23	thereby	thereby	ADV
ajfa-1990	26	24	escalating	escalate	VERB
ajfa-1990	26	25	the	the	DET
ajfa-1990	26	26	amplitude	amplitude	NOUN
ajfa-1990	26	27	of	of	ADP
ajfa-1990	26	28	volatility	volatility	NOUN
ajfa-1990	26	29	of	of	ADP
ajfa-1990	26	30	spot	spot	NOUN
ajfa-1990	26	31	prices	price	NOUN
ajfa-1990	26	32	.	.	PUNCT
ajfa-1990	27	1	the	the	DET
ajfa-1990	27	2	effect	effect	NOUN
ajfa-1990	27	3	of	of	ADP
ajfa-1990	27	4	futures	future	NOUN
ajfa-1990	27	5	trading	trading	NOUN
ajfa-1990	27	6	on	on	ADP
ajfa-1990	27	7	cash	cash	NOUN
ajfa-1990	27	8	price	price	NOUN
ajfa-1990	27	9	volatility	volatility	NOUN
ajfa-1990	27	10	has	have	AUX
ajfa-1990	27	11	long	long	ADV
ajfa-1990	27	12	been	be	AUX
ajfa-1990	27	13	discussed	discuss	VERB
ajfa-1990	27	14	.	.	PUNCT
ajfa-1990	28	1	commodity	commodity	NOUN
ajfa-1990	28	2	futures	future	NOUN
ajfa-1990	28	3	trading	trading	NOUN
ajfa-1990	28	4	in	in	ADP
ajfa-1990	28	5	india	india	PROPN
ajfa-1990	28	6	has	have	AUX
ajfa-1990	28	7	been	be	AUX
ajfa-1990	28	8	an	an	DET
ajfa-1990	28	9	issue	issue	NOUN
ajfa-1990	28	10	of	of	ADP
ajfa-1990	28	11	hot	hot	ADJ
ajfa-1990	28	12	debate	debate	NOUN
ajfa-1990	28	13	amongst	amongst	ADP
ajfa-1990	28	14	policy	policy	NOUN
ajfa-1990	28	15	makers	maker	NOUN
ajfa-1990	28	16	and	and	CCONJ
ajfa-1990	28	17	academics	academic	NOUN
ajfa-1990	28	18	.	.	PUNCT
ajfa-1990	29	1	it	it	PRON
ajfa-1990	29	2	has	have	AUX
ajfa-1990	29	3	also	also	ADV
ajfa-1990	29	4	caught	catch	VERB
ajfa-1990	29	5	strong	strong	ADJ
ajfa-1990	29	6	media	medium	NOUN
ajfa-1990	29	7	attention	attention	NOUN
ajfa-1990	29	8	in	in	ADP
ajfa-1990	29	9	the	the	DET
ajfa-1990	29	10	past	past	ADJ
ajfa-1990	29	11	few	few	ADJ
ajfa-1990	29	12	years	year	NOUN
ajfa-1990	29	13	;	;	PUNCT
ajfa-1990	29	14	owing	owe	VERB
ajfa-1990	29	15	to	to	ADP
ajfa-1990	29	16	fears	fear	NOUN
ajfa-1990	29	17	of	of	ADP
ajfa-1990	29	18	price	price	NOUN
ajfa-1990	29	19	manipulations	manipulation	NOUN
ajfa-1990	29	20	and	and	CCONJ
ajfa-1990	29	21	the	the	DET
ajfa-1990	29	22	general	general	ADJ
ajfa-1990	29	23	belief	belief	NOUN
ajfa-1990	29	24	that	that	SCONJ
ajfa-1990	29	25	possible	possible	ADJ
ajfa-1990	29	26	speculative	speculative	ADJ
ajfa-1990	29	27	trading	trading	NOUN
ajfa-1990	29	28	in	in	ADP
ajfa-1990	29	29	futures	future	NOUN
ajfa-1990	29	30	market	market	NOUN
ajfa-1990	29	31	may	may	AUX
ajfa-1990	29	32	have	have	AUX
ajfa-1990	29	33	destabilised	destabilise	VERB
ajfa-1990	29	34	spot	spot	NOUN
ajfa-1990	29	35	prices	price	NOUN
ajfa-1990	29	36	of	of	ADP
ajfa-1990	29	37	underlying	underlie	VERB
ajfa-1990	29	38	commodities	commodity	NOUN
ajfa-1990	29	39	.	.	PUNCT
ajfa-1990	30	1	proponents	proponent	NOUN
ajfa-1990	30	2	of	of	ADP
ajfa-1990	30	3	commodity	commodity	NOUN
ajfa-1990	30	4	futures	future	NOUN
ajfa-1990	30	5	derivative	derivative	ADJ
ajfa-1990	30	6	trading	trading	NOUN
ajfa-1990	30	7	assert	assert	VERB
ajfa-1990	30	8	that	that	SCONJ
ajfa-1990	30	9	these	these	DET
ajfa-1990	30	10	markets	market	NOUN
ajfa-1990	30	11	help	help	VERB
ajfa-1990	30	12	in	in	ADP
ajfa-1990	30	13	price	price	NOUN
ajfa-1990	30	14	discovery	discovery	NOUN
ajfa-1990	30	15	of	of	ADP
ajfa-1990	30	16	underlying	underlie	VERB
ajfa-1990	30	17	physical	physical	ADJ
ajfa-1990	30	18	commodities	commodity	NOUN
ajfa-1990	30	19	and	and	CCONJ
ajfa-1990	30	20	provide	provide	VERB
ajfa-1990	30	21	risk	risk	NOUN
ajfa-1990	30	22	management	management	NOUN
ajfa-1990	30	23	platforms	platform	NOUN
ajfa-1990	30	24	for	for	ADP
ajfa-1990	30	25	hedgers	hedger	NOUN
ajfa-1990	30	26	such	such	ADJ
ajfa-1990	30	27	as	as	ADP
ajfa-1990	30	28	farmers	farmer	NOUN
ajfa-1990	30	29	,	,	PUNCT
ajfa-1990	30	30	industrial	industrial	ADJ
ajfa-1990	30	31	units	unit	NOUN
ajfa-1990	30	32	,	,	PUNCT
ajfa-1990	30	33	exporters	exporter	NOUN
ajfa-1990	30	34	,	,	PUNCT
ajfa-1990	30	35	importers	importer	NOUN
ajfa-1990	30	36	,	,	PUNCT
ajfa-1990	30	37	etc	etc	X
ajfa-1990	30	38	.	.	X
ajfa-1990	30	39	,	,	PUNCT
ajfa-1990	30	40	who	who	PRON
ajfa-1990	30	41	have	have	VERB
ajfa-1990	30	42	price	price	NOUN
ajfa-1990	30	43	risk	risk	NOUN
ajfa-1990	30	44	exposures	exposure	NOUN
ajfa-1990	30	45	.	.	PUNCT
ajfa-1990	31	1	commodity	commodity	NOUN
ajfa-1990	31	2	futures	future	NOUN
ajfa-1990	31	3	trading	trading	NOUN
ajfa-1990	31	4	have	have	AUX
ajfa-1990	31	5	played	play	VERB
ajfa-1990	31	6	an	an	DET
ajfa-1990	31	7	important	important	ADJ
ajfa-1990	31	8	role	role	NOUN
ajfa-1990	31	9	in	in	ADP
ajfa-1990	31	10	economic	economic	ADJ
ajfa-1990	31	11	development	development	NOUN
ajfa-1990	31	12	because	because	SCONJ
ajfa-1990	31	13	asian	asian	ADJ
ajfa-1990	31	14	journal	journal	NOUN
ajfa-1990	31	15	of	of	ADP
ajfa-1990	31	16	finance	finance	PROPN
ajfa-1990	31	17	&	&	CCONJ
ajfa-1990	31	18	accounting	accounting	PROPN
ajfa-1990	31	19	issn	issn	PROPN
ajfa-1990	31	20	1946	1946	NUM
ajfa-1990	31	21	-	-	PUNCT
ajfa-1990	31	22	052x	052x	NOUN
ajfa-1990	31	23	2012	2012	NUM
ajfa-1990	31	24	,	,	PUNCT
ajfa-1990	31	25	vol	vol	NOUN
ajfa-1990	31	26	.	.	PROPN
ajfa-1990	31	27	4	4	NUM
ajfa-1990	31	28	,	,	PUNCT
ajfa-1990	31	29	no	no	INTJ
ajfa-1990	31	30	.	.	NOUN
ajfa-1990	31	31	2	2	NUM
ajfa-1990	31	32	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-1990	31	33	202	202	NUM
ajfa-1990	31	34	of	of	ADP
ajfa-1990	31	35	its	its	PRON
ajfa-1990	31	36	eco	eco	NOUN
ajfa-1990	31	37	-	-	PUNCT
ajfa-1990	31	38	system	system	NOUN
ajfa-1990	31	39	linkages	linkage	NOUN
ajfa-1990	31	40	and	and	CCONJ
ajfa-1990	31	41	role	role	NOUN
ajfa-1990	31	42	in	in	ADP
ajfa-1990	31	43	employment	employment	NOUN
ajfa-1990	31	44	generation	generation	NOUN
ajfa-1990	31	45	.	.	PUNCT
ajfa-1990	32	1	these	these	DET
ajfa-1990	32	2	trading	trading	NOUN
ajfa-1990	32	3	platforms	platform	NOUN
ajfa-1990	32	4	have	have	AUX
ajfa-1990	32	5	also	also	ADV
ajfa-1990	32	6	helped	help	VERB
ajfa-1990	32	7	in	in	ADP
ajfa-1990	32	8	integrating	integrate	VERB
ajfa-1990	32	9	indian	indian	ADJ
ajfa-1990	32	10	markets	market	NOUN
ajfa-1990	32	11	with	with	ADP
ajfa-1990	32	12	the	the	DET
ajfa-1990	32	13	world	world	NOUN
ajfa-1990	32	14	markets	market	NOUN
ajfa-1990	32	15	,	,	PUNCT
ajfa-1990	32	16	thus	thus	ADV
ajfa-1990	32	17	,	,	PUNCT
ajfa-1990	32	18	reducing	reduce	VERB
ajfa-1990	32	19	any	any	DET
ajfa-1990	32	20	price	price	NOUN
ajfa-1990	32	21	distortions	distortion	NOUN
ajfa-1990	32	22	.	.	PUNCT
ajfa-1990	33	1	since	since	SCONJ
ajfa-1990	33	2	india	india	PROPN
ajfa-1990	33	3	is	be	AUX
ajfa-1990	33	4	one	one	NUM
ajfa-1990	33	5	of	of	ADP
ajfa-1990	33	6	the	the	DET
ajfa-1990	33	7	largest	large	ADJ
ajfa-1990	33	8	consumer	consumer	NOUN
ajfa-1990	33	9	as	as	ADV
ajfa-1990	33	10	well	well	ADV
ajfa-1990	33	11	as	as	ADP
ajfa-1990	33	12	producer	producer	NOUN
ajfa-1990	33	13	of	of	ADP
ajfa-1990	33	14	many	many	ADJ
ajfa-1990	33	15	agri	agri	NOUN
ajfa-1990	33	16	commodities	commodity	NOUN
ajfa-1990	33	17	,	,	PUNCT
ajfa-1990	33	18	time	time	NOUN
ajfa-1990	33	19	is	be	AUX
ajfa-1990	33	20	ripe	ripe	ADJ
ajfa-1990	33	21	for	for	SCONJ
ajfa-1990	33	22	india	india	PROPN
ajfa-1990	33	23	to	to	PART
ajfa-1990	33	24	take	take	VERB
ajfa-1990	33	25	a	a	DET
ajfa-1990	33	26	price	price	NOUN
ajfa-1990	33	27	leadership	leadership	NOUN
ajfa-1990	33	28	role	role	NOUN
ajfa-1990	33	29	at	at	ADP
ajfa-1990	33	30	international	international	ADJ
ajfa-1990	33	31	level	level	NOUN
ajfa-1990	33	32	.	.	PUNCT
ajfa-1990	34	1	however	however	ADV
ajfa-1990	34	2	,	,	PUNCT
ajfa-1990	34	3	some	some	DET
ajfa-1990	34	4	concerns	concern	NOUN
ajfa-1990	34	5	have	have	AUX
ajfa-1990	34	6	been	be	AUX
ajfa-1990	34	7	raised	raise	VERB
ajfa-1990	34	8	,	,	PUNCT
ajfa-1990	34	9	off	off	ADV
ajfa-1990	34	10	and	and	CCONJ
ajfa-1990	34	11	on	on	ADV
ajfa-1990	34	12	,	,	PUNCT
ajfa-1990	34	13	about	about	ADP
ajfa-1990	34	14	the	the	DET
ajfa-1990	34	15	possible	possible	ADJ
ajfa-1990	34	16	insider	insider	NOUN
ajfa-1990	34	17	-	-	PUNCT
ajfa-1990	34	18	trading	trading	NOUN
ajfa-1990	34	19	and	and	CCONJ
ajfa-1990	34	20	price	price	NOUN
ajfa-1990	34	21	rigging	rigging	NOUN
ajfa-1990	34	22	,	,	PUNCT
ajfa-1990	34	23	especially	especially	ADV
ajfa-1990	34	24	in	in	ADP
ajfa-1990	34	25	futures	future	NOUN
ajfa-1990	34	26	trading	trading	NOUN
ajfa-1990	34	27	of	of	ADP
ajfa-1990	34	28	agri	agri	NOUN
ajfa-1990	34	29	-	-	PUNCT
ajfa-1990	34	30	commodities	commodity	NOUN
ajfa-1990	34	31	.	.	PUNCT
ajfa-1990	35	1	they	they	PRON
ajfa-1990	35	2	believe	believe	VERB
ajfa-1990	35	3	that	that	SCONJ
ajfa-1990	35	4	these	these	DET
ajfa-1990	35	5	insider	insider	NOUN
ajfa-1990	35	6	traders	trader	NOUN
ajfa-1990	35	7	might	might	AUX
ajfa-1990	35	8	have	have	AUX
ajfa-1990	35	9	worked	work	VERB
ajfa-1990	35	10	as	as	ADP
ajfa-1990	35	11	cartels	cartel	NOUN
ajfa-1990	35	12	to	to	PART
ajfa-1990	35	13	unduly	unduly	ADV
ajfa-1990	35	14	influence	influence	VERB
ajfa-1990	35	15	the	the	DET
ajfa-1990	35	16	prices	price	NOUN
ajfa-1990	35	17	and	and	CCONJ
ajfa-1990	35	18	make	make	VERB
ajfa-1990	35	19	huge	huge	ADJ
ajfa-1990	35	20	profits	profit	NOUN
ajfa-1990	35	21	in	in	ADP
ajfa-1990	35	22	the	the	DET
ajfa-1990	35	23	process	process	NOUN
ajfa-1990	35	24	.	.	PUNCT
ajfa-1990	36	1	thus	thus	ADV
ajfa-1990	36	2	,	,	PUNCT
ajfa-1990	36	3	it	it	PRON
ajfa-1990	36	4	is	be	AUX
ajfa-1990	36	5	important	important	ADJ
ajfa-1990	36	6	to	to	PART
ajfa-1990	36	7	empirically	empirically	ADV
ajfa-1990	36	8	examine	examine	VERB
ajfa-1990	36	9	the	the	DET
ajfa-1990	36	10	price	price	NOUN
ajfa-1990	36	11	and	and	CCONJ
ajfa-1990	36	12	trading	trading	NOUN
ajfa-1990	36	13	behaviour	behaviour	NOUN
ajfa-1990	36	14	of	of	ADP
ajfa-1990	36	15	agri	agri	NOUN
ajfa-1990	36	16	-	-	PUNCT
ajfa-1990	36	17	commodities	commodity	NOUN
ajfa-1990	36	18	in	in	ADP
ajfa-1990	36	19	order	order	NOUN
ajfa-1990	36	20	to	to	PART
ajfa-1990	36	21	suggest	suggest	VERB
ajfa-1990	36	22	measures	measure	NOUN
ajfa-1990	36	23	for	for	ADP
ajfa-1990	36	24	strengthening	strengthen	VERB
ajfa-1990	36	25	these	these	DET
ajfa-1990	36	26	markets	market	NOUN
ajfa-1990	36	27	.	.	PUNCT
ajfa-1990	37	1	we	we	PRON
ajfa-1990	37	2	specially	specially	ADV
ajfa-1990	37	3	focus	focus	VERB
ajfa-1990	37	4	on	on	ADP
ajfa-1990	37	5	seven	seven	NUM
ajfa-1990	37	6	commodities	commodity	NOUN
ajfa-1990	37	7	,	,	PUNCT
ajfa-1990	37	8	i.e.	i.e.	X
ajfa-1990	37	9	,	,	PUNCT
ajfa-1990	37	10	guar	guar	ADJ
ajfa-1990	37	11	seeds	seed	NOUN
ajfa-1990	37	12	,	,	PUNCT
ajfa-1990	37	13	turmeric	turmeric	NOUN
ajfa-1990	37	14	,	,	PUNCT
ajfa-1990	37	15	soya	soya	NOUN
ajfa-1990	37	16	bean	bean	NOUN
ajfa-1990	37	17	black	black	ADJ
ajfa-1990	37	18	pepper	pepper	NOUN
ajfa-1990	37	19	,	,	PUNCT
ajfa-1990	37	20	barley	barley	NOUN
ajfa-1990	37	21	,	,	PUNCT
ajfa-1990	37	22	maize	maize	NOUN
ajfa-1990	37	23	and	and	CCONJ
ajfa-1990	37	24	castor	castor	NOUN
ajfa-1990	37	25	seeds	seed	NOUN
ajfa-1990	37	26	.	.	PUNCT
ajfa-1990	38	1	the	the	DET
ajfa-1990	38	2	objective	objective	NOUN
ajfa-1990	38	3	of	of	ADP
ajfa-1990	38	4	the	the	DET
ajfa-1990	38	5	study	study	NOUN
ajfa-1990	38	6	is	be	AUX
ajfa-1990	38	7	to	to	PART
ajfa-1990	38	8	examine	examine	VERB
ajfa-1990	38	9	the	the	DET
ajfa-1990	38	10	stabilizing	stabilizing	NOUN
ajfa-1990	38	11	/	/	SYM
ajfa-1990	38	12	de	de	ADJ
ajfa-1990	38	13	-	-	ADJ
ajfa-1990	38	14	stabilizing	stabilizing	ADJ
ajfa-1990	38	15	effect	effect	NOUN
ajfa-1990	38	16	of	of	ADP
ajfa-1990	38	17	derivatives	derivative	NOUN
ajfa-1990	38	18	market	market	NOUN
ajfa-1990	38	19	on	on	ADP
ajfa-1990	38	20	spot	spot	NOUN
ajfa-1990	38	21	market	market	NOUN
ajfa-1990	38	22	for	for	ADP
ajfa-1990	38	23	seven	seven	NUM
ajfa-1990	38	24	agricultural	agricultural	ADJ
ajfa-1990	38	25	commodities	commodity	NOUN
ajfa-1990	38	26	mentioned	mention	VERB
ajfa-1990	38	27	above	above	ADV
ajfa-1990	38	28	.	.	PUNCT
ajfa-1990	39	1	as	as	ADV
ajfa-1990	39	2	far	far	ADV
ajfa-1990	39	3	as	as	SCONJ
ajfa-1990	39	4	empirical	empirical	ADJ
ajfa-1990	39	5	research	research	NOUN
ajfa-1990	39	6	is	be	AUX
ajfa-1990	39	7	concerned	concern	VERB
ajfa-1990	39	8	,	,	PUNCT
ajfa-1990	39	9	evidence	evidence	NOUN
ajfa-1990	39	10	on	on	ADP
ajfa-1990	39	11	stabilizing	stabilizing	NOUN
ajfa-1990	39	12	/	/	SYM
ajfa-1990	39	13	de	de	ADJ
ajfa-1990	39	14	-	-	ADJ
ajfa-1990	39	15	stabilizing	stabilizing	ADJ
ajfa-1990	39	16	effect	effect	NOUN
ajfa-1990	39	17	of	of	ADP
ajfa-1990	39	18	derivatives	derivative	NOUN
ajfa-1990	39	19	market	market	NOUN
ajfa-1990	39	20	on	on	ADP
ajfa-1990	39	21	spot	spot	NOUN
ajfa-1990	39	22	market	market	NOUN
ajfa-1990	39	23	is	be	AUX
ajfa-1990	39	24	far	far	ADV
ajfa-1990	39	25	from	from	ADP
ajfa-1990	39	26	conclusive	conclusive	ADJ
ajfa-1990	39	27	.	.	PUNCT
ajfa-1990	40	1	it	it	PRON
ajfa-1990	40	2	is	be	AUX
ajfa-1990	40	3	interesting	interesting	ADJ
ajfa-1990	40	4	to	to	PART
ajfa-1990	40	5	investigate	investigate	VERB
ajfa-1990	40	6	the	the	DET
ajfa-1990	40	7	issues	issue	NOUN
ajfa-1990	40	8	empirically	empirically	ADV
ajfa-1990	40	9	in	in	ADP
ajfa-1990	40	10	emerging	emerge	VERB
ajfa-1990	40	11	markets	market	NOUN
ajfa-1990	40	12	like	like	ADP
ajfa-1990	40	13	indian	indian	ADJ
ajfa-1990	40	14	commodity	commodity	NOUN
ajfa-1990	40	15	futures	future	NOUN
ajfa-1990	40	16	markets	market	NOUN
ajfa-1990	40	17	.	.	PUNCT
ajfa-1990	41	1	besides	besides	SCONJ
ajfa-1990	41	2	being	be	AUX
ajfa-1990	41	3	of	of	ADP
ajfa-1990	41	4	interest	interest	NOUN
ajfa-1990	41	5	to	to	ADP
ajfa-1990	41	6	the	the	DET
ajfa-1990	41	7	participants	participant	NOUN
ajfa-1990	41	8	,	,	PUNCT
ajfa-1990	41	9	it	it	PRON
ajfa-1990	41	10	is	be	AUX
ajfa-1990	41	11	likely	likely	ADJ
ajfa-1990	41	12	to	to	PART
ajfa-1990	41	13	be	be	AUX
ajfa-1990	41	14	useful	useful	ADJ
ajfa-1990	41	15	in	in	ADP
ajfa-1990	41	16	addressing	address	VERB
ajfa-1990	41	17	the	the	DET
ajfa-1990	41	18	concerns	concern	NOUN
ajfa-1990	41	19	of	of	ADP
ajfa-1990	41	20	policy	policy	NOUN
ajfa-1990	41	21	makers	maker	NOUN
ajfa-1990	41	22	in	in	ADP
ajfa-1990	41	23	india	india	PROPN
ajfa-1990	41	24	on	on	ADP
ajfa-1990	41	25	alleged	allege	VERB
ajfa-1990	41	26	destabilizing	destabilizing	ADJ
ajfa-1990	41	27	effect	effect	NOUN
ajfa-1990	41	28	of	of	ADP
ajfa-1990	41	29	futures	future	NOUN
ajfa-1990	41	30	markets	market	NOUN
ajfa-1990	41	31	on	on	ADP
ajfa-1990	41	32	spot	spot	NOUN
ajfa-1990	41	33	prices	price	NOUN
ajfa-1990	41	34	.	.	PUNCT
ajfa-1990	42	1	emerging	emerge	VERB
ajfa-1990	42	2	futures	future	NOUN
ajfa-1990	42	3	markets	market	NOUN
ajfa-1990	42	4	typically	typically	ADV
ajfa-1990	42	5	have	have	VERB
ajfa-1990	42	6	different	different	ADJ
ajfa-1990	42	7	characteristics	characteristic	NOUN
ajfa-1990	42	8	.	.	PUNCT
ajfa-1990	43	1	according	accord	VERB
ajfa-1990	43	2	to	to	ADP
ajfa-1990	43	3	bakaert	bakaert	PROPN
ajfa-1990	43	4	and	and	CCONJ
ajfa-1990	43	5	harvey	harvey	PROPN
ajfa-1990	43	6	(	(	PUNCT
ajfa-1990	43	7	1997	1997	NUM
ajfa-1990	43	8	)	)	PUNCT
ajfa-1990	43	9	and	and	CCONJ
ajfa-1990	43	10	antoniou	antoniou	NOUN
ajfa-1990	43	11	and	and	CCONJ
ajfa-1990	43	12	ergul	ergul	NOUN
ajfa-1990	43	13	(	(	PUNCT
ajfa-1990	43	14	1997	1997	NUM
ajfa-1990	43	15	)	)	PUNCT
ajfa-1990	43	16	,	,	PUNCT
ajfa-1990	43	17	emerging	emerge	VERB
ajfa-1990	43	18	futures	future	NOUN
ajfa-1990	43	19	market	market	NOUN
ajfa-1990	43	20	are	be	AUX
ajfa-1990	43	21	characterized	characterize	VERB
ajfa-1990	43	22	by	by	ADP
ajfa-1990	43	23	low	low	ADJ
ajfa-1990	43	24	liquidity	liquidity	NOUN
ajfa-1990	43	25	,	,	PUNCT
ajfa-1990	43	26	thin	thin	ADJ
ajfa-1990	43	27	trading	trading	NOUN
ajfa-1990	43	28	,	,	PUNCT
ajfa-1990	43	29	and	and	CCONJ
ajfa-1990	43	30	consequentially	consequentially	ADV
ajfa-1990	43	31	returns	return	NOUN
ajfa-1990	43	32	exhibit	exhibit	VERB
ajfa-1990	43	33	higher	high	ADJ
ajfa-1990	43	34	sample	sample	NOUN
ajfa-1990	43	35	averages	average	NOUN
ajfa-1990	43	36	,	,	PUNCT
ajfa-1990	43	37	low	low	ADJ
ajfa-1990	43	38	correlations	correlation	NOUN
ajfa-1990	43	39	with	with	ADP
ajfa-1990	43	40	developed	develop	VERB
ajfa-1990	43	41	market	market	NOUN
ajfa-1990	43	42	returns	return	NOUN
ajfa-1990	43	43	,	,	PUNCT
ajfa-1990	43	44	non	non	ADJ
ajfa-1990	43	45	-	-	ADJ
ajfa-1990	43	46	normality	normality	ADJ
ajfa-1990	43	47	,	,	PUNCT
ajfa-1990	43	48	better	well	ADJ
ajfa-1990	43	49	predictability	predictability	NOUN
ajfa-1990	43	50	,	,	PUNCT
ajfa-1990	43	51	higher	high	ADJ
ajfa-1990	43	52	volatility	volatility	NOUN
ajfa-1990	43	53	,	,	PUNCT
ajfa-1990	43	54	and	and	CCONJ
ajfa-1990	43	55	offer	offer	VERB
ajfa-1990	43	56	smaller	small	ADJ
ajfa-1990	43	57	samples	sample	NOUN
ajfa-1990	43	58	for	for	ADP
ajfa-1990	43	59	empirical	empirical	ADJ
ajfa-1990	43	60	research	research	NOUN
ajfa-1990	43	61	.	.	PUNCT
ajfa-1990	44	1	it	it	PRON
ajfa-1990	44	2	is	be	AUX
ajfa-1990	44	3	usually	usually	ADV
ajfa-1990	44	4	assumed	assume	VERB
ajfa-1990	44	5	that	that	SCONJ
ajfa-1990	44	6	the	the	DET
ajfa-1990	44	7	emerging	emerge	VERB
ajfa-1990	44	8	market	market	NOUN
ajfa-1990	44	9	exhibit	exhibit	VERB
ajfa-1990	44	10	higher	high	ADJ
ajfa-1990	44	11	price	price	NOUN
ajfa-1990	44	12	variability	variability	NOUN
ajfa-1990	44	13	and	and	CCONJ
ajfa-1990	44	14	poor	poor	ADJ
ajfa-1990	44	15	information	information	NOUN
ajfa-1990	44	16	processing	processing	NOUN
ajfa-1990	44	17	(	(	PUNCT
ajfa-1990	44	18	tomek	tomek	PROPN
ajfa-1990	44	19	,	,	PUNCT
ajfa-1990	44	20	1980	1980	NUM
ajfa-1990	44	21	;	;	PUNCT
ajfa-1990	44	22	carter	carter	NOUN
ajfa-1990	44	23	,	,	PUNCT
ajfa-1990	44	24	1989	1989	NUM
ajfa-1990	44	25	)	)	PUNCT
ajfa-1990	44	26	.	.	PUNCT
ajfa-1990	45	1	poor	poor	ADJ
ajfa-1990	45	2	flow	flow	NOUN
ajfa-1990	45	3	of	of	ADP
ajfa-1990	45	4	information	information	NOUN
ajfa-1990	45	5	and	and	CCONJ
ajfa-1990	45	6	higher	high	ADJ
ajfa-1990	45	7	volatility	volatility	NOUN
ajfa-1990	45	8	may	may	AUX
ajfa-1990	45	9	affect	affect	VERB
ajfa-1990	45	10	the	the	DET
ajfa-1990	45	11	spot	spot	NOUN
ajfa-1990	45	12	prices	price	NOUN
ajfa-1990	45	13	.	.	PUNCT
ajfa-1990	46	1	in	in	ADP
ajfa-1990	46	2	this	this	DET
ajfa-1990	46	3	paper	paper	NOUN
ajfa-1990	46	4	,	,	PUNCT
ajfa-1990	46	5	we	we	PRON
ajfa-1990	46	6	empirically	empirically	ADV
ajfa-1990	46	7	investigate	investigate	VERB
ajfa-1990	46	8	the	the	DET
ajfa-1990	46	9	effect	effect	NOUN
ajfa-1990	46	10	of	of	ADP
ajfa-1990	46	11	futures	future	NOUN
ajfa-1990	46	12	trading	trading	NOUN
ajfa-1990	46	13	activity	activity	NOUN
ajfa-1990	46	14	on	on	ADP
ajfa-1990	46	15	spot	spot	NOUN
ajfa-1990	46	16	markets	market	NOUN
ajfa-1990	46	17	.	.	PUNCT
ajfa-1990	47	1	the	the	DET
ajfa-1990	47	2	paper	paper	NOUN
ajfa-1990	47	3	is	be	AUX
ajfa-1990	47	4	organized	organize	VERB
ajfa-1990	47	5	as	as	SCONJ
ajfa-1990	47	6	follows	follow	VERB
ajfa-1990	47	7	.	.	PUNCT
ajfa-1990	48	1	section	section	NOUN
ajfa-1990	48	2	2	2	NUM
ajfa-1990	48	3	presents	present	VERB
ajfa-1990	48	4	the	the	DET
ajfa-1990	48	5	data	datum	NOUN
ajfa-1990	48	6	and	and	CCONJ
ajfa-1990	48	7	basic	basic	ADJ
ajfa-1990	48	8	characteristics	characteristic	NOUN
ajfa-1990	48	9	of	of	ADP
ajfa-1990	48	10	spot	spot	NOUN
ajfa-1990	48	11	returns	return	NOUN
ajfa-1990	48	12	and	and	CCONJ
ajfa-1990	48	13	futures	future	NOUN
ajfa-1990	48	14	trading	trading	NOUN
ajfa-1990	48	15	activity	activity	NOUN
ajfa-1990	48	16	.	.	PUNCT
ajfa-1990	49	1	in	in	ADP
ajfa-1990	49	2	section	section	NOUN
ajfa-1990	49	3	3,describes	3,describes	NUM
ajfa-1990	49	4	the	the	DET
ajfa-1990	49	5	models	model	NOUN
ajfa-1990	49	6	used	use	VERB
ajfa-1990	49	7	in	in	ADP
ajfa-1990	49	8	the	the	DET
ajfa-1990	49	9	study	study	NOUN
ajfa-1990	49	10	and	and	CCONJ
ajfa-1990	49	11	the	the	DET
ajfa-1990	49	12	results	result	NOUN
ajfa-1990	49	13	are	be	AUX
ajfa-1990	49	14	presented	present	VERB
ajfa-1990	49	15	in	in	ADP
ajfa-1990	49	16	section	section	NOUN
ajfa-1990	49	17	4	4	NUM
ajfa-1990	49	18	and	and	CCONJ
ajfa-1990	49	19	section	section	NOUN
ajfa-1990	49	20	5	5	NUM
ajfa-1990	49	21	concludes	conclude	VERB
ajfa-1990	49	22	and	and	CCONJ
ajfa-1990	49	23	references	reference	NOUN
ajfa-1990	49	24	are	be	AUX
ajfa-1990	49	25	contained	contain	VERB
ajfa-1990	49	26	in	in	ADP
ajfa-1990	49	27	the	the	DET
ajfa-1990	49	28	last	last	ADJ
ajfa-1990	49	29	section	section	NOUN
ajfa-1990	49	30	.	.	PUNCT
ajfa-1990	50	1	2	2	X
ajfa-1990	50	2	.	.	X
ajfa-1990	50	3	review	review	NOUN
ajfa-1990	50	4	of	of	ADP
ajfa-1990	50	5	literature	literature	NOUN
ajfa-1990	50	6	the	the	DET
ajfa-1990	50	7	stabilization	stabilization	NOUN
ajfa-1990	50	8	issue	issue	NOUN
ajfa-1990	50	9	involves	involve	VERB
ajfa-1990	50	10	the	the	DET
ajfa-1990	50	11	study	study	NOUN
ajfa-1990	50	12	of	of	ADP
ajfa-1990	50	13	the	the	DET
ajfa-1990	50	14	spot	spot	NOUN
ajfa-1990	50	15	price	price	NOUN
ajfa-1990	50	16	volatility	volatility	NOUN
ajfa-1990	50	17	behaviour	behaviour	NOUN
ajfa-1990	50	18	.	.	PUNCT
ajfa-1990	51	1	if	if	SCONJ
ajfa-1990	51	2	derivative	derivative	ADJ
ajfa-1990	51	3	trading	trading	NOUN
ajfa-1990	51	4	does	do	AUX
ajfa-1990	51	5	improve	improve	VERB
ajfa-1990	51	6	the	the	DET
ajfa-1990	51	7	information	information	NOUN
ajfa-1990	51	8	transmission	transmission	NOUN
ajfa-1990	51	9	efficiency	efficiency	NOUN
ajfa-1990	51	10	,	,	PUNCT
ajfa-1990	51	11	the	the	DET
ajfa-1990	51	12	volatility	volatility	NOUN
ajfa-1990	51	13	clustering	cluster	VERB
ajfa-1990	51	14	behaviour	behaviour	NOUN
ajfa-1990	51	15	in	in	ADP
ajfa-1990	51	16	spot	spot	NOUN
ajfa-1990	51	17	price	price	NOUN
ajfa-1990	51	18	volatility	volatility	NOUN
ajfa-1990	51	19	will	will	AUX
ajfa-1990	51	20	be	be	AUX
ajfa-1990	51	21	narrowed	narrow	VERB
ajfa-1990	51	22	.	.	PUNCT
ajfa-1990	52	1	the	the	DET
ajfa-1990	52	2	speculative	speculative	ADJ
ajfa-1990	52	3	forces	force	NOUN
ajfa-1990	52	4	attracted	attract	VERB
ajfa-1990	52	5	by	by	ADP
ajfa-1990	52	6	the	the	DET
ajfa-1990	52	7	lower	low	ADJ
ajfa-1990	52	8	transaction	transaction	NOUN
ajfa-1990	52	9	cost	cost	NOUN
ajfa-1990	52	10	feature	feature	NOUN
ajfa-1990	52	11	in	in	ADP
ajfa-1990	52	12	derivatives	derivative	NOUN
ajfa-1990	52	13	may	may	AUX
ajfa-1990	52	14	intense	intense	ADJ
ajfa-1990	52	15	spot	spot	NOUN
ajfa-1990	52	16	price	price	NOUN
ajfa-1990	52	17	volatility	volatility	NOUN
ajfa-1990	52	18	and	and	CCONJ
ajfa-1990	52	19	increase	increase	VERB
ajfa-1990	52	20	information	information	NOUN
ajfa-1990	52	21	transmission	transmission	NOUN
ajfa-1990	52	22	from	from	ADP
ajfa-1990	52	23	derivatives	derivative	NOUN
ajfa-1990	52	24	to	to	ADP
ajfa-1990	52	25	spot	spot	NOUN
ajfa-1990	52	26	markets	market	NOUN
ajfa-1990	52	27	.	.	PUNCT
ajfa-1990	53	1	therefore	therefore	ADV
ajfa-1990	53	2	it	it	PRON
ajfa-1990	53	3	may	may	AUX
ajfa-1990	53	4	be	be	AUX
ajfa-1990	53	5	reported	report	VERB
ajfa-1990	53	6	that	that	SCONJ
ajfa-1990	53	7	the	the	DET
ajfa-1990	53	8	introduction	introduction	NOUN
ajfa-1990	53	9	of	of	ADP
ajfa-1990	53	10	derivatives	derivative	NOUN
ajfa-1990	53	11	trading	trading	NOUN
ajfa-1990	53	12	significantly	significantly	ADV
ajfa-1990	53	13	affects	affect	VERB
ajfa-1990	53	14	the	the	DET
ajfa-1990	53	15	volatility	volatility	NOUN
ajfa-1990	53	16	of	of	ADP
ajfa-1990	53	17	the	the	DET
ajfa-1990	53	18	underlying	underlie	VERB
ajfa-1990	53	19	spot	spot	NOUN
ajfa-1990	53	20	market	market	NOUN
ajfa-1990	53	21	.	.	PUNCT
ajfa-1990	54	1	this	this	PRON
ajfa-1990	54	2	has	have	AUX
ajfa-1990	54	3	been	be	AUX
ajfa-1990	54	4	a	a	DET
ajfa-1990	54	5	major	major	ADJ
ajfa-1990	54	6	source	source	NOUN
ajfa-1990	54	7	of	of	ADP
ajfa-1990	54	8	concern	concern	NOUN
ajfa-1990	54	9	for	for	ADP
ajfa-1990	54	10	both	both	DET
ajfa-1990	54	11	fund	fund	NOUN
ajfa-1990	54	12	managers	manager	NOUN
ajfa-1990	54	13	and	and	CCONJ
ajfa-1990	54	14	regulators	regulator	NOUN
ajfa-1990	54	15	.	.	PUNCT
ajfa-1990	55	1	as	as	ADP
ajfa-1990	55	2	a	a	DET
ajfa-1990	55	3	corollary	corollary	NOUN
ajfa-1990	55	4	,	,	PUNCT
ajfa-1990	55	5	the	the	DET
ajfa-1990	55	6	impact	impact	NOUN
ajfa-1990	55	7	of	of	ADP
ajfa-1990	55	8	derivatives	derivative	NOUN
ajfa-1990	55	9	trading	trading	NOUN
ajfa-1990	55	10	on	on	ADP
ajfa-1990	55	11	the	the	DET
ajfa-1990	55	12	volatility	volatility	NOUN
ajfa-1990	55	13	of	of	ADP
ajfa-1990	55	14	the	the	DET
ajfa-1990	55	15	underlying	underlie	VERB
ajfa-1990	55	16	spot	spot	NOUN
ajfa-1990	55	17	market	market	NOUN
ajfa-1990	55	18	is	be	AUX
ajfa-1990	55	19	intensely	intensely	ADV
ajfa-1990	55	20	debated	debate	VERB
ajfa-1990	55	21	.	.	PUNCT
ajfa-1990	56	1	there	there	PRON
ajfa-1990	56	2	are	be	VERB
ajfa-1990	56	3	diverse	diverse	ADJ
ajfa-1990	56	4	viewpoints	viewpoint	NOUN
ajfa-1990	56	5	relating	relate	VERB
ajfa-1990	56	6	to	to	ADP
ajfa-1990	56	7	stabilisation	stabilisation	NOUN
ajfa-1990	56	8	and	and	CCONJ
ajfa-1990	56	9	destabilisation	destabilisation	NOUN
ajfa-1990	56	10	in	in	ADP
ajfa-1990	56	11	spot	spot	NOUN
ajfa-1990	56	12	market	market	NOUN
ajfa-1990	56	13	prices	price	NOUN
ajfa-1990	56	14	because	because	SCONJ
ajfa-1990	56	15	of	of	ADP
ajfa-1990	56	16	derivative	derivative	ADJ
ajfa-1990	56	17	trading	trading	NOUN
ajfa-1990	56	18	.	.	PUNCT
ajfa-1990	57	1	asian	asian	ADJ
ajfa-1990	57	2	journal	journal	PROPN
ajfa-1990	57	3	of	of	ADP
ajfa-1990	57	4	finance	finance	PROPN
ajfa-1990	57	5	&	&	CCONJ
ajfa-1990	57	6	accounting	accounting	PROPN
ajfa-1990	57	7	issn	issn	PROPN
ajfa-1990	57	8	1946	1946	NUM
ajfa-1990	57	9	-	-	PUNCT
ajfa-1990	57	10	052x	052x	NOUN
ajfa-1990	57	11	2012	2012	NUM
ajfa-1990	57	12	,	,	PUNCT
ajfa-1990	57	13	vol	vol	NOUN
ajfa-1990	57	14	.	.	PROPN
ajfa-1990	57	15	4	4	NUM
ajfa-1990	57	16	,	,	PUNCT
ajfa-1990	57	17	no	no	INTJ
ajfa-1990	57	18	.	.	NOUN
ajfa-1990	57	19	2	2	NUM
ajfa-1990	57	20	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-1990	57	21	203	203	NUM
ajfa-1990	57	22	there	there	PRON
ajfa-1990	57	23	are	be	VERB
ajfa-1990	57	24	many	many	ADJ
ajfa-1990	57	25	studies	study	NOUN
ajfa-1990	57	26	which	which	PRON
ajfa-1990	57	27	talk	talk	VERB
ajfa-1990	57	28	about	about	ADP
ajfa-1990	57	29	this	this	PRON
ajfa-1990	57	30	that	that	SCONJ
ajfa-1990	57	31	futures	future	NOUN
ajfa-1990	57	32	trading	trading	NOUN
ajfa-1990	57	33	may	may	AUX
ajfa-1990	57	34	de	de	VERB
ajfa-1990	57	35	-	-	VERB
ajfa-1990	57	36	stabilize	stabilize	VERB
ajfa-1990	57	37	the	the	DET
ajfa-1990	57	38	spot	spot	NOUN
ajfa-1990	57	39	market	market	NOUN
ajfa-1990	57	40	by	by	ADP
ajfa-1990	57	41	making	make	VERB
ajfa-1990	57	42	them	they	PRON
ajfa-1990	57	43	more	more	ADV
ajfa-1990	57	44	volatile	volatile	ADJ
ajfa-1990	57	45	(	(	PUNCT
ajfa-1990	57	46	cox	cox	PROPN
ajfa-1990	57	47	,	,	PUNCT
ajfa-1990	57	48	1979	1979	NUM
ajfa-1990	57	49	;	;	PUNCT
ajfa-1990	57	50	figlewski	figlewski	NOUN
ajfa-1990	57	51	,	,	PUNCT
ajfa-1990	57	52	1981	1981	NUM
ajfa-1990	57	53	;	;	PUNCT
ajfa-1990	57	54	clifton	clifton	PROPN
ajfa-1990	57	55	;	;	PUNCT
ajfa-1990	57	56	1985	1985	NUM
ajfa-1990	57	57	;	;	PUNCT
ajfa-1990	57	58	grammatikos	grammatikos	NOUN
ajfa-1990	57	59	and	and	CCONJ
ajfa-1990	57	60	saunders	saunder	NOUN
ajfa-1990	57	61	,	,	PUNCT
ajfa-1990	57	62	1986	1986	NUM
ajfa-1990	57	63	;	;	PUNCT
ajfa-1990	57	64	mccarthy	mccarthy	PROPN
ajfa-1990	57	65	and	and	CCONJ
ajfa-1990	57	66	najand	najand	NOUN
ajfa-1990	57	67	,	,	PUNCT
ajfa-1990	57	68	1993	1993	NUM
ajfa-1990	57	69	;	;	PUNCT
ajfa-1990	57	70	chatrath	chatrath	NOUN
ajfa-1990	57	71	et	et	PROPN
ajfa-1990	57	72	al	al	PROPN
ajfa-1990	57	73	.	.	PROPN
ajfa-1990	57	74	,	,	PUNCT
ajfa-1990	58	1	1996).on	1996).on	NUM
ajfa-1990	58	2	the	the	DET
ajfa-1990	58	3	other	other	ADJ
ajfa-1990	58	4	hand	hand	NOUN
ajfa-1990	58	5	there	there	PRON
ajfa-1990	58	6	is	be	VERB
ajfa-1990	58	7	a	a	DET
ajfa-1990	58	8	divergent	divergent	ADJ
ajfa-1990	58	9	view	view	NOUN
ajfa-1990	58	10	on	on	ADP
ajfa-1990	58	11	this	this	PRON
ajfa-1990	58	12	stating	state	VERB
ajfa-1990	58	13	that	that	SCONJ
ajfa-1990	58	14	derivatives	derivative	NOUN
ajfa-1990	58	15	market	market	NOUN
ajfa-1990	58	16	stabilizes	stabilize	VERB
ajfa-1990	58	17	the	the	DET
ajfa-1990	58	18	spot	spot	NOUN
ajfa-1990	58	19	market	market	NOUN
ajfa-1990	58	20	(	(	PUNCT
ajfa-1990	58	21	danthine	danthine	NOUN
ajfa-1990	58	22	,	,	PUNCT
ajfa-1990	58	23	1978	1978	NUM
ajfa-1990	58	24	;	;	PUNCT
ajfa-1990	58	25	kyle	kyle	PROPN
ajfa-1990	58	26	's	's	PART
ajfa-1990	58	27	,	,	PUNCT
ajfa-1990	58	28	1985	1985	NUM
ajfa-1990	58	29	,	,	PUNCT
ajfa-1990	58	30	and	and	CCONJ
ajfa-1990	58	31	froot	froot	NOUN
ajfa-1990	58	32	and	and	CCONJ
ajfa-1990	58	33	perold	perold	NOUN
ajfa-1990	58	34	,	,	PUNCT
ajfa-1990	58	35	1991).morgan	1991).morgan	NUM
ajfa-1990	58	36	(	(	PUNCT
ajfa-1990	58	37	1999	1999	NUM
ajfa-1990	58	38	)	)	PUNCT
ajfa-1990	58	39	concluded	conclude	VERB
ajfa-1990	58	40	that	that	SCONJ
ajfa-1990	58	41	the	the	DET
ajfa-1990	58	42	level	level	NOUN
ajfa-1990	58	43	of	of	ADP
ajfa-1990	58	44	inventories	inventory	NOUN
ajfa-1990	58	45	held	hold	VERB
ajfa-1990	58	46	in	in	ADP
ajfa-1990	58	47	the	the	DET
ajfa-1990	58	48	spot	spot	NOUN
ajfa-1990	58	49	market	market	NOUN
ajfa-1990	58	50	will	will	AUX
ajfa-1990	58	51	be	be	AUX
ajfa-1990	58	52	determined	determine	VERB
ajfa-1990	58	53	by	by	ADP
ajfa-1990	58	54	the	the	DET
ajfa-1990	58	55	basis	basis	NOUN
ajfa-1990	58	56	and	and	CCONJ
ajfa-1990	58	57	will	will	AUX
ajfa-1990	58	58	ensure	ensure	VERB
ajfa-1990	58	59	a	a	DET
ajfa-1990	58	60	more	more	ADV
ajfa-1990	58	61	efficient	efficient	ADJ
ajfa-1990	58	62	process	process	NOUN
ajfa-1990	58	63	of	of	ADP
ajfa-1990	58	64	private	private	ADJ
ajfa-1990	58	65	storage	storage	NOUN
ajfa-1990	58	66	,	,	PUNCT
ajfa-1990	58	67	which	which	PRON
ajfa-1990	58	68	in	in	ADP
ajfa-1990	58	69	turn	turn	NOUN
ajfa-1990	58	70	,	,	PUNCT
ajfa-1990	58	71	ensures	ensure	VERB
ajfa-1990	58	72	a	a	DET
ajfa-1990	58	73	smoother	smooth	ADJ
ajfa-1990	58	74	pattern	pattern	NOUN
ajfa-1990	58	75	of	of	ADP
ajfa-1990	58	76	prices	price	NOUN
ajfa-1990	58	77	in	in	ADP
ajfa-1990	58	78	the	the	DET
ajfa-1990	58	79	spot	spot	NOUN
ajfa-1990	58	80	market	market	NOUN
ajfa-1990	58	81	hence	hence	ADV
ajfa-1990	58	82	stabilise	stabilise	VERB
ajfa-1990	58	83	the	the	DET
ajfa-1990	58	84	market	market	NOUN
ajfa-1990	58	85	.	.	PUNCT
ajfa-1990	59	1	the	the	DET
ajfa-1990	59	2	empirical	empirical	ADJ
ajfa-1990	59	3	findings	finding	NOUN
ajfa-1990	59	4	significantly	significantly	ADV
ajfa-1990	59	5	shows	show	VERB
ajfa-1990	59	6	that	that	SCONJ
ajfa-1990	59	7	comparative	comparative	ADJ
ajfa-1990	59	8	advantage	advantage	NOUN
ajfa-1990	59	9	of	of	ADP
ajfa-1990	59	10	futures	future	NOUN
ajfa-1990	59	11	market	market	NOUN
ajfa-1990	59	12	in	in	ADP
ajfa-1990	59	13	disseminating	disseminate	VERB
ajfa-1990	59	14	information	information	NOUN
ajfa-1990	59	15	,	,	PUNCT
ajfa-1990	59	16	leading	lead	VERB
ajfa-1990	59	17	to	to	ADP
ajfa-1990	59	18	a	a	DET
ajfa-1990	59	19	significant	significant	ADJ
ajfa-1990	59	20	price	price	NOUN
ajfa-1990	59	21	discovery	discovery	NOUN
ajfa-1990	59	22	and	and	CCONJ
ajfa-1990	59	23	risk	risk	NOUN
ajfa-1990	59	24	management	management	NOUN
ajfa-1990	59	25	,	,	PUNCT
ajfa-1990	59	26	that	that	PRON
ajfa-1990	59	27	can	can	AUX
ajfa-1990	59	28	again	again	ADV
ajfa-1990	59	29	help	help	VERB
ajfa-1990	59	30	to	to	PART
ajfa-1990	59	31	successfully	successfully	ADV
ajfa-1990	59	32	develop	develop	VERB
ajfa-1990	59	33	the	the	DET
ajfa-1990	59	34	underlying	underlie	VERB
ajfa-1990	59	35	commodity	commodity	NOUN
ajfa-1990	59	36	market	market	NOUN
ajfa-1990	59	37	in	in	ADP
ajfa-1990	59	38	india	india	PROPN
ajfa-1990	59	39	.	.	PUNCT
ajfa-1990	60	1	therefore	therefore	ADV
ajfa-1990	60	2	instead	instead	ADV
ajfa-1990	60	3	of	of	ADP
ajfa-1990	60	4	curbing	curb	VERB
ajfa-1990	60	5	the	the	DET
ajfa-1990	60	6	commodity	commodity	NOUN
ajfa-1990	60	7	futures	future	NOUN
ajfa-1990	60	8	market	market	NOUN
ajfa-1990	60	9	,	,	PUNCT
ajfa-1990	60	10	it	it	PRON
ajfa-1990	60	11	can	can	AUX
ajfa-1990	60	12	always	always	ADV
ajfa-1990	60	13	be	be	AUX
ajfa-1990	60	14	suggested	suggest	VERB
ajfa-1990	60	15	to	to	PART
ajfa-1990	60	16	strengthen	strengthen	VERB
ajfa-1990	60	17	the	the	DET
ajfa-1990	60	18	market	market	NOUN
ajfa-1990	60	19	structure	structure	NOUN
ajfa-1990	60	20	to	to	PART
ajfa-1990	60	21	achieve	achieve	VERB
ajfa-1990	60	22	the	the	DET
ajfa-1990	60	23	broader	broad	ADJ
ajfa-1990	60	24	target	target	NOUN
ajfa-1990	60	25	,	,	PUNCT
ajfa-1990	60	26	hence	hence	ADV
ajfa-1990	60	27	is	be	AUX
ajfa-1990	60	28	instrumental	instrumental	ADJ
ajfa-1990	60	29	in	in	ADP
ajfa-1990	60	30	improving	improve	VERB
ajfa-1990	60	31	market	market	NOUN
ajfa-1990	60	32	efficiency	efficiency	NOUN
ajfa-1990	60	33	by	by	ADP
ajfa-1990	60	34	capturing	capture	VERB
ajfa-1990	60	35	the	the	DET
ajfa-1990	60	36	expected	expect	VERB
ajfa-1990	60	37	demand	demand	NOUN
ajfa-1990	60	38	supply	supply	NOUN
ajfa-1990	60	39	shock	shock	NOUN
ajfa-1990	60	40	in	in	ADP
ajfa-1990	60	41	the	the	DET
ajfa-1990	60	42	spot	spot	NOUN
ajfa-1990	60	43	market	market	NOUN
ajfa-1990	60	44	through	through	ADP
ajfa-1990	60	45	hedging	hedging	NOUN
ajfa-1990	60	46	in	in	ADP
ajfa-1990	60	47	futures	future	NOUN
ajfa-1990	60	48	market	market	NOUN
ajfa-1990	60	49	.	.	PUNCT
ajfa-1990	61	1	this	this	DET
ajfa-1990	61	2	process	process	NOUN
ajfa-1990	61	3	will	will	AUX
ajfa-1990	61	4	help	help	VERB
ajfa-1990	61	5	in	in	ADP
ajfa-1990	61	6	stabilizing	stabilize	VERB
ajfa-1990	61	7	spot	spot	NOUN
ajfa-1990	61	8	market	market	NOUN
ajfa-1990	61	9	volatility	volatility	NOUN
ajfa-1990	61	10	.	.	PUNCT
ajfa-1990	62	1	the	the	DET
ajfa-1990	62	2	issue	issue	NOUN
ajfa-1990	62	3	of	of	ADP
ajfa-1990	62	4	stabilization	stabilization	NOUN
ajfa-1990	62	5	/destabilization	/destabilization	SYM
ajfa-1990	62	6	effect	effect	NOUN
ajfa-1990	62	7	of	of	ADP
ajfa-1990	62	8	futures	future	NOUN
ajfa-1990	62	9	trading	trading	NOUN
ajfa-1990	62	10	on	on	ADP
ajfa-1990	62	11	spot	spot	NOUN
ajfa-1990	62	12	market	market	NOUN
ajfa-1990	62	13	can	can	AUX
ajfa-1990	62	14	be	be	AUX
ajfa-1990	62	15	grouped	group	VERB
ajfa-1990	62	16	into	into	ADP
ajfa-1990	62	17	two	two	NUM
ajfa-1990	62	18	categories(1	categories(1	NOUN
ajfa-1990	62	19	)	)	PUNCT
ajfa-1990	62	20	examining	examine	VERB
ajfa-1990	62	21	the	the	DET
ajfa-1990	62	22	spot	spot	NOUN
ajfa-1990	62	23	volatility	volatility	NOUN
ajfa-1990	62	24	before	before	ADP
ajfa-1990	62	25	and	and	CCONJ
ajfa-1990	62	26	after	after	ADP
ajfa-1990	62	27	the	the	DET
ajfa-1990	62	28	introduction	introduction	NOUN
ajfa-1990	62	29	of	of	ADP
ajfa-1990	62	30	futures	future	NOUN
ajfa-1990	62	31	(	(	PUNCT
ajfa-1990	62	32	antoniou	antoniou	PROPN
ajfa-1990	62	33	et	et	PROPN
ajfa-1990	62	34	al	al	PROPN
ajfa-1990	62	35	,	,	PUNCT
ajfa-1990	62	36	1998	1998	NUM
ajfa-1990	62	37	;	;	PUNCT
ajfa-1990	62	38	lee	lee	PROPN
ajfa-1990	62	39	&	&	CCONJ
ajfa-1990	62	40	ohk	ohk	PROPN
ajfa-1990	62	41	,	,	PUNCT
ajfa-1990	62	42	1992	1992	NUM
ajfa-1990	62	43	)	)	PUNCT
ajfa-1990	62	44	,	,	PUNCT
ajfa-1990	62	45	(	(	PUNCT
ajfa-1990	62	46	b	b	X
ajfa-1990	62	47	)	)	PUNCT
ajfa-1990	62	48	probing	probe	VERB
ajfa-1990	62	49	the	the	DET
ajfa-1990	62	50	connections	connection	NOUN
ajfa-1990	62	51	between	between	ADP
ajfa-1990	62	52	futures	future	NOUN
ajfa-1990	62	53	trading	trading	NOUN
ajfa-1990	62	54	activity	activity	NOUN
ajfa-1990	62	55	(	(	PUNCT
ajfa-1990	62	56	trading	trading	NOUN
ajfa-1990	62	57	volume	volume	NOUN
ajfa-1990	62	58	and	and	CCONJ
ajfa-1990	62	59	open	open	ADJ
ajfa-1990	62	60	interest	interest	NOUN
ajfa-1990	62	61	)	)	PUNCT
ajfa-1990	62	62	and	and	CCONJ
ajfa-1990	62	63	spot	spot	NOUN
ajfa-1990	62	64	volatility	volatility	NOUN
ajfa-1990	62	65	(	(	PUNCT
ajfa-1990	62	66	bessembinder	bessembinder	PROPN
ajfa-1990	62	67	&	&	CCONJ
ajfa-1990	62	68	seguin	seguin	PROPN
ajfa-1990	62	69	,	,	PUNCT
ajfa-1990	62	70	1992	1992	NUM
ajfa-1990	62	71	;	;	PUNCT
ajfa-1990	62	72	gulen	gulen	VERB
ajfa-1990	62	73	and	and	CCONJ
ajfa-1990	62	74	mayhew	mayhew	PROPN
ajfa-1990	62	75	,	,	PUNCT
ajfa-1990	62	76	2000	2000	NUM
ajfa-1990	62	77	;	;	PUNCT
ajfa-1990	62	78	board	board	NOUN
ajfa-1990	62	79	et	et	PROPN
ajfa-1990	62	80	al	al	PROPN
ajfa-1990	62	81	,	,	PUNCT
ajfa-1990	62	82	2001	2001	NUM
ajfa-1990	62	83	)	)	PUNCT
ajfa-1990	62	84	.	.	PUNCT
ajfa-1990	63	1	a	a	DET
ajfa-1990	63	2	number	number	NOUN
ajfa-1990	63	3	of	of	ADP
ajfa-1990	63	4	studies	study	NOUN
ajfa-1990	63	5	in	in	ADP
ajfa-1990	63	6	equity	equity	NOUN
ajfa-1990	63	7	,	,	PUNCT
ajfa-1990	63	8	commodity	commodity	NOUN
ajfa-1990	63	9	and	and	CCONJ
ajfa-1990	63	10	currency	currency	NOUN
ajfa-1990	63	11	futures	future	NOUN
ajfa-1990	63	12	markets	market	NOUN
ajfa-1990	63	13	provide	provide	VERB
ajfa-1990	63	14	the	the	DET
ajfa-1990	63	15	empirical	empirical	ADJ
ajfa-1990	63	16	evidence	evidence	NOUN
ajfa-1990	63	17	on	on	ADP
ajfa-1990	63	18	de	de	ADJ
ajfa-1990	63	19	-	-	ADJ
ajfa-1990	63	20	stabilizing	stabilizing	ADJ
ajfa-1990	63	21	effect	effect	NOUN
ajfa-1990	63	22	of	of	ADP
ajfa-1990	63	23	futures	future	NOUN
ajfa-1990	63	24	trading	trading	NOUN
ajfa-1990	63	25	on	on	ADP
ajfa-1990	63	26	spot	spot	NOUN
ajfa-1990	63	27	market	market	NOUN
ajfa-1990	63	28	.	.	PUNCT
ajfa-1990	64	1	in	in	ADP
ajfa-1990	64	2	equity	equity	NOUN
ajfa-1990	64	3	market	market	NOUN
ajfa-1990	64	4	,	,	PUNCT
ajfa-1990	64	5	many	many	ADJ
ajfa-1990	64	6	studies	study	NOUN
ajfa-1990	64	7	(	(	PUNCT
ajfa-1990	64	8	harris	harris	PROPN
ajfa-1990	64	9	,	,	PUNCT
ajfa-1990	64	10	1989	1989	NUM
ajfa-1990	64	11	;	;	PUNCT
ajfa-1990	64	12	damodaran	damodaran	VERB
ajfa-1990	64	13	,	,	PUNCT
ajfa-1990	64	14	1990	1990	NUM
ajfa-1990	64	15	;	;	PUNCT
ajfa-1990	64	16	lockwood	lockwood	PROPN
ajfa-1990	64	17	and	and	CCONJ
ajfa-1990	64	18	linn	linn	PROPN
ajfa-1990	64	19	,	,	PUNCT
ajfa-1990	64	20	1990	1990	NUM
ajfa-1990	64	21	;	;	PUNCT
ajfa-1990	64	22	schwert	schwert	NOUN
ajfa-1990	64	23	,	,	PUNCT
ajfa-1990	64	24	1990	1990	NUM
ajfa-1990	64	25	;	;	PUNCT
ajfa-1990	64	26	chang	chang	PROPN
ajfa-1990	64	27	,	,	PUNCT
ajfa-1990	64	28	cheng	cheng	PROPN
ajfa-1990	64	29	,	,	PUNCT
ajfa-1990	64	30	and	and	CCONJ
ajfa-1990	64	31	pinegar	pinegar	NOUN
ajfa-1990	64	32	,	,	PUNCT
ajfa-1990	64	33	1999	1999	NUM
ajfa-1990	64	34	;	;	PUNCT
ajfa-1990	64	35	kyriacou	kyriacou	NOUN
ajfa-1990	64	36	and	and	CCONJ
ajfa-1990	64	37	sarno	sarno	PROPN
ajfa-1990	64	38	,	,	PUNCT
ajfa-1990	64	39	1999	1999	NUM
ajfa-1990	64	40	)	)	PUNCT
ajfa-1990	64	41	have	have	AUX
ajfa-1990	64	42	found	find	VERB
ajfa-1990	64	43	a	a	DET
ajfa-1990	64	44	positive	positive	ADJ
ajfa-1990	64	45	relationship	relationship	NOUN
ajfa-1990	64	46	between	between	ADP
ajfa-1990	64	47	futures	future	NOUN
ajfa-1990	64	48	trading	trading	NOUN
ajfa-1990	64	49	activity	activity	NOUN
ajfa-1990	64	50	and	and	CCONJ
ajfa-1990	64	51	spot	spot	NOUN
ajfa-1990	64	52	price	price	NOUN
ajfa-1990	64	53	volatility	volatility	NOUN
ajfa-1990	64	54	in	in	ADP
ajfa-1990	64	55	us	we	PRON
ajfa-1990	64	56	,	,	PUNCT
ajfa-1990	64	57	uk	uk	PROPN
ajfa-1990	64	58	and	and	CCONJ
ajfa-1990	64	59	other	other	ADJ
ajfa-1990	64	60	developed	develop	VERB
ajfa-1990	64	61	markets	market	NOUN
ajfa-1990	64	62	.	.	PUNCT
ajfa-1990	65	1	on	on	ADP
ajfa-1990	65	2	the	the	DET
ajfa-1990	65	3	contrary	contrary	NOUN
ajfa-1990	65	4	,	,	PUNCT
ajfa-1990	65	5	some	some	DET
ajfa-1990	65	6	studies	study	NOUN
ajfa-1990	65	7	(	(	PUNCT
ajfa-1990	65	8	santoni	santoni	NOUN
ajfa-1990	65	9	,	,	PUNCT
ajfa-1990	65	10	1987	1987	NUM
ajfa-1990	65	11	;	;	PUNCT
ajfa-1990	65	12	bessembinder	bessembinder	NOUN
ajfa-1990	65	13	and	and	CCONJ
ajfa-1990	65	14	seguin	seguin	PROPN
ajfa-1990	65	15	,	,	PUNCT
ajfa-1990	65	16	1992	1992	NUM
ajfa-1990	65	17	;	;	PUNCT
ajfa-1990	65	18	brown	brown	ADJ
ajfa-1990	65	19	-	-	PUNCT
ajfa-1990	65	20	hruska	hruska	NOUN
ajfa-1990	65	21	and	and	CCONJ
ajfa-1990	65	22	kuserk	kuserk	NOUN
ajfa-1990	65	23	;	;	PUNCT
ajfa-1990	65	24	1995	1995	NUM
ajfa-1990	65	25	)	)	PUNCT
ajfa-1990	65	26	found	find	VERB
ajfa-1990	65	27	that	that	SCONJ
ajfa-1990	65	28	futures	future	NOUN
ajfa-1990	65	29	trading	trading	NOUN
ajfa-1990	65	30	activity	activity	NOUN
ajfa-1990	65	31	negatively	negatively	ADV
ajfa-1990	65	32	affects	affect	VERB
ajfa-1990	65	33	the	the	DET
ajfa-1990	65	34	spot	spot	NOUN
ajfa-1990	65	35	volatility	volatility	NOUN
ajfa-1990	65	36	.	.	PUNCT
ajfa-1990	66	1	bessembinder	bessembinder	PROPN
ajfa-1990	66	2	and	and	CCONJ
ajfa-1990	66	3	seguin	seguin	PROPN
ajfa-1990	66	4	(	(	PUNCT
ajfa-1990	66	5	1992	1992	NUM
ajfa-1990	66	6	)	)	PUNCT
ajfa-1990	66	7	there	there	PRON
ajfa-1990	66	8	was	be	VERB
ajfa-1990	66	9	a	a	DET
ajfa-1990	66	10	division	division	NOUN
ajfa-1990	66	11	of	of	ADP
ajfa-1990	66	12	the	the	DET
ajfa-1990	66	13	trading	trading	NOUN
ajfa-1990	66	14	volume	volume	NOUN
ajfa-1990	66	15	and	and	CCONJ
ajfa-1990	66	16	open	open	VERB
ajfa-1990	66	17	interest	interest	NOUN
ajfa-1990	66	18	into	into	ADP
ajfa-1990	66	19	two	two	NUM
ajfa-1990	66	20	components	component	NOUN
ajfa-1990	66	21	i.e	i.e	PRON
ajfa-1990	66	22	expected	expect	VERB
ajfa-1990	66	23	and	and	CCONJ
ajfa-1990	66	24	unexpected	unexpected	ADJ
ajfa-1990	66	25	component	component	NOUN
ajfa-1990	66	26	and	and	CCONJ
ajfa-1990	66	27	establish	establish	VERB
ajfa-1990	66	28	that	that	SCONJ
ajfa-1990	66	29	stock	stock	NOUN
ajfa-1990	66	30	price	price	NOUN
ajfa-1990	66	31	volatility	volatility	NOUN
ajfa-1990	66	32	is	be	AUX
ajfa-1990	66	33	positively	positively	ADV
ajfa-1990	66	34	associated	associate	VERB
ajfa-1990	66	35	to	to	ADP
ajfa-1990	66	36	unexpected	unexpected	ADJ
ajfa-1990	66	37	trading	trading	NOUN
ajfa-1990	66	38	activity	activity	NOUN
ajfa-1990	66	39	,	,	PUNCT
ajfa-1990	66	40	but	but	CCONJ
ajfa-1990	66	41	negatively	negatively	ADV
ajfa-1990	66	42	associated	associate	VERB
ajfa-1990	66	43	to	to	ADP
ajfa-1990	66	44	expected	expect	VERB
ajfa-1990	66	45	component	component	NOUN
ajfa-1990	66	46	of	of	ADP
ajfa-1990	66	47	trading	trading	NOUN
ajfa-1990	66	48	activity	activity	NOUN
ajfa-1990	66	49	.	.	PUNCT
ajfa-1990	67	1	chang	chang	PROPN
ajfa-1990	67	2	et	et	PROPN
ajfa-1990	67	3	al	al	PROPN
ajfa-1990	67	4	.	.	PROPN
ajfa-1990	68	1	(	(	PUNCT
ajfa-1990	68	2	2000	2000	NUM
ajfa-1990	68	3	)	)	PUNCT
ajfa-1990	68	4	decomposed	decompose	VERB
ajfa-1990	68	5	spot	spot	NOUN
ajfa-1990	68	6	volatility	volatility	NOUN
ajfa-1990	68	7	estimates	estimate	NOUN
ajfa-1990	68	8	into	into	ADP
ajfa-1990	68	9	expected	expect	VERB
ajfa-1990	68	10	and	and	CCONJ
ajfa-1990	68	11	unexpected	unexpected	ADJ
ajfa-1990	68	12	components	component	NOUN
ajfa-1990	68	13	and	and	CCONJ
ajfa-1990	68	14	found	find	VERB
ajfa-1990	68	15	that	that	SCONJ
ajfa-1990	68	16	hedging	hedging	NOUN
ajfa-1990	68	17	activity	activity	NOUN
ajfa-1990	68	18	in	in	ADP
ajfa-1990	68	19	futures	future	NOUN
ajfa-1990	68	20	increases	increase	NOUN
ajfa-1990	68	21	when	when	SCONJ
ajfa-1990	68	22	unexpected	unexpected	ADJ
ajfa-1990	68	23	volatility	volatility	NOUN
ajfa-1990	68	24	increases	increase	NOUN
ajfa-1990	68	25	but	but	CCONJ
ajfa-1990	68	26	speculative	speculative	ADJ
ajfa-1990	68	27	activity	activity	NOUN
ajfa-1990	68	28	is	be	AUX
ajfa-1990	68	29	not	not	PART
ajfa-1990	68	30	pretentious	pretentious	ADJ
ajfa-1990	68	31	by	by	ADP
ajfa-1990	68	32	the	the	DET
ajfa-1990	68	33	volatility	volatility	NOUN
ajfa-1990	68	34	.	.	PUNCT
ajfa-1990	69	1	in	in	ADP
ajfa-1990	69	2	currency	currency	NOUN
ajfa-1990	69	3	market	market	NOUN
ajfa-1990	69	4	,	,	PUNCT
ajfa-1990	69	5	clifton	clifton	PROPN
ajfa-1990	69	6	(	(	PUNCT
ajfa-1990	69	7	1985	1985	NUM
ajfa-1990	69	8	)	)	PUNCT
ajfa-1990	69	9	,	,	PUNCT
ajfa-1990	69	10	chatrath	chatrath	NOUN
ajfa-1990	69	11	(	(	PUNCT
ajfa-1990	69	12	1996	1996	NUM
ajfa-1990	69	13	)	)	PUNCT
ajfa-1990	69	14	,	,	PUNCT
ajfa-1990	69	15	grammatikos	grammatikos	NOUN
ajfa-1990	69	16	and	and	CCONJ
ajfa-1990	69	17	saunders	saunder	NOUN
ajfa-1990	69	18	(	(	PUNCT
ajfa-1990	69	19	1986	1986	NUM
ajfa-1990	69	20	)	)	PUNCT
ajfa-1990	69	21	and	and	CCONJ
ajfa-1990	69	22	mccarthy	mccarthy	PROPN
ajfa-1990	69	23	and	and	CCONJ
ajfa-1990	69	24	najand	najand	NOUN
ajfa-1990	69	25	(	(	PUNCT
ajfa-1990	69	26	1993	1993	NUM
ajfa-1990	69	27	)	)	PUNCT
ajfa-1990	69	28	positive	positive	ADJ
ajfa-1990	69	29	correlation	correlation	NOUN
ajfa-1990	69	30	was	be	AUX
ajfa-1990	69	31	found	find	VERB
ajfa-1990	69	32	between	between	ADP
ajfa-1990	69	33	spot	spot	NOUN
ajfa-1990	69	34	price	price	NOUN
ajfa-1990	69	35	variability	variability	NOUN
ajfa-1990	69	36	and	and	CCONJ
ajfa-1990	69	37	volume	volume	NOUN
ajfa-1990	69	38	of	of	ADP
ajfa-1990	69	39	futures	future	NOUN
ajfa-1990	69	40	trading	trading	NOUN
ajfa-1990	69	41	.	.	PUNCT
ajfa-1990	70	1	however	however	ADV
ajfa-1990	70	2	,	,	PUNCT
ajfa-1990	70	3	adrangi	adrangi	PROPN
ajfa-1990	70	4	and	and	CCONJ
ajfa-1990	70	5	chatrath	chatrath	NOUN
ajfa-1990	70	6	(	(	PUNCT
ajfa-1990	70	7	1998	1998	NUM
ajfa-1990	70	8	)	)	PUNCT
ajfa-1990	70	9	and	and	CCONJ
ajfa-1990	70	10	sarwar	sarwar	PROPN
ajfa-1990	70	11	(	(	PUNCT
ajfa-1990	70	12	2003	2003	NUM
ajfa-1990	70	13	)	)	PUNCT
ajfa-1990	70	14	establish	establish	VERB
ajfa-1990	70	15	stabilizing	stabilizing	NOUN
ajfa-1990	70	16	effect	effect	NOUN
ajfa-1990	70	17	of	of	ADP
ajfa-1990	70	18	futures	future	NOUN
ajfa-1990	70	19	trading	trading	NOUN
ajfa-1990	70	20	on	on	ADP
ajfa-1990	70	21	currency	currency	NOUN
ajfa-1990	70	22	market	market	NOUN
ajfa-1990	70	23	.	.	PUNCT
ajfa-1990	71	1	in	in	ADP
ajfa-1990	71	2	commodity	commodity	NOUN
ajfa-1990	71	3	futures	future	NOUN
ajfa-1990	71	4	markets	market	NOUN
ajfa-1990	71	5	,	,	PUNCT
ajfa-1990	71	6	few	few	ADJ
ajfa-1990	71	7	studies	study	NOUN
ajfa-1990	71	8	have	have	AUX
ajfa-1990	71	9	addressed	address	VERB
ajfa-1990	71	10	this	this	DET
ajfa-1990	71	11	issue	issue	NOUN
ajfa-1990	71	12	.	.	PUNCT
ajfa-1990	72	1	pashigian	pashigian	PROPN
ajfa-1990	72	2	(	(	PUNCT
ajfa-1990	72	3	1986	1986	NUM
ajfa-1990	72	4	)	)	PUNCT
ajfa-1990	72	5	and	and	CCONJ
ajfa-1990	72	6	weaver	weaver	NOUN
ajfa-1990	72	7	and	and	CCONJ
ajfa-1990	72	8	banerjee	banerjee	PROPN
ajfa-1990	72	9	(	(	PUNCT
ajfa-1990	72	10	1990	1990	NUM
ajfa-1990	72	11	)	)	PUNCT
ajfa-1990	72	12	opined	opine	VERB
ajfa-1990	72	13	that	that	SCONJ
ajfa-1990	72	14	futures	future	NOUN
ajfa-1990	72	15	trading	trading	NOUN
ajfa-1990	72	16	activity	activity	NOUN
ajfa-1990	72	17	destabilizes	destabilize	VERB
ajfa-1990	72	18	the	the	DET
ajfa-1990	72	19	spot	spot	NOUN
ajfa-1990	72	20	volatility	volatility	NOUN
ajfa-1990	72	21	of	of	ADP
ajfa-1990	72	22	agricultural	agricultural	ADJ
ajfa-1990	72	23	commodities	commodity	NOUN
ajfa-1990	72	24	.	.	PUNCT
ajfa-1990	73	1	in	in	ADP
ajfa-1990	73	2	a	a	DET
ajfa-1990	73	3	review	review	NOUN
ajfa-1990	73	4	paper	paper	NOUN
ajfa-1990	73	5	,	,	PUNCT
ajfa-1990	73	6	kamara	kamara	PROPN
ajfa-1990	73	7	(	(	PUNCT
ajfa-1990	73	8	1982	1982	NUM
ajfa-1990	73	9	)	)	PUNCT
ajfa-1990	73	10	explicate	explicate	VERB
ajfa-1990	73	11	that	that	SCONJ
ajfa-1990	73	12	in	in	ADP
ajfa-1990	73	13	the	the	DET
ajfa-1990	73	14	majority	majority	NOUN
ajfa-1990	73	15	of	of	ADP
ajfa-1990	73	16	the	the	DET
ajfa-1990	73	17	empirical	empirical	ADJ
ajfa-1990	73	18	studies	study	NOUN
ajfa-1990	73	19	relating	relate	VERB
ajfa-1990	73	20	to	to	ADP
ajfa-1990	73	21	agricultural	agricultural	ADJ
ajfa-1990	73	22	derivatives	derivative	NOUN
ajfa-1990	73	23	market	market	NOUN
ajfa-1990	73	24	it	it	PRON
ajfa-1990	73	25	was	be	AUX
ajfa-1990	73	26	found	find	VERB
ajfa-1990	73	27	that	that	SCONJ
ajfa-1990	73	28	the	the	DET
ajfa-1990	73	29	introduction	introduction	NOUN
ajfa-1990	73	30	of	of	ADP
ajfa-1990	73	31	futures	future	NOUN
ajfa-1990	73	32	trading	trading	NOUN
ajfa-1990	73	33	normally	normally	ADV
ajfa-1990	73	34	condensed	condense	VERB
ajfa-1990	73	35	or	or	CCONJ
ajfa-1990	73	36	at	at	ADP
ajfa-1990	73	37	least	least	ADJ
ajfa-1990	73	38	did	do	AUX
ajfa-1990	73	39	not	not	PART
ajfa-1990	73	40	increase	increase	VERB
ajfa-1990	73	41	the	the	DET
ajfa-1990	73	42	spot	spot	NOUN
ajfa-1990	73	43	price	price	NOUN
ajfa-1990	73	44	asian	asian	ADJ
ajfa-1990	73	45	journal	journal	NOUN
ajfa-1990	73	46	of	of	ADP
ajfa-1990	73	47	finance	finance	PROPN
ajfa-1990	73	48	&	&	CCONJ
ajfa-1990	73	49	accounting	accounting	PROPN
ajfa-1990	73	50	issn	issn	PROPN
ajfa-1990	73	51	1946	1946	NUM
ajfa-1990	73	52	-	-	PUNCT
ajfa-1990	73	53	052x	052x	NOUN
ajfa-1990	73	54	2012	2012	NUM
ajfa-1990	73	55	,	,	PUNCT
ajfa-1990	73	56	vol	vol	NOUN
ajfa-1990	73	57	.	.	PROPN
ajfa-1990	73	58	4	4	NUM
ajfa-1990	73	59	,	,	PUNCT
ajfa-1990	73	60	no	no	INTJ
ajfa-1990	73	61	.	.	NOUN
ajfa-1990	73	62	2	2	NUM
ajfa-1990	73	63	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-1990	73	64	204	204	NUM
ajfa-1990	73	65	volatility	volatility	NOUN
ajfa-1990	73	66	.	.	PUNCT
ajfa-1990	74	1	in	in	ADP
ajfa-1990	74	2	a	a	DET
ajfa-1990	74	3	study	study	NOUN
ajfa-1990	74	4	done	do	VERB
ajfa-1990	74	5	by	by	ADP
ajfa-1990	74	6	yang	yang	PROPN
ajfa-1990	74	7	et	et	PROPN
ajfa-1990	74	8	al	al	PROPN
ajfa-1990	74	9	.	.	PROPN
ajfa-1990	75	1	(	(	PUNCT
ajfa-1990	75	2	2005	2005	NUM
ajfa-1990	75	3	)	)	PUNCT
ajfa-1990	75	4	it	it	PRON
ajfa-1990	75	5	was	be	AUX
ajfa-1990	75	6	examined	examine	VERB
ajfa-1990	75	7	that	that	SCONJ
ajfa-1990	75	8	the	the	DET
ajfa-1990	75	9	dynamic	dynamic	ADJ
ajfa-1990	75	10	relationship	relationship	NOUN
ajfa-1990	75	11	between	between	ADP
ajfa-1990	75	12	futures	future	NOUN
ajfa-1990	75	13	trading	trading	NOUN
ajfa-1990	75	14	activity	activity	NOUN
ajfa-1990	75	15	and	and	CCONJ
ajfa-1990	75	16	spot	spot	NOUN
ajfa-1990	75	17	volatility	volatility	NOUN
ajfa-1990	75	18	for	for	ADP
ajfa-1990	75	19	agricultural	agricultural	ADJ
ajfa-1990	75	20	commodities	commodity	NOUN
ajfa-1990	75	21	found	find	VERB
ajfa-1990	75	22	that	that	SCONJ
ajfa-1990	75	23	any	any	DET
ajfa-1990	75	24	increase	increase	NOUN
ajfa-1990	75	25	in	in	ADP
ajfa-1990	75	26	unexpected	unexpected	ADJ
ajfa-1990	75	27	futures	future	NOUN
ajfa-1990	75	28	trading	trading	NOUN
ajfa-1990	75	29	volume	volume	NOUN
ajfa-1990	75	30	unidirectional	unidirectional	ADJ
ajfa-1990	75	31	causes	cause	VERB
ajfa-1990	75	32	an	an	DET
ajfa-1990	75	33	increase	increase	NOUN
ajfa-1990	75	34	in	in	ADP
ajfa-1990	75	35	the	the	DET
ajfa-1990	75	36	spot	spot	NOUN
ajfa-1990	75	37	price	price	NOUN
ajfa-1990	75	38	volatility	volatility	NOUN
ajfa-1990	75	39	for	for	ADP
ajfa-1990	75	40	most	most	ADJ
ajfa-1990	75	41	of	of	ADP
ajfa-1990	75	42	the	the	DET
ajfa-1990	75	43	agricultural	agricultural	ADJ
ajfa-1990	75	44	commodities	commodity	NOUN
ajfa-1990	75	45	.	.	PUNCT
ajfa-1990	76	1	a	a	DET
ajfa-1990	76	2	weak	weak	ADJ
ajfa-1990	76	3	causal	causal	ADJ
ajfa-1990	76	4	relationship	relationship	NOUN
ajfa-1990	76	5	between	between	ADP
ajfa-1990	76	6	open	open	ADJ
ajfa-1990	76	7	interest	interest	NOUN
ajfa-1990	76	8	and	and	CCONJ
ajfa-1990	76	9	the	the	DET
ajfa-1990	76	10	spot	spot	NOUN
ajfa-1990	76	11	volatility	volatility	NOUN
ajfa-1990	76	12	was	be	AUX
ajfa-1990	76	13	found	find	VERB
ajfa-1990	76	14	in	in	ADP
ajfa-1990	76	15	the	the	DET
ajfa-1990	76	16	study	study	NOUN
ajfa-1990	76	17	.	.	PUNCT
ajfa-1990	77	1	methodologically	methodologically	ADV
ajfa-1990	77	2	,	,	PUNCT
ajfa-1990	77	3	most	most	ADJ
ajfa-1990	77	4	of	of	ADP
ajfa-1990	77	5	the	the	DET
ajfa-1990	77	6	studies	study	NOUN
ajfa-1990	77	7	pertaining	pertain	VERB
ajfa-1990	77	8	to	to	ADP
ajfa-1990	77	9	the	the	DET
ajfa-1990	77	10	empirical	empirical	ADJ
ajfa-1990	77	11	test	test	NOUN
ajfa-1990	77	12	of	of	ADP
ajfa-1990	77	13	stabilizing	stabilizing	NOUN
ajfa-1990	77	14	/	/	SYM
ajfa-1990	77	15	destabilizing	destabilizing	ADJ
ajfa-1990	77	16	effect	effect	NOUN
ajfa-1990	77	17	of	of	ADP
ajfa-1990	77	18	derivatives	derivative	NOUN
ajfa-1990	77	19	market	market	NOUN
ajfa-1990	77	20	on	on	ADP
ajfa-1990	77	21	spot	spot	NOUN
ajfa-1990	77	22	market	market	NOUN
ajfa-1990	77	23	with	with	ADP
ajfa-1990	77	24	a	a	DET
ajfa-1990	77	25	focus	focus	NOUN
ajfa-1990	77	26	on	on	ADP
ajfa-1990	77	27	the	the	DET
ajfa-1990	77	28	impact	impact	NOUN
ajfa-1990	77	29	of	of	ADP
ajfa-1990	77	30	introduction	introduction	NOUN
ajfa-1990	77	31	of	of	ADP
ajfa-1990	77	32	futures	future	NOUN
ajfa-1990	77	33	trading	trading	NOUN
ajfa-1990	77	34	compare	compare	NOUN
ajfa-1990	77	35	spot	spot	NOUN
ajfa-1990	77	36	price	price	NOUN
ajfa-1990	77	37	volatility	volatility	NOUN
ajfa-1990	77	38	before	before	ADP
ajfa-1990	77	39	and	and	CCONJ
ajfa-1990	77	40	after	after	ADP
ajfa-1990	77	41	the	the	DET
ajfa-1990	77	42	introduction	introduction	NOUN
ajfa-1990	77	43	of	of	ADP
ajfa-1990	77	44	futures	future	NOUN
ajfa-1990	77	45	trading	trading	NOUN
ajfa-1990	77	46	.	.	PUNCT
ajfa-1990	78	1	studies	study	NOUN
ajfa-1990	78	2	in	in	ADP
ajfa-1990	78	3	this	this	DET
ajfa-1990	78	4	area	area	NOUN
ajfa-1990	78	5	model	model	NOUN
ajfa-1990	78	6	time	time	NOUN
ajfa-1990	78	7	varying	vary	VERB
ajfa-1990	78	8	volatility	volatility	NOUN
ajfa-1990	78	9	as	as	ADP
ajfa-1990	78	10	garch	garch	NOUN
ajfa-1990	78	11	process	process	NOUN
ajfa-1990	78	12	.	.	PUNCT
ajfa-1990	79	1	other	other	ADJ
ajfa-1990	79	2	approach	approach	NOUN
ajfa-1990	79	3	used	use	VERB
ajfa-1990	79	4	in	in	ADP
ajfa-1990	79	5	the	the	DET
ajfa-1990	79	6	literature	literature	NOUN
ajfa-1990	79	7	(	(	PUNCT
ajfa-1990	79	8	bessembinder	bessembinder	NOUN
ajfa-1990	79	9	and	and	CCONJ
ajfa-1990	79	10	seguin	seguin	PROPN
ajfa-1990	79	11	,	,	PUNCT
ajfa-1990	79	12	1992	1992	NUM
ajfa-1990	79	13	)	)	PUNCT
ajfa-1990	79	14	is	be	AUX
ajfa-1990	79	15	estimation	estimation	NOUN
ajfa-1990	79	16	of	of	ADP
ajfa-1990	79	17	contemporaneous	contemporaneous	ADJ
ajfa-1990	79	18	relationship	relationship	NOUN
ajfa-1990	79	19	between	between	ADP
ajfa-1990	79	20	trading	trading	NOUN
ajfa-1990	79	21	activity	activity	NOUN
ajfa-1990	79	22	(	(	PUNCT
ajfa-1990	79	23	trading	trading	NOUN
ajfa-1990	79	24	volume	volume	NOUN
ajfa-1990	79	25	and	and	CCONJ
ajfa-1990	79	26	open	open	ADJ
ajfa-1990	79	27	interest	interest	NOUN
ajfa-1990	79	28	)	)	PUNCT
ajfa-1990	79	29	and	and	CCONJ
ajfa-1990	79	30	spot	spot	NOUN
ajfa-1990	79	31	volatility	volatility	NOUN
ajfa-1990	79	32	.	.	PUNCT
ajfa-1990	80	1	in	in	ADP
ajfa-1990	80	2	this	this	DET
ajfa-1990	80	3	approach	approach	NOUN
ajfa-1990	80	4	,	,	PUNCT
ajfa-1990	80	5	spot	spot	NOUN
ajfa-1990	80	6	price	price	NOUN
ajfa-1990	80	7	volatility	volatility	NOUN
ajfa-1990	80	8	is	be	AUX
ajfa-1990	80	9	estimated	estimate	VERB
ajfa-1990	80	10	as	as	ADP
ajfa-1990	80	11	a	a	DET
ajfa-1990	80	12	garch	garch	NOUN
ajfa-1990	80	13	process	process	NOUN
ajfa-1990	80	14	.	.	PUNCT
ajfa-1990	81	1	the	the	DET
ajfa-1990	81	2	effect	effect	NOUN
ajfa-1990	81	3	of	of	ADP
ajfa-1990	81	4	futures	future	NOUN
ajfa-1990	81	5	trading	trading	NOUN
ajfa-1990	81	6	activity	activity	NOUN
ajfa-1990	81	7	on	on	ADP
ajfa-1990	81	8	spot	spot	NOUN
ajfa-1990	81	9	volatility	volatility	NOUN
ajfa-1990	81	10	is	be	AUX
ajfa-1990	81	11	investigated	investigate	VERB
ajfa-1990	81	12	through	through	ADP
ajfa-1990	81	13	augmented	augment	VERB
ajfa-1990	81	14	garch	garch	NOUN
ajfa-1990	81	15	model	model	NOUN
ajfa-1990	81	16	in	in	ADP
ajfa-1990	81	17	which	which	PRON
ajfa-1990	81	18	trading	trading	NOUN
ajfa-1990	81	19	activity	activity	NOUN
ajfa-1990	81	20	is	be	AUX
ajfa-1990	81	21	used	use	VERB
ajfa-1990	81	22	as	as	ADP
ajfa-1990	81	23	exogenous	exogenous	ADJ
ajfa-1990	81	24	variable	variable	NOUN
ajfa-1990	81	25	.	.	PUNCT
ajfa-1990	82	1	futures	future	NOUN
ajfa-1990	82	2	trading	trading	NOUN
ajfa-1990	82	3	volume	volume	NOUN
ajfa-1990	82	4	and	and	CCONJ
ajfa-1990	82	5	open	open	ADJ
ajfa-1990	82	6	interest	interest	NOUN
ajfa-1990	82	7	are	be	AUX
ajfa-1990	82	8	then	then	ADV
ajfa-1990	82	9	divided	divide	VERB
ajfa-1990	82	10	into	into	ADP
ajfa-1990	82	11	expected	expect	VERB
ajfa-1990	82	12	and	and	CCONJ
ajfa-1990	82	13	unexpected	unexpected	ADJ
ajfa-1990	82	14	components	component	NOUN
ajfa-1990	82	15	and	and	CCONJ
ajfa-1990	82	16	effect	effect	NOUN
ajfa-1990	82	17	of	of	ADP
ajfa-1990	82	18	expected	expect	VERB
ajfa-1990	82	19	and	and	CCONJ
ajfa-1990	82	20	unexpected	unexpected	ADJ
ajfa-1990	82	21	part	part	NOUN
ajfa-1990	82	22	of	of	ADP
ajfa-1990	82	23	trading	trading	NOUN
ajfa-1990	82	24	activity	activity	NOUN
ajfa-1990	82	25	on	on	ADP
ajfa-1990	82	26	spot	spot	NOUN
ajfa-1990	82	27	volatility	volatility	NOUN
ajfa-1990	82	28	is	be	AUX
ajfa-1990	82	29	examined	examine	VERB
ajfa-1990	82	30	.	.	PUNCT
ajfa-1990	83	1	the	the	DET
ajfa-1990	83	2	dynamic	dynamic	ADJ
ajfa-1990	83	3	relationship	relationship	NOUN
ajfa-1990	83	4	between	between	ADP
ajfa-1990	83	5	spot	spot	NOUN
ajfa-1990	83	6	volatility	volatility	NOUN
ajfa-1990	83	7	and	and	CCONJ
ajfa-1990	83	8	futures	future	NOUN
ajfa-1990	83	9	trading	trading	NOUN
ajfa-1990	83	10	activity	activity	NOUN
ajfa-1990	83	11	is	be	AUX
ajfa-1990	83	12	also	also	ADV
ajfa-1990	83	13	examined	examine	VERB
ajfa-1990	83	14	through	through	ADP
ajfa-1990	83	15	vector	vector	NOUN
ajfa-1990	83	16	autoregressive	autoregressive	ADJ
ajfa-1990	83	17	specifications	specification	NOUN
ajfa-1990	83	18	.	.	PUNCT
ajfa-1990	84	1	most	most	ADJ
ajfa-1990	84	2	of	of	ADP
ajfa-1990	84	3	these	these	PRON
ajfa-1990	84	4	have	have	AUX
ajfa-1990	84	5	been	be	AUX
ajfa-1990	84	6	in	in	ADP
ajfa-1990	84	7	the	the	DET
ajfa-1990	84	8	context	context	NOUN
ajfa-1990	84	9	of	of	ADP
ajfa-1990	84	10	equity	equity	NOUN
ajfa-1990	84	11	(	(	PUNCT
ajfa-1990	84	12	index	index	NOUN
ajfa-1990	84	13	futures	future	NOUN
ajfa-1990	84	14	)	)	PUNCT
ajfa-1990	84	15	and	and	CCONJ
ajfa-1990	84	16	currency	currency	NOUN
ajfa-1990	84	17	markets	market	NOUN
ajfa-1990	84	18	,	,	PUNCT
ajfa-1990	84	19	and	and	CCONJ
ajfa-1990	84	20	very	very	ADV
ajfa-1990	84	21	few	few	ADJ
ajfa-1990	84	22	studies	study	NOUN
ajfa-1990	84	23	(	(	PUNCT
ajfa-1990	84	24	pashigian	pashigian	ADJ
ajfa-1990	84	25	,	,	PUNCT
ajfa-1990	84	26	1986	1986	NUM
ajfa-1990	84	27	;	;	PUNCT
ajfa-1990	84	28	weaver	weaver	NOUN
ajfa-1990	84	29	and	and	CCONJ
ajfa-1990	84	30	banerjee	banerjee	NOUN
ajfa-1990	84	31	,	,	PUNCT
ajfa-1990	84	32	1990	1990	NUM
ajfa-1990	84	33	,	,	PUNCT
ajfa-1990	84	34	and	and	CCONJ
ajfa-1990	84	35	yang	yang	PROPN
ajfa-1990	84	36	et	et	PROPN
ajfa-1990	84	37	al	al	PROPN
ajfa-1990	84	38	.	.	PROPN
ajfa-1990	84	39	,	,	PUNCT
ajfa-1990	84	40	2005	2005	NUM
ajfa-1990	84	41	)	)	PUNCT
ajfa-1990	84	42	have	have	AUX
ajfa-1990	84	43	investigated	investigate	VERB
ajfa-1990	84	44	this	this	DET
ajfa-1990	84	45	issue	issue	NOUN
ajfa-1990	84	46	empirically	empirically	ADV
ajfa-1990	84	47	in	in	ADP
ajfa-1990	84	48	the	the	DET
ajfa-1990	84	49	context	context	NOUN
ajfa-1990	84	50	of	of	ADP
ajfa-1990	84	51	commodity	commodity	NOUN
ajfa-1990	84	52	futures	future	NOUN
ajfa-1990	84	53	market	market	NOUN
ajfa-1990	84	54	.	.	PUNCT
ajfa-1990	85	1	sen	sen	PROPN
ajfa-1990	85	2	and	and	CCONJ
ajfa-1990	85	3	paul	paul	PROPN
ajfa-1990	85	4	(	(	PUNCT
ajfa-1990	85	5	2010	2010	NUM
ajfa-1990	85	6	)	)	PUNCT
ajfa-1990	85	7	have	have	AUX
ajfa-1990	85	8	clearly	clearly	ADV
ajfa-1990	85	9	suggested	suggest	VERB
ajfa-1990	85	10	that	that	SCONJ
ajfa-1990	85	11	future	future	ADJ
ajfa-1990	85	12	trading	trading	NOUN
ajfa-1990	85	13	in	in	ADP
ajfa-1990	85	14	agricultural	agricultural	ADJ
ajfa-1990	85	15	goods	good	NOUN
ajfa-1990	85	16	and	and	CCONJ
ajfa-1990	85	17	especially	especially	ADV
ajfa-1990	85	18	in	in	ADP
ajfa-1990	85	19	food	food	NOUN
ajfa-1990	85	20	items	item	NOUN
ajfa-1990	85	21	has	have	AUX
ajfa-1990	85	22	neither	neither	CCONJ
ajfa-1990	85	23	resulted	result	VERB
ajfa-1990	85	24	in	in	ADP
ajfa-1990	85	25	price	price	NOUN
ajfa-1990	85	26	discovery	discovery	NOUN
ajfa-1990	85	27	nor	nor	CCONJ
ajfa-1990	85	28	less	less	ADJ
ajfa-1990	85	29	of	of	ADP
ajfa-1990	85	30	volatility	volatility	NOUN
ajfa-1990	85	31	in	in	ADP
ajfa-1990	85	32	food	food	NOUN
ajfa-1990	85	33	prices	price	NOUN
ajfa-1990	85	34	.	.	PUNCT
ajfa-1990	86	1	they	they	PRON
ajfa-1990	86	2	observed	observe	VERB
ajfa-1990	86	3	a	a	DET
ajfa-1990	86	4	steep	steep	ADJ
ajfa-1990	86	5	increase	increase	NOUN
ajfa-1990	86	6	in	in	ADP
ajfa-1990	86	7	spot	spot	NOUN
ajfa-1990	86	8	prices	price	NOUN
ajfa-1990	86	9	for	for	ADP
ajfa-1990	86	10	major	major	ADJ
ajfa-1990	86	11	food	food	NOUN
ajfa-1990	86	12	items	item	NOUN
ajfa-1990	86	13	along	along	ADP
ajfa-1990	86	14	with	with	ADP
ajfa-1990	86	15	a	a	DET
ajfa-1990	86	16	granger	granger	PROPN
ajfa-1990	86	17	causal	causal	PROPN
ajfa-1990	86	18	link	link	NOUN
ajfa-1990	86	19	from	from	ADP
ajfa-1990	86	20	future	future	NOUN
ajfa-1990	86	21	to	to	PART
ajfa-1990	86	22	spot	spot	VERB
ajfa-1990	86	23	prices	price	NOUN
ajfa-1990	86	24	for	for	ADP
ajfa-1990	86	25	commodities	commodity	NOUN
ajfa-1990	86	26	on	on	ADP
ajfa-1990	86	27	which	which	PRON
ajfa-1990	86	28	futures	future	NOUN
ajfa-1990	86	29	are	be	AUX
ajfa-1990	86	30	traded	trade	VERB
ajfa-1990	86	31	.	.	PUNCT
ajfa-1990	87	1	in	in	ADP
ajfa-1990	87	2	emerging	emerge	VERB
ajfa-1990	87	3	commodity	commodity	NOUN
ajfa-1990	87	4	derivatives	derivative	NOUN
ajfa-1990	87	5	markets	market	VERB
ajfa-1990	87	6	the	the	DET
ajfa-1990	87	7	issue	issue	NOUN
ajfa-1990	87	8	of	of	ADP
ajfa-1990	87	9	volatility	volatility	NOUN
ajfa-1990	87	10	has	have	AUX
ajfa-1990	87	11	not	not	PART
ajfa-1990	87	12	been	be	AUX
ajfa-1990	87	13	researched	research	VERB
ajfa-1990	87	14	sufficiently	sufficiently	ADV
ajfa-1990	87	15	owing	owe	VERB
ajfa-1990	87	16	to	to	ADP
ajfa-1990	87	17	features	feature	NOUN
ajfa-1990	87	18	of	of	ADP
ajfa-1990	87	19	markets	market	NOUN
ajfa-1990	87	20	like	like	ADP
ajfa-1990	87	21	emaciated	emaciated	ADJ
ajfa-1990	87	22	in	in	ADP
ajfa-1990	87	23	terms	term	NOUN
ajfa-1990	87	24	of	of	ADP
ajfa-1990	87	25	volume	volume	NOUN
ajfa-1990	87	26	and	and	CCONJ
ajfa-1990	87	27	number	number	NOUN
ajfa-1990	87	28	of	of	ADP
ajfa-1990	87	29	derivatives	derivative	NOUN
ajfa-1990	87	30	products	product	NOUN
ajfa-1990	87	31	and	and	CCONJ
ajfa-1990	87	32	in	in	ADP
ajfa-1990	87	33	terms	term	NOUN
ajfa-1990	87	34	of	of	ADP
ajfa-1990	87	35	participation	participation	NOUN
ajfa-1990	87	36	also	also	ADV
ajfa-1990	87	37	it	it	PRON
ajfa-1990	87	38	is	be	AUX
ajfa-1990	87	39	very	very	ADV
ajfa-1990	87	40	limited	limited	ADJ
ajfa-1990	87	41	.	.	PUNCT
ajfa-1990	88	1	emerging	emerge	VERB
ajfa-1990	88	2	commodity	commodity	NOUN
ajfa-1990	88	3	markets	market	NOUN
ajfa-1990	88	4	in	in	ADP
ajfa-1990	88	5	general	general	ADJ
ajfa-1990	88	6	and	and	CCONJ
ajfa-1990	88	7	india	india	PROPN
ajfa-1990	88	8	in	in	ADP
ajfa-1990	88	9	particular	particular	ADJ
ajfa-1990	88	10	are	be	AUX
ajfa-1990	88	11	generally	generally	ADV
ajfa-1990	88	12	disparaged	disparage	VERB
ajfa-1990	88	13	for	for	ADP
ajfa-1990	88	14	speculative	speculative	ADJ
ajfa-1990	88	15	activity	activity	NOUN
ajfa-1990	88	16	and	and	CCONJ
ajfa-1990	88	17	destabilizing	destabilizing	ADJ
ajfa-1990	88	18	role	role	NOUN
ajfa-1990	88	19	of	of	ADP
ajfa-1990	88	20	derivatives	derivative	NOUN
ajfa-1990	88	21	in	in	ADP
ajfa-1990	88	22	spot	spot	NOUN
ajfa-1990	88	23	market	market	NOUN
ajfa-1990	88	24	through	through	ADP
ajfa-1990	88	25	increased	increase	VERB
ajfa-1990	88	26	price	price	NOUN
ajfa-1990	88	27	volatility	volatility	NOUN
ajfa-1990	88	28	.	.	PUNCT
ajfa-1990	89	1	this	this	PRON
ajfa-1990	89	2	is	be	AUX
ajfa-1990	89	3	evident	evident	ADJ
ajfa-1990	89	4	from	from	ADP
ajfa-1990	89	5	the	the	DET
ajfa-1990	89	6	action	action	NOUN
ajfa-1990	89	7	of	of	ADP
ajfa-1990	89	8	government	government	NOUN
ajfa-1990	89	9	of	of	ADP
ajfa-1990	89	10	india	india	PROPN
ajfa-1990	89	11	that	that	SCONJ
ajfa-1990	89	12	many	many	DET
ajfa-1990	89	13	a	a	DET
ajfa-1990	89	14	time	time	NOUN
ajfa-1990	89	15	’s	’s	PART
ajfa-1990	89	16	agricultural	agricultural	ADJ
ajfa-1990	89	17	commodities	commodity	NOUN
ajfa-1990	89	18	have	have	AUX
ajfa-1990	89	19	been	be	AUX
ajfa-1990	89	20	banned	ban	VERB
ajfa-1990	89	21	for	for	ADP
ajfa-1990	89	22	their	their	PRON
ajfa-1990	89	23	assumed	assume	VERB
ajfa-1990	89	24	destabilizing	destabilizing	ADJ
ajfa-1990	89	25	effect	effect	NOUN
ajfa-1990	89	26	on	on	ADP
ajfa-1990	89	27	spot	spot	NOUN
ajfa-1990	89	28	market	market	NOUN
ajfa-1990	89	29	.	.	PUNCT
ajfa-1990	90	1	the	the	DET
ajfa-1990	90	2	commodity	commodity	NOUN
ajfa-1990	90	3	derivatives	derivative	NOUN
ajfa-1990	90	4	markets	market	NOUN
ajfa-1990	90	5	in	in	ADP
ajfa-1990	90	6	india	india	PROPN
ajfa-1990	90	7	is	be	AUX
ajfa-1990	90	8	also	also	ADV
ajfa-1990	90	9	facing	face	VERB
ajfa-1990	90	10	increased	increase	VERB
ajfa-1990	90	11	ruling	ruling	NOUN
ajfa-1990	90	12	on	on	ADP
ajfa-1990	90	13	futures	future	NOUN
ajfa-1990	90	14	trading	trading	NOUN
ajfa-1990	90	15	regardless	regardless	ADV
ajfa-1990	90	16	of	of	ADP
ajfa-1990	90	17	any	any	DET
ajfa-1990	90	18	reliable	reliable	ADJ
ajfa-1990	90	19	empirical	empirical	ADJ
ajfa-1990	90	20	evidence	evidence	NOUN
ajfa-1990	90	21	in	in	ADP
ajfa-1990	90	22	this	this	DET
ajfa-1990	90	23	regard	regard	NOUN
ajfa-1990	90	24	.	.	PUNCT
ajfa-1990	91	1	most	most	ADJ
ajfa-1990	91	2	of	of	ADP
ajfa-1990	91	3	these	these	PRON
ajfa-1990	91	4	have	have	AUX
ajfa-1990	91	5	been	be	AUX
ajfa-1990	91	6	in	in	ADP
ajfa-1990	91	7	the	the	DET
ajfa-1990	91	8	context	context	NOUN
ajfa-1990	91	9	of	of	ADP
ajfa-1990	91	10	equity	equity	NOUN
ajfa-1990	91	11	(	(	PUNCT
ajfa-1990	91	12	index	index	NOUN
ajfa-1990	91	13	futures	future	NOUN
ajfa-1990	91	14	)	)	PUNCT
ajfa-1990	91	15	and	and	CCONJ
ajfa-1990	91	16	currency	currency	NOUN
ajfa-1990	91	17	markets	market	NOUN
ajfa-1990	91	18	,	,	PUNCT
ajfa-1990	91	19	and	and	CCONJ
ajfa-1990	91	20	very	very	ADV
ajfa-1990	91	21	few	few	ADJ
ajfa-1990	91	22	studies	study	NOUN
ajfa-1990	91	23	(	(	PUNCT
ajfa-1990	91	24	pashigian	pashigian	ADJ
ajfa-1990	91	25	,	,	PUNCT
ajfa-1990	91	26	1986	1986	NUM
ajfa-1990	91	27	;	;	PUNCT
ajfa-1990	91	28	weaver	weaver	NOUN
ajfa-1990	91	29	and	and	CCONJ
ajfa-1990	91	30	banerjee	banerjee	NOUN
ajfa-1990	91	31	,	,	PUNCT
ajfa-1990	91	32	1990	1990	NUM
ajfa-1990	91	33	,	,	PUNCT
ajfa-1990	91	34	and	and	CCONJ
ajfa-1990	91	35	yang	yang	PROPN
ajfa-1990	91	36	et	et	PROPN
ajfa-1990	91	37	al	al	PROPN
ajfa-1990	91	38	.	.	PROPN
ajfa-1990	91	39	,	,	PUNCT
ajfa-1990	91	40	2005	2005	NUM
ajfa-1990	91	41	)	)	PUNCT
ajfa-1990	91	42	have	have	AUX
ajfa-1990	91	43	investigated	investigate	VERB
ajfa-1990	91	44	this	this	DET
ajfa-1990	91	45	issue	issue	NOUN
ajfa-1990	91	46	empirically	empirically	ADV
ajfa-1990	91	47	in	in	ADP
ajfa-1990	91	48	the	the	DET
ajfa-1990	91	49	context	context	NOUN
ajfa-1990	91	50	of	of	ADP
ajfa-1990	91	51	commodity	commodity	NOUN
ajfa-1990	91	52	futures	future	NOUN
ajfa-1990	91	53	market	market	NOUN
ajfa-1990	91	54	.	.	PUNCT
ajfa-1990	92	1	this	this	DET
ajfa-1990	92	2	study	study	NOUN
ajfa-1990	92	3	seeks	seek	VERB
ajfa-1990	92	4	to	to	PART
ajfa-1990	92	5	address	address	VERB
ajfa-1990	92	6	these	these	DET
ajfa-1990	92	7	research	research	NOUN
ajfa-1990	92	8	gaps	gap	NOUN
ajfa-1990	92	9	by	by	ADP
ajfa-1990	92	10	investigating	investigate	VERB
ajfa-1990	92	11	the	the	DET
ajfa-1990	92	12	issues	issue	NOUN
ajfa-1990	92	13	of	of	ADP
ajfa-1990	92	14	stabilizing	stabilizing	NOUN
ajfa-1990	92	15	/	/	SYM
ajfa-1990	92	16	destabilizing	destabilizing	ADJ
ajfa-1990	92	17	effect	effect	NOUN
ajfa-1990	92	18	of	of	ADP
ajfa-1990	92	19	futures	future	NOUN
ajfa-1990	92	20	activity	activity	NOUN
ajfa-1990	92	21	on	on	ADP
ajfa-1990	92	22	spot	spot	NOUN
ajfa-1990	92	23	market	market	NOUN
ajfa-1990	92	24	in	in	ADP
ajfa-1990	92	25	indian	indian	ADJ
ajfa-1990	92	26	commodity	commodity	NOUN
ajfa-1990	92	27	futures	future	NOUN
ajfa-1990	92	28	market	market	NOUN
ajfa-1990	92	29	context	context	NOUN
ajfa-1990	92	30	.	.	PUNCT
ajfa-1990	93	1	in	in	ADP
ajfa-1990	93	2	this	this	DET
ajfa-1990	93	3	study	study	NOUN
ajfa-1990	93	4	,	,	PUNCT
ajfa-1990	93	5	we	we	PRON
ajfa-1990	93	6	analyze	analyze	VERB
ajfa-1990	93	7	few	few	ADJ
ajfa-1990	93	8	agricultural	agricultural	ADJ
ajfa-1990	93	9	commodities	commodity	NOUN
ajfa-1990	93	10	in	in	ADP
ajfa-1990	93	11	detail	detail	NOUN
ajfa-1990	93	12	which	which	PRON
ajfa-1990	93	13	will	will	AUX
ajfa-1990	93	14	help	help	VERB
ajfa-1990	93	15	in	in	ADP
ajfa-1990	93	16	understanding	understand	VERB
ajfa-1990	93	17	the	the	DET
ajfa-1990	93	18	relationships	relationship	NOUN
ajfa-1990	93	19	between	between	ADP
ajfa-1990	93	20	futures	future	NOUN
ajfa-1990	93	21	trading	trading	NOUN
ajfa-1990	93	22	activity	activity	NOUN
ajfa-1990	93	23	and	and	CCONJ
ajfa-1990	93	24	spot	spot	NOUN
ajfa-1990	93	25	market	market	NOUN
ajfa-1990	93	26	volatility	volatility	NOUN
ajfa-1990	93	27	for	for	ADP
ajfa-1990	93	28	agricultural	agricultural	ADJ
ajfa-1990	93	29	commodities	commodity	NOUN
ajfa-1990	93	30	.	.	PUNCT
ajfa-1990	94	1	asian	asian	ADJ
ajfa-1990	94	2	journal	journal	PROPN
ajfa-1990	94	3	of	of	ADP
ajfa-1990	94	4	finance	finance	PROPN
ajfa-1990	94	5	&	&	CCONJ
ajfa-1990	94	6	accounting	accounting	PROPN
ajfa-1990	94	7	issn	issn	PROPN
ajfa-1990	94	8	1946	1946	NUM
ajfa-1990	94	9	-	-	PUNCT
ajfa-1990	94	10	052x	052x	NOUN
ajfa-1990	94	11	2012	2012	NUM
ajfa-1990	94	12	,	,	PUNCT
ajfa-1990	94	13	vol	vol	NOUN
ajfa-1990	94	14	.	.	PROPN
ajfa-1990	94	15	4	4	NUM
ajfa-1990	94	16	,	,	PUNCT
ajfa-1990	94	17	no	no	INTJ
ajfa-1990	94	18	.	.	NOUN
ajfa-1990	94	19	2	2	NUM
ajfa-1990	94	20	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-1990	94	21	205	205	NUM
ajfa-1990	94	22	3	3	NUM
ajfa-1990	94	23	.	.	PUNCT
ajfa-1990	95	1	data	datum	NOUN
ajfa-1990	95	2	and	and	CCONJ
ajfa-1990	95	3	methodology	methodology	NOUN
ajfa-1990	95	4	our	our	PRON
ajfa-1990	95	5	data	datum	NOUN
ajfa-1990	95	6	set	set	VERB
ajfa-1990	95	7	in	in	ADP
ajfa-1990	95	8	the	the	DET
ajfa-1990	95	9	study	study	NOUN
ajfa-1990	95	10	consists	consist	VERB
ajfa-1990	95	11	of	of	ADP
ajfa-1990	95	12	seven	seven	NUM
ajfa-1990	95	13	commodities	commodity	NOUN
ajfa-1990	95	14	namely	namely	ADV
ajfa-1990	95	15	guar	guar	NOUN
ajfa-1990	95	16	seeds	seed	NOUN
ajfa-1990	95	17	,	,	PUNCT
ajfa-1990	95	18	turmeric	turmeric	NOUN
ajfa-1990	95	19	,	,	PUNCT
ajfa-1990	95	20	soybean	soybean	NOUN
ajfa-1990	95	21	black	black	ADJ
ajfa-1990	95	22	pepper	pepper	NOUN
ajfa-1990	95	23	,	,	PUNCT
ajfa-1990	95	24	barley	barley	NOUN
ajfa-1990	95	25	,	,	PUNCT
ajfa-1990	95	26	maize	maize	NOUN
ajfa-1990	95	27	and	and	CCONJ
ajfa-1990	95	28	castor	castor	NOUN
ajfa-1990	95	29	seed	seed	NOUN
ajfa-1990	95	30	which	which	PRON
ajfa-1990	95	31	are	be	AUX
ajfa-1990	95	32	most	most	ADV
ajfa-1990	95	33	actively	actively	ADV
ajfa-1990	95	34	traded	trade	VERB
ajfa-1990	95	35	on	on	ADP
ajfa-1990	95	36	national	national	ADJ
ajfa-1990	95	37	commodity	commodity	NOUN
ajfa-1990	95	38	exchange	exchange	NOUN
ajfa-1990	95	39	(	(	PUNCT
ajfa-1990	95	40	ncdex).the	ncdex).the	DET
ajfa-1990	95	41	selection	selection	NOUN
ajfa-1990	95	42	of	of	ADP
ajfa-1990	95	43	agricultural	agricultural	ADJ
ajfa-1990	95	44	commodities	commodity	NOUN
ajfa-1990	95	45	have	have	AUX
ajfa-1990	95	46	been	be	AUX
ajfa-1990	95	47	done	do	VERB
ajfa-1990	95	48	because	because	SCONJ
ajfa-1990	95	49	of	of	ADP
ajfa-1990	95	50	the	the	DET
ajfa-1990	95	51	fact	fact	NOUN
ajfa-1990	95	52	that	that	SCONJ
ajfa-1990	95	53	there	there	PRON
ajfa-1990	95	54	are	be	VERB
ajfa-1990	95	55	serious	serious	ADJ
ajfa-1990	95	56	issues	issue	NOUN
ajfa-1990	95	57	relating	relate	VERB
ajfa-1990	95	58	to	to	ADP
ajfa-1990	95	59	these	these	DET
ajfa-1990	95	60	inflationary	inflationary	ADJ
ajfa-1990	95	61	pressures	pressure	NOUN
ajfa-1990	95	62	and	and	CCONJ
ajfa-1990	95	63	are	be	AUX
ajfa-1990	95	64	also	also	ADV
ajfa-1990	95	65	in	in	ADP
ajfa-1990	95	66	lime	lime	NOUN
ajfa-1990	95	67	light	light	NOUN
ajfa-1990	95	68	owing	owe	VERB
ajfa-1990	95	69	to	to	ADP
ajfa-1990	95	70	policy	policy	NOUN
ajfa-1990	95	71	debates	debate	NOUN
ajfa-1990	95	72	especially	especially	ADV
ajfa-1990	95	73	on	on	ADP
ajfa-1990	95	74	agricultural	agricultural	ADJ
ajfa-1990	95	75	commodities	commodity	NOUN
ajfa-1990	95	76	.	.	PUNCT
ajfa-1990	96	1	essential	essential	ADJ
ajfa-1990	96	2	commodities	commodity	NOUN
ajfa-1990	96	3	like	like	ADP
ajfa-1990	96	4	wheat	wheat	NOUN
ajfa-1990	96	5	and	and	CCONJ
ajfa-1990	96	6	rice	rice	NOUN
ajfa-1990	96	7	are	be	AUX
ajfa-1990	96	8	not	not	PART
ajfa-1990	96	9	a	a	DET
ajfa-1990	96	10	part	part	NOUN
ajfa-1990	96	11	of	of	ADP
ajfa-1990	96	12	the	the	DET
ajfa-1990	96	13	sample	sample	NOUN
ajfa-1990	96	14	as	as	SCONJ
ajfa-1990	96	15	structured	structure	VERB
ajfa-1990	96	16	time	time	NOUN
ajfa-1990	96	17	series	series	PROPN
ajfa-1990	96	18	data	datum	NOUN
ajfa-1990	96	19	relating	relate	VERB
ajfa-1990	96	20	to	to	ADP
ajfa-1990	96	21	these	these	DET
ajfa-1990	96	22	commodities	commodity	NOUN
ajfa-1990	96	23	was	be	AUX
ajfa-1990	96	24	not	not	PART
ajfa-1990	96	25	available	available	ADJ
ajfa-1990	96	26	as	as	SCONJ
ajfa-1990	96	27	they	they	PRON
ajfa-1990	96	28	were	be	AUX
ajfa-1990	96	29	banned	ban	VERB
ajfa-1990	96	30	because	because	SCONJ
ajfa-1990	96	31	of	of	ADP
ajfa-1990	96	32	inflationary	inflationary	ADJ
ajfa-1990	96	33	tendencies	tendency	NOUN
ajfa-1990	96	34	and	and	CCONJ
ajfa-1990	96	35	rest	rest	NOUN
ajfa-1990	96	36	of	of	ADP
ajfa-1990	96	37	the	the	DET
ajfa-1990	96	38	sample	sample	NOUN
ajfa-1990	96	39	commodities	commodity	NOUN
ajfa-1990	96	40	are	be	AUX
ajfa-1990	96	41	highly	highly	ADV
ajfa-1990	96	42	traded	trade	VERB
ajfa-1990	96	43	commodities	commodity	NOUN
ajfa-1990	96	44	on	on	ADP
ajfa-1990	96	45	the	the	DET
ajfa-1990	96	46	exchange	exchange	NOUN
ajfa-1990	96	47	hence	hence	ADV
ajfa-1990	96	48	are	be	AUX
ajfa-1990	96	49	a	a	DET
ajfa-1990	96	50	part	part	NOUN
ajfa-1990	96	51	of	of	ADP
ajfa-1990	96	52	our	our	PRON
ajfa-1990	96	53	sample	sample	NOUN
ajfa-1990	96	54	.	.	PUNCT
ajfa-1990	97	1	the	the	DET
ajfa-1990	97	2	period	period	NOUN
ajfa-1990	97	3	of	of	ADP
ajfa-1990	97	4	study	study	NOUN
ajfa-1990	97	5	is	be	AUX
ajfa-1990	97	6	from	from	ADP
ajfa-1990	97	7	april	april	PROPN
ajfa-1990	97	8	2004	2004	NUM
ajfa-1990	97	9	to	to	ADP
ajfa-1990	97	10	march	march	PROPN
ajfa-1990	97	11	2012	2012	NUM
ajfa-1990	97	12	however	however	ADV
ajfa-1990	97	13	data	datum	NOUN
ajfa-1990	97	14	period	period	NOUN
ajfa-1990	97	15	varies	vary	VERB
ajfa-1990	97	16	across	across	ADP
ajfa-1990	97	17	commodities	commodity	NOUN
ajfa-1990	97	18	owing	owe	VERB
ajfa-1990	97	19	to	to	ADP
ajfa-1990	97	20	their	their	PRON
ajfa-1990	97	21	late	late	ADJ
ajfa-1990	97	22	introduction	introduction	NOUN
ajfa-1990	97	23	on	on	ADP
ajfa-1990	97	24	trading	trading	NOUN
ajfa-1990	97	25	exchanges	exchange	NOUN
ajfa-1990	97	26	and	and	CCONJ
ajfa-1990	97	27	the	the	DET
ajfa-1990	97	28	fact	fact	NOUN
ajfa-1990	97	29	that	that	SCONJ
ajfa-1990	97	30	some	some	DET
ajfa-1990	97	31	agricultural	agricultural	ADJ
ajfa-1990	97	32	commodities	commodity	NOUN
ajfa-1990	97	33	were	be	AUX
ajfa-1990	97	34	banned	ban	VERB
ajfa-1990	97	35	from	from	ADP
ajfa-1990	97	36	trading	trade	VERB
ajfa-1990	97	37	for	for	ADP
ajfa-1990	97	38	a	a	DET
ajfa-1990	97	39	certain	certain	ADJ
ajfa-1990	97	40	period	period	NOUN
ajfa-1990	97	41	to	to	PART
ajfa-1990	97	42	curb	curb	VERB
ajfa-1990	97	43	speculative	speculative	ADJ
ajfa-1990	97	44	impacts	impact	NOUN
ajfa-1990	97	45	which	which	PRON
ajfa-1990	97	46	according	accord	VERB
ajfa-1990	97	47	to	to	ADP
ajfa-1990	97	48	policy	policy	NOUN
ajfa-1990	97	49	makers	maker	NOUN
ajfa-1990	97	50	could	could	AUX
ajfa-1990	97	51	have	have	AUX
ajfa-1990	97	52	triggered	trigger	VERB
ajfa-1990	97	53	high	high	ADJ
ajfa-1990	97	54	inflation	inflation	NOUN
ajfa-1990	97	55	.	.	PUNCT
ajfa-1990	98	1	the	the	DET
ajfa-1990	98	2	data	data	NOUN
ajfa-1990	98	3	comprises	comprise	NOUN
ajfa-1990	98	4	of	of	ADP
ajfa-1990	98	5	daily	daily	ADJ
ajfa-1990	98	6	closing	closing	NOUN
ajfa-1990	98	7	spot	spot	NOUN
ajfa-1990	98	8	and	and	CCONJ
ajfa-1990	98	9	futures	future	NOUN
ajfa-1990	98	10	prices	price	NOUN
ajfa-1990	98	11	of	of	ADP
ajfa-1990	98	12	the	the	DET
ajfa-1990	98	13	sample	sample	NOUN
ajfa-1990	98	14	commodities	commodity	NOUN
ajfa-1990	98	15	.	.	PUNCT
ajfa-1990	99	1	natural	natural	ADJ
ajfa-1990	99	2	logarithm	logarithm	NOUN
ajfa-1990	99	3	of	of	ADP
ajfa-1990	99	4	daily	daily	ADJ
ajfa-1990	99	5	prices	price	NOUN
ajfa-1990	99	6	is	be	AUX
ajfa-1990	99	7	taken	take	VERB
ajfa-1990	99	8	to	to	PART
ajfa-1990	99	9	minimize	minimize	VERB
ajfa-1990	99	10	the	the	DET
ajfa-1990	99	11	heteroscedasticity	heteroscedasticity	NOUN
ajfa-1990	99	12	in	in	ADP
ajfa-1990	99	13	data	data	PROPN
ajfa-1990	99	14	.	.	PUNCT
ajfa-1990	100	1	the	the	DET
ajfa-1990	100	2	daily	daily	ADJ
ajfa-1990	100	3	spot	spot	NOUN
ajfa-1990	100	4	returns	return	NOUN
ajfa-1990	100	5	are	be	AUX
ajfa-1990	100	6	constructed	construct	VERB
ajfa-1990	100	7	from	from	ADP
ajfa-1990	100	8	the	the	DET
ajfa-1990	100	9	spot	spot	NOUN
ajfa-1990	100	10	price	price	NOUN
ajfa-1990	100	11	data	datum	NOUN
ajfa-1990	100	12	as	as	ADP
ajfa-1990	100	13	log	log	NOUN
ajfa-1990	100	14	(	(	PUNCT
ajfa-1990	100	15	ps	ps	PROPN
ajfa-1990	100	16	,	,	PUNCT
ajfa-1990	100	17	t	t	PROPN
ajfa-1990	100	18	/	/	SYM
ajfa-1990	100	19	ps	ps	PROPN
ajfa-1990	100	20	,	,	PUNCT
ajfa-1990	100	21	t-1	t-1	PROPN
ajfa-1990	100	22	)	)	PUNCT
ajfa-1990	100	23	,	,	PUNCT
ajfa-1990	100	24	where	where	SCONJ
ajfa-1990	100	25	ps	ps	PROPN
ajfa-1990	100	26	,	,	PUNCT
ajfa-1990	100	27	t	t	PROPN
ajfa-1990	100	28	is	be	AUX
ajfa-1990	100	29	the	the	DET
ajfa-1990	100	30	spot	spot	NOUN
ajfa-1990	100	31	price	price	NOUN
ajfa-1990	100	32	at	at	ADP
ajfa-1990	100	33	time	time	NOUN
ajfa-1990	100	34	t.	t.	NOUN
ajfa-1990	100	35	these	these	DET
ajfa-1990	100	36	commodities	commodity	NOUN
ajfa-1990	100	37	are	be	AUX
ajfa-1990	100	38	applied	apply	VERB
ajfa-1990	100	39	to	to	PART
ajfa-1990	100	40	examine	examine	VERB
ajfa-1990	100	41	the	the	DET
ajfa-1990	100	42	aggregate	aggregate	ADJ
ajfa-1990	100	43	behaviour	behaviour	NOUN
ajfa-1990	100	44	of	of	ADP
ajfa-1990	100	45	commodities	commodity	NOUN
ajfa-1990	100	46	with	with	ADP
ajfa-1990	100	47	regards	regard	NOUN
ajfa-1990	100	48	to	to	ADP
ajfa-1990	100	49	destabilisation	destabilisation	NOUN
ajfa-1990	100	50	effects	effect	NOUN
ajfa-1990	100	51	.	.	PUNCT
ajfa-1990	101	1	the	the	DET
ajfa-1990	101	2	description	description	NOUN
ajfa-1990	101	3	of	of	ADP
ajfa-1990	101	4	data	datum	NOUN
ajfa-1990	101	5	is	be	AUX
ajfa-1990	101	6	described	describe	VERB
ajfa-1990	101	7	in	in	ADP
ajfa-1990	101	8	table	table	NOUN
ajfa-1990	101	9	1	1	NUM
ajfa-1990	101	10	:	:	PUNCT
ajfa-1990	101	11	table	table	NOUN
ajfa-1990	101	12	1	1	NUM
ajfa-1990	101	13	.	.	PUNCT
ajfa-1990	101	14	description	description	NOUN
ajfa-1990	101	15	of	of	ADP
ajfa-1990	101	16	agricultural	agricultural	ADJ
ajfa-1990	101	17	commodities	commodity	NOUN
ajfa-1990	101	18	taken	take	VERB
ajfa-1990	101	19	in	in	ADP
ajfa-1990	101	20	sample	sample	NOUN
ajfa-1990	101	21	agri	agri	NOUN
ajfa-1990	101	22	commodities	commodity	NOUN
ajfa-1990	101	23	data	datum	NOUN
ajfa-1990	101	24	-	-	PUNCT
ajfa-1990	101	25	periods	period	NOUN
ajfa-1990	101	26	future	future	ADJ
ajfa-1990	101	27	market	market	NOUN
ajfa-1990	101	28	(	(	PUNCT
ajfa-1990	101	29	source	source	NOUN
ajfa-1990	101	30	)	)	PUNCT
ajfa-1990	101	31	guarseed	guarseed	VERB
ajfa-1990	101	32	13	13	NUM
ajfa-1990	101	33	-	-	PUNCT
ajfa-1990	101	34	04	04	NUM
ajfa-1990	101	35	-	-	PUNCT
ajfa-1990	101	36	2004	2004	NUM
ajfa-1990	101	37	to	to	ADP
ajfa-1990	101	38	10/20/2012	10/20/2012	NUM
ajfa-1990	101	39	ncdex	ncdex	NOUN
ajfa-1990	101	40	turmeric	turmeric	NOUN
ajfa-1990	101	41	,	,	PUNCT
ajfa-1990	101	42	13	13	NUM
ajfa-1990	101	43	-	-	PUNCT
ajfa-1990	101	44	04	04	NUM
ajfa-1990	101	45	-	-	PUNCT
ajfa-1990	101	46	2004	2004	NUM
ajfa-1990	101	47	to	to	ADP
ajfa-1990	101	48	10/20/2012	10/20/2012	NUM
ajfa-1990	101	49	ncdex	ncdex	NOUN
ajfa-1990	101	50	soybean	soybean	NOUN
ajfa-1990	101	51	1	1	NUM
ajfa-1990	101	52	-	-	SYM
ajfa-1990	101	53	09	09	NUM
ajfa-1990	101	54	-	-	PUNCT
ajfa-1990	101	55	2004	2004	NUM
ajfa-1990	101	56	to	to	ADP
ajfa-1990	101	57	10/20/2012	10/20/2012	NUM
ajfa-1990	101	58	ncdex	ncdex	NOUN
ajfa-1990	101	59	black	black	NOUN
ajfa-1990	101	60	-	-	PUNCT
ajfa-1990	101	61	pepper	pepper	NOUN
ajfa-1990	101	62	13	13	NUM
ajfa-1990	101	63	-	-	PUNCT
ajfa-1990	101	64	04	04	NUM
ajfa-1990	101	65	-	-	PUNCT
ajfa-1990	101	66	2004	2004	NUM
ajfa-1990	101	67	to	to	ADP
ajfa-1990	101	68	9/19/2012	9/19/2012	NUM
ajfa-1990	101	69	ncdex	ncdex	NOUN
ajfa-1990	101	70	barley	barley	NOUN
ajfa-1990	101	71	13	13	NUM
ajfa-1990	101	72	-	-	PUNCT
ajfa-1990	101	73	04	04	NUM
ajfa-1990	101	74	-	-	PUNCT
ajfa-1990	101	75	2004	2004	NUM
ajfa-1990	101	76	to	to	ADP
ajfa-1990	101	77	9/19/2012	9/19/2012	NUM
ajfa-1990	101	78	ncdex	ncdex	NOUN
ajfa-1990	101	79	maize	maize	NOUN
ajfa-1990	101	80	1	1	NUM
ajfa-1990	101	81	-	-	SYM
ajfa-1990	101	82	5	5	NUM
ajfa-1990	101	83	-	-	NUM
ajfa-1990	101	84	2005	2005	NUM
ajfa-1990	101	85	to	to	ADP
ajfa-1990	101	86	9/19/2012	9/19/2012	NUM
ajfa-1990	101	87	ncdex	ncdex	NOUN
ajfa-1990	101	88	castor	castor	NOUN
ajfa-1990	101	89	seed	seed	NOUN
ajfa-1990	101	90	21	21	NUM
ajfa-1990	101	91	-	-	SYM
ajfa-1990	101	92	9	9	NUM
ajfa-1990	101	93	-	-	PUNCT
ajfa-1990	101	94	2004	2004	NUM
ajfa-1990	101	95	to	to	ADP
ajfa-1990	101	96	9/19/2012	9/19/2012	NUM
ajfa-1990	101	97	ncdex	ncdex	NOUN
ajfa-1990	101	98	the	the	DET
ajfa-1990	101	99	table	table	NOUN
ajfa-1990	101	100	shows	show	VERB
ajfa-1990	101	101	the	the	DET
ajfa-1990	101	102	sample	sample	NOUN
ajfa-1990	101	103	commodities	commodity	NOUN
ajfa-1990	101	104	used	use	VERB
ajfa-1990	101	105	in	in	ADP
ajfa-1990	101	106	the	the	DET
ajfa-1990	101	107	study	study	NOUN
ajfa-1990	101	108	.	.	PUNCT
ajfa-1990	102	1	the	the	DET
ajfa-1990	102	2	period	period	NOUN
ajfa-1990	102	3	of	of	ADP
ajfa-1990	102	4	study	study	NOUN
ajfa-1990	102	5	is	be	AUX
ajfa-1990	102	6	from	from	ADP
ajfa-1990	102	7	april	april	PROPN
ajfa-1990	102	8	2004	2004	NUM
ajfa-1990	102	9	-	-	PUNCT
ajfa-1990	102	10	to	to	ADP
ajfa-1990	102	11	march	march	PROPN
ajfa-1990	102	12	2012	2012	NUM
ajfa-1990	102	13	however	however	ADV
ajfa-1990	102	14	the	the	DET
ajfa-1990	102	15	data	data	NOUN
ajfa-1990	102	16	period	period	NOUN
ajfa-1990	102	17	varies	vary	VERB
ajfa-1990	102	18	across	across	ADP
ajfa-1990	102	19	commodities	commodity	NOUN
ajfa-1990	102	20	.	.	PUNCT
ajfa-1990	103	1	the	the	DET
ajfa-1990	103	2	sample	sample	NOUN
ajfa-1990	103	3	consists	consist	VERB
ajfa-1990	103	4	of	of	ADP
ajfa-1990	103	5	five	five	NUM
ajfa-1990	103	6	agricultural	agricultural	ADJ
ajfa-1990	103	7	commodities	commodity	NOUN
ajfa-1990	103	8	which	which	PRON
ajfa-1990	103	9	are	be	AUX
ajfa-1990	103	10	traded	trade	VERB
ajfa-1990	103	11	on	on	ADP
ajfa-1990	103	12	ncdex	ncdex	NOUN
ajfa-1990	103	13	.	.	PUNCT
ajfa-1990	104	1	given	give	VERB
ajfa-1990	104	2	the	the	DET
ajfa-1990	104	3	nature	nature	NOUN
ajfa-1990	104	4	of	of	ADP
ajfa-1990	104	5	the	the	DET
ajfa-1990	104	6	problem	problem	NOUN
ajfa-1990	104	7	and	and	CCONJ
ajfa-1990	104	8	the	the	DET
ajfa-1990	104	9	quantum	quantum	NOUN
ajfa-1990	104	10	of	of	ADP
ajfa-1990	104	11	data	datum	NOUN
ajfa-1990	104	12	,	,	PUNCT
ajfa-1990	104	13	we	we	PRON
ajfa-1990	104	14	first	first	ADV
ajfa-1990	104	15	study	study	VERB
ajfa-1990	104	16	the	the	DET
ajfa-1990	104	17	data	data	NOUN
ajfa-1990	104	18	properties	property	NOUN
ajfa-1990	104	19	from	from	ADP
ajfa-1990	104	20	an	an	DET
ajfa-1990	104	21	econometric	econometric	ADJ
ajfa-1990	104	22	perspective	perspective	NOUN
ajfa-1990	104	23	.	.	PUNCT
ajfa-1990	105	1	the	the	DET
ajfa-1990	105	2	time	time	NOUN
ajfa-1990	105	3	series	series	PROPN
ajfa-1990	105	4	stationarity	stationarity	NOUN
ajfa-1990	105	5	of	of	ADP
ajfa-1990	105	6	sample	sample	NOUN
ajfa-1990	105	7	price	price	NOUN
ajfa-1990	105	8	series	series	NOUN
ajfa-1990	105	9	has	have	AUX
ajfa-1990	105	10	been	be	AUX
ajfa-1990	105	11	tested	test	VERB
ajfa-1990	105	12	using	use	VERB
ajfa-1990	105	13	augmented	augment	VERB
ajfa-1990	105	14	dickey	dickey	PROPN
ajfa-1990	105	15	fuller	full	ADJ
ajfa-1990	105	16	(	(	PUNCT
ajfa-1990	105	17	adf	adf	NOUN
ajfa-1990	105	18	)	)	PUNCT
ajfa-1990	105	19	1981	1981	NUM
ajfa-1990	105	20	.	.	PUNCT
ajfa-1990	106	1	the	the	DET
ajfa-1990	106	2	adf	adf	PROPN
ajfa-1990	106	3	test	test	NOUN
ajfa-1990	106	4	uses	use	VERB
ajfa-1990	106	5	the	the	DET
ajfa-1990	106	6	existence	existence	NOUN
ajfa-1990	106	7	of	of	ADP
ajfa-1990	106	8	a	a	DET
ajfa-1990	106	9	unit	unit	NOUN
ajfa-1990	106	10	root	root	NOUN
ajfa-1990	106	11	as	as	ADP
ajfa-1990	106	12	the	the	DET
ajfa-1990	106	13	null	null	ADJ
ajfa-1990	106	14	hypothesis	hypothesis	NOUN
ajfa-1990	106	15	.	.	PUNCT
ajfa-1990	107	1	to	to	PART
ajfa-1990	107	2	double	double	VERB
ajfa-1990	107	3	check	check	VERB
ajfa-1990	107	4	the	the	DET
ajfa-1990	107	5	robustness	robustness	NOUN
ajfa-1990	107	6	of	of	ADP
ajfa-1990	107	7	the	the	DET
ajfa-1990	107	8	results	result	NOUN
ajfa-1990	107	9	,	,	PUNCT
ajfa-1990	107	10	phillips	phillip	NOUN
ajfa-1990	107	11	and	and	CCONJ
ajfa-1990	107	12	perron	perron	PROPN
ajfa-1990	107	13	(	(	PUNCT
ajfa-1990	107	14	1988	1988	NUM
ajfa-1990	107	15	)	)	PUNCT
ajfa-1990	107	16	test	test	NOUN
ajfa-1990	107	17	of	of	ADP
ajfa-1990	107	18	stationarity	stationarity	NOUN
ajfa-1990	107	19	has	have	AUX
ajfa-1990	107	20	also	also	ADV
ajfa-1990	107	21	been	be	AUX
ajfa-1990	107	22	performed	perform	VERB
ajfa-1990	107	23	for	for	ADP
ajfa-1990	107	24	the	the	DET
ajfa-1990	107	25	series	series	NOUN
ajfa-1990	107	26	.	.	PUNCT
ajfa-1990	108	1	in	in	ADP
ajfa-1990	108	2	this	this	DET
ajfa-1990	108	3	work	work	NOUN
ajfa-1990	108	4	,	,	PUNCT
ajfa-1990	108	5	the	the	DET
ajfa-1990	108	6	issues	issue	NOUN
ajfa-1990	108	7	have	have	AUX
ajfa-1990	108	8	been	be	AUX
ajfa-1990	108	9	addressed	address	VERB
ajfa-1990	108	10	through	through	ADP
ajfa-1990	108	11	both	both	CCONJ
ajfa-1990	108	12	contemporaneous	contemporaneous	ADJ
ajfa-1990	108	13	as	as	ADV
ajfa-1990	108	14	well	well	ADV
ajfa-1990	108	15	as	as	ADP
ajfa-1990	108	16	dynamic	dynamic	ADJ
ajfa-1990	108	17	relationship	relationship	NOUN
ajfa-1990	108	18	between	between	ADP
ajfa-1990	108	19	spot	spot	NOUN
ajfa-1990	108	20	asian	asian	ADJ
ajfa-1990	108	21	journal	journal	NOUN
ajfa-1990	108	22	of	of	ADP
ajfa-1990	108	23	finance	finance	PROPN
ajfa-1990	108	24	&	&	CCONJ
ajfa-1990	108	25	accounting	accounting	PROPN
ajfa-1990	108	26	issn	issn	PROPN
ajfa-1990	108	27	1946	1946	NUM
ajfa-1990	108	28	-	-	PUNCT
ajfa-1990	108	29	052x	052x	NOUN
ajfa-1990	108	30	2012	2012	NUM
ajfa-1990	108	31	,	,	PUNCT
ajfa-1990	108	32	vol	vol	NOUN
ajfa-1990	108	33	.	.	PROPN
ajfa-1990	109	1	4	4	NUM
ajfa-1990	109	2	,	,	PUNCT
ajfa-1990	109	3	no	no	INTJ
ajfa-1990	109	4	.	.	NOUN
ajfa-1990	109	5	2	2	NUM
ajfa-1990	109	6	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-1990	109	7	206	206	NUM
ajfa-1990	109	8	price	price	NOUN
ajfa-1990	109	9	volatility	volatility	NOUN
ajfa-1990	109	10	and	and	CCONJ
ajfa-1990	109	11	futures	future	NOUN
ajfa-1990	109	12	trading	trading	NOUN
ajfa-1990	109	13	activity	activity	NOUN
ajfa-1990	109	14	.	.	PUNCT
ajfa-1990	110	1	following	follow	VERB
ajfa-1990	110	2	bessembinder	bessembinder	PROPN
ajfa-1990	110	3	&	&	CCONJ
ajfa-1990	110	4	seguin	seguin	PROPN
ajfa-1990	110	5	,	,	PUNCT
ajfa-1990	110	6	(	(	PUNCT
ajfa-1990	110	7	1992	1992	NUM
ajfa-1990	110	8	)	)	PUNCT
ajfa-1990	110	9	,	,	PUNCT
ajfa-1990	110	10	we	we	PRON
ajfa-1990	110	11	decompose	decompose	VERB
ajfa-1990	110	12	the	the	DET
ajfa-1990	110	13	futures	future	NOUN
ajfa-1990	110	14	volume	volume	NOUN
ajfa-1990	110	15	into	into	ADP
ajfa-1990	110	16	expected	expect	VERB
ajfa-1990	110	17	and	and	CCONJ
ajfa-1990	110	18	unexpected	unexpected	ADJ
ajfa-1990	110	19	components	component	NOUN
ajfa-1990	110	20	using	use	VERB
ajfa-1990	110	21	hodrick	hodrick	NOUN
ajfa-1990	110	22	–	–	PUNCT
ajfa-1990	110	23	prescott	prescott	NOUN
ajfa-1990	110	24	filter	filter	NOUN
ajfa-1990	110	25	(	(	PUNCT
ajfa-1990	110	26	hp	hp	NOUN
ajfa-1990	110	27	filter	filter	NOUN
ajfa-1990	110	28	)	)	PUNCT
ajfa-1990	110	29	.	.	PUNCT
ajfa-1990	111	1	to	to	PART
ajfa-1990	111	2	clearly	clearly	ADV
ajfa-1990	111	3	understand	understand	VERB
ajfa-1990	111	4	the	the	DET
ajfa-1990	111	5	destabilization	destabilization	NOUN
ajfa-1990	111	6	effect	effect	NOUN
ajfa-1990	111	7	,	,	PUNCT
ajfa-1990	111	8	the	the	DET
ajfa-1990	111	9	relationship	relationship	NOUN
ajfa-1990	111	10	of	of	ADP
ajfa-1990	111	11	the	the	DET
ajfa-1990	111	12	unexpected	unexpected	ADJ
ajfa-1990	111	13	liquidity	liquidity	NOUN
ajfa-1990	111	14	of	of	ADP
ajfa-1990	111	15	futures	future	NOUN
ajfa-1990	111	16	market	market	NOUN
ajfa-1990	111	17	is	be	AUX
ajfa-1990	111	18	done	do	VERB
ajfa-1990	111	19	with	with	ADP
ajfa-1990	111	20	unexpected	unexpected	ADJ
ajfa-1990	111	21	volatility	volatility	NOUN
ajfa-1990	111	22	of	of	ADP
ajfa-1990	111	23	spot	spot	NOUN
ajfa-1990	111	24	market	market	NOUN
ajfa-1990	111	25	returns	return	NOUN
ajfa-1990	111	26	which	which	PRON
ajfa-1990	111	27	is	be	AUX
ajfa-1990	111	28	estimated	estimate	VERB
ajfa-1990	111	29	by	by	ADP
ajfa-1990	111	30	taking	take	VERB
ajfa-1990	111	31	the	the	DET
ajfa-1990	111	32	residuals	residual	NOUN
ajfa-1990	111	33	of	of	ADP
ajfa-1990	111	34	the	the	DET
ajfa-1990	111	35	garch	garch	NOUN
ajfa-1990	111	36	model.firstly	model.firstly	ADV
ajfa-1990	111	37	we	we	PRON
ajfa-1990	111	38	test	test	VERB
ajfa-1990	111	39	that	that	SCONJ
ajfa-1990	111	40	whether	whether	SCONJ
ajfa-1990	111	41	futures	future	NOUN
ajfa-1990	111	42	trading	trading	NOUN
ajfa-1990	111	43	volume	volume	NOUN
ajfa-1990	111	44	unexpected	unexpected	ADJ
ajfa-1990	111	45	)	)	PUNCT
ajfa-1990	111	46	affect	affect	VERB
ajfa-1990	111	47	the	the	DET
ajfa-1990	111	48	conditional	conditional	ADJ
ajfa-1990	111	49	spot	spot	NOUN
ajfa-1990	111	50	price	price	NOUN
ajfa-1990	111	51	volatility	volatility	NOUN
ajfa-1990	111	52	contemporaneously	contemporaneously	ADV
ajfa-1990	111	53	.the	.the	DET
ajfa-1990	111	54	contemporaneous	contemporaneous	ADJ
ajfa-1990	111	55	relationship	relationship	NOUN
ajfa-1990	111	56	is	be	AUX
ajfa-1990	111	57	tested	test	VERB
ajfa-1990	111	58	by	by	ADP
ajfa-1990	111	59	garch	garch	NOUN
ajfa-1990	111	60	model	model	NOUN
ajfa-1990	111	61	.	.	PUNCT
ajfa-1990	112	1	then	then	ADV
ajfa-1990	112	2	granger	granger	PROPN
ajfa-1990	112	3	causality	causality	PROPN
ajfa-1990	112	4	test	test	NOUN
ajfa-1990	112	5	is	be	AUX
ajfa-1990	112	6	done	do	VERB
ajfa-1990	112	7	to	to	PART
ajfa-1990	112	8	understand	understand	VERB
ajfa-1990	112	9	the	the	DET
ajfa-1990	112	10	causal	causal	ADJ
ajfa-1990	112	11	relationship	relationship	NOUN
ajfa-1990	112	12	of	of	ADP
ajfa-1990	112	13	futures	future	NOUN
ajfa-1990	112	14	and	and	CCONJ
ajfa-1990	112	15	spot	spot	NOUN
ajfa-1990	112	16	i.e.	i.e.	X
ajfa-1990	112	17	lead	lead	NOUN
ajfa-1990	112	18	lag	lag	VERB
ajfa-1990	112	19	i.e.	i.e.	X
ajfa-1990	112	20	to	to	PART
ajfa-1990	112	21	have	have	VERB
ajfa-1990	112	22	a	a	DET
ajfa-1990	112	23	clear	clear	ADJ
ajfa-1990	112	24	understanding	understanding	NOUN
ajfa-1990	112	25	whether	whether	SCONJ
ajfa-1990	112	26	futures	future	NOUN
ajfa-1990	112	27	trading	trading	NOUN
ajfa-1990	112	28	is	be	AUX
ajfa-1990	112	29	leading	lead	VERB
ajfa-1990	112	30	to	to	PART
ajfa-1990	112	31	rise	rise	VERB
ajfa-1990	112	32	in	in	ADP
ajfa-1990	112	33	spot	spot	NOUN
ajfa-1990	112	34	price	price	NOUN
ajfa-1990	112	35	volatility	volatility	NOUN
ajfa-1990	112	36	or	or	CCONJ
ajfa-1990	112	37	vice	vice	NOUN
ajfa-1990	112	38	-	-	NOUN
ajfa-1990	112	39	versa	versa	NOUN
ajfa-1990	112	40	.	.	PUNCT
ajfa-1990	113	1	the	the	DET
ajfa-1990	113	2	hodrick	hodrick	ADJ
ajfa-1990	113	3	–	–	PUNCT
ajfa-1990	113	4	prescott	prescott	NOUN
ajfa-1990	113	5	filter	filter	NOUN
ajfa-1990	113	6	(	(	PUNCT
ajfa-1990	113	7	hp	hp	NOUN
ajfa-1990	113	8	filter	filter	NOUN
ajfa-1990	113	9	)	)	PUNCT
ajfa-1990	113	10	the	the	DET
ajfa-1990	113	11	paper	paper	NOUN
ajfa-1990	113	12	uses	use	VERB
ajfa-1990	113	13	hp	hp	ADJ
ajfa-1990	113	14	filter	filter	NOUN
ajfa-1990	113	15	to	to	PART
ajfa-1990	113	16	decompose	decompose	VERB
ajfa-1990	113	17	the	the	DET
ajfa-1990	113	18	study	study	NOUN
ajfa-1990	113	19	series	series	NOUN
ajfa-1990	113	20	into	into	ADP
ajfa-1990	113	21	expected	expect	VERB
ajfa-1990	113	22	and	and	CCONJ
ajfa-1990	113	23	unexpected	unexpected	ADJ
ajfa-1990	113	24	components	component	NOUN
ajfa-1990	113	25	.	.	PUNCT
ajfa-1990	114	1	like	like	ADP
ajfa-1990	114	2	any	any	DET
ajfa-1990	114	3	agricultural	agricultural	ADJ
ajfa-1990	114	4	product	product	NOUN
ajfa-1990	114	5	,	,	PUNCT
ajfa-1990	114	6	the	the	DET
ajfa-1990	114	7	commodities	commodity	NOUN
ajfa-1990	114	8	under	under	ADP
ajfa-1990	114	9	our	our	PRON
ajfa-1990	114	10	study	study	NOUN
ajfa-1990	114	11	face	face	NOUN
ajfa-1990	114	12	seasonal	seasonal	ADJ
ajfa-1990	114	13	/	/	SYM
ajfa-1990	114	14	cyclical	cyclical	ADJ
ajfa-1990	114	15	fluctuations	fluctuation	NOUN
ajfa-1990	114	16	.	.	PUNCT
ajfa-1990	115	1	the	the	DET
ajfa-1990	115	2	hodrick	hodrick	ADJ
ajfa-1990	115	3	-	-	PUNCT
ajfa-1990	115	4	prescott	prescott	NOUN
ajfa-1990	115	5	filter	filter	NOUN
ajfa-1990	115	6	methodology	methodology	NOUN
ajfa-1990	115	7	was	be	AUX
ajfa-1990	115	8	used	use	VERB
ajfa-1990	115	9	to	to	PART
ajfa-1990	115	10	filter	filter	VERB
ajfa-1990	115	11	out	out	ADP
ajfa-1990	115	12	the	the	DET
ajfa-1990	115	13	transitory	transitory	ADJ
ajfa-1990	115	14	components	component	NOUN
ajfa-1990	115	15	of	of	ADP
ajfa-1990	115	16	the	the	DET
ajfa-1990	115	17	fundamental	fundamental	ADJ
ajfa-1990	115	18	series	series	NOUN
ajfa-1990	115	19	.	.	PUNCT
ajfa-1990	116	1	this	this	PRON
ajfa-1990	116	2	is	be	AUX
ajfa-1990	116	3	used	use	VERB
ajfa-1990	116	4	to	to	PART
ajfa-1990	116	5	decompose	decompose	VERB
ajfa-1990	116	6	the	the	DET
ajfa-1990	116	7	variables	variable	NOUN
ajfa-1990	116	8	in	in	ADP
ajfa-1990	116	9	the	the	DET
ajfa-1990	116	10	prices	price	NOUN
ajfa-1990	116	11	into	into	ADP
ajfa-1990	116	12	trend	trend	NOUN
ajfa-1990	116	13	and	and	CCONJ
ajfa-1990	116	14	stationary	stationary	ADJ
ajfa-1990	116	15	components	component	NOUN
ajfa-1990	116	16	,	,	PUNCT
ajfa-1990	116	17	which	which	PRON
ajfa-1990	116	18	are	be	AUX
ajfa-1990	116	19	respectively	respectively	ADV
ajfa-1990	116	20	induced	induce	VERB
ajfa-1990	116	21	by	by	ADP
ajfa-1990	116	22	real	real	ADJ
ajfa-1990	116	23	and	and	CCONJ
ajfa-1990	116	24	nominal	nominal	ADJ
ajfa-1990	116	25	shocks	shock	NOUN
ajfa-1990	116	26	.	.	PUNCT
ajfa-1990	117	1	the	the	DET
ajfa-1990	117	2	technique	technique	NOUN
ajfa-1990	117	3	suggests	suggest	VERB
ajfa-1990	117	4	that	that	SCONJ
ajfa-1990	117	5	the	the	DET
ajfa-1990	117	6	real	real	ADJ
ajfa-1990	117	7	shocks	shock	NOUN
ajfa-1990	117	8	cause	cause	VERB
ajfa-1990	117	9	permanent	permanent	ADJ
ajfa-1990	117	10	changes	change	NOUN
ajfa-1990	117	11	in	in	ADP
ajfa-1990	117	12	prices	price	NOUN
ajfa-1990	117	13	whereas	whereas	SCONJ
ajfa-1990	117	14	nominal	nominal	ADJ
ajfa-1990	117	15	shocks	shock	NOUN
ajfa-1990	117	16	only	only	ADV
ajfa-1990	117	17	cause	cause	VERB
ajfa-1990	117	18	temporary	temporary	ADJ
ajfa-1990	117	19	effects	effect	NOUN
ajfa-1990	117	20	on	on	ADP
ajfa-1990	117	21	the	the	DET
ajfa-1990	117	22	real	real	ADJ
ajfa-1990	117	23	prices	price	NOUN
ajfa-1990	117	24	.	.	PUNCT
ajfa-1990	118	1	it	it	PRON
ajfa-1990	118	2	is	be	AUX
ajfa-1990	118	3	thus	thus	ADV
ajfa-1990	118	4	supposed	suppose	VERB
ajfa-1990	118	5	that	that	SCONJ
ajfa-1990	118	6	if	if	SCONJ
ajfa-1990	118	7	one	one	PRON
ajfa-1990	118	8	can	can	AUX
ajfa-1990	118	9	observe	observe	VERB
ajfa-1990	118	10	the	the	DET
ajfa-1990	118	11	values	value	NOUN
ajfa-1990	118	12	of	of	ADP
ajfa-1990	118	13	a	a	DET
ajfa-1990	118	14	series	series	NOUN
ajfa-1990	118	15	yt	yt	VERB
ajfa-1990	118	16	through	through	ADP
ajfa-1990	118	17	yt	yt	NOUN
ajfa-1990	118	18	and	and	CCONJ
ajfa-1990	118	19	it	it	PRON
ajfa-1990	118	20	is	be	AUX
ajfa-1990	118	21	possible	possible	ADJ
ajfa-1990	118	22	to	to	PART
ajfa-1990	118	23	decompose	decompose	VERB
ajfa-1990	118	24	the	the	DET
ajfa-1990	118	25	series	series	NOUN
ajfa-1990	118	26	into	into	ADP
ajfa-1990	118	27	a	a	DET
ajfa-1990	118	28	trend	trend	NOUN
ajfa-1990	118	29	(	(	PUNCT
ajfa-1990	118	30	μt	μt	NOUN
ajfa-1990	118	31	)	)	PUNCT
ajfa-1990	118	32	and	and	CCONJ
ajfa-1990	118	33	a	a	DET
ajfa-1990	118	34	stationary	stationary	ADJ
ajfa-1990	118	35	component	component	NOUN
ajfa-1990	118	36	yt	yt	NOUN
ajfa-1990	118	37	μt	μt	NOUN
ajfa-1990	118	38	,	,	PUNCT
ajfa-1990	118	39	one	one	PRON
ajfa-1990	118	40	can	can	AUX
ajfa-1990	118	41	solve	solve	VERB
ajfa-1990	118	42	a	a	DET
ajfa-1990	118	43	minimisation	minimisation	NOUN
ajfa-1990	118	44	problem	problem	NOUN
ajfa-1990	118	45	for	for	ADP
ajfa-1990	118	46	the	the	DET
ajfa-1990	118	47	deviation	deviation	NOUN
ajfa-1990	118	48	of	of	ADP
ajfa-1990	118	49	yt	yt	NUM
ajfa-1990	118	50	from	from	ADP
ajfa-1990	118	51	μt	μt	PROPN
ajfa-1990	118	52	.	.	PUNCT
ajfa-1990	119	1	the	the	DET
ajfa-1990	119	2	hp	hp	PROPN
ajfa-1990	119	3	filter	filter	NOUN
ajfa-1990	119	4	is	be	AUX
ajfa-1990	119	5	a	a	DET
ajfa-1990	119	6	tool	tool	NOUN
ajfa-1990	119	7	and	and	CCONJ
ajfa-1990	119	8	provides	provide	VERB
ajfa-1990	119	9	an	an	DET
ajfa-1990	119	10	estimate	estimate	NOUN
ajfa-1990	119	11	of	of	ADP
ajfa-1990	119	12	the	the	DET
ajfa-1990	119	13	unobserved	unobserved	ADJ
ajfa-1990	119	14	variable	variable	NOUN
ajfa-1990	119	15	(	(	PUNCT
ajfa-1990	119	16	trend	trend	NOUN
ajfa-1990	119	17	)	)	PUNCT
ajfa-1990	119	18	as	as	ADP
ajfa-1990	119	19	the	the	DET
ajfa-1990	119	20	solution	solution	NOUN
ajfa-1990	119	21	to	to	ADP
ajfa-1990	119	22	the	the	DET
ajfa-1990	119	23	following	follow	VERB
ajfa-1990	119	24	minimization	minimization	NOUN
ajfa-1990	119	25	problem	problem	NOUN
ajfa-1990	119	26	(	(	PUNCT
ajfa-1990	119	27	basdevant	basdevant	NOUN
ajfa-1990	119	28	,	,	PUNCT
ajfa-1990	119	29	2003	2003	NUM
ajfa-1990	119	30	):	):	PUNCT
ajfa-1990	120	1			PROPN
ajfa-1990	120	2			PROPN
ajfa-1990	120	3	*	*	PUNCT
ajfa-1990	120	4	*	*	PUNCT
ajfa-1990	120	5	2	2	NUM
ajfa-1990	120	6	2	2	NUM
ajfa-1990	120	7	*	*	SYM
ajfa-1990	120	8	2	2	NUM
ajfa-1990	120	9	2	2	NUM
ajfa-1990	120	10	2	2	NUM
ajfa-1990	120	11	1	1	NUM
ajfa-1990	120	12	0	0	NUM
ajfa-1990	120	13	1	1	NUM
ajfa-1990	120	14	1	1	NUM
ajfa-1990	120	15	1	1	NUM
ajfa-1990	120	16	:	:	PUNCT
ajfa-1990	120	17	(	(	PUNCT
ajfa-1990	120	18	)	)	PUNCT
ajfa-1990	120	19	(	(	PUNCT
ajfa-1990	120	20	)	)	PUNCT
ajfa-1990	120	21	t	t	NOUN
ajfa-1990	120	22	t	t	PROPN
ajfa-1990	120	23	t	t	PROPN
ajfa-1990	120	24	t	t	PROPN
ajfa-1990	120	25	z	z	PROPN
ajfa-1990	120	26	t	t	PROPN
ajfa-1990	120	27	min	min	PROPN
ajfa-1990	120	28	z	z	PROPN
ajfa-1990	120	29	z	z	PROPN
ajfa-1990	120	30	z	z	NOUN
ajfa-1990	120	31			PROPN
ajfa-1990	120	32			PROPN
ajfa-1990	120	33			PROPN
ajfa-1990	120	34			VERB
ajfa-1990	120	35			NOUN
ajfa-1990	120	36	(	(	PUNCT
ajfa-1990	120	37	12	12	NUM
ajfa-1990	120	38	)	)	PUNCT
ajfa-1990	120	39	where	where	SCONJ
ajfa-1990	120	40	z	z	NOUN
ajfa-1990	120	41	is	be	AUX
ajfa-1990	120	42	the	the	DET
ajfa-1990	120	43	observed	observed	ADJ
ajfa-1990	120	44	variable	variable	NOUN
ajfa-1990	120	45	,	,	PUNCT
ajfa-1990	120	46	z	z	PROPN
ajfa-1990	120	47	*	*	PUNCT
ajfa-1990	120	48	is	be	AUX
ajfa-1990	120	49	the	the	DET
ajfa-1990	120	50	unobserved	unobserved	ADJ
ajfa-1990	120	51	variable	variable	NOUN
ajfa-1990	120	52	being	be	AUX
ajfa-1990	120	53	filtered	filter	VERB
ajfa-1990	120	54	,	,	PUNCT
ajfa-1990	120	55	2	2	NUM
ajfa-1990	120	56	0	0	NUM
ajfa-1990	120	57	is	be	AUX
ajfa-1990	120	58	the	the	DET
ajfa-1990	120	59	variance	variance	NOUN
ajfa-1990	120	60	of	of	ADP
ajfa-1990	120	61	the	the	DET
ajfa-1990	120	62	cyclical	cyclical	ADJ
ajfa-1990	120	63	component	component	NOUN
ajfa-1990	120	64	*	*	PUNCT
ajfa-1990	120	65	t	t	PROPN
ajfa-1990	120	66	tz	tz	PROPN
ajfa-1990	120	67	z	z	NOUN
ajfa-1990	120	68	.	.	PUNCT
ajfa-1990	121	1	2	2	NUM
ajfa-1990	121	2	1	1	NUM
ajfa-1990	121	3	shows	show	VERB
ajfa-1990	121	4	the	the	DET
ajfa-1990	121	5	variance	variance	NOUN
ajfa-1990	121	6	of	of	ADP
ajfa-1990	121	7	the	the	DET
ajfa-1990	121	8	growth	growth	NOUN
ajfa-1990	121	9	rate	rate	NOUN
ajfa-1990	121	10	of	of	ADP
ajfa-1990	121	11	the	the	DET
ajfa-1990	121	12	trend	trend	NOUN
ajfa-1990	121	13	component	component	NOUN
ajfa-1990	121	14	.	.	PUNCT
ajfa-1990	122	1	this	this	DET
ajfa-1990	122	2	problem	problem	NOUN
ajfa-1990	122	3	is	be	AUX
ajfa-1990	122	4	of	of	ADP
ajfa-1990	122	5	course	course	NOUN
ajfa-1990	122	6	invariant	invariant	ADJ
ajfa-1990	122	7	to	to	ADP
ajfa-1990	122	8	a	a	DET
ajfa-1990	122	9	homothetic	homothetic	ADJ
ajfa-1990	122	10	transformation	transformation	NOUN
ajfa-1990	122	11	,	,	PUNCT
ajfa-1990	122	12	therefore	therefore	ADV
ajfa-1990	122	13	what	what	PRON
ajfa-1990	122	14	matters	matter	VERB
ajfa-1990	122	15	is	be	AUX
ajfa-1990	122	16	the	the	DET
ajfa-1990	122	17	ratio	ratio	NOUN
ajfa-1990	122	18	λ=	λ=	VERB
ajfa-1990	122	19	2	2	NUM
ajfa-1990	122	20	0	0	NUM
ajfa-1990	122	21	2	2	NUM
ajfa-1990	122	22	1	1	NUM
ajfa-1990	122	23			PROPN
ajfa-1990	122	24			PROPN
ajfa-1990	122	25	.	.	PUNCT
ajfa-1990	123	1	hodrick	hodrick	PROPN
ajfa-1990	123	2	and	and	CCONJ
ajfa-1990	123	3	prescott	prescott	PROPN
ajfa-1990	123	4	suggest	suggest	VERB
ajfa-1990	123	5	some	some	DET
ajfa-1990	123	6	parameterization	parameterization	NOUN
ajfa-1990	123	7	of	of	ADP
ajfa-1990	123	8	λ	λ	NOUN
ajfa-1990	123	9	depending	depend	VERB
ajfa-1990	123	10	on	on	ADP
ajfa-1990	123	11	the	the	DET
ajfa-1990	123	12	frequency	frequency	NOUN
ajfa-1990	123	13	of	of	ADP
ajfa-1990	123	14	data	data	PROPN
ajfa-1990	123	15	.	.	PUNCT
ajfa-1990	124	1	however	however	ADV
ajfa-1990	124	2	,	,	PUNCT
ajfa-1990	124	3	the	the	DET
ajfa-1990	124	4	cyclical	cyclical	ADJ
ajfa-1990	124	5	component	component	NOUN
ajfa-1990	124	6	is	be	AUX
ajfa-1990	124	7	derived	derive	VERB
ajfa-1990	124	8	by	by	ADP
ajfa-1990	124	9	applying	apply	VERB
ajfa-1990	124	10	hp	hp	ADJ
ajfa-1990	124	11	filter	filter	NOUN
ajfa-1990	124	12	such	such	ADJ
ajfa-1990	124	13	as	as	ADP
ajfa-1990	124	14	:	:	PUNCT
ajfa-1990	124	15	*	*	PUNCT
ajfa-1990	124	16	(	(	PUNCT
ajfa-1990	124	17	)	)	PUNCT
ajfa-1990	124	18	,	,	PUNCT
ajfa-1990	124	19	t	t	PROPN
ajfa-1990	124	20	tc	tc	NOUN
ajfa-1990	124	21	z	z	PROPN
ajfa-1990	124	22	z	z	PROPN
ajfa-1990	124	23			PROPN
ajfa-1990	124	24	t	t	PROPN
ajfa-1990	124	25	=	=	SYM
ajfa-1990	124	26	1	1	NUM
ajfa-1990	124	27	,	,	PUNCT
ajfa-1990	124	28	2	2	NUM
ajfa-1990	124	29	…	…	NUM
ajfa-1990	124	30	…	…	PUNCT
ajfa-1990	124	31	…	…	PUNCT
ajfa-1990	124	32	…	…	PUNCT
ajfa-1990	124	33	,t	,t	PUNCT
ajfa-1990	124	34	asian	asian	ADJ
ajfa-1990	124	35	journal	journal	NOUN
ajfa-1990	124	36	of	of	ADP
ajfa-1990	124	37	finance	finance	PROPN
ajfa-1990	124	38	&	&	CCONJ
ajfa-1990	124	39	accounting	accounting	PROPN
ajfa-1990	124	40	issn	issn	PROPN
ajfa-1990	124	41	1946	1946	NUM
ajfa-1990	124	42	-	-	PUNCT
ajfa-1990	124	43	052x	052x	NOUN
ajfa-1990	124	44	2012	2012	NUM
ajfa-1990	124	45	,	,	PUNCT
ajfa-1990	124	46	vol	vol	NOUN
ajfa-1990	124	47	.	.	PROPN
ajfa-1990	125	1	4	4	NUM
ajfa-1990	125	2	,	,	PUNCT
ajfa-1990	125	3	no	no	INTJ
ajfa-1990	125	4	.	.	NOUN
ajfa-1990	125	5	2	2	NUM
ajfa-1990	125	6	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-1990	125	7	207	207	NUM
ajfa-1990	125	8	unexpected	unexpected	ADJ
ajfa-1990	125	9	variable	variable	NOUN
ajfa-1990	125	10	which	which	PRON
ajfa-1990	125	11	was	be	AUX
ajfa-1990	125	12	made	make	VERB
ajfa-1990	125	13	by	by	ADP
ajfa-1990	125	14	decomposing	decompose	VERB
ajfa-1990	125	15	the	the	DET
ajfa-1990	125	16	trading	trading	NOUN
ajfa-1990	125	17	volume	volume	NOUN
ajfa-1990	125	18	is	be	AUX
ajfa-1990	125	19	ready	ready	ADJ
ajfa-1990	125	20	by	by	ADP
ajfa-1990	125	21	filtering	filter	VERB
ajfa-1990	125	22	the	the	DET
ajfa-1990	125	23	data	datum	NOUN
ajfa-1990	125	24	using	use	VERB
ajfa-1990	125	25	this	this	DET
ajfa-1990	125	26	test	test	NOUN
ajfa-1990	125	27	.	.	PUNCT
ajfa-1990	126	1	garch	garch	NOUN
ajfa-1990	126	2	model	model	NOUN
ajfa-1990	126	3	the	the	DET
ajfa-1990	126	4	garch	garch	NOUN
ajfa-1990	126	5	(	(	PUNCT
ajfa-1990	126	6	1	1	NUM
ajfa-1990	126	7	,	,	PUNCT
ajfa-1990	126	8	1	1	X
ajfa-1990	126	9	)	)	PUNCT
ajfa-1990	126	10	model	model	NOUN
ajfa-1990	126	11	we	we	PRON
ajfa-1990	126	12	begin	begin	VERB
ajfa-1990	126	13	with	with	ADP
ajfa-1990	126	14	the	the	DET
ajfa-1990	126	15	simplest	simple	ADJ
ajfa-1990	126	16	garch	garch	NOUN
ajfa-1990	126	17	(	(	PUNCT
ajfa-1990	126	18	1,1	1,1	NUM
ajfa-1990	126	19	)	)	PUNCT
ajfa-1990	126	20	specification	specification	NOUN
ajfa-1990	126	21	:	:	PUNCT
ajfa-1990	127	1	ttt	ttt	PROPN
ajfa-1990	127	2	xy	xy	PROPN
ajfa-1990	128	1			PROPN
ajfa-1990	128	2			ADJ
ajfa-1990	128	3	'	'	PUNCT
ajfa-1990	128	4	2	2	NUM
ajfa-1990	128	5	1	1	NUM
ajfa-1990	128	6	2	2	NUM
ajfa-1990	128	7	1	1	NUM
ajfa-1990	128	8	2	2	NUM
ajfa-1990	128	9			NUM
ajfa-1990	128	10			PROPN
ajfa-1990	128	11	ttt	ttt	PROPN
ajfa-1990	128	12			PROPN
ajfa-1990	128	13	n	n	PRON
ajfa-1990	128	14	which	which	PRON
ajfa-1990	128	15	the	the	DET
ajfa-1990	128	16	mean	mean	ADJ
ajfa-1990	128	17	equation	equation	NOUN
ajfa-1990	128	18	given	give	VERB
ajfa-1990	128	19	in	in	ADP
ajfa-1990	128	20	(	(	PUNCT
ajfa-1990	128	21	a	a	X
ajfa-1990	128	22	)	)	PUNCT
ajfa-1990	128	23	is	be	AUX
ajfa-1990	128	24	written	write	VERB
ajfa-1990	128	25	as	as	ADP
ajfa-1990	128	26	a	a	DET
ajfa-1990	128	27	function	function	NOUN
ajfa-1990	128	28	of	of	ADP
ajfa-1990	128	29	exogenous	exogenous	ADJ
ajfa-1990	128	30	variables	variable	NOUN
ajfa-1990	128	31	with	with	ADP
ajfa-1990	128	32	an	an	DET
ajfa-1990	128	33	error	error	NOUN
ajfa-1990	128	34	term	term	NOUN
ajfa-1990	128	35	.	.	PUNCT
ajfa-1990	129	1	since	since	SCONJ
ajfa-1990	129	2	2	2	NUM
ajfa-1990	129	3	t	t	NOUN
ajfa-1990	129	4	is	be	AUX
ajfa-1990	129	5	the	the	DET
ajfa-1990	129	6	one	one	NUM
ajfa-1990	129	7	-	-	PUNCT
ajfa-1990	129	8	period	period	NOUN
ajfa-1990	129	9	ahead	ahead	ADV
ajfa-1990	129	10	forecast	forecast	NOUN
ajfa-1990	129	11	variance	variance	NOUN
ajfa-1990	129	12	based	base	VERB
ajfa-1990	129	13	on	on	ADP
ajfa-1990	129	14	past	past	ADJ
ajfa-1990	129	15	information	information	NOUN
ajfa-1990	129	16	,	,	PUNCT
ajfa-1990	129	17	it	it	PRON
ajfa-1990	129	18	is	be	AUX
ajfa-1990	129	19	called	call	VERB
ajfa-1990	129	20	the	the	DET
ajfa-1990	129	21	conditional	conditional	ADJ
ajfa-1990	129	22	variance	variance	NOUN
ajfa-1990	129	23	.	.	PUNCT
ajfa-1990	130	1	the	the	DET
ajfa-1990	130	2	conditional	conditional	ADJ
ajfa-1990	130	3	variance	variance	NOUN
ajfa-1990	130	4	equation	equation	NOUN
ajfa-1990	130	5	specified	specify	VERB
ajfa-1990	130	6	in	in	ADP
ajfa-1990	130	7	(	(	PUNCT
ajfa-1990	130	8	b	b	NOUN
ajfa-1990	130	9	)	)	PUNCT
ajfa-1990	130	10	is	be	AUX
ajfa-1990	130	11	a	a	DET
ajfa-1990	130	12	function	function	NOUN
ajfa-1990	130	13	of	of	ADP
ajfa-1990	130	14	three	three	NUM
ajfa-1990	130	15	terms	term	NOUN
ajfa-1990	130	16	:	:	PUNCT
ajfa-1990	130	17	1	1	X
ajfa-1990	130	18	)	)	PUNCT
ajfa-1990	130	19	a	a	DET
ajfa-1990	130	20	constant	constant	ADJ
ajfa-1990	130	21	term	term	NOUN
ajfa-1990	130	22	ω	ω	NUM
ajfa-1990	130	23	2	2	NUM
ajfa-1990	130	24	)	)	PUNCT
ajfa-1990	130	25	news	news	NOUN
ajfa-1990	130	26	about	about	ADP
ajfa-1990	130	27	volatility	volatility	NOUN
ajfa-1990	130	28	from	from	ADP
ajfa-1990	130	29	the	the	DET
ajfa-1990	130	30	previous	previous	ADJ
ajfa-1990	130	31	period	period	NOUN
ajfa-1990	130	32	,	,	PUNCT
ajfa-1990	130	33	measured	measure	VERB
ajfa-1990	130	34	as	as	ADP
ajfa-1990	130	35	the	the	DET
ajfa-1990	130	36	lag	lag	NOUN
ajfa-1990	130	37	of	of	ADP
ajfa-1990	130	38	the	the	DET
ajfa-1990	130	39	squared	square	VERB
ajfa-1990	130	40	residual	residual	ADJ
ajfa-1990	130	41	from	from	ADP
ajfa-1990	130	42	the	the	DET
ajfa-1990	130	43	mean	mean	ADJ
ajfa-1990	130	44	equation	equation	NOUN
ajfa-1990	130	45	2	2	NUM
ajfa-1990	130	46	1t	1t	NUM
ajfa-1990	130	47	(	(	PUNCT
ajfa-1990	130	48	the	the	DET
ajfa-1990	130	49	arch	arch	ADJ
ajfa-1990	130	50	term	term	NOUN
ajfa-1990	130	51	)	)	PUNCT
ajfa-1990	130	52	.	.	PUNCT
ajfa-1990	131	1	3	3	X
ajfa-1990	131	2	)	)	PUNCT
ajfa-1990	131	3	last	last	ADJ
ajfa-1990	131	4	period	period	NOUN
ajfa-1990	131	5	's	's	PART
ajfa-1990	131	6	forecast	forecast	NOUN
ajfa-1990	131	7	variance	variance	NOUN
ajfa-1990	131	8	2	2	NUM
ajfa-1990	131	9	1t	1t	NUM
ajfa-1990	131	10	(	(	PUNCT
ajfa-1990	131	11	the	the	DET
ajfa-1990	131	12	garch	garch	NOUN
ajfa-1990	131	13	term	term	NOUN
ajfa-1990	131	14	)	)	PUNCT
ajfa-1990	131	15	.	.	PUNCT
ajfa-1990	132	1	the	the	DET
ajfa-1990	132	2	(	(	PUNCT
ajfa-1990	132	3	1	1	NUM
ajfa-1990	132	4	,	,	PUNCT
ajfa-1990	132	5	1	1	NUM
ajfa-1990	132	6	)	)	PUNCT
ajfa-1990	132	7	in	in	ADP
ajfa-1990	132	8	garch	garch	NOUN
ajfa-1990	132	9	(	(	PUNCT
ajfa-1990	132	10	1	1	NUM
ajfa-1990	132	11	,	,	PUNCT
ajfa-1990	132	12	1	1	NUM
ajfa-1990	132	13	)	)	PUNCT
ajfa-1990	132	14	refers	refer	VERB
ajfa-1990	132	15	to	to	ADP
ajfa-1990	132	16	the	the	DET
ajfa-1990	132	17	presence	presence	NOUN
ajfa-1990	132	18	of	of	ADP
ajfa-1990	132	19	a	a	DET
ajfa-1990	132	20	first	first	ADJ
ajfa-1990	132	21	-	-	PUNCT
ajfa-1990	132	22	order	order	NOUN
ajfa-1990	132	23	autoregressive	autoregressive	ADJ
ajfa-1990	132	24	garch	garch	NOUN
ajfa-1990	132	25	term	term	NOUN
ajfa-1990	132	26	(	(	PUNCT
ajfa-1990	132	27	the	the	DET
ajfa-1990	132	28	first	first	ADJ
ajfa-1990	132	29	term	term	NOUN
ajfa-1990	132	30	in	in	ADP
ajfa-1990	132	31	parentheses	parenthesis	NOUN
ajfa-1990	132	32	)	)	PUNCT
ajfa-1990	132	33	and	and	CCONJ
ajfa-1990	132	34	a	a	DET
ajfa-1990	132	35	first	first	ADJ
ajfa-1990	132	36	-	-	PUNCT
ajfa-1990	132	37	order	order	NOUN
ajfa-1990	132	38	moving	move	VERB
ajfa-1990	132	39	average	average	ADJ
ajfa-1990	132	40	arch	arch	ADJ
ajfa-1990	132	41	term	term	NOUN
ajfa-1990	132	42	(	(	PUNCT
ajfa-1990	132	43	the	the	DET
ajfa-1990	132	44	second	second	ADJ
ajfa-1990	132	45	term	term	NOUN
ajfa-1990	132	46	in	in	ADP
ajfa-1990	132	47	parentheses	parenthesis	NOUN
ajfa-1990	132	48	)	)	PUNCT
ajfa-1990	132	49	.	.	PUNCT
ajfa-1990	133	1	an	an	DET
ajfa-1990	133	2	ordinary	ordinary	ADJ
ajfa-1990	133	3	arch	arch	ADJ
ajfa-1990	133	4	model	model	NOUN
ajfa-1990	133	5	is	be	AUX
ajfa-1990	133	6	a	a	DET
ajfa-1990	133	7	special	special	ADJ
ajfa-1990	133	8	case	case	NOUN
ajfa-1990	133	9	of	of	ADP
ajfa-1990	133	10	a	a	DET
ajfa-1990	133	11	garch	garch	NOUN
ajfa-1990	133	12	specification	specification	NOUN
ajfa-1990	133	13	in	in	ADP
ajfa-1990	133	14	which	which	PRON
ajfa-1990	133	15	there	there	PRON
ajfa-1990	133	16	are	be	VERB
ajfa-1990	133	17	no	no	DET
ajfa-1990	133	18	lagged	lag	VERB
ajfa-1990	133	19	forecast	forecast	NOUN
ajfa-1990	133	20	variances	variance	NOUN
ajfa-1990	133	21	in	in	ADP
ajfa-1990	133	22	the	the	DET
ajfa-1990	133	23	conditional	conditional	ADJ
ajfa-1990	133	24	variance	variance	NOUN
ajfa-1990	133	25	equation	equation	NOUN
ajfa-1990	133	26	,	,	PUNCT
ajfa-1990	133	27	a	a	DET
ajfa-1990	133	28	garch	garch	NOUN
ajfa-1990	133	29	(	(	PUNCT
ajfa-1990	133	30	0	0	NUM
ajfa-1990	133	31	,	,	PUNCT
ajfa-1990	133	32	1	1	NUM
ajfa-1990	133	33	)	)	PUNCT
ajfa-1990	133	34	.	.	PUNCT
ajfa-1990	134	1	there	there	PRON
ajfa-1990	134	2	are	be	VERB
ajfa-1990	134	3	two	two	NUM
ajfa-1990	134	4	equivalent	equivalent	ADJ
ajfa-1990	134	5	representations	representation	NOUN
ajfa-1990	134	6	of	of	ADP
ajfa-1990	134	7	the	the	DET
ajfa-1990	134	8	variance	variance	NOUN
ajfa-1990	134	9	equation	equation	NOUN
ajfa-1990	134	10	that	that	PRON
ajfa-1990	134	11	may	may	AUX
ajfa-1990	134	12	aid	aid	VERB
ajfa-1990	134	13	you	you	PRON
ajfa-1990	134	14	in	in	ADP
ajfa-1990	134	15	interpreting	interpret	VERB
ajfa-1990	134	16	the	the	DET
ajfa-1990	134	17	model	model	NOUN
ajfa-1990	134	18	:	:	PUNCT
ajfa-1990	134	19	1	1	X
ajfa-1990	134	20	)	)	PUNCT
ajfa-1990	134	21	if	if	SCONJ
ajfa-1990	134	22	we	we	PRON
ajfa-1990	134	23	recursively	recursively	ADV
ajfa-1990	134	24	substitute	substitute	VERB
ajfa-1990	134	25	for	for	ADP
ajfa-1990	134	26	the	the	DET
ajfa-1990	134	27	lagged	lag	VERB
ajfa-1990	134	28	variance	variance	NOUN
ajfa-1990	134	29	on	on	ADP
ajfa-1990	134	30	the	the	DET
ajfa-1990	134	31	right	right	ADJ
ajfa-1990	134	32	-	-	PUNCT
ajfa-1990	134	33	hand	hand	NOUN
ajfa-1990	134	34	side	side	NOUN
ajfa-1990	134	35	of	of	ADP
ajfa-1990	134	36	equation	equation	NOUN
ajfa-1990	134	37	(	(	PUNCT
ajfa-1990	134	38	b	b	NOUN
ajfa-1990	134	39	)	)	PUNCT
ajfa-1990	134	40	,	,	PUNCT
ajfa-1990	134	41	we	we	PRON
ajfa-1990	134	42	can	can	AUX
ajfa-1990	134	43	express	express	VERB
ajfa-1990	134	44	the	the	DET
ajfa-1990	134	45	conditional	conditional	ADJ
ajfa-1990	134	46	variance	variance	NOUN
ajfa-1990	134	47	as	as	ADP
ajfa-1990	134	48	a	a	DET
ajfa-1990	134	49	weighted	weighted	ADJ
ajfa-1990	134	50	average	average	NOUN
ajfa-1990	134	51	of	of	ADP
ajfa-1990	134	52	all	all	PRON
ajfa-1990	134	53	of	of	ADP
ajfa-1990	134	54	the	the	DET
ajfa-1990	134	55	lagged	lag	VERB
ajfa-1990	134	56	squared	square	VERB
ajfa-1990	134	57	residuals	residual	NOUN
ajfa-1990	134	58	:	:	PUNCT
ajfa-1990	134	59	2	2	NUM
ajfa-1990	134	60	1	1	NUM
ajfa-1990	134	61	12	12	NUM
ajfa-1990	134	62	1	1	NUM
ajfa-1990	134	63	jt	jt	PROPN
ajfa-1990	134	64	j	j	PROPN
ajfa-1990	134	65	j	j	PROPN
ajfa-1990	134	66	t	t	PROPN
ajfa-1990	134	67			PROPN
ajfa-1990	134	68			VERB
ajfa-1990	134	69			PRON
ajfa-1990	134	70			PROPN
ajfa-1990	134	71			PROPN
ajfa-1990	134	72			NUM
ajfa-1990	134	73			PROPN
ajfa-1990	134	74			PROPN
ajfa-1990	134	75			NOUN
ajfa-1990	135	1	we	we	PRON
ajfa-1990	135	2	see	see	VERB
ajfa-1990	135	3	that	that	SCONJ
ajfa-1990	135	4	the	the	DET
ajfa-1990	135	5	garch	garch	NOUN
ajfa-1990	135	6	(	(	PUNCT
ajfa-1990	135	7	1	1	NUM
ajfa-1990	135	8	,	,	PUNCT
ajfa-1990	135	9	1	1	NUM
ajfa-1990	135	10	)	)	PUNCT
ajfa-1990	135	11	variance	variance	NOUN
ajfa-1990	135	12	specification	specification	NOUN
ajfa-1990	135	13	is	be	AUX
ajfa-1990	135	14	analogous	analogous	ADJ
ajfa-1990	135	15	to	to	ADP
ajfa-1990	135	16	the	the	DET
ajfa-1990	135	17	sample	sample	NOUN
ajfa-1990	135	18	variance	variance	NOUN
ajfa-1990	135	19	,	,	PUNCT
ajfa-1990	135	20	but	but	CCONJ
ajfa-1990	135	21	that	that	SCONJ
ajfa-1990	135	22	it	it	PRON
ajfa-1990	135	23	down	down	ADP
ajfa-1990	135	24	-	-	PUNCT
ajfa-1990	135	25	weights	weight	NOUN
ajfa-1990	135	26	more	more	ADV
ajfa-1990	135	27	distant	distant	ADJ
ajfa-1990	135	28	lagged	lag	VERB
ajfa-1990	135	29	squared	square	VERB
ajfa-1990	135	30	errors	error	NOUN
ajfa-1990	135	31	.	.	PUNCT
ajfa-1990	136	1	asian	asian	ADJ
ajfa-1990	136	2	journal	journal	PROPN
ajfa-1990	136	3	of	of	ADP
ajfa-1990	136	4	finance	finance	PROPN
ajfa-1990	136	5	&	&	CCONJ
ajfa-1990	136	6	accounting	accounting	PROPN
ajfa-1990	136	7	issn	issn	PROPN
ajfa-1990	136	8	1946	1946	NUM
ajfa-1990	136	9	-	-	PUNCT
ajfa-1990	136	10	052x	052x	NOUN
ajfa-1990	136	11	2012	2012	NUM
ajfa-1990	136	12	,	,	PUNCT
ajfa-1990	136	13	vol	vol	NOUN
ajfa-1990	136	14	.	.	PROPN
ajfa-1990	136	15	4	4	NUM
ajfa-1990	136	16	,	,	PUNCT
ajfa-1990	136	17	no	no	INTJ
ajfa-1990	136	18	.	.	NOUN
ajfa-1990	136	19	2	2	NUM
ajfa-1990	136	20	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-1990	136	21	208	208	NUM
ajfa-1990	136	22	2	2	NUM
ajfa-1990	136	23	)	)	PUNCT
ajfa-1990	136	24	the	the	DET
ajfa-1990	136	25	error	error	NOUN
ajfa-1990	136	26	in	in	ADP
ajfa-1990	136	27	the	the	DET
ajfa-1990	136	28	squared	square	VERB
ajfa-1990	136	29	returns	return	NOUN
ajfa-1990	136	30	is	be	AUX
ajfa-1990	136	31	given	give	VERB
ajfa-1990	136	32	by	by	ADP
ajfa-1990	136	33	222	222	NUM
ajfa-1990	136	34	tttv	tttv	NOUN
ajfa-1990	136	35			PROPN
ajfa-1990	136	36			PROPN
ajfa-1990	136	37	.	.	PUNCT
ajfa-1990	137	1	substituting	substitute	VERB
ajfa-1990	137	2	for	for	ADP
ajfa-1990	137	3	the	the	DET
ajfa-1990	137	4	variances	variance	NOUN
ajfa-1990	137	5	in	in	ADP
ajfa-1990	137	6	the	the	DET
ajfa-1990	137	7	variance	variance	NOUN
ajfa-1990	137	8	equation	equation	NOUN
ajfa-1990	137	9	and	and	CCONJ
ajfa-1990	137	10	rearranging	rearrange	VERB
ajfa-1990	137	11	terms	term	NOUN
ajfa-1990	137	12	we	we	PRON
ajfa-1990	137	13	can	can	AUX
ajfa-1990	137	14	write	write	VERB
ajfa-1990	137	15	our	our	PRON
ajfa-1990	137	16	model	model	NOUN
ajfa-1990	137	17	in	in	ADP
ajfa-1990	137	18	terms	term	NOUN
ajfa-1990	137	19	of	of	ADP
ajfa-1990	137	20	the	the	DET
ajfa-1990	137	21	errors	error	NOUN
ajfa-1990	137	22	:	:	PUNCT
ajfa-1990	137	23	1	1	NUM
ajfa-1990	137	24	2	2	NUM
ajfa-1990	137	25	1	1	NUM
ajfa-1990	137	26	2	2	NUM
ajfa-1990	137	27	)	)	PUNCT
ajfa-1990	137	28	(	(	PUNCT
ajfa-1990	137	29			PROPN
ajfa-1990	137	30			VERB
ajfa-1990	137	31	tttt	tttt	NOUN
ajfa-1990	137	32	vv	vv	X
ajfa-1990	137	33			PUNCT
ajfa-1990	137	34	thus	thus	ADV
ajfa-1990	137	35	,	,	PUNCT
ajfa-1990	137	36	the	the	DET
ajfa-1990	137	37	squared	square	VERB
ajfa-1990	137	38	errors	error	NOUN
ajfa-1990	137	39	follow	follow	VERB
ajfa-1990	137	40	a	a	DET
ajfa-1990	137	41	heteroscedasitic	heteroscedasitic	ADJ
ajfa-1990	137	42	arma	arma	NOUN
ajfa-1990	137	43	(	(	PUNCT
ajfa-1990	137	44	1	1	NUM
ajfa-1990	137	45	,	,	PUNCT
ajfa-1990	137	46	1	1	NUM
ajfa-1990	137	47	)	)	PUNCT
ajfa-1990	137	48	process	process	NOUN
ajfa-1990	137	49	.	.	PUNCT
ajfa-1990	138	1	the	the	DET
ajfa-1990	138	2	autoregressive	autoregressive	ADJ
ajfa-1990	138	3	root	root	NOUN
ajfa-1990	138	4	which	which	PRON
ajfa-1990	138	5	governs	govern	VERB
ajfa-1990	138	6	the	the	DET
ajfa-1990	138	7	persistence	persistence	NOUN
ajfa-1990	138	8	of	of	ADP
ajfa-1990	138	9	volatility	volatility	NOUN
ajfa-1990	138	10	shocks	shock	NOUN
ajfa-1990	138	11	is	be	AUX
ajfa-1990	138	12	the	the	DET
ajfa-1990	138	13	sum	sum	NOUN
ajfa-1990	138	14	of	of	ADP
ajfa-1990	138	15	α	α	PROPN
ajfa-1990	138	16	and	and	CCONJ
ajfa-1990	138	17	β	β	X
ajfa-1990	138	18	.	.	PUNCT
ajfa-1990	139	1	in	in	ADP
ajfa-1990	139	2	many	many	ADJ
ajfa-1990	139	3	applied	applied	ADJ
ajfa-1990	139	4	settings	setting	NOUN
ajfa-1990	139	5	,	,	PUNCT
ajfa-1990	139	6	this	this	DET
ajfa-1990	139	7	root	root	NOUN
ajfa-1990	139	8	is	be	AUX
ajfa-1990	139	9	very	very	ADV
ajfa-1990	139	10	close	close	ADJ
ajfa-1990	139	11	to	to	ADP
ajfa-1990	139	12	unity	unity	NOUN
ajfa-1990	139	13	so	so	SCONJ
ajfa-1990	139	14	that	that	SCONJ
ajfa-1990	139	15	shocks	shock	NOUN
ajfa-1990	139	16	die	die	VERB
ajfa-1990	139	17	out	out	ADP
ajfa-1990	139	18	rather	rather	ADV
ajfa-1990	139	19	slowly	slowly	ADV
ajfa-1990	139	20	.	.	PUNCT
ajfa-1990	140	1	the	the	DET
ajfa-1990	140	2	garch	garch	NOUN
ajfa-1990	140	3	(	(	PUNCT
ajfa-1990	140	4	q	q	X
ajfa-1990	140	5	,	,	PUNCT
ajfa-1990	140	6	p	p	NOUN
ajfa-1990	140	7	)	)	PUNCT
ajfa-1990	140	8	model	model	NOUN
ajfa-1990	140	9	and	and	CCONJ
ajfa-1990	140	10	the	the	DET
ajfa-1990	140	11	garch	garch	NOUN
ajfa-1990	140	12	-	-	PUNCT
ajfa-1990	140	13	m	m	NOUN
ajfa-1990	140	14	model	model	NOUN
ajfa-1990	140	15	are	be	AUX
ajfa-1990	140	16	other	other	ADJ
ajfa-1990	140	17	versions	version	NOUN
ajfa-1990	140	18	of	of	ADP
ajfa-1990	140	19	garch	garch	NOUN
ajfa-1990	140	20	model	model	NOUN
ajfa-1990	140	21	.	.	PUNCT
ajfa-1990	141	1	we	we	PRON
ajfa-1990	141	2	take	take	VERB
ajfa-1990	141	3	the	the	DET
ajfa-1990	141	4	residuals	residual	NOUN
ajfa-1990	141	5	of	of	ADP
ajfa-1990	141	6	garch	garch	NOUN
ajfa-1990	141	7	model	model	NOUN
ajfa-1990	141	8	to	to	PART
ajfa-1990	141	9	take	take	VERB
ajfa-1990	141	10	this	this	PRON
ajfa-1990	141	11	as	as	ADP
ajfa-1990	141	12	a	a	DET
ajfa-1990	141	13	measure	measure	NOUN
ajfa-1990	141	14	of	of	ADP
ajfa-1990	141	15	spot	spot	NOUN
ajfa-1990	141	16	market	market	NOUN
ajfa-1990	141	17	volatility	volatility	NOUN
ajfa-1990	141	18	.	.	PUNCT
ajfa-1990	142	1	garch	garch	NOUN
ajfa-1990	142	2	11	11	NUM
ajfa-1990	142	3	p	p	NOUN
ajfa-1990	142	4	q	q	NOUN
ajfa-1990	142	5	process	process	NOUN
ajfa-1990	142	6	is	be	AUX
ajfa-1990	142	7	checked	check	VERB
ajfa-1990	142	8	from	from	ADP
ajfa-1990	142	9	(	(	PUNCT
ajfa-1990	142	10	0	0	NUM
ajfa-1990	142	11	-	-	SYM
ajfa-1990	142	12	4	4	NUM
ajfa-1990	142	13	)	)	PUNCT
ajfa-1990	142	14	process	process	NOUN
ajfa-1990	142	15	and	and	CCONJ
ajfa-1990	142	16	information	information	NOUN
ajfa-1990	142	17	is	be	AUX
ajfa-1990	142	18	optimized	optimize	VERB
ajfa-1990	142	19	for	for	ADP
ajfa-1990	142	20	garch	garch	NOUN
ajfa-1990	142	21	11	11	NUM
ajfa-1990	142	22	model	model	NOUN
ajfa-1990	142	23	hence	hence	ADV
ajfa-1990	142	24	our	our	PRON
ajfa-1990	142	25	paper	paper	NOUN
ajfa-1990	142	26	model	model	NOUN
ajfa-1990	142	27	has	have	AUX
ajfa-1990	142	28	used	use	VERB
ajfa-1990	142	29	this	this	DET
ajfa-1990	142	30	model	model	NOUN
ajfa-1990	142	31	.	.	PUNCT
ajfa-1990	143	1	granger	granger	PROPN
ajfa-1990	143	2	causality	causality	PROPN
ajfa-1990	143	3	test	test	VERB
ajfa-1990	143	4	the	the	DET
ajfa-1990	143	5	unexpected	unexpected	ADJ
ajfa-1990	143	6	component	component	NOUN
ajfa-1990	143	7	of	of	ADP
ajfa-1990	143	8	trading	trading	NOUN
ajfa-1990	143	9	volume	volume	NOUN
ajfa-1990	143	10	and	and	CCONJ
ajfa-1990	143	11	residuals	residual	NOUN
ajfa-1990	143	12	of	of	ADP
ajfa-1990	143	13	garch	garch	NOUN
ajfa-1990	143	14	model	model	NOUN
ajfa-1990	143	15	are	be	AUX
ajfa-1990	143	16	tested	test	VERB
ajfa-1990	143	17	for	for	ADP
ajfa-1990	143	18	causality	causality	NOUN
ajfa-1990	143	19	i.e.	i.e.	X
ajfa-1990	143	20	whether	whether	SCONJ
ajfa-1990	143	21	liquidity	liquidity	NOUN
ajfa-1990	143	22	in	in	ADP
ajfa-1990	143	23	the	the	DET
ajfa-1990	143	24	futures	future	NOUN
ajfa-1990	143	25	market	market	NOUN
ajfa-1990	143	26	is	be	AUX
ajfa-1990	143	27	destabilizing	destabilize	VERB
ajfa-1990	143	28	the	the	DET
ajfa-1990	143	29	spot	spot	NOUN
ajfa-1990	143	30	market	market	NOUN
ajfa-1990	143	31	volatility	volatility	NOUN
ajfa-1990	143	32	or	or	CCONJ
ajfa-1990	143	33	vice	vice	NOUN
ajfa-1990	143	34	-	-	NOUN
ajfa-1990	143	35	versa	versa	ADJ
ajfa-1990	143	36	?	?	PUNCT
ajfa-1990	144	1	causality	causality	NOUN
ajfa-1990	144	2	testing	test	VERB
ajfa-1990	144	3	a	a	DET
ajfa-1990	144	4	series	series	NOUN
ajfa-1990	144	5	x	x	PRON
ajfa-1990	144	6	may	may	AUX
ajfa-1990	144	7	be	be	AUX
ajfa-1990	144	8	said	say	VERB
ajfa-1990	144	9	to	to	PART
ajfa-1990	144	10	cause	cause	VERB
ajfa-1990	144	11	y	y	PRON
ajfa-1990	144	12	if	if	SCONJ
ajfa-1990	144	13	and	and	CCONJ
ajfa-1990	144	14	only	only	ADV
ajfa-1990	144	15	if	if	SCONJ
ajfa-1990	144	16	the	the	DET
ajfa-1990	144	17	expectation	expectation	NOUN
ajfa-1990	144	18	of	of	ADP
ajfa-1990	144	19	y	y	PROPN
ajfa-1990	144	20	given	give	VERB
ajfa-1990	144	21	that	that	SCONJ
ajfa-1990	144	22	x	x	PRON
ajfa-1990	144	23	is	be	AUX
ajfa-1990	144	24	different	different	ADJ
ajfa-1990	144	25	from	from	ADP
ajfa-1990	144	26	the	the	DET
ajfa-1990	144	27	unconditional	unconditional	ADJ
ajfa-1990	144	28	expectation	expectation	NOUN
ajfa-1990	144	29	of	of	ADP
ajfa-1990	144	30	y.	y.	PROPN
ajfa-1990	144	31	)	)	PUNCT
ajfa-1990	144	32	(	(	PUNCT
ajfa-1990	144	33	)	)	PUNCT
ajfa-1990	144	34	,	,	PUNCT
ajfa-1990	144	35	(	(	PUNCT
ajfa-1990	144	36	ktktxt	ktktxt	VERB
ajfa-1990	144	37	yyexyye	yyexyye	X
ajfa-1990	144	38			PROPN
ajfa-1990	144	39			NOUN
ajfa-1990	144	40	for	for	ADP
ajfa-1990	144	41	a	a	DET
ajfa-1990	144	42	theory	theory	NOUN
ajfa-1990	144	43	,	,	PUNCT
ajfa-1990	144	44	x→y	x→y	NUM
ajfa-1990	144	45	,	,	PUNCT
ajfa-1990	144	46	find	find	VERB
ajfa-1990	144	47	a	a	DET
ajfa-1990	144	48	z	z	NOUN
ajfa-1990	144	49	such	such	ADJ
ajfa-1990	144	50	we	we	PRON
ajfa-1990	144	51	derive	derive	VERB
ajfa-1990	144	52	on	on	ADP
ajfa-1990	144	53	a	a	DET
ajfa-1990	144	54	causal	causal	ADJ
ajfa-1990	144	55	sequence	sequence	NOUN
ajfa-1990	144	56	x→z→y	x→z→y	NOUN
ajfa-1990	144	57	.	.	PUNCT
ajfa-1990	145	1	if	if	SCONJ
ajfa-1990	145	2	z	z	NOUN
ajfa-1990	145	3	explains	explain	VERB
ajfa-1990	145	4	the	the	DET
ajfa-1990	145	5	connection	connection	NOUN
ajfa-1990	145	6	the	the	DET
ajfa-1990	145	7	x	x	NOUN
ajfa-1990	145	8	-	-	PROPN
ajfa-1990	145	9	y	y	PROPN
ajfa-1990	145	10	connection	connection	NOUN
ajfa-1990	145	11	,	,	PUNCT
ajfa-1990	145	12	it	it	PRON
ajfa-1990	145	13	follows	follow	VERB
ajfa-1990	145	14	that	that	SCONJ
ajfa-1990	145	15	controlling	control	VERB
ajfa-1990	145	16	z	z	NOUN
ajfa-1990	145	17	will	will	AUX
ajfa-1990	145	18	eliminate	eliminate	VERB
ajfa-1990	145	19	all	all	DET
ajfa-1990	145	20	further	further	ADJ
ajfa-1990	145	21	associations	association	NOUN
ajfa-1990	145	22	.	.	PUNCT
ajfa-1990	146	1	thus	thus	ADV
ajfa-1990	146	2	,	,	PUNCT
ajfa-1990	146	3	for	for	ADP
ajfa-1990	146	4	1210	1210	NUM
ajfa-1990	146	5	,	,	PUNCT
ajfa-1990	146	6			PROPN
ajfa-1990	146	7			PROPN
ajfa-1990	146	8	xxy	xxy	PROPN
ajfa-1990	146	9	would	would	AUX
ajfa-1990	146	10	be	be	AUX
ajfa-1990	146	11	zero	zero	NUM
ajfa-1990	146	12	.	.	PUNCT
ajfa-1990	147	1	testing	test	VERB
ajfa-1990	147	2	if	if	SCONJ
ajfa-1990	147	3	1	1	PROPN
ajfa-1990	147	4	=	=	SYM
ajfa-1990	147	5	0	0	NUM
ajfa-1990	147	6	,	,	PUNCT
ajfa-1990	147	7	then	then	ADV
ajfa-1990	147	8	we	we	PRON
ajfa-1990	147	9	test	test	VERB
ajfa-1990	147	10	the	the	DET
ajfa-1990	147	11	causal	causal	ADJ
ajfa-1990	147	12	theory	theory	NOUN
ajfa-1990	147	13	of	of	ADP
ajfa-1990	147	14	y.	y.	PROPN
ajfa-1990	147	15	4	4	NUM
ajfa-1990	147	16	.	.	PUNCT
ajfa-1990	147	17	analysis	analysis	NOUN
ajfa-1990	147	18	and	and	CCONJ
ajfa-1990	147	19	interpretations	interpretation	NOUN
ajfa-1990	147	20	of	of	ADP
ajfa-1990	147	21	results	result	NOUN
ajfa-1990	147	22	the	the	DET
ajfa-1990	147	23	results	result	NOUN
ajfa-1990	147	24	of	of	ADP
ajfa-1990	147	25	stationarity	stationarity	NOUN
ajfa-1990	147	26	tests	test	NOUN
ajfa-1990	147	27	are	be	AUX
ajfa-1990	147	28	given	give	VERB
ajfa-1990	147	29	in	in	ADP
ajfa-1990	147	30	table	table	NOUN
ajfa-1990	147	31	2	2	NUM
ajfa-1990	147	32	.	.	PUNCT
ajfa-1990	148	1	it	it	PRON
ajfa-1990	148	2	confirms	confirm	VERB
ajfa-1990	148	3	non	non	ADJ
ajfa-1990	148	4	stationarity	stationarity	NOUN
ajfa-1990	148	5	of	of	ADP
ajfa-1990	148	6	commodity	commodity	NOUN
ajfa-1990	148	7	price	price	NOUN
ajfa-1990	148	8	and	and	CCONJ
ajfa-1990	148	9	trading	trading	NOUN
ajfa-1990	148	10	volume	volume	NOUN
ajfa-1990	148	11	data	datum	NOUN
ajfa-1990	148	12	;	;	PUNCT
ajfa-1990	148	13	hence	hence	ADV
ajfa-1990	148	14	we	we	PRON
ajfa-1990	148	15	repeat	repeat	VERB
ajfa-1990	148	16	stationarity	stationarity	NOUN
ajfa-1990	148	17	tests	test	NOUN
ajfa-1990	148	18	on	on	ADP
ajfa-1990	148	19	return	return	NOUN
ajfa-1990	148	20	series	series	NOUN
ajfa-1990	148	21	(	(	PUNCT
ajfa-1990	148	22	estimated	estimate	VERB
ajfa-1990	148	23	as	as	ADP
ajfa-1990	148	24	first	first	ADJ
ajfa-1990	148	25	difference	difference	NOUN
ajfa-1990	148	26	of	of	ADP
ajfa-1990	148	27	log	log	NOUN
ajfa-1990	148	28	prices	price	NOUN
ajfa-1990	148	29	and	and	CCONJ
ajfa-1990	148	30	trading	trading	NOUN
ajfa-1990	148	31	volume	volume	NOUN
ajfa-1990	148	32	)	)	PUNCT
ajfa-1990	148	33	which	which	PRON
ajfa-1990	148	34	are	be	AUX
ajfa-1990	148	35	also	also	ADV
ajfa-1990	148	36	provided	provide	VERB
ajfa-1990	148	37	in	in	ADP
ajfa-1990	148	38	table	table	NOUN
ajfa-1990	148	39	2	2	NUM
ajfa-1990	148	40	.	.	PUNCT
ajfa-1990	149	1	the	the	DET
ajfa-1990	149	2	table	table	NOUN
ajfa-1990	149	3	describes	describe	VERB
ajfa-1990	149	4	the	the	DET
ajfa-1990	149	5	sample	sample	NOUN
ajfa-1990	149	6	price	price	NOUN
ajfa-1990	149	7	series	series	NOUN
ajfa-1990	149	8	and	and	CCONJ
ajfa-1990	149	9	trading	trading	NOUN
ajfa-1990	149	10	volume	volume	NOUN
ajfa-1990	149	11	that	that	PRON
ajfa-1990	149	12	have	have	AUX
ajfa-1990	149	13	been	be	AUX
ajfa-1990	149	14	tested	test	VERB
ajfa-1990	149	15	using	use	VERB
ajfa-1990	149	16	augmented	augment	VERB
ajfa-1990	149	17	dickey	dickey	PROPN
ajfa-1990	149	18	fuller	full	ADJ
ajfa-1990	149	19	(	(	PUNCT
ajfa-1990	149	20	adf	adf	NOUN
ajfa-1990	149	21	)	)	PUNCT
ajfa-1990	149	22	1981	1981	NUM
ajfa-1990	149	23	.	.	PUNCT
ajfa-1990	150	1	the	the	DET
ajfa-1990	150	2	adf	adf	PROPN
ajfa-1990	150	3	test	test	NOUN
ajfa-1990	150	4	uses	use	VERB
ajfa-1990	150	5	the	the	DET
ajfa-1990	150	6	existence	existence	NOUN
ajfa-1990	150	7	of	of	ADP
ajfa-1990	150	8	a	a	DET
ajfa-1990	150	9	unit	unit	NOUN
ajfa-1990	150	10	root	root	NOUN
ajfa-1990	150	11	as	as	ADP
ajfa-1990	150	12	the	the	DET
ajfa-1990	150	13	null	null	ADJ
ajfa-1990	150	14	hypothesis	hypothesis	NOUN
ajfa-1990	150	15	.	.	PUNCT
ajfa-1990	151	1	to	to	PART
ajfa-1990	151	2	double	double	VERB
ajfa-1990	151	3	check	check	VERB
ajfa-1990	151	4	the	the	DET
ajfa-1990	151	5	robustness	robustness	NOUN
ajfa-1990	151	6	of	of	ADP
ajfa-1990	151	7	the	the	DET
ajfa-1990	151	8	results	result	NOUN
ajfa-1990	151	9	,	,	PUNCT
ajfa-1990	151	10	phillips	phillip	NOUN
ajfa-1990	151	11	and	and	CCONJ
ajfa-1990	151	12	perron	perron	PROPN
ajfa-1990	151	13	(	(	PUNCT
ajfa-1990	151	14	1988	1988	NUM
ajfa-1990	151	15	)	)	PUNCT
ajfa-1990	151	16	test	test	NOUN
ajfa-1990	151	17	of	of	ADP
ajfa-1990	151	18	stationarity	stationarity	NOUN
ajfa-1990	151	19	has	have	AUX
ajfa-1990	151	20	also	also	ADV
ajfa-1990	151	21	been	be	AUX
ajfa-1990	151	22	performed	perform	VERB
ajfa-1990	151	23	for	for	ADP
ajfa-1990	151	24	the	the	DET
ajfa-1990	151	25	price	price	NOUN
ajfa-1990	151	26	series	series	NOUN
ajfa-1990	151	27	and	and	CCONJ
ajfa-1990	151	28	trading	trading	NOUN
ajfa-1990	151	29	volumes	volume	NOUN
ajfa-1990	151	30	and	and	CCONJ
ajfa-1990	151	31	then	then	ADV
ajfa-1990	151	32	both	both	CCONJ
ajfa-1990	151	33	the	the	DET
ajfa-1990	151	34	test	test	NOUN
ajfa-1990	151	35	are	be	AUX
ajfa-1990	151	36	performed	perform	VERB
ajfa-1990	151	37	on	on	ADP
ajfa-1990	151	38	return	return	NOUN
ajfa-1990	151	39	series	series	PROPN
ajfa-1990	151	40	panel	panel	NOUN
ajfa-1990	151	41	a	a	DET
ajfa-1990	151	42	,	,	PUNCT
ajfa-1990	151	43	b	b	NOUN
ajfa-1990	151	44	respectively	respectively	ADV
ajfa-1990	151	45	.	.	PUNCT
ajfa-1990	152	1	the	the	DET
ajfa-1990	152	2	sample	sample	NOUN
ajfa-1990	152	3	return	return	NOUN
ajfa-1990	152	4	series	series	NOUN
ajfa-1990	152	5	and	and	CCONJ
ajfa-1990	152	6	asian	asian	ADJ
ajfa-1990	152	7	journal	journal	NOUN
ajfa-1990	152	8	of	of	ADP
ajfa-1990	152	9	finance	finance	PROPN
ajfa-1990	152	10	&	&	CCONJ
ajfa-1990	152	11	accounting	accounting	PROPN
ajfa-1990	152	12	issn	issn	PROPN
ajfa-1990	152	13	1946	1946	NUM
ajfa-1990	152	14	-	-	PUNCT
ajfa-1990	152	15	052x	052x	NOUN
ajfa-1990	152	16	2012	2012	NUM
ajfa-1990	152	17	,	,	PUNCT
ajfa-1990	152	18	vol	vol	NOUN
ajfa-1990	152	19	.	.	PROPN
ajfa-1990	152	20	4	4	NUM
ajfa-1990	152	21	,	,	PUNCT
ajfa-1990	152	22	no	no	INTJ
ajfa-1990	152	23	.	.	NOUN
ajfa-1990	152	24	2	2	NUM
ajfa-1990	152	25	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-1990	152	26	209	209	NUM
ajfa-1990	152	27	trading	trading	NOUN
ajfa-1990	152	28	volume	volume	NOUN
ajfa-1990	152	29	exhibit	exhibit	NOUN
ajfa-1990	152	30	stationarity	stationarity	NOUN
ajfa-1990	152	31	thus	thus	ADV
ajfa-1990	152	32	conforming	conform	VERB
ajfa-1990	152	33	that	that	DET
ajfa-1990	152	34	spot	spot	NOUN
ajfa-1990	152	35	and	and	CCONJ
ajfa-1990	152	36	future	future	ADJ
ajfa-1990	152	37	commodity	commodity	NOUN
ajfa-1990	152	38	prices	price	NOUN
ajfa-1990	152	39	and	and	CCONJ
ajfa-1990	152	40	trading	trading	NOUN
ajfa-1990	152	41	volume	volume	NOUN
ajfa-1990	152	42	are	be	AUX
ajfa-1990	152	43	integrated	integrate	VERB
ajfa-1990	152	44	to	to	ADP
ajfa-1990	152	45	the	the	DET
ajfa-1990	152	46	first	first	ADJ
ajfa-1990	152	47	order	order	NOUN
ajfa-1990	152	48	.	.	PUNCT
ajfa-1990	153	1	table	table	NOUN
ajfa-1990	153	2	2	2	NUM
ajfa-1990	153	3	.	.	PUNCT
ajfa-1990	154	1	a	a	DET
ajfa-1990	154	2	-	-	PUNCT
ajfa-1990	154	3	priceseries	priceserie	NOUN
ajfa-1990	154	4	b	b	NOUN
ajfa-1990	154	5	-	-	PUNCT
ajfa-1990	154	6	inference	inference	NOUN
ajfa-1990	154	7	on	on	ADP
ajfa-1990	154	8	return	return	NOUN
ajfa-1990	154	9	series	series	NOUN
ajfa-1990	154	10	integration	integration	NOUN
ajfa-1990	154	11	i	i	PRON
ajfa-1990	154	12	(	(	PUNCT
ajfa-1990	154	13	i	i	NOUN
ajfa-1990	154	14	)	)	PUNCT
ajfa-1990	154	15	commodities	commodity	NOUN
ajfa-1990	154	16	adf	adf	PROPN
ajfa-1990	154	17	test	test	PROPN
ajfa-1990	154	18	phillips	phillips	PROPN
ajfa-1990	154	19	-	-	PUNCT
ajfa-1990	154	20	perron	perron	PROPN
ajfa-1990	154	21	test	test	NOUN
ajfa-1990	154	22	adf	adf	PROPN
ajfa-1990	154	23	test	test	PROPN
ajfa-1990	154	24	phillips	phillips	PROPN
ajfa-1990	154	25	-	-	PUNCT
ajfa-1990	154	26	perron	perron	PROPN
ajfa-1990	154	27	test	test	NOUN
ajfa-1990	154	28	t	t	PROPN
ajfa-1990	154	29	-	-	PUNCT
ajfa-1990	154	30	statistics	statistic	NOUN
ajfa-1990	154	31	t	t	PROPN
ajfa-1990	154	32	-	-	PUNCT
ajfa-1990	154	33	statistics	statistic	NOUN
ajfa-1990	154	34	t	t	PROPN
ajfa-1990	154	35	-	-	PUNCT
ajfa-1990	154	36	statistics	statistic	NOUN
ajfa-1990	154	37	t	t	PROPN
ajfa-1990	154	38	-	-	PUNCT
ajfa-1990	154	39	statistics	statistic	NOUN
ajfa-1990	154	40	guarseed	guarseed	NOUN
ajfa-1990	154	41	(	(	PUNCT
ajfa-1990	154	42	a)(trading	a)(trading	NOUN
ajfa-1990	154	43	volume	volume	NOUN
ajfa-1990	154	44	)	)	PUNCT
ajfa-1990	154	45	-2.09	-2.09	VERB
ajfa-1990	154	46	-2.10	-2.10	NOUN
ajfa-1990	154	47	-36.5	-36.5	NUM
ajfa-1990	155	1	*	*	PUNCT
ajfa-1990	155	2	*	*	PUNCT
ajfa-1990	155	3	-36.51	-36.51	PUNCT
ajfa-1990	156	1	*	*	PUNCT
ajfa-1990	156	2	*	*	PUNCT
ajfa-1990	156	3	(	(	PUNCT
ajfa-1990	156	4	b)future	b)future	NOUN
ajfa-1990	156	5	-	-	PUNCT
ajfa-1990	156	6	price	price	NOUN
ajfa-1990	156	7	-2.19	-2.19	NOUN
ajfa-1990	156	8	-2.17	-2.17	NOUN
ajfa-1990	157	1	-36.5	-36.5	NUM
ajfa-1990	157	2	*	*	PUNCT
ajfa-1990	157	3	*	*	PUNCT
ajfa-1990	157	4	-36.51	-36.51	PUNCT
ajfa-1990	158	1	*	*	PUNCT
ajfa-1990	158	2	*	*	PUNCT
ajfa-1990	158	3	(	(	PUNCT
ajfa-1990	158	4	c)spot	c)spot	NOUN
ajfa-1990	158	5	-	-	PUNCT
ajfa-1990	158	6	price	price	NOUN
ajfa-1990	158	7	-1.1	-1.1	PROPN
ajfa-1990	158	8	-1.3	-1.3	PROPN
ajfa-1990	158	9	-24.9	-24.9	PROPN
ajfa-1990	158	10	*	*	PUNCT
ajfa-1990	158	11	*	*	PUNCT
ajfa-1990	158	12	-42.18	-42.18	PUNCT
ajfa-1990	158	13	*	*	PUNCT
ajfa-1990	158	14	*	*	PUNCT
ajfa-1990	158	15	turmeric	turmeric	ADJ
ajfa-1990	158	16	-2.37	-2.37	ADJ
ajfa-1990	158	17	-2.27	-2.27	PROPN
ajfa-1990	158	18	-34.22	-34.22	PROPN
ajfa-1990	158	19	*	*	PUNCT
ajfa-1990	158	20	*	*	PUNCT
ajfa-1990	158	21	-32.12	-32.12	PUNCT
ajfa-1990	158	22	*	*	PUNCT
ajfa-1990	158	23	*	*	PUNCT
ajfa-1990	158	24	(	(	PUNCT
ajfa-1990	158	25	a)(trading	a)(trading	NOUN
ajfa-1990	158	26	volume	volume	NOUN
ajfa-1990	158	27	)	)	PUNCT
ajfa-1990	158	28	(	(	PUNCT
ajfa-1990	158	29	b)future	b)future	NOUN
ajfa-1990	158	30	-	-	PUNCT
ajfa-1990	158	31	price	price	NOUN
ajfa-1990	158	32	-2.67	-2.67	NOUN
ajfa-1990	158	33	-2.67	-2.67	NOUN
ajfa-1990	159	1	-36.33	-36.33	PUNCT
ajfa-1990	159	2	*	*	PUNCT
ajfa-1990	159	3	*	*	PUNCT
ajfa-1990	160	1	-36.33	-36.33	PUNCT
ajfa-1990	160	2	*	*	PUNCT
ajfa-1990	160	3	*	*	PUNCT
ajfa-1990	160	4	(	(	PUNCT
ajfa-1990	160	5	c)spot	c)spot	NOUN
ajfa-1990	160	6	-	-	PUNCT
ajfa-1990	160	7	price	price	NOUN
ajfa-1990	160	8	1.85	1.85	NUM
ajfa-1990	160	9	3.09	3.09	NUM
ajfa-1990	160	10	-8.36	-8.36	NOUN
ajfa-1990	160	11	*	*	PROPN
ajfa-1990	160	12	*	*	PUNCT
ajfa-1990	160	13	-36.84	-36.84	PROPN
ajfa-1990	160	14	*	*	PUNCT
ajfa-1990	160	15	*	*	PUNCT
ajfa-1990	160	16	soybean	soybean	NOUN
ajfa-1990	160	17	(	(	PUNCT
ajfa-1990	160	18	a)trading	a)trading	NOUN
ajfa-1990	160	19	volume	volume	NOUN
ajfa-1990	160	20	)	)	PUNCT
ajfa-1990	160	21	-0.47	-0.47	PROPN
ajfa-1990	160	22	-0.49	-0.49	X
ajfa-1990	160	23	-25.62	-25.62	NOUN
ajfa-1990	160	24	*	*	PUNCT
ajfa-1990	160	25	*	*	PUNCT
ajfa-1990	160	26	-23.23	-23.23	PUNCT
ajfa-1990	160	27	*	*	PUNCT
ajfa-1990	160	28	*	*	PUNCT
ajfa-1990	160	29	(	(	PUNCT
ajfa-1990	160	30	a)future	a)future	NOUN
ajfa-1990	160	31	-	-	PUNCT
ajfa-1990	160	32	price	price	NOUN
ajfa-1990	160	33	-0.57	-0.57	NOUN
ajfa-1990	160	34	-0.53	-0.53	NOUN
ajfa-1990	160	35	-26.75	-26.75	NOUN
ajfa-1990	160	36	*	*	PUNCT
ajfa-1990	160	37	*	*	PUNCT
ajfa-1990	161	1	-26.74	-26.74	PUNCT
ajfa-1990	161	2	*	*	PUNCT
ajfa-1990	161	3	*	*	PUNCT
ajfa-1990	161	4	(	(	PUNCT
ajfa-1990	161	5	b)spot	b)spot	NOUN
ajfa-1990	161	6	-	-	PUNCT
ajfa-1990	161	7	price	price	NOUN
ajfa-1990	161	8	-0.42	-0.42	PRON
ajfa-1990	161	9	-0.42	-0.42	NUM
ajfa-1990	161	10	-27.76	-27.76	PROPN
ajfa-1990	161	11	*	*	PUNCT
ajfa-1990	161	12	*	*	PUNCT
ajfa-1990	161	13	-27.71	-27.71	PUNCT
ajfa-1990	161	14	*	*	PUNCT
ajfa-1990	161	15	*	*	PUNCT
ajfa-1990	161	16	black	black	ADJ
ajfa-1990	161	17	pepper	pepper	NOUN
ajfa-1990	161	18	(	(	PUNCT
ajfa-1990	161	19	a)trading	a)trade	VERB
ajfa-1990	161	20	volume	volume	NOUN
ajfa-1990	161	21	0.91	0.91	NUM
ajfa-1990	161	22	0.72	0.72	NUM
ajfa-1990	161	23	-33.84	-33.84	PROPN
ajfa-1990	162	1	*	*	PUNCT
ajfa-1990	162	2	*	*	PUNCT
ajfa-1990	162	3	-32.34	-32.34	PUNCT
ajfa-1990	163	1	*	*	PUNCT
ajfa-1990	163	2	*	*	PUNCT
ajfa-1990	163	3	(	(	PUNCT
ajfa-1990	163	4	a)future	a)future	NOUN
ajfa-1990	163	5	-	-	PUNCT
ajfa-1990	163	6	price	price	NOUN
ajfa-1990	163	7	0.81	0.81	NUM
ajfa-1990	163	8	0.69	0.69	NUM
ajfa-1990	163	9	-34.95	-34.95	PUNCT
ajfa-1990	164	1	*	*	PUNCT
ajfa-1990	164	2	*	*	PUNCT
ajfa-1990	164	3	-34.95	-34.95	PUNCT
ajfa-1990	165	1	*	*	PUNCT
ajfa-1990	165	2	*	*	PUNCT
ajfa-1990	165	3	(	(	PUNCT
ajfa-1990	165	4	b)spot	b)spot	NOUN
ajfa-1990	165	5	-	-	PUNCT
ajfa-1990	165	6	price	price	NOUN
ajfa-1990	165	7	-0.1	-0.1	PROPN
ajfa-1990	165	8	-0.16	-0.16	PROPN
ajfa-1990	165	9	-36.44	-36.44	PROPN
ajfa-1990	165	10	*	*	PUNCT
ajfa-1990	165	11	*	*	PUNCT
ajfa-1990	165	12	-36.45	-36.45	PUNCT
ajfa-1990	165	13	*	*	PUNCT
ajfa-1990	165	14	*	*	PUNCT
ajfa-1990	165	15	barley	barley	NOUN
ajfa-1990	165	16	(	(	PUNCT
ajfa-1990	165	17	a)trading	a)trade	VERB
ajfa-1990	165	18	volume	volume	NOUN
ajfa-1990	165	19	0.34	0.34	NUM
ajfa-1990	165	20	0.3	0.3	NUM
ajfa-1990	165	21	-41.36	-41.36	PUNCT
ajfa-1990	165	22	*	*	PUNCT
ajfa-1990	165	23	*	*	PUNCT
ajfa-1990	165	24	-41.35	-41.35	PUNCT
ajfa-1990	165	25	*	*	PUNCT
ajfa-1990	165	26	*	*	PUNCT
ajfa-1990	165	27	(	(	PUNCT
ajfa-1990	165	28	a)future	a)future	NOUN
ajfa-1990	165	29	-	-	PUNCT
ajfa-1990	165	30	price	price	NOUN
ajfa-1990	165	31	0.36	0.36	NUM
ajfa-1990	165	32	0.4	0.4	NUM
ajfa-1990	165	33	-42.47	-42.47	PUNCT
ajfa-1990	166	1	*	*	PUNCT
ajfa-1990	166	2	*	*	PUNCT
ajfa-1990	166	3	-42.47	-42.47	PUNCT
ajfa-1990	166	4	*	*	PUNCT
ajfa-1990	166	5	*	*	PUNCT
ajfa-1990	166	6	(	(	PUNCT
ajfa-1990	166	7	b)spot	b)spot	NOUN
ajfa-1990	166	8	-	-	PUNCT
ajfa-1990	166	9	price	price	NOUN
ajfa-1990	166	10	-0.35	-0.35	NOUN
ajfa-1990	166	11	-0.32	-0.32	VERB
ajfa-1990	166	12	-43.76	-43.76	PROPN
ajfa-1990	167	1	*	*	PUNCT
ajfa-1990	167	2	*	*	PUNCT
ajfa-1990	167	3	-43.76	-43.76	PUNCT
ajfa-1990	167	4	*	*	PUNCT
ajfa-1990	167	5	*	*	PUNCT
ajfa-1990	167	6	maize	maize	NOUN
ajfa-1990	167	7	(	(	PUNCT
ajfa-1990	167	8	a)trading	a)trade	VERB
ajfa-1990	167	9	volume	volume	NOUN
ajfa-1990	167	10	0.33	0.33	NUM
ajfa-1990	167	11	0.3	0.3	NUM
ajfa-1990	167	12	-41.36	-41.36	PUNCT
ajfa-1990	167	13	*	*	PUNCT
ajfa-1990	167	14	*	*	PUNCT
ajfa-1990	167	15	-41.32	-41.32	PUNCT
ajfa-1990	167	16	*	*	PUNCT
ajfa-1990	167	17	*	*	PUNCT
ajfa-1990	167	18	(	(	PUNCT
ajfa-1990	167	19	a)future	a)future	NOUN
ajfa-1990	167	20	-	-	PUNCT
ajfa-1990	167	21	price	price	NOUN
ajfa-1990	167	22	0.32	0.32	NUM
ajfa-1990	167	23	0.3	0.3	NUM
ajfa-1990	167	24	-33.95	-33.95	PUNCT
ajfa-1990	168	1	*	*	PUNCT
ajfa-1990	168	2	*	*	PUNCT
ajfa-1990	169	1	-33.74	-33.74	PUNCT
ajfa-1990	169	2	*	*	PUNCT
ajfa-1990	169	3	*	*	PUNCT
ajfa-1990	169	4	(	(	PUNCT
ajfa-1990	169	5	b)spot	b)spot	NOUN
ajfa-1990	169	6	-	-	PUNCT
ajfa-1990	169	7	price	price	NOUN
ajfa-1990	169	8	-0.33	-0.33	NOUN
ajfa-1990	169	9	-0.36	-0.36	NUM
ajfa-1990	169	10	-35.44	-35.44	PUNCT
ajfa-1990	169	11	*	*	PUNCT
ajfa-1990	169	12	*	*	PUNCT
ajfa-1990	169	13	-37.43	-37.43	NUM
ajfa-1990	169	14	*	*	PUNCT
ajfa-1990	169	15	*	*	NOUN
ajfa-1990	169	16	castor	castor	NOUN
ajfa-1990	169	17	seed	seed	NOUN
ajfa-1990	169	18	(	(	PUNCT
ajfa-1990	169	19	a)trading	a)trade	VERB
ajfa-1990	169	20	volume	volume	NOUN
ajfa-1990	169	21	0.71	0.71	NUM
ajfa-1990	169	22	0.57	0.57	NUM
ajfa-1990	169	23	-39.75	-39.75	X
ajfa-1990	169	24	*	*	PUNCT
ajfa-1990	169	25	*	*	PUNCT
ajfa-1990	169	26	-37.95	-37.95	PUNCT
ajfa-1990	169	27	*	*	PUNCT
ajfa-1990	169	28	*	*	PUNCT
ajfa-1990	169	29	(	(	PUNCT
ajfa-1990	169	30	a)future	a)future	NOUN
ajfa-1990	169	31	-	-	PUNCT
ajfa-1990	169	32	price	price	NOUN
ajfa-1990	169	33	0.71	0.71	NUM
ajfa-1990	169	34	0.57	0.57	NUM
ajfa-1990	169	35	-39.75	-39.75	X
ajfa-1990	169	36	*	*	PUNCT
ajfa-1990	169	37	*	*	PUNCT
ajfa-1990	169	38	-37.95	-37.95	PUNCT
ajfa-1990	169	39	*	*	PUNCT
ajfa-1990	169	40	*	*	PUNCT
ajfa-1990	169	41	(	(	PUNCT
ajfa-1990	169	42	b)spot	b)spot	NOUN
ajfa-1990	169	43	-	-	PUNCT
ajfa-1990	169	44	price	price	NOUN
ajfa-1990	169	45	-0.2	-0.2	NOUN
ajfa-1990	169	46	-0.75	-0.75	NUM
ajfa-1990	169	47	-36.34	-36.34	PROPN
ajfa-1990	169	48	*	*	PUNCT
ajfa-1990	169	49	*	*	PUNCT
ajfa-1990	169	50	-39.45	-39.45	PUNCT
ajfa-1990	169	51	*	*	PUNCT
ajfa-1990	169	52	*	*	PUNCT
ajfa-1990	169	53	destabilisation	destabilisation	NOUN
ajfa-1990	169	54	effect	effect	NOUN
ajfa-1990	169	55	to	to	PART
ajfa-1990	169	56	understand	understand	VERB
ajfa-1990	169	57	the	the	DET
ajfa-1990	169	58	destabilization	destabilization	NOUN
ajfa-1990	169	59	effect	effect	NOUN
ajfa-1990	169	60	which	which	PRON
ajfa-1990	169	61	is	be	AUX
ajfa-1990	169	62	a	a	DET
ajfa-1990	169	63	relationship	relationship	NOUN
ajfa-1990	169	64	of	of	ADP
ajfa-1990	169	65	futures	future	NOUN
ajfa-1990	169	66	liquidity	liquidity	NOUN
ajfa-1990	169	67	and	and	CCONJ
ajfa-1990	169	68	spot	spot	NOUN
ajfa-1990	169	69	market	market	NOUN
ajfa-1990	169	70	volatility	volatility	NOUN
ajfa-1990	169	71	,	,	PUNCT
ajfa-1990	169	72	the	the	DET
ajfa-1990	169	73	data	data	NOUN
ajfa-1990	169	74	is	be	AUX
ajfa-1990	169	75	filtered	filter	VERB
ajfa-1990	169	76	using	use	VERB
ajfa-1990	169	77	hedrick	hedrick	PROPN
ajfa-1990	169	78	prescott	prescott	PROPN
ajfa-1990	169	79	(	(	PUNCT
ajfa-1990	169	80	hp	hp	PROPN
ajfa-1990	169	81	)	)	PUNCT
ajfa-1990	169	82	filter	filter	NOUN
ajfa-1990	169	83	and	and	CCONJ
ajfa-1990	169	84	unexpected	unexpected	ADJ
ajfa-1990	169	85	variable	variable	NOUN
ajfa-1990	169	86	(	(	PUNCT
ajfa-1990	169	87	unexpected	unexpected	ADJ
ajfa-1990	169	88	liquidity	liquidity	NOUN
ajfa-1990	169	89	)	)	PUNCT
ajfa-1990	169	90	is	be	AUX
ajfa-1990	169	91	formulated	formulate	VERB
ajfa-1990	169	92	by	by	ADP
ajfa-1990	169	93	subtracting	subtract	VERB
ajfa-1990	169	94	hp	hp	ADJ
ajfa-1990	169	95	trend	trend	NOUN
ajfa-1990	169	96	variable	variable	NOUN
ajfa-1990	169	97	which	which	PRON
ajfa-1990	169	98	was	be	AUX
ajfa-1990	169	99	generated	generate	VERB
ajfa-1990	169	100	when	when	SCONJ
ajfa-1990	169	101	data	datum	NOUN
ajfa-1990	169	102	was	be	AUX
ajfa-1990	169	103	filtered	filter	VERB
ajfa-1990	169	104	from	from	ADP
ajfa-1990	169	105	trading	trading	NOUN
ajfa-1990	169	106	volume	volume	NOUN
ajfa-1990	169	107	.	.	PUNCT
ajfa-1990	170	1	unexpected	unexpected	ADJ
ajfa-1990	170	2	volatility	volatility	NOUN
ajfa-1990	170	3	of	of	ADP
ajfa-1990	170	4	spot	spot	NOUN
ajfa-1990	170	5	market	market	NOUN
ajfa-1990	170	6	returns	return	NOUN
ajfa-1990	170	7	was	be	AUX
ajfa-1990	170	8	estimated	estimate	VERB
ajfa-1990	170	9	by	by	ADP
ajfa-1990	170	10	taking	take	VERB
ajfa-1990	170	11	the	the	DET
ajfa-1990	170	12	residuals	residual	NOUN
ajfa-1990	170	13	of	of	ADP
ajfa-1990	170	14	bollerslev	bollerslev	ADJ
ajfa-1990	170	15	(	(	PUNCT
ajfa-1990	170	16	1986	1986	NUM
ajfa-1990	170	17	)	)	PUNCT
ajfa-1990	170	18	generalize	generalize	VERB
ajfa-1990	170	19	autoregressive	autoregressive	ADJ
ajfa-1990	170	20	asian	asian	ADJ
ajfa-1990	170	21	journal	journal	NOUN
ajfa-1990	170	22	of	of	ADP
ajfa-1990	170	23	finance	finance	PROPN
ajfa-1990	170	24	&	&	CCONJ
ajfa-1990	170	25	accounting	accounting	PROPN
ajfa-1990	170	26	issn	issn	PROPN
ajfa-1990	170	27	1946	1946	NUM
ajfa-1990	170	28	-	-	PUNCT
ajfa-1990	170	29	052x	052x	NOUN
ajfa-1990	170	30	2012	2012	NUM
ajfa-1990	170	31	,	,	PUNCT
ajfa-1990	170	32	vol	vol	NOUN
ajfa-1990	170	33	.	.	PROPN
ajfa-1990	170	34	4	4	NUM
ajfa-1990	170	35	,	,	PUNCT
ajfa-1990	170	36	no	no	INTJ
ajfa-1990	170	37	.	.	NOUN
ajfa-1990	170	38	2	2	NUM
ajfa-1990	170	39	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-1990	170	40	210	210	NUM
ajfa-1990	170	41	conditional	conditional	ADJ
ajfa-1990	170	42	heteroscedasticity	heteroscedasticity	NOUN
ajfa-1990	170	43	(	(	PUNCT
ajfa-1990	170	44	garch	garch	NOUN
ajfa-1990	170	45	)	)	PUNCT
ajfa-1990	170	46	model	model	NOUN
ajfa-1990	171	1	and	and	CCONJ
ajfa-1990	171	2	then	then	ADV
ajfa-1990	171	3	we	we	PRON
ajfa-1990	171	4	perform	perform	VERB
ajfa-1990	171	5	the	the	DET
ajfa-1990	171	6	causality	causality	NOUN
ajfa-1990	171	7	tests	test	NOUN
ajfa-1990	171	8	between	between	ADP
ajfa-1990	171	9	spot	spot	NOUN
ajfa-1990	171	10	volatility	volatility	NOUN
ajfa-1990	171	11	and	and	CCONJ
ajfa-1990	171	12	unexpected	unexpected	ADJ
ajfa-1990	171	13	trading	trading	NOUN
ajfa-1990	171	14	volume	volume	NOUN
ajfa-1990	171	15	,	,	PUNCT
ajfa-1990	171	16	we	we	PRON
ajfa-1990	171	17	choose	choose	VERB
ajfa-1990	171	18	the	the	DET
ajfa-1990	171	19	appropriate	appropriate	ADJ
ajfa-1990	171	20	lag	lag	NOUN
ajfa-1990	171	21	length	length	NOUN
ajfa-1990	171	22	using	use	VERB
ajfa-1990	171	23	aic	aic	PROPN
ajfa-1990	171	24	(	(	PUNCT
ajfa-1990	171	25	akaike	akaike	ADJ
ajfa-1990	171	26	information	information	NOUN
ajfa-1990	171	27	criterion	criterion	NOUN
ajfa-1990	171	28	)	)	PUNCT
ajfa-1990	171	29	lagged	lag	VERB
ajfa-1990	171	30	length	length	NOUN
ajfa-1990	171	31	of	of	ADP
ajfa-1990	171	32	each	each	DET
ajfa-1990	171	33	variable	variable	NOUN
ajfa-1990	171	34	in	in	ADP
ajfa-1990	171	35	this	this	DET
ajfa-1990	171	36	study	study	NOUN
ajfa-1990	171	37	consistently	consistently	ADV
ajfa-1990	171	38	,	,	PUNCT
ajfa-1990	171	39	to	to	PART
ajfa-1990	171	40	have	have	VERB
ajfa-1990	171	41	a	a	DET
ajfa-1990	171	42	clear	clear	ADJ
ajfa-1990	171	43	understanding	understanding	NOUN
ajfa-1990	171	44	whether	whether	SCONJ
ajfa-1990	171	45	futures	future	NOUN
ajfa-1990	171	46	trading	trading	NOUN
ajfa-1990	171	47	are	be	AUX
ajfa-1990	171	48	leading	lead	VERB
ajfa-1990	171	49	to	to	PART
ajfa-1990	171	50	rise	rise	VERB
ajfa-1990	171	51	in	in	ADP
ajfa-1990	171	52	spot	spot	NOUN
ajfa-1990	171	53	price	price	NOUN
ajfa-1990	171	54	volatility	volatility	NOUN
ajfa-1990	171	55	or	or	CCONJ
ajfa-1990	171	56	vice	vice	NOUN
ajfa-1990	171	57	-	-	NOUN
ajfa-1990	171	58	versa	versa	NOUN
ajfa-1990	171	59	.	.	PUNCT
ajfa-1990	172	1	the	the	DET
ajfa-1990	172	2	next	next	ADJ
ajfa-1990	172	3	step	step	NOUN
ajfa-1990	172	4	is	be	AUX
ajfa-1990	172	5	to	to	PART
ajfa-1990	172	6	conduct	conduct	VERB
ajfa-1990	172	7	diagnostic	diagnostic	ADJ
ajfa-1990	172	8	checking	checking	NOUN
ajfa-1990	172	9	on	on	ADP
ajfa-1990	172	10	the	the	DET
ajfa-1990	172	11	selected	select	VERB
ajfa-1990	172	12	model	model	NOUN
ajfa-1990	172	13	.	.	PUNCT
ajfa-1990	173	1	while	while	SCONJ
ajfa-1990	173	2	the	the	DET
ajfa-1990	173	3	volatility	volatility	NOUN
ajfa-1990	173	4	model	model	NOUN
ajfa-1990	173	5	later	later	ADV
ajfa-1990	173	6	will	will	AUX
ajfa-1990	173	7	be	be	AUX
ajfa-1990	173	8	used	use	VERB
ajfa-1990	173	9	in	in	ADP
ajfa-1990	173	10	a	a	DET
ajfa-1990	173	11	number	number	NOUN
ajfa-1990	173	12	of	of	ADP
ajfa-1990	173	13	different	different	ADJ
ajfa-1990	173	14	variation	variation	NOUN
ajfa-1990	173	15	,	,	PUNCT
ajfa-1990	173	16	the	the	DET
ajfa-1990	173	17	diagnostic	diagnostic	ADJ
ajfa-1990	173	18	checking	checking	NOUN
ajfa-1990	173	19	will	will	AUX
ajfa-1990	173	20	here	here	ADV
ajfa-1990	173	21	be	be	AUX
ajfa-1990	173	22	conducted	conduct	VERB
ajfa-1990	173	23	on	on	ADP
ajfa-1990	173	24	the	the	DET
ajfa-1990	173	25	core	core	NOUN
ajfa-1990	173	26	garch(1,1	garch(1,1	NOUN
ajfa-1990	173	27	)	)	PUNCT
ajfa-1990	173	28	model	model	NOUN
ajfa-1990	173	29	,	,	PUNCT
ajfa-1990	173	30	to	to	PART
ajfa-1990	173	31	see	see	VERB
ajfa-1990	173	32	if	if	SCONJ
ajfa-1990	173	33	it	it	PRON
ajfa-1990	173	34	is	be	AUX
ajfa-1990	173	35	a	a	DET
ajfa-1990	173	36	reasonable	reasonable	ADJ
ajfa-1990	173	37	fit	fit	NOUN
ajfa-1990	173	38	for	for	ADP
ajfa-1990	173	39	the	the	DET
ajfa-1990	173	40	return	return	NOUN
ajfa-1990	173	41	data	datum	NOUN
ajfa-1990	173	42	.later	.later	PUNCT
ajfa-1990	173	43	in	in	ADP
ajfa-1990	173	44	the	the	DET
ajfa-1990	173	45	empirical	empirical	ADJ
ajfa-1990	173	46	analysis	analysis	NOUN
ajfa-1990	173	47	goodness	goodness	NOUN
ajfa-1990	173	48	-	-	PUNCT
ajfa-1990	173	49	of	of	ADP
ajfa-1990	173	50	-	-	PUNCT
ajfa-1990	173	51	fit	fit	ADJ
ajfa-1990	173	52	estimates	estimate	NOUN
ajfa-1990	173	53	such	such	ADJ
ajfa-1990	173	54	as	as	ADP
ajfa-1990	173	55	lm	lm	NOUN
ajfa-1990	173	56	test	test	NOUN
ajfa-1990	173	57	and	and	CCONJ
ajfa-1990	173	58	ljung	ljung	ADJ
ajfa-1990	173	59	-	-	PUNCT
ajfa-1990	173	60	box	box	NOUN
ajfa-1990	173	61	q	q	NOUN
ajfa-1990	173	62	test	test	NOUN
ajfa-1990	173	63	will	will	AUX
ajfa-1990	173	64	be	be	AUX
ajfa-1990	173	65	conducted	conduct	VERB
ajfa-1990	173	66	to	to	PART
ajfa-1990	173	67	evaluate	evaluate	VERB
ajfa-1990	173	68	the	the	DET
ajfa-1990	173	69	various	various	ADJ
ajfa-1990	173	70	models	model	NOUN
ajfa-1990	173	71	ability	ability	NOUN
ajfa-1990	173	72	to	to	PART
ajfa-1990	173	73	fit	fit	VERB
ajfa-1990	173	74	the	the	DET
ajfa-1990	173	75	data	datum	NOUN
ajfa-1990	173	76	.	.	PUNCT
ajfa-1990	174	1	the	the	DET
ajfa-1990	174	2	diagnostic	diagnostic	ADJ
ajfa-1990	174	3	checking	checking	NOUN
ajfa-1990	174	4	tests	test	NOUN
ajfa-1990	174	5	are	be	AUX
ajfa-1990	174	6	conducted	conduct	VERB
ajfa-1990	174	7	on	on	ADP
ajfa-1990	174	8	the	the	DET
ajfa-1990	174	9	estimated	estimate	VERB
ajfa-1990	174	10	standardized	standardized	ADJ
ajfa-1990	174	11	residuals	residual	NOUN
ajfa-1990	174	12	,	,	PUNCT
ajfa-1990	174	13	which	which	PRON
ajfa-1990	174	14	should	should	AUX
ajfa-1990	174	15	have	have	VERB
ajfa-1990	174	16	the	the	DET
ajfa-1990	174	17	properties	property	NOUN
ajfa-1990	174	18	of	of	ADP
ajfa-1990	174	19	classical	classical	ADJ
ajfa-1990	174	20	regression	regression	NOUN
ajfa-1990	174	21	models	model	NOUN
ajfa-1990	174	22	,	,	PUNCT
ajfa-1990	174	23	i.e.	i.e.	X
ajfa-1990	174	24	they	they	PRON
ajfa-1990	174	25	should	should	AUX
ajfa-1990	174	26	be	be	AUX
ajfa-1990	174	27	white	white	ADJ
ajfa-1990	174	28	noise	noise	NOUN
ajfa-1990	174	29	.	.	PUNCT
ajfa-1990	175	1	this	this	PRON
ajfa-1990	175	2	implies	imply	VERB
ajfa-1990	175	3	that	that	SCONJ
ajfa-1990	175	4	they	they	PRON
ajfa-1990	175	5	should	should	AUX
ajfa-1990	175	6	display	display	VERB
ajfa-1990	175	7	no	no	DET
ajfa-1990	175	8	autocorrelation	autocorrelation	NOUN
ajfa-1990	175	9	,	,	PUNCT
ajfa-1990	175	10	no	no	DET
ajfa-1990	175	11	conditional	conditional	ADJ
ajfa-1990	175	12	heteroscedasticity	heteroscedasticity	NOUN
ajfa-1990	175	13	and	and	CCONJ
ajfa-1990	175	14	their	their	PRON
ajfa-1990	175	15	distribution	distribution	NOUN
ajfa-1990	175	16	should	should	AUX
ajfa-1990	175	17	be	be	AUX
ajfa-1990	175	18	equivalent	equivalent	ADJ
ajfa-1990	175	19	to	to	ADP
ajfa-1990	175	20	the	the	DET
ajfa-1990	175	21	error	error	NOUN
ajfa-1990	175	22	distribution	distribution	NOUN
ajfa-1990	175	23	used	use	VERB
ajfa-1990	175	24	in	in	ADP
ajfa-1990	175	25	the	the	DET
ajfa-1990	175	26	model	model	NOUN
ajfa-1990	175	27	estimation	estimation	NOUN
ajfa-1990	175	28	.	.	PUNCT
ajfa-1990	176	1	the	the	DET
ajfa-1990	176	2	model	model	NOUN
ajfa-1990	176	3	is	be	AUX
ajfa-1990	176	4	corrected	correct	VERB
ajfa-1990	176	5	using	use	VERB
ajfa-1990	176	6	the	the	DET
ajfa-1990	176	7	parameters	parameter	NOUN
ajfa-1990	176	8	of	of	ADP
ajfa-1990	176	9	goodness	goodness	NOUN
ajfa-1990	176	10	of	of	ADP
ajfa-1990	176	11	fit	fit	ADJ
ajfa-1990	176	12	but	but	CCONJ
ajfa-1990	176	13	are	be	AUX
ajfa-1990	176	14	not	not	PART
ajfa-1990	176	15	reported	report	VERB
ajfa-1990	176	16	because	because	SCONJ
ajfa-1990	176	17	of	of	ADP
ajfa-1990	176	18	space	space	NOUN
ajfa-1990	176	19	.	.	PUNCT
ajfa-1990	177	1	applying	apply	VERB
ajfa-1990	177	2	this	this	DET
ajfa-1990	177	3	methodology	methodology	NOUN
ajfa-1990	177	4	on	on	ADP
ajfa-1990	177	5	seven	seven	NUM
ajfa-1990	177	6	agricultural	agricultural	ADJ
ajfa-1990	177	7	commodities	commodity	NOUN
ajfa-1990	177	8	the	the	DET
ajfa-1990	177	9	following	following	ADJ
ajfa-1990	177	10	results	result	NOUN
ajfa-1990	177	11	were	be	AUX
ajfa-1990	177	12	revealed	reveal	VERB
ajfa-1990	177	13	.	.	PUNCT
ajfa-1990	178	1	in	in	ADP
ajfa-1990	178	2	case	case	NOUN
ajfa-1990	178	3	of	of	ADP
ajfa-1990	178	4	guarseed	guarseed	NOUN
ajfa-1990	178	5	,	,	PUNCT
ajfa-1990	178	6	turmeric	turmeric	NOUN
ajfa-1990	178	7	,	,	PUNCT
ajfa-1990	178	8	soybean	soybean	NOUN
ajfa-1990	178	9	,	,	PUNCT
ajfa-1990	178	10	maize	maize	NOUN
ajfa-1990	178	11	and	and	CCONJ
ajfa-1990	178	12	castor	castor	NOUN
ajfa-1990	178	13	seed	seed	NOUN
ajfa-1990	178	14	the	the	DET
ajfa-1990	178	15	study	study	NOUN
ajfa-1990	178	16	confirms	confirm	VERB
ajfa-1990	178	17	that	that	SCONJ
ajfa-1990	178	18	futures	future	NOUN
ajfa-1990	178	19	market	market	NOUN
ajfa-1990	178	20	liquidity	liquidity	NOUN
ajfa-1990	178	21	(	(	PUNCT
ajfa-1990	178	22	based	base	VERB
ajfa-1990	178	23	on	on	ADP
ajfa-1990	178	24	trading	trading	NOUN
ajfa-1990	178	25	volume	volume	NOUN
ajfa-1990	178	26	)	)	PUNCT
ajfa-1990	178	27	tends	tend	VERB
ajfa-1990	178	28	to	to	PART
ajfa-1990	178	29	drive	drive	VERB
ajfa-1990	178	30	spot	spot	NOUN
ajfa-1990	178	31	market	market	NOUN
ajfa-1990	178	32	volatility	volatility	NOUN
ajfa-1990	178	33	i.e.	i.e.	ADV
ajfa-1990	178	34	stating	state	VERB
ajfa-1990	178	35	destabilizing	destabilizing	ADJ
ajfa-1990	178	36	effect	effect	NOUN
ajfa-1990	178	37	.	.	PUNCT
ajfa-1990	179	1	this	this	DET
ajfa-1990	179	2	evidence	evidence	NOUN
ajfa-1990	179	3	is	be	AUX
ajfa-1990	179	4	consistent	consistent	ADJ
ajfa-1990	179	5	with	with	ADP
ajfa-1990	179	6	bessembinder	bessembinder	NOUN
ajfa-1990	179	7	and	and	CCONJ
ajfa-1990	179	8	seguin	seguin	PROPN
ajfa-1990	179	9	(	(	PUNCT
ajfa-1990	179	10	1992	1992	NUM
ajfa-1990	179	11	)	)	PUNCT
ajfa-1990	179	12	.	.	PUNCT
ajfa-1990	180	1	our	our	PRON
ajfa-1990	180	2	results	result	NOUN
ajfa-1990	180	3	indicate	indicate	VERB
ajfa-1990	180	4	that	that	SCONJ
ajfa-1990	180	5	the	the	DET
ajfa-1990	180	6	commodity	commodity	NOUN
ajfa-1990	180	7	spot	spot	NOUN
ajfa-1990	180	8	volatility	volatility	NOUN
ajfa-1990	180	9	is	be	AUX
ajfa-1990	180	10	significantly	significantly	ADV
ajfa-1990	180	11	impacted	impact	VERB
ajfa-1990	180	12	by	by	ADP
ajfa-1990	180	13	the	the	DET
ajfa-1990	180	14	unexpected	unexpected	ADJ
ajfa-1990	180	15	futures	future	NOUN
ajfa-1990	180	16	trading	trading	NOUN
ajfa-1990	180	17	volume	volume	NOUN
ajfa-1990	180	18	for	for	ADP
ajfa-1990	180	19	five	five	NUM
ajfa-1990	180	20	agricultural	agricultural	ADJ
ajfa-1990	180	21	commodities	commodity	NOUN
ajfa-1990	180	22	out	out	ADP
ajfa-1990	180	23	of	of	ADP
ajfa-1990	180	24	total	total	ADJ
ajfa-1990	180	25	7	7	NUM
ajfa-1990	180	26	taken	take	VERB
ajfa-1990	180	27	under	under	ADP
ajfa-1990	180	28	study	study	NOUN
ajfa-1990	180	29	,	,	PUNCT
ajfa-1990	180	30	excluding	exclude	VERB
ajfa-1990	180	31	pepper	pepper	NOUN
ajfa-1990	180	32	and	and	CCONJ
ajfa-1990	180	33	barley	barley	NOUN
ajfa-1990	180	34	see	see	VERB
ajfa-1990	180	35	table	table	NOUN
ajfa-1990	180	36	iii	iii	NOUN
ajfa-1990	180	37	.	.	PUNCT
ajfa-1990	181	1	this	this	PRON
ajfa-1990	181	2	may	may	AUX
ajfa-1990	181	3	be	be	AUX
ajfa-1990	181	4	because	because	SCONJ
ajfa-1990	181	5	of	of	ADP
ajfa-1990	181	6	high	high	ADJ
ajfa-1990	181	7	transaction	transaction	NOUN
ajfa-1990	181	8	costs	cost	NOUN
ajfa-1990	181	9	or	or	CCONJ
ajfa-1990	181	10	the	the	DET
ajfa-1990	181	11	friction	friction	NOUN
ajfa-1990	181	12	associated	associate	VERB
ajfa-1990	181	13	with	with	ADP
ajfa-1990	181	14	the	the	DET
ajfa-1990	181	15	spot	spot	NOUN
ajfa-1990	181	16	market	market	NOUN
ajfa-1990	181	17	and	and	CCONJ
ajfa-1990	181	18	also	also	ADV
ajfa-1990	181	19	in	in	ADP
ajfa-1990	181	20	india	india	PROPN
ajfa-1990	181	21	spot	spot	NOUN
ajfa-1990	181	22	market	market	NOUN
ajfa-1990	181	23	is	be	AUX
ajfa-1990	181	24	slow	slow	ADJ
ajfa-1990	181	25	in	in	ADP
ajfa-1990	181	26	assimilating	assimilate	VERB
ajfa-1990	181	27	information	information	NOUN
ajfa-1990	181	28	coming	come	VERB
ajfa-1990	181	29	from	from	ADP
ajfa-1990	181	30	futures	future	NOUN
ajfa-1990	181	31	markets	market	NOUN
ajfa-1990	181	32	thereby	thereby	ADV
ajfa-1990	181	33	confirming	confirm	VERB
ajfa-1990	181	34	the	the	DET
ajfa-1990	181	35	dominant	dominant	ADJ
ajfa-1990	181	36	role	role	NOUN
ajfa-1990	181	37	of	of	ADP
ajfa-1990	181	38	futures	future	NOUN
ajfa-1990	181	39	market	market	NOUN
ajfa-1990	181	40	.	.	PUNCT
ajfa-1990	182	1	the	the	DET
ajfa-1990	182	2	finding	finding	NOUN
ajfa-1990	182	3	of	of	ADP
ajfa-1990	182	4	destabilizing	destabilizing	ADJ
ajfa-1990	182	5	effect	effect	NOUN
ajfa-1990	182	6	of	of	ADP
ajfa-1990	182	7	futures	future	NOUN
ajfa-1990	182	8	trading	trading	NOUN
ajfa-1990	182	9	volume	volume	NOUN
ajfa-1990	182	10	on	on	ADP
ajfa-1990	182	11	spot	spot	NOUN
ajfa-1990	182	12	volatility	volatility	NOUN
ajfa-1990	182	13	is	be	AUX
ajfa-1990	182	14	in	in	ADP
ajfa-1990	182	15	line	line	NOUN
ajfa-1990	182	16	with	with	ADP
ajfa-1990	182	17	the	the	DET
ajfa-1990	182	18	large	large	ADJ
ajfa-1990	182	19	number	number	NOUN
ajfa-1990	182	20	of	of	ADP
ajfa-1990	182	21	empirical	empirical	ADJ
ajfa-1990	182	22	studies	study	NOUN
ajfa-1990	182	23	who	who	PRON
ajfa-1990	182	24	also	also	ADV
ajfa-1990	182	25	report	report	VERB
ajfa-1990	182	26	positive	positive	ADJ
ajfa-1990	182	27	relationship	relationship	NOUN
ajfa-1990	182	28	between	between	ADP
ajfa-1990	182	29	futures	future	NOUN
ajfa-1990	182	30	trading	trading	NOUN
ajfa-1990	182	31	volume	volume	NOUN
ajfa-1990	182	32	and	and	CCONJ
ajfa-1990	182	33	spot	spot	NOUN
ajfa-1990	182	34	volatility	volatility	NOUN
ajfa-1990	182	35	(	(	PUNCT
ajfa-1990	182	36	pashigian	pashigian	ADJ
ajfa-1990	182	37	,	,	PUNCT
ajfa-1990	182	38	1986	1986	NUM
ajfa-1990	182	39	;	;	PUNCT
ajfa-1990	182	40	weaver	weaver	NOUN
ajfa-1990	182	41	and	and	CCONJ
ajfa-1990	182	42	banerjee	banerjee	NOUN
ajfa-1990	182	43	,	,	PUNCT
ajfa-1990	182	44	1990	1990	NUM
ajfa-1990	182	45	;	;	PUNCT
ajfa-1990	182	46	chatrath	chatrath	NOUN
ajfa-1990	182	47	,	,	PUNCT
ajfa-1990	182	48	ramchander	ramchander	NOUN
ajfa-1990	182	49	and	and	CCONJ
ajfa-1990	182	50	song	song	NOUN
ajfa-1990	182	51	(	(	PUNCT
ajfa-1990	182	52	1996	1996	NUM
ajfa-1990	182	53	)	)	PUNCT
ajfa-1990	182	54	on	on	ADP
ajfa-1990	182	55	currency	currency	NOUN
ajfa-1990	182	56	futures	future	NOUN
ajfa-1990	182	57	and	and	CCONJ
ajfa-1990	182	58	yang	yang	PROPN
ajfa-1990	182	59	et	et	PROPN
ajfa-1990	182	60	al	al	PROPN
ajfa-1990	182	61	.	.	PROPN
ajfa-1990	182	62	,	,	PUNCT
ajfa-1990	182	63	2005	2005	NUM
ajfa-1990	182	64	)	)	PUNCT
ajfa-1990	182	65	,	,	PUNCT
ajfa-1990	182	66	but	but	CCONJ
ajfa-1990	182	67	contradictory	contradictory	ADJ
ajfa-1990	182	68	to	to	ADP
ajfa-1990	182	69	the	the	DET
ajfa-1990	182	70	findings	finding	NOUN
ajfa-1990	182	71	of	of	ADP
ajfa-1990	182	72	darrat	darrat	NOUN
ajfa-1990	182	73	and	and	CCONJ
ajfa-1990	182	74	rahman	rahman	PROPN
ajfa-1990	182	75	(	(	PUNCT
ajfa-1990	182	76	1995	1995	NUM
ajfa-1990	182	77	)	)	PUNCT
ajfa-1990	182	78	on	on	ADP
ajfa-1990	182	79	s&p	s&p	PROPN
ajfa-1990	182	80	500	500	NUM
ajfa-1990	182	81	index	index	NOUN
ajfa-1990	182	82	futures	future	NOUN
ajfa-1990	182	83	.	.	PUNCT
ajfa-1990	183	1	the	the	DET
ajfa-1990	183	2	results	result	NOUN
ajfa-1990	183	3	may	may	AUX
ajfa-1990	183	4	be	be	AUX
ajfa-1990	183	5	explained	explain	VERB
ajfa-1990	183	6	by	by	ADP
ajfa-1990	183	7	the	the	DET
ajfa-1990	183	8	fact	fact	NOUN
ajfa-1990	183	9	that	that	SCONJ
ajfa-1990	183	10	spot	spot	NOUN
ajfa-1990	183	11	market	market	NOUN
ajfa-1990	183	12	is	be	AUX
ajfa-1990	183	13	not	not	PART
ajfa-1990	183	14	well	well	ADV
ajfa-1990	183	15	organized	organized	ADJ
ajfa-1990	183	16	as	as	SCONJ
ajfa-1990	183	17	it	it	PRON
ajfa-1990	183	18	is	be	AUX
ajfa-1990	183	19	not	not	PART
ajfa-1990	183	20	electronically	electronically	ADV
ajfa-1990	183	21	traded	trade	VERB
ajfa-1990	183	22	and	and	CCONJ
ajfa-1990	183	23	hence	hence	ADV
ajfa-1990	183	24	lacks	lack	VERB
ajfa-1990	183	25	transparency	transparency	NOUN
ajfa-1990	183	26	.	.	PUNCT
ajfa-1990	184	1	thus	thus	ADV
ajfa-1990	184	2	futures	future	NOUN
ajfa-1990	184	3	trading	trading	NOUN
ajfa-1990	184	4	activity	activity	NOUN
ajfa-1990	184	5	may	may	AUX
ajfa-1990	184	6	have	have	VERB
ajfa-1990	184	7	inflationary	inflationary	ADJ
ajfa-1990	184	8	implications	implication	NOUN
ajfa-1990	184	9	on	on	ADP
ajfa-1990	184	10	spot	spot	NOUN
ajfa-1990	184	11	prices	price	NOUN
ajfa-1990	184	12	,	,	PUNCT
ajfa-1990	184	13	which	which	PRON
ajfa-1990	184	14	should	should	AUX
ajfa-1990	184	15	worry	worry	VERB
ajfa-1990	184	16	the	the	DET
ajfa-1990	184	17	regulators	regulator	NOUN
ajfa-1990	184	18	.	.	PUNCT
ajfa-1990	185	1	the	the	DET
ajfa-1990	185	2	results	result	NOUN
ajfa-1990	185	3	thus	thus	ADV
ajfa-1990	185	4	,	,	PUNCT
ajfa-1990	185	5	underline	underline	VERB
ajfa-1990	185	6	the	the	DET
ajfa-1990	185	7	need	need	NOUN
ajfa-1990	185	8	for	for	ADP
ajfa-1990	185	9	creating	create	VERB
ajfa-1990	185	10	organized	organize	VERB
ajfa-1990	185	11	spot	spot	NOUN
ajfa-1990	185	12	market	market	NOUN
ajfa-1990	185	13	for	for	ADP
ajfa-1990	185	14	agri	agri	NOUN
ajfa-1990	185	15	-	-	PUNCT
ajfa-1990	185	16	commodities	commodity	NOUN
ajfa-1990	185	17	.	.	PUNCT
ajfa-1990	186	1	in	in	ADP
ajfa-1990	186	2	case	case	NOUN
ajfa-1990	186	3	of	of	ADP
ajfa-1990	186	4	black	black	ADJ
ajfa-1990	186	5	pepper	pepper	NOUN
ajfa-1990	186	6	reversed	reverse	VERB
ajfa-1990	186	7	destabilization	destabilization	NOUN
ajfa-1990	186	8	effect	effect	NOUN
ajfa-1990	186	9	is	be	AUX
ajfa-1990	186	10	observed	observe	VERB
ajfa-1990	186	11	.	.	PUNCT
ajfa-1990	187	1	spot	spot	NOUN
ajfa-1990	187	2	market	market	NOUN
ajfa-1990	187	3	volatility	volatility	NOUN
ajfa-1990	187	4	tends	tend	VERB
ajfa-1990	187	5	to	to	PART
ajfa-1990	187	6	affect	affect	VERB
ajfa-1990	187	7	futures	future	NOUN
ajfa-1990	187	8	market	market	NOUN
ajfa-1990	187	9	trading	trading	NOUN
ajfa-1990	187	10	activity	activity	NOUN
ajfa-1990	187	11	,	,	PUNCT
ajfa-1990	187	12	measured	measure	VERB
ajfa-1990	187	13	by	by	ADP
ajfa-1990	187	14	trading	trading	NOUN
ajfa-1990	187	15	volumes	volume	NOUN
ajfa-1990	187	16	liquidity	liquidity	NOUN
ajfa-1990	187	17	,	,	PUNCT
ajfa-1990	187	18	indicating	indicate	VERB
ajfa-1990	187	19	a	a	DET
ajfa-1990	187	20	strong	strong	ADJ
ajfa-1990	187	21	speculative	speculative	ADJ
ajfa-1990	187	22	interest	interest	NOUN
ajfa-1990	187	23	in	in	ADP
ajfa-1990	187	24	the	the	DET
ajfa-1990	187	25	market	market	NOUN
ajfa-1990	187	26	the	the	DET
ajfa-1990	187	27	results	result	NOUN
ajfa-1990	187	28	may	may	AUX
ajfa-1990	187	29	be	be	AUX
ajfa-1990	187	30	explained	explain	VERB
ajfa-1990	187	31	by	by	ADP
ajfa-1990	187	32	the	the	DET
ajfa-1990	187	33	fact	fact	NOUN
ajfa-1990	187	34	that	that	SCONJ
ajfa-1990	187	35	spot	spot	NOUN
ajfa-1990	187	36	market	market	NOUN
ajfa-1990	187	37	is	be	AUX
ajfa-1990	187	38	not	not	PART
ajfa-1990	187	39	well	well	ADV
ajfa-1990	187	40	-	-	PUNCT
ajfa-1990	187	41	organized	organize	VERB
ajfa-1990	187	42	and	and	CCONJ
ajfa-1990	187	43	lacks	lack	VERB
ajfa-1990	187	44	transparency	transparency	NOUN
ajfa-1990	187	45	.	.	PUNCT
ajfa-1990	188	1	in	in	ADP
ajfa-1990	188	2	case	case	NOUN
ajfa-1990	188	3	of	of	ADP
ajfa-1990	188	4	barley	barley	NOUN
ajfa-1990	188	5	the	the	DET
ajfa-1990	188	6	study	study	NOUN
ajfa-1990	188	7	confirms	confirm	VERB
ajfa-1990	188	8	that	that	SCONJ
ajfa-1990	188	9	futures	future	NOUN
ajfa-1990	188	10	market	market	NOUN
ajfa-1990	188	11	liquidity	liquidity	NOUN
ajfa-1990	188	12	(	(	PUNCT
ajfa-1990	188	13	based	base	VERB
ajfa-1990	188	14	on	on	ADP
ajfa-1990	188	15	trading	trading	NOUN
ajfa-1990	188	16	volume	volume	NOUN
ajfa-1990	188	17	)	)	PUNCT
ajfa-1990	188	18	does	do	AUX
ajfa-1990	188	19	not	not	PART
ajfa-1990	188	20	affect	affect	VERB
ajfa-1990	188	21	spot	spot	NOUN
ajfa-1990	188	22	market	market	NOUN
ajfa-1990	188	23	volatility	volatility	NOUN
ajfa-1990	188	24	.	.	PUNCT
ajfa-1990	189	1	it	it	PRON
ajfa-1990	189	2	implies	imply	VERB
ajfa-1990	189	3	that	that	SCONJ
ajfa-1990	189	4	the	the	DET
ajfa-1990	189	5	spot	spot	NOUN
ajfa-1990	189	6	market	market	NOUN
ajfa-1990	189	7	is	be	AUX
ajfa-1990	189	8	well	well	ADV
ajfa-1990	189	9	developed	develop	VERB
ajfa-1990	189	10	for	for	ADP
ajfa-1990	189	11	this	this	DET
ajfa-1990	189	12	commodity	commodity	NOUN
ajfa-1990	189	13	.	.	PUNCT
ajfa-1990	190	1	no	no	DET
ajfa-1990	190	2	price	price	NOUN
ajfa-1990	190	3	destabilization	destabilization	NOUN
ajfa-1990	190	4	effect	effect	NOUN
ajfa-1990	190	5	is	be	AUX
ajfa-1990	190	6	observed	observe	VERB
ajfa-1990	190	7	and	and	CCONJ
ajfa-1990	190	8	there	there	PRON
ajfa-1990	190	9	seems	seem	VERB
ajfa-1990	190	10	to	to	PART
ajfa-1990	190	11	be	be	AUX
ajfa-1990	190	12	no	no	DET
ajfa-1990	190	13	relationship	relationship	NOUN
ajfa-1990	190	14	between	between	ADP
ajfa-1990	190	15	futures	future	NOUN
ajfa-1990	190	16	market	market	NOUN
ajfa-1990	190	17	trading	trading	NOUN
ajfa-1990	190	18	activity	activity	NOUN
ajfa-1990	190	19	and	and	CCONJ
ajfa-1990	190	20	spot	spot	NOUN
ajfa-1990	190	21	market	market	NOUN
ajfa-1990	190	22	volatility	volatility	NOUN
ajfa-1990	190	23	.	.	PUNCT
ajfa-1990	191	1	asian	asian	ADJ
ajfa-1990	191	2	journal	journal	PROPN
ajfa-1990	191	3	of	of	ADP
ajfa-1990	191	4	finance	finance	PROPN
ajfa-1990	191	5	&	&	CCONJ
ajfa-1990	191	6	accounting	accounting	PROPN
ajfa-1990	191	7	issn	issn	PROPN
ajfa-1990	191	8	1946	1946	NUM
ajfa-1990	191	9	-	-	PUNCT
ajfa-1990	191	10	052x	052x	NOUN
ajfa-1990	191	11	2012	2012	NUM
ajfa-1990	191	12	,	,	PUNCT
ajfa-1990	191	13	vol	vol	NOUN
ajfa-1990	191	14	.	.	PROPN
ajfa-1990	191	15	4	4	NUM
ajfa-1990	191	16	,	,	PUNCT
ajfa-1990	191	17	no	no	INTJ
ajfa-1990	191	18	.	.	NOUN
ajfa-1990	191	19	2	2	NUM
ajfa-1990	191	20	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-1990	191	21	211	211	NUM
ajfa-1990	191	22	table	table	NOUN
ajfa-1990	191	23	3	3	NUM
ajfa-1990	191	24	.	.	PUNCT
ajfa-1990	191	25	destabilizing	destabilizing	ADJ
ajfa-1990	191	26	/	/	SYM
ajfa-1990	191	27	stabilizing	stabilize	VERB
ajfa-1990	191	28	effects	effect	NOUN
ajfa-1990	191	29	of	of	ADP
ajfa-1990	191	30	futures	future	NOUN
ajfa-1990	191	31	trading	trading	NOUN
ajfa-1990	191	32	on	on	ADP
ajfa-1990	191	33	spot	spot	NOUN
ajfa-1990	191	34	price	price	NOUN
ajfa-1990	191	35	volatility	volatility	NOUN
ajfa-1990	191	36	guarseed	guarseed	VERB
ajfa-1990	191	37	market	market	NOUN
ajfa-1990	191	38	f	f	NOUN
ajfa-1990	191	39	-	-	PUNCT
ajfa-1990	191	40	statistic	statistic	ADJ
ajfa-1990	191	41	prob	prob	NOUN
ajfa-1990	191	42	.	.	PUNCT
ajfa-1990	192	1	spot	spot	NOUN
ajfa-1990	192	2	volatility	volatility	NOUN
ajfa-1990	192	3	on	on	ADP
ajfa-1990	192	4	unexpected	unexpected	ADJ
ajfa-1990	192	5	futures	future	NOUN
ajfa-1990	192	6	liquidity	liquidity	NOUN
ajfa-1990	192	7	0.65549	0.65549	NUM
ajfa-1990	192	8	0.7305	0.7305	NUM
ajfa-1990	192	9	unexpected	unexpected	ADJ
ajfa-1990	192	10	-	-	PUNCT
ajfa-1990	192	11	liquidity	liquidity	NOUN
ajfa-1990	192	12	on	on	ADP
ajfa-1990	192	13	spot	spot	NOUN
ajfa-1990	192	14	-	-	PUNCT
ajfa-1990	192	15	volatility	volatility	NOUN
ajfa-1990	192	16	6.91660	6.91660	NUM
ajfa-1990	192	17	*	*	NOUN
ajfa-1990	192	18	*	*	PUNCT
ajfa-1990	192	19	2e-08	2e-08	NUM
ajfa-1990	192	20	turmeric	turmeric	ADJ
ajfa-1990	192	21	market	market	NOUN
ajfa-1990	192	22	spot	spot	NOUN
ajfa-1990	192	23	volatility	volatility	NOUN
ajfa-1990	192	24	on	on	ADP
ajfa-1990	192	25	unexpected	unexpected	ADJ
ajfa-1990	192	26	futures	future	NOUN
ajfa-1990	192	27	liquidity	liquidity	NOUN
ajfa-1990	193	1	0.09101	0.09101	NUM
ajfa-1990	193	2	0.7632	0.7632	NUM
ajfa-1990	193	3	unexpected	unexpected	ADJ
ajfa-1990	193	4	-	-	PUNCT
ajfa-1990	193	5	liquidity	liquidity	NOUN
ajfa-1990	193	6	on	on	ADP
ajfa-1990	193	7	spot	spot	NOUN
ajfa-1990	193	8	-	-	PUNCT
ajfa-1990	193	9	volatility	volatility	NOUN
ajfa-1990	193	10	8.42109	8.42109	NUM
ajfa-1990	193	11	*	*	SYM
ajfa-1990	193	12	*	*	X
ajfa-1990	193	13	0.0041	0.0041	NUM
ajfa-1990	193	14	soybean	soybean	NOUN
ajfa-1990	193	15	market	market	NOUN
ajfa-1990	193	16	spot	spot	NOUN
ajfa-1990	193	17	volatility	volatility	NOUN
ajfa-1990	193	18	on	on	ADP
ajfa-1990	193	19	unexpected	unexpected	ADJ
ajfa-1990	193	20	futures	future	NOUN
ajfa-1990	193	21	liquidity	liquidity	NOUN
ajfa-1990	193	22	1.14057	1.14057	NUM
ajfa-1990	193	23	0.3316	0.3316	NUM
ajfa-1990	193	24	unexpected	unexpected	ADJ
ajfa-1990	193	25	-	-	PUNCT
ajfa-1990	193	26	liquidity	liquidity	NOUN
ajfa-1990	193	27	on	on	ADP
ajfa-1990	193	28	spot	spot	NOUN
ajfa-1990	193	29	-	-	PUNCT
ajfa-1990	193	30	volatility	volatility	NOUN
ajfa-1990	193	31	2.06633	2.06633	NUM
ajfa-1990	193	32	*	*	NOUN
ajfa-1990	193	33	*	*	PUNCT
ajfa-1990	193	34	0.0271	0.0271	NUM
ajfa-1990	193	35	pepper	pepper	NOUN
ajfa-1990	193	36	market	market	NOUN
ajfa-1990	193	37	spot	spot	NOUN
ajfa-1990	193	38	volatility	volatility	NOUN
ajfa-1990	193	39	on	on	ADP
ajfa-1990	193	40	unexpected	unexpected	ADJ
ajfa-1990	193	41	futures	future	NOUN
ajfa-1990	193	42	liquidity	liquidity	NOUN
ajfa-1990	193	43	3.04891	3.04891	NUM
ajfa-1990	193	44	*	*	PUNCT
ajfa-1990	193	45	*	*	PUNCT
ajfa-1990	193	46	0.0041	0.0041	NUM
ajfa-1990	193	47	unexpected	unexpected	ADJ
ajfa-1990	193	48	-	-	PUNCT
ajfa-1990	193	49	liquidity	liquidity	NOUN
ajfa-1990	193	50	on	on	ADP
ajfa-1990	193	51	spot	spot	NOUN
ajfa-1990	193	52	-	-	PUNCT
ajfa-1990	193	53	volatility	volatility	NOUN
ajfa-1990	193	54	0.87045	0.87045	NUM
ajfa-1990	193	55	0.5302	0.5302	NUM
ajfa-1990	193	56	barley	barley	NOUN
ajfa-1990	193	57	market	market	NOUN
ajfa-1990	193	58	spot	spot	NOUN
ajfa-1990	193	59	volatility	volatility	NOUN
ajfa-1990	193	60	on	on	ADP
ajfa-1990	193	61	unexpected	unexpected	ADJ
ajfa-1990	193	62	futures	future	NOUN
ajfa-1990	193	63	liquidity	liquidity	NOUN
ajfa-1990	193	64	0.0708	0.0708	NUM
ajfa-1990	193	65	0.7904	0.7904	NUM
ajfa-1990	193	66	unexpected	unexpected	ADJ
ajfa-1990	193	67	-	-	PUNCT
ajfa-1990	193	68	liquidity	liquidity	NOUN
ajfa-1990	193	69	on	on	ADP
ajfa-1990	193	70	spot	spot	NOUN
ajfa-1990	193	71	-	-	PUNCT
ajfa-1990	193	72	volatility	volatility	NOUN
ajfa-1990	193	73	1.0869	1.0869	NUM
ajfa-1990	193	74	0.2981	0.2981	NUM
ajfa-1990	193	75	maize	maize	NOUN
ajfa-1990	193	76	market	market	NOUN
ajfa-1990	193	77	f	f	X
ajfa-1990	193	78	-	-	PUNCT
ajfa-1990	193	79	statistic	statistic	ADJ
ajfa-1990	193	80	prob	prob	NOUN
ajfa-1990	193	81	.	.	PUNCT
ajfa-1990	194	1	spot	spot	NOUN
ajfa-1990	194	2	volatility	volatility	NOUN
ajfa-1990	194	3	on	on	ADP
ajfa-1990	194	4	unexpected	unexpected	ADJ
ajfa-1990	194	5	futures	future	NOUN
ajfa-1990	194	6	liquidity	liquidity	NOUN
ajfa-1990	194	7	1.24057	1.24057	NUM
ajfa-1990	194	8	0.4316	0.4316	NUM
ajfa-1990	194	9	unexpected	unexpected	ADJ
ajfa-1990	194	10	-	-	PUNCT
ajfa-1990	194	11	liquidity	liquidity	NOUN
ajfa-1990	194	12	on	on	ADP
ajfa-1990	194	13	spot	spot	NOUN
ajfa-1990	194	14	-	-	PUNCT
ajfa-1990	194	15	volatility	volatility	NOUN
ajfa-1990	194	16	3.06633	3.06633	NUM
ajfa-1990	194	17	*	*	PUNCT
ajfa-1990	194	18	*	*	PUNCT
ajfa-1990	194	19	0.0121	0.0121	NUM
ajfa-1990	194	20	castor	castor	NOUN
ajfa-1990	194	21	seed	seed	NOUN
ajfa-1990	194	22	market	market	NOUN
ajfa-1990	194	23	f	f	NOUN
ajfa-1990	194	24	-	-	PUNCT
ajfa-1990	194	25	statistic	statistic	ADJ
ajfa-1990	194	26	prob	prob	NOUN
ajfa-1990	194	27	.	.	PUNCT
ajfa-1990	195	1	spot	spot	NOUN
ajfa-1990	195	2	volatility	volatility	NOUN
ajfa-1990	195	3	on	on	ADP
ajfa-1990	195	4	unexpected	unexpected	ADJ
ajfa-1990	195	5	futures	future	NOUN
ajfa-1990	195	6	liquidity	liquidity	NOUN
ajfa-1990	195	7	0.08101	0.08101	NUM
ajfa-1990	195	8	0.6632	0.6632	NUM
ajfa-1990	195	9	unexpected	unexpected	ADJ
ajfa-1990	195	10	-	-	PUNCT
ajfa-1990	195	11	liquidity	liquidity	NOUN
ajfa-1990	195	12	on	on	ADP
ajfa-1990	195	13	spot	spot	NOUN
ajfa-1990	195	14	-	-	PUNCT
ajfa-1990	195	15	volatility	volatility	NOUN
ajfa-1990	196	1	7.32109	7.32109	NUM
ajfa-1990	196	2	*	*	PUNCT
ajfa-1990	196	3	*	*	PUNCT
ajfa-1990	196	4	0.0031	0.0031	NUM
ajfa-1990	196	5	*	*	PUNCT
ajfa-1990	196	6	*	*	PUNCT
ajfa-1990	196	7	denotes	denote	NOUN
ajfa-1990	196	8	level	level	NOUN
ajfa-1990	196	9	of	of	ADP
ajfa-1990	196	10	significance	significance	NOUN
ajfa-1990	196	11	at	at	ADP
ajfa-1990	196	12	5	5	NUM
ajfa-1990	196	13	%	%	NOUN
ajfa-1990	196	14	and	and	CCONJ
ajfa-1990	196	15	better	well	ADJ
ajfa-1990	196	16	.	.	PUNCT
ajfa-1990	197	1	5	5	X
ajfa-1990	197	2	.	.	X
ajfa-1990	197	3	summary	summary	NOUN
ajfa-1990	197	4	conclusion	conclusion	NOUN
ajfa-1990	197	5	and	and	CCONJ
ajfa-1990	197	6	policy	policy	NOUN
ajfa-1990	197	7	suggestions	suggestion	NOUN
ajfa-1990	197	8	commodity	commodity	NOUN
ajfa-1990	197	9	futures	future	NOUN
ajfa-1990	197	10	trading	trading	NOUN
ajfa-1990	197	11	in	in	ADP
ajfa-1990	197	12	india	india	PROPN
ajfa-1990	197	13	has	have	AUX
ajfa-1990	197	14	been	be	AUX
ajfa-1990	197	15	a	a	DET
ajfa-1990	197	16	subject	subject	NOUN
ajfa-1990	197	17	of	of	ADP
ajfa-1990	197	18	burning	burn	VERB
ajfa-1990	197	19	debate	debate	NOUN
ajfa-1990	197	20	amongst	amongst	ADP
ajfa-1990	197	21	policy	policy	NOUN
ajfa-1990	197	22	makers	maker	NOUN
ajfa-1990	197	23	and	and	CCONJ
ajfa-1990	197	24	academia	academia	NOUN
ajfa-1990	197	25	.	.	PUNCT
ajfa-1990	198	1	strong	strong	ADJ
ajfa-1990	198	2	media	medium	NOUN
ajfa-1990	198	3	attention	attention	NOUN
ajfa-1990	198	4	has	have	AUX
ajfa-1990	198	5	also	also	ADV
ajfa-1990	198	6	been	be	AUX
ajfa-1990	198	7	caught	catch	VERB
ajfa-1990	198	8	in	in	ADP
ajfa-1990	198	9	the	the	DET
ajfa-1990	198	10	past	past	ADJ
ajfa-1990	198	11	few	few	ADJ
ajfa-1990	198	12	years	year	NOUN
ajfa-1990	198	13	;	;	PUNCT
ajfa-1990	198	14	due	due	ADP
ajfa-1990	198	15	to	to	ADP
ajfa-1990	198	16	uncertainties	uncertainty	NOUN
ajfa-1990	198	17	relating	relate	VERB
ajfa-1990	198	18	to	to	ADP
ajfa-1990	198	19	price	price	NOUN
ajfa-1990	198	20	manipulations	manipulation	NOUN
ajfa-1990	198	21	and	and	CCONJ
ajfa-1990	198	22	the	the	DET
ajfa-1990	198	23	general	general	ADJ
ajfa-1990	198	24	belief	belief	NOUN
ajfa-1990	198	25	that	that	SCONJ
ajfa-1990	198	26	possible	possible	ADJ
ajfa-1990	198	27	speculative	speculative	ADJ
ajfa-1990	198	28	trading	trading	NOUN
ajfa-1990	198	29	in	in	ADP
ajfa-1990	198	30	futures	future	NOUN
ajfa-1990	198	31	market	market	NOUN
ajfa-1990	198	32	may	may	AUX
ajfa-1990	198	33	have	have	AUX
ajfa-1990	198	34	destabilised	destabilise	VERB
ajfa-1990	198	35	spot	spot	NOUN
ajfa-1990	198	36	prices	price	NOUN
ajfa-1990	198	37	of	of	ADP
ajfa-1990	198	38	underlying	underlie	VERB
ajfa-1990	198	39	commodities	commodity	NOUN
ajfa-1990	198	40	.	.	PUNCT
ajfa-1990	199	1	proponents	proponent	NOUN
ajfa-1990	199	2	of	of	ADP
ajfa-1990	199	3	commodity	commodity	NOUN
ajfa-1990	199	4	futures	future	NOUN
ajfa-1990	199	5	derivative	derivative	ADJ
ajfa-1990	199	6	trading	trading	NOUN
ajfa-1990	199	7	emphasize	emphasize	VERB
ajfa-1990	199	8	that	that	SCONJ
ajfa-1990	199	9	these	these	DET
ajfa-1990	199	10	markets	market	NOUN
ajfa-1990	199	11	help	help	VERB
ajfa-1990	199	12	in	in	ADP
ajfa-1990	199	13	risk	risk	NOUN
ajfa-1990	199	14	management	management	NOUN
ajfa-1990	199	15	platforms	platform	NOUN
ajfa-1990	199	16	for	for	ADP
ajfa-1990	199	17	hedgers	hedger	NOUN
ajfa-1990	199	18	such	such	ADJ
ajfa-1990	199	19	as	as	ADP
ajfa-1990	199	20	farmers	farmer	NOUN
ajfa-1990	199	21	,	,	PUNCT
ajfa-1990	199	22	industrial	industrial	ADJ
ajfa-1990	199	23	units	unit	NOUN
ajfa-1990	199	24	,	,	PUNCT
ajfa-1990	199	25	exporters	exporter	NOUN
ajfa-1990	199	26	,	,	PUNCT
ajfa-1990	199	27	importers	importer	NOUN
ajfa-1990	199	28	,	,	PUNCT
ajfa-1990	199	29	etc	etc	X
ajfa-1990	199	30	.	.	X
ajfa-1990	199	31	,	,	PUNCT
ajfa-1990	199	32	who	who	PRON
ajfa-1990	199	33	have	have	VERB
ajfa-1990	199	34	price	price	NOUN
ajfa-1990	199	35	risk	risk	NOUN
ajfa-1990	199	36	exposures	exposure	NOUN
ajfa-1990	199	37	and	and	CCONJ
ajfa-1990	199	38	help	help	NOUN
ajfa-1990	199	39	in	in	ADP
ajfa-1990	199	40	price	price	NOUN
ajfa-1990	199	41	discovery	discovery	NOUN
ajfa-1990	199	42	of	of	ADP
ajfa-1990	199	43	underlying	underlie	VERB
ajfa-1990	199	44	physical	physical	ADJ
ajfa-1990	199	45	commodities	commodity	NOUN
ajfa-1990	199	46	.to	.to	PUNCT
ajfa-1990	200	1	understand	understand	VERB
ajfa-1990	200	2	the	the	DET
ajfa-1990	200	3	destabilization	destabilization	NOUN
ajfa-1990	200	4	effect	effect	NOUN
ajfa-1990	200	5	which	which	PRON
ajfa-1990	200	6	is	be	AUX
ajfa-1990	200	7	a	a	DET
ajfa-1990	200	8	relationship	relationship	NOUN
ajfa-1990	200	9	of	of	ADP
ajfa-1990	200	10	futures	future	NOUN
ajfa-1990	200	11	liquidity	liquidity	NOUN
ajfa-1990	200	12	and	and	CCONJ
ajfa-1990	200	13	spot	spot	NOUN
ajfa-1990	200	14	market	market	NOUN
ajfa-1990	200	15	volatility	volatility	NOUN
ajfa-1990	200	16	,	,	PUNCT
ajfa-1990	200	17	the	the	DET
ajfa-1990	200	18	data	data	NOUN
ajfa-1990	200	19	is	be	AUX
ajfa-1990	200	20	filtered	filter	VERB
ajfa-1990	200	21	using	use	VERB
ajfa-1990	200	22	hedrick	hedrick	PROPN
ajfa-1990	200	23	prescott	prescott	PROPN
ajfa-1990	200	24	(	(	PUNCT
ajfa-1990	200	25	hp	hp	PROPN
ajfa-1990	200	26	)	)	PUNCT
ajfa-1990	200	27	filter	filter	NOUN
ajfa-1990	200	28	and	and	CCONJ
ajfa-1990	200	29	unexpected	unexpected	ADJ
ajfa-1990	200	30	variable	variable	NOUN
ajfa-1990	200	31	(	(	PUNCT
ajfa-1990	200	32	unexpected	unexpected	ADJ
ajfa-1990	200	33	liquidity	liquidity	NOUN
ajfa-1990	200	34	)	)	PUNCT
ajfa-1990	200	35	is	be	AUX
ajfa-1990	200	36	formulated	formulate	VERB
ajfa-1990	200	37	by	by	ADP
ajfa-1990	200	38	subtracting	subtract	VERB
ajfa-1990	200	39	hp	hp	ADJ
ajfa-1990	200	40	trend	trend	NOUN
ajfa-1990	200	41	variable	variable	NOUN
ajfa-1990	200	42	which	which	PRON
ajfa-1990	200	43	was	be	AUX
ajfa-1990	200	44	generated	generate	VERB
ajfa-1990	200	45	when	when	SCONJ
ajfa-1990	200	46	data	datum	NOUN
ajfa-1990	200	47	was	be	AUX
ajfa-1990	200	48	filtered	filter	VERB
ajfa-1990	200	49	from	from	ADP
ajfa-1990	200	50	trading	trading	NOUN
ajfa-1990	200	51	volume	volume	NOUN
ajfa-1990	200	52	.	.	PUNCT
ajfa-1990	201	1	unexpected	unexpected	ADJ
ajfa-1990	201	2	volatility	volatility	NOUN
ajfa-1990	201	3	of	of	ADP
ajfa-1990	201	4	spot	spot	NOUN
ajfa-1990	201	5	market	market	NOUN
ajfa-1990	201	6	returns	return	NOUN
ajfa-1990	201	7	was	be	AUX
ajfa-1990	201	8	estimated	estimate	VERB
ajfa-1990	201	9	by	by	ADP
ajfa-1990	201	10	taking	take	VERB
ajfa-1990	201	11	the	the	DET
ajfa-1990	201	12	residuals	residual	NOUN
ajfa-1990	201	13	of	of	ADP
ajfa-1990	201	14	bollerslev	bollerslev	ADJ
ajfa-1990	201	15	(	(	PUNCT
ajfa-1990	201	16	1986	1986	NUM
ajfa-1990	201	17	)	)	PUNCT
ajfa-1990	201	18	generalize	generalize	VERB
ajfa-1990	201	19	asian	asian	ADJ
ajfa-1990	201	20	journal	journal	NOUN
ajfa-1990	201	21	of	of	ADP
ajfa-1990	201	22	finance	finance	PROPN
ajfa-1990	201	23	&	&	CCONJ
ajfa-1990	201	24	accounting	accounting	PROPN
ajfa-1990	201	25	issn	issn	PROPN
ajfa-1990	201	26	1946	1946	NUM
ajfa-1990	201	27	-	-	PUNCT
ajfa-1990	201	28	052x	052x	NOUN
ajfa-1990	201	29	2012	2012	NUM
ajfa-1990	201	30	,	,	PUNCT
ajfa-1990	201	31	vol	vol	NOUN
ajfa-1990	201	32	.	.	PROPN
ajfa-1990	202	1	4	4	NUM
ajfa-1990	202	2	,	,	PUNCT
ajfa-1990	202	3	no	no	INTJ
ajfa-1990	202	4	.	.	NOUN
ajfa-1990	202	5	2	2	NUM
ajfa-1990	202	6	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-1990	202	7	212	212	NUM
ajfa-1990	202	8	autoregressive	autoregressive	ADJ
ajfa-1990	202	9	conditional	conditional	ADJ
ajfa-1990	202	10	heteroscedasticity	heteroscedasticity	NOUN
ajfa-1990	202	11	(	(	PUNCT
ajfa-1990	202	12	garch	garch	NOUN
ajfa-1990	202	13	)	)	PUNCT
ajfa-1990	202	14	model	model	NOUN
ajfa-1990	203	1	and	and	CCONJ
ajfa-1990	203	2	then	then	ADV
ajfa-1990	203	3	we	we	PRON
ajfa-1990	203	4	perform	perform	VERB
ajfa-1990	203	5	the	the	DET
ajfa-1990	203	6	causality	causality	NOUN
ajfa-1990	203	7	tests	test	NOUN
ajfa-1990	203	8	between	between	ADP
ajfa-1990	203	9	spot	spot	NOUN
ajfa-1990	203	10	volatility	volatility	NOUN
ajfa-1990	203	11	and	and	CCONJ
ajfa-1990	203	12	unexpected	unexpected	ADJ
ajfa-1990	203	13	trading	trading	NOUN
ajfa-1990	203	14	volume	volume	NOUN
ajfa-1990	203	15	,	,	PUNCT
ajfa-1990	203	16	we	we	PRON
ajfa-1990	203	17	choose	choose	VERB
ajfa-1990	203	18	the	the	DET
ajfa-1990	203	19	appropriate	appropriate	ADJ
ajfa-1990	203	20	lag	lag	NOUN
ajfa-1990	203	21	length	length	NOUN
ajfa-1990	203	22	using	use	VERB
ajfa-1990	203	23	aic	aic	PROPN
ajfa-1990	203	24	(	(	PUNCT
ajfa-1990	203	25	akaike	akaike	ADJ
ajfa-1990	203	26	information	information	NOUN
ajfa-1990	203	27	criterion	criterion	NOUN
ajfa-1990	203	28	)	)	PUNCT
ajfa-1990	203	29	lagged	lag	VERB
ajfa-1990	203	30	length	length	NOUN
ajfa-1990	203	31	of	of	ADP
ajfa-1990	203	32	each	each	DET
ajfa-1990	203	33	variable	variable	NOUN
ajfa-1990	203	34	in	in	ADP
ajfa-1990	203	35	this	this	DET
ajfa-1990	203	36	study	study	NOUN
ajfa-1990	203	37	consistently	consistently	ADV
ajfa-1990	203	38	,	,	PUNCT
ajfa-1990	203	39	to	to	PART
ajfa-1990	203	40	have	have	VERB
ajfa-1990	203	41	a	a	DET
ajfa-1990	203	42	clear	clear	ADJ
ajfa-1990	203	43	understanding	understanding	NOUN
ajfa-1990	203	44	whether	whether	SCONJ
ajfa-1990	203	45	futures	future	NOUN
ajfa-1990	203	46	trading	trading	NOUN
ajfa-1990	203	47	are	be	AUX
ajfa-1990	203	48	leading	lead	VERB
ajfa-1990	203	49	to	to	PART
ajfa-1990	203	50	rise	rise	VERB
ajfa-1990	203	51	in	in	ADP
ajfa-1990	203	52	spot	spot	NOUN
ajfa-1990	203	53	price	price	NOUN
ajfa-1990	203	54	volatility	volatility	NOUN
ajfa-1990	203	55	or	or	CCONJ
ajfa-1990	203	56	vice	vice	NOUN
ajfa-1990	203	57	-	-	NOUN
ajfa-1990	203	58	versa	versa	ADV
ajfa-1990	203	59	.	.	PUNCT
ajfa-1990	204	1	applying	apply	VERB
ajfa-1990	204	2	this	this	DET
ajfa-1990	204	3	methodology	methodology	NOUN
ajfa-1990	204	4	on	on	ADP
ajfa-1990	204	5	seven	seven	NUM
ajfa-1990	204	6	agricultural	agricultural	ADJ
ajfa-1990	204	7	commodities	commodity	NOUN
ajfa-1990	204	8	the	the	DET
ajfa-1990	204	9	following	following	ADJ
ajfa-1990	204	10	results	result	NOUN
ajfa-1990	204	11	were	be	AUX
ajfa-1990	204	12	revealed.in	revealed.in	NUM
ajfa-1990	204	13	case	case	NOUN
ajfa-1990	204	14	of	of	ADP
ajfa-1990	204	15	guarseed	guarseed	NOUN
ajfa-1990	204	16	,	,	PUNCT
ajfa-1990	204	17	turmeric	turmeric	NOUN
ajfa-1990	204	18	,	,	PUNCT
ajfa-1990	204	19	soybean	soybean	NOUN
ajfa-1990	204	20	,	,	PUNCT
ajfa-1990	204	21	maize	maize	NOUN
ajfa-1990	204	22	and	and	CCONJ
ajfa-1990	204	23	castor	castor	NOUN
ajfa-1990	204	24	seed	seed	NOUN
ajfa-1990	204	25	the	the	DET
ajfa-1990	204	26	study	study	NOUN
ajfa-1990	204	27	confirms	confirm	VERB
ajfa-1990	204	28	that	that	SCONJ
ajfa-1990	204	29	futures	future	NOUN
ajfa-1990	204	30	market	market	NOUN
ajfa-1990	204	31	liquidity	liquidity	NOUN
ajfa-1990	204	32	(	(	PUNCT
ajfa-1990	204	33	based	base	VERB
ajfa-1990	204	34	on	on	ADP
ajfa-1990	204	35	trading	trading	NOUN
ajfa-1990	204	36	volume	volume	NOUN
ajfa-1990	204	37	)	)	PUNCT
ajfa-1990	204	38	tends	tend	VERB
ajfa-1990	204	39	to	to	PART
ajfa-1990	204	40	drive	drive	VERB
ajfa-1990	204	41	spot	spot	NOUN
ajfa-1990	204	42	market	market	NOUN
ajfa-1990	204	43	volatility	volatility	NOUN
ajfa-1990	204	44	i.e.	i.e.	ADV
ajfa-1990	204	45	stating	state	VERB
ajfa-1990	204	46	destabilizing	destabilizing	ADJ
ajfa-1990	204	47	effect	effect	NOUN
ajfa-1990	204	48	.	.	PUNCT
ajfa-1990	205	1	this	this	DET
ajfa-1990	205	2	evidence	evidence	NOUN
ajfa-1990	205	3	is	be	AUX
ajfa-1990	205	4	consistent	consistent	ADJ
ajfa-1990	205	5	with	with	ADP
ajfa-1990	205	6	bessembinder	bessembinder	NOUN
ajfa-1990	205	7	and	and	CCONJ
ajfa-1990	205	8	seguin	seguin	PROPN
ajfa-1990	205	9	(	(	PUNCT
ajfa-1990	205	10	1992).as	1992).as	NUM
ajfa-1990	205	11	futures	future	NOUN
ajfa-1990	205	12	and	and	CCONJ
ajfa-1990	205	13	spot	spot	NOUN
ajfa-1990	205	14	markets	market	NOUN
ajfa-1990	205	15	are	be	AUX
ajfa-1990	205	16	interlinked	interlink	VERB
ajfa-1990	205	17	,	,	PUNCT
ajfa-1990	205	18	any	any	DET
ajfa-1990	205	19	information	information	NOUN
ajfa-1990	205	20	shock	shock	NOUN
ajfa-1990	205	21	should	should	AUX
ajfa-1990	205	22	affect	affect	VERB
ajfa-1990	205	23	both	both	PRON
ajfa-1990	205	24	the	the	DET
ajfa-1990	205	25	markets	market	NOUN
ajfa-1990	205	26	.	.	PUNCT
ajfa-1990	206	1	results	result	NOUN
ajfa-1990	206	2	of	of	ADP
ajfa-1990	206	3	the	the	DET
ajfa-1990	206	4	lead	lead	NOUN
ajfa-1990	206	5	lag	lag	NOUN
ajfa-1990	206	6	relationship	relationship	NOUN
ajfa-1990	206	7	between	between	ADP
ajfa-1990	206	8	spot	spot	NOUN
ajfa-1990	206	9	price	price	NOUN
ajfa-1990	206	10	volatility	volatility	NOUN
ajfa-1990	206	11	and	and	CCONJ
ajfa-1990	206	12	futures	future	NOUN
ajfa-1990	206	13	trading	trading	NOUN
ajfa-1990	206	14	activity	activity	NOUN
ajfa-1990	206	15	(	(	PUNCT
ajfa-1990	206	16	unexpected	unexpected	ADJ
ajfa-1990	206	17	)	)	PUNCT
ajfa-1990	206	18	suggest	suggest	VERB
ajfa-1990	206	19	that	that	SCONJ
ajfa-1990	206	20	in	in	ADP
ajfa-1990	206	21	most	most	ADJ
ajfa-1990	206	22	of	of	ADP
ajfa-1990	206	23	the	the	DET
ajfa-1990	206	24	commodities	commodity	NOUN
ajfa-1990	206	25	the	the	DET
ajfa-1990	206	26	unexpected	unexpected	ADJ
ajfa-1990	206	27	futures	future	NOUN
ajfa-1990	206	28	trading	trading	NOUN
ajfa-1990	206	29	volume	volume	NOUN
ajfa-1990	206	30	causes	cause	VERB
ajfa-1990	206	31	spot	spot	NOUN
ajfa-1990	206	32	price	price	NOUN
ajfa-1990	206	33	volatility	volatility	NOUN
ajfa-1990	206	34	.	.	PUNCT
ajfa-1990	207	1	the	the	DET
ajfa-1990	207	2	results	result	NOUN
ajfa-1990	207	3	is	be	AUX
ajfa-1990	207	4	confirmed	confirm	VERB
ajfa-1990	207	5	by	by	ADP
ajfa-1990	207	6	granger	granger	PROPN
ajfa-1990	207	7	causality	causality	PROPN
ajfa-1990	207	8	test	test	NOUN
ajfa-1990	207	9	,	,	PUNCT
ajfa-1990	207	10	indicating	indicate	VERB
ajfa-1990	207	11	that	that	SCONJ
ajfa-1990	207	12	the	the	DET
ajfa-1990	207	13	commodity	commodity	NOUN
ajfa-1990	207	14	spot	spot	NOUN
ajfa-1990	207	15	volatility	volatility	NOUN
ajfa-1990	207	16	is	be	AUX
ajfa-1990	207	17	significantly	significantly	ADV
ajfa-1990	207	18	impacted	impact	VERB
ajfa-1990	207	19	by	by	ADP
ajfa-1990	207	20	the	the	DET
ajfa-1990	207	21	unexpected	unexpected	ADJ
ajfa-1990	207	22	futures	future	NOUN
ajfa-1990	207	23	trading	trading	NOUN
ajfa-1990	207	24	volume	volume	NOUN
ajfa-1990	207	25	for	for	ADP
ajfa-1990	207	26	five	five	NUM
ajfa-1990	207	27	agricultural	agricultural	ADJ
ajfa-1990	207	28	commodities	commodity	NOUN
ajfa-1990	207	29	out	out	ADP
ajfa-1990	207	30	of	of	ADP
ajfa-1990	207	31	total	total	ADJ
ajfa-1990	207	32	7	7	NUM
ajfa-1990	207	33	taken	take	VERB
ajfa-1990	207	34	under	under	ADP
ajfa-1990	207	35	study	study	NOUN
ajfa-1990	207	36	,	,	PUNCT
ajfa-1990	207	37	excluding	exclude	VERB
ajfa-1990	207	38	pepper	pepper	NOUN
ajfa-1990	207	39	and	and	CCONJ
ajfa-1990	207	40	barley	barley	NOUN
ajfa-1990	207	41	.	.	PUNCT
ajfa-1990	208	1	this	this	PRON
ajfa-1990	208	2	may	may	AUX
ajfa-1990	208	3	be	be	AUX
ajfa-1990	208	4	because	because	SCONJ
ajfa-1990	208	5	of	of	ADP
ajfa-1990	208	6	low	low	ADJ
ajfa-1990	208	7	rate	rate	NOUN
ajfa-1990	208	8	of	of	ADP
ajfa-1990	208	9	information	information	NOUN
ajfa-1990	208	10	dissemination	dissemination	NOUN
ajfa-1990	208	11	coming	come	VERB
ajfa-1990	208	12	from	from	ADP
ajfa-1990	208	13	futures	future	NOUN
ajfa-1990	208	14	market	market	NOUN
ajfa-1990	208	15	,	,	PUNCT
ajfa-1990	208	16	high	high	ADJ
ajfa-1990	208	17	transaction	transaction	NOUN
ajfa-1990	208	18	costs	cost	NOUN
ajfa-1990	208	19	or	or	CCONJ
ajfa-1990	208	20	the	the	DET
ajfa-1990	208	21	friction	friction	NOUN
ajfa-1990	208	22	associated	associate	VERB
ajfa-1990	208	23	with	with	ADP
ajfa-1990	208	24	the	the	DET
ajfa-1990	208	25	spot	spot	NOUN
ajfa-1990	208	26	market	market	NOUN
ajfa-1990	208	27	.	.	PUNCT
ajfa-1990	209	1	the	the	DET
ajfa-1990	209	2	finding	finding	NOUN
ajfa-1990	209	3	of	of	ADP
ajfa-1990	209	4	destabilizing	destabilizing	ADJ
ajfa-1990	209	5	effect	effect	NOUN
ajfa-1990	209	6	of	of	ADP
ajfa-1990	209	7	futures	future	NOUN
ajfa-1990	209	8	trading	trading	NOUN
ajfa-1990	209	9	volume	volume	NOUN
ajfa-1990	209	10	on	on	ADP
ajfa-1990	209	11	spot	spot	NOUN
ajfa-1990	209	12	volatility	volatility	NOUN
ajfa-1990	209	13	is	be	AUX
ajfa-1990	209	14	in	in	ADP
ajfa-1990	209	15	line	line	NOUN
ajfa-1990	209	16	with	with	ADP
ajfa-1990	209	17	the	the	DET
ajfa-1990	209	18	large	large	ADJ
ajfa-1990	209	19	number	number	NOUN
ajfa-1990	209	20	of	of	ADP
ajfa-1990	209	21	empirical	empirical	ADJ
ajfa-1990	209	22	studies	study	NOUN
ajfa-1990	209	23	who	who	PRON
ajfa-1990	209	24	also	also	ADV
ajfa-1990	209	25	report	report	VERB
ajfa-1990	209	26	positive	positive	ADJ
ajfa-1990	209	27	relationship	relationship	NOUN
ajfa-1990	209	28	between	between	ADP
ajfa-1990	209	29	futures	future	NOUN
ajfa-1990	209	30	trading	trading	NOUN
ajfa-1990	209	31	volume	volume	NOUN
ajfa-1990	209	32	and	and	CCONJ
ajfa-1990	209	33	spot	spot	NOUN
ajfa-1990	209	34	volatility	volatility	NOUN
ajfa-1990	209	35	(	(	PUNCT
ajfa-1990	209	36	pashigian	pashigian	ADJ
ajfa-1990	209	37	,	,	PUNCT
ajfa-1990	209	38	1986	1986	NUM
ajfa-1990	209	39	;	;	PUNCT
ajfa-1990	209	40	weaver	weaver	NOUN
ajfa-1990	209	41	and	and	CCONJ
ajfa-1990	209	42	banerjee	banerjee	NOUN
ajfa-1990	209	43	,	,	PUNCT
ajfa-1990	209	44	1990	1990	NUM
ajfa-1990	209	45	;	;	PUNCT
ajfa-1990	209	46	chatrath	chatrath	NOUN
ajfa-1990	209	47	,	,	PUNCT
ajfa-1990	209	48	ramchander	ramchander	NOUN
ajfa-1990	209	49	and	and	CCONJ
ajfa-1990	209	50	song	song	NOUN
ajfa-1990	209	51	(	(	PUNCT
ajfa-1990	209	52	1996	1996	NUM
ajfa-1990	209	53	)	)	PUNCT
ajfa-1990	209	54	on	on	ADP
ajfa-1990	209	55	currency	currency	NOUN
ajfa-1990	209	56	futures	future	NOUN
ajfa-1990	209	57	and	and	CCONJ
ajfa-1990	209	58	yang	yang	PROPN
ajfa-1990	209	59	et	et	PROPN
ajfa-1990	209	60	al	al	PROPN
ajfa-1990	209	61	.	.	PROPN
ajfa-1990	209	62	,	,	PUNCT
ajfa-1990	209	63	2005	2005	NUM
ajfa-1990	209	64	)	)	PUNCT
ajfa-1990	209	65	,	,	PUNCT
ajfa-1990	209	66	but	but	CCONJ
ajfa-1990	209	67	contradictory	contradictory	ADJ
ajfa-1990	209	68	to	to	ADP
ajfa-1990	209	69	the	the	DET
ajfa-1990	209	70	findings	finding	NOUN
ajfa-1990	209	71	of	of	ADP
ajfa-1990	209	72	darrat	darrat	NOUN
ajfa-1990	209	73	and	and	CCONJ
ajfa-1990	209	74	rahman	rahman	PROPN
ajfa-1990	209	75	(	(	PUNCT
ajfa-1990	209	76	1995	1995	NUM
ajfa-1990	209	77	)	)	PUNCT
ajfa-1990	209	78	on	on	ADP
ajfa-1990	209	79	s&p	s&p	PROPN
ajfa-1990	209	80	500	500	NUM
ajfa-1990	209	81	index	index	NOUN
ajfa-1990	209	82	futures	future	NOUN
ajfa-1990	209	83	.	.	PUNCT
ajfa-1990	210	1	the	the	DET
ajfa-1990	210	2	results	result	NOUN
ajfa-1990	210	3	may	may	AUX
ajfa-1990	210	4	be	be	AUX
ajfa-1990	210	5	explained	explain	VERB
ajfa-1990	210	6	by	by	ADP
ajfa-1990	210	7	the	the	DET
ajfa-1990	210	8	fact	fact	NOUN
ajfa-1990	210	9	that	that	SCONJ
ajfa-1990	210	10	spot	spot	NOUN
ajfa-1990	210	11	market	market	NOUN
ajfa-1990	210	12	is	be	AUX
ajfa-1990	210	13	not	not	PART
ajfa-1990	210	14	well	well	ADV
ajfa-1990	210	15	organized	organized	ADJ
ajfa-1990	210	16	as	as	SCONJ
ajfa-1990	210	17	it	it	PRON
ajfa-1990	210	18	is	be	AUX
ajfa-1990	210	19	not	not	PART
ajfa-1990	210	20	electronically	electronically	ADV
ajfa-1990	210	21	traded	trade	VERB
ajfa-1990	210	22	and	and	CCONJ
ajfa-1990	210	23	hence	hence	ADV
ajfa-1990	210	24	lacks	lack	VERB
ajfa-1990	210	25	transparency	transparency	NOUN
ajfa-1990	210	26	.	.	PUNCT
ajfa-1990	211	1	thus	thus	ADV
ajfa-1990	211	2	futures	future	NOUN
ajfa-1990	211	3	trading	trading	NOUN
ajfa-1990	211	4	activity	activity	NOUN
ajfa-1990	211	5	may	may	AUX
ajfa-1990	211	6	have	have	VERB
ajfa-1990	211	7	inflationary	inflationary	ADJ
ajfa-1990	211	8	implications	implication	NOUN
ajfa-1990	211	9	on	on	ADP
ajfa-1990	211	10	spot	spot	NOUN
ajfa-1990	211	11	prices	price	NOUN
ajfa-1990	211	12	,	,	PUNCT
ajfa-1990	211	13	which	which	PRON
ajfa-1990	211	14	should	should	AUX
ajfa-1990	211	15	worry	worry	VERB
ajfa-1990	211	16	the	the	DET
ajfa-1990	211	17	regulators	regulator	NOUN
ajfa-1990	211	18	.	.	PUNCT
ajfa-1990	212	1	the	the	DET
ajfa-1990	212	2	results	result	NOUN
ajfa-1990	212	3	thus	thus	ADV
ajfa-1990	212	4	,	,	PUNCT
ajfa-1990	212	5	underline	underline	VERB
ajfa-1990	212	6	the	the	DET
ajfa-1990	212	7	need	need	NOUN
ajfa-1990	212	8	for	for	ADP
ajfa-1990	212	9	creating	create	VERB
ajfa-1990	212	10	organized	organize	VERB
ajfa-1990	212	11	spot	spot	NOUN
ajfa-1990	212	12	market	market	NOUN
ajfa-1990	212	13	for	for	ADP
ajfa-1990	212	14	agri	agri	NOUN
ajfa-1990	212	15	-	-	PUNCT
ajfa-1990	212	16	commodities	commodity	NOUN
ajfa-1990	212	17	.	.	PUNCT
ajfa-1990	213	1	in	in	ADP
ajfa-1990	213	2	case	case	NOUN
ajfa-1990	213	3	of	of	ADP
ajfa-1990	213	4	black	black	ADJ
ajfa-1990	213	5	pepper	pepper	NOUN
ajfa-1990	213	6	reversed	reverse	VERB
ajfa-1990	213	7	destabilization	destabilization	NOUN
ajfa-1990	213	8	effect	effect	NOUN
ajfa-1990	213	9	is	be	AUX
ajfa-1990	213	10	observed	observe	VERB
ajfa-1990	213	11	.	.	PUNCT
ajfa-1990	214	1	spot	spot	NOUN
ajfa-1990	214	2	market	market	NOUN
ajfa-1990	214	3	volatility	volatility	NOUN
ajfa-1990	214	4	tends	tend	VERB
ajfa-1990	214	5	to	to	PART
ajfa-1990	214	6	affect	affect	VERB
ajfa-1990	214	7	futures	future	NOUN
ajfa-1990	214	8	market	market	NOUN
ajfa-1990	214	9	trading	trading	NOUN
ajfa-1990	214	10	activity	activity	NOUN
ajfa-1990	214	11	,	,	PUNCT
ajfa-1990	214	12	measured	measure	VERB
ajfa-1990	214	13	by	by	ADP
ajfa-1990	214	14	trading	trading	NOUN
ajfa-1990	214	15	volumes	volume	NOUN
ajfa-1990	214	16	liquidity	liquidity	NOUN
ajfa-1990	214	17	,	,	PUNCT
ajfa-1990	214	18	indicating	indicate	VERB
ajfa-1990	214	19	a	a	DET
ajfa-1990	214	20	strong	strong	ADJ
ajfa-1990	214	21	speculative	speculative	ADJ
ajfa-1990	214	22	interest	interest	NOUN
ajfa-1990	214	23	in	in	ADP
ajfa-1990	214	24	the	the	DET
ajfa-1990	214	25	market	market	NOUN
ajfa-1990	214	26	the	the	DET
ajfa-1990	214	27	results	result	NOUN
ajfa-1990	214	28	may	may	AUX
ajfa-1990	214	29	be	be	AUX
ajfa-1990	214	30	explained	explain	VERB
ajfa-1990	214	31	by	by	ADP
ajfa-1990	214	32	the	the	DET
ajfa-1990	214	33	fact	fact	NOUN
ajfa-1990	214	34	that	that	SCONJ
ajfa-1990	214	35	spot	spot	NOUN
ajfa-1990	214	36	market	market	NOUN
ajfa-1990	214	37	is	be	AUX
ajfa-1990	214	38	not	not	PART
ajfa-1990	214	39	well	well	ADV
ajfa-1990	214	40	-	-	PUNCT
ajfa-1990	214	41	organized	organize	VERB
ajfa-1990	214	42	and	and	CCONJ
ajfa-1990	214	43	lacks	lack	VERB
ajfa-1990	214	44	transparency	transparency	NOUN
ajfa-1990	214	45	.	.	PUNCT
ajfa-1990	215	1	in	in	ADP
ajfa-1990	215	2	case	case	NOUN
ajfa-1990	215	3	of	of	ADP
ajfa-1990	215	4	barley	barley	NOUN
ajfa-1990	215	5	the	the	DET
ajfa-1990	215	6	study	study	NOUN
ajfa-1990	215	7	confirms	confirm	VERB
ajfa-1990	215	8	that	that	SCONJ
ajfa-1990	215	9	futures	future	NOUN
ajfa-1990	215	10	market	market	NOUN
ajfa-1990	215	11	liquidity	liquidity	NOUN
ajfa-1990	215	12	(	(	PUNCT
ajfa-1990	215	13	based	base	VERB
ajfa-1990	215	14	on	on	ADP
ajfa-1990	215	15	trading	trading	NOUN
ajfa-1990	215	16	volume	volume	NOUN
ajfa-1990	215	17	)	)	PUNCT
ajfa-1990	215	18	does	do	AUX
ajfa-1990	215	19	not	not	PART
ajfa-1990	215	20	affect	affect	VERB
ajfa-1990	215	21	spot	spot	NOUN
ajfa-1990	215	22	market	market	NOUN
ajfa-1990	215	23	volatility	volatility	NOUN
ajfa-1990	215	24	.	.	PUNCT
ajfa-1990	216	1	it	it	PRON
ajfa-1990	216	2	implies	imply	VERB
ajfa-1990	216	3	that	that	SCONJ
ajfa-1990	216	4	the	the	DET
ajfa-1990	216	5	spot	spot	NOUN
ajfa-1990	216	6	market	market	NOUN
ajfa-1990	216	7	is	be	AUX
ajfa-1990	216	8	well	well	ADV
ajfa-1990	216	9	developed	develop	VERB
ajfa-1990	216	10	for	for	ADP
ajfa-1990	216	11	this	this	DET
ajfa-1990	216	12	commodity	commodity	NOUN
ajfa-1990	216	13	.	.	PUNCT
ajfa-1990	217	1	no	no	DET
ajfa-1990	217	2	price	price	NOUN
ajfa-1990	217	3	destabilization	destabilization	NOUN
ajfa-1990	217	4	effect	effect	NOUN
ajfa-1990	217	5	is	be	AUX
ajfa-1990	217	6	observed	observe	VERB
ajfa-1990	217	7	and	and	CCONJ
ajfa-1990	217	8	there	there	PRON
ajfa-1990	217	9	seems	seem	VERB
ajfa-1990	217	10	to	to	PART
ajfa-1990	217	11	be	be	AUX
ajfa-1990	217	12	no	no	DET
ajfa-1990	217	13	relationship	relationship	NOUN
ajfa-1990	217	14	between	between	ADP
ajfa-1990	217	15	futures	future	NOUN
ajfa-1990	217	16	market	market	NOUN
ajfa-1990	217	17	trading	trading	NOUN
ajfa-1990	217	18	activity	activity	NOUN
ajfa-1990	217	19	and	and	CCONJ
ajfa-1990	217	20	spot	spot	NOUN
ajfa-1990	217	21	market	market	NOUN
ajfa-1990	217	22	volatility	volatility	NOUN
ajfa-1990	217	23	.	.	PUNCT
ajfa-1990	218	1	policy	policy	NOUN
ajfa-1990	218	2	suggestions	suggestion	NOUN
ajfa-1990	218	3	the	the	DET
ajfa-1990	218	4	policy	policy	NOUN
ajfa-1990	218	5	suggestions	suggestion	NOUN
ajfa-1990	218	6	include	include	VERB
ajfa-1990	218	7	those	those	PRON
ajfa-1990	218	8	relating	relate	VERB
ajfa-1990	218	9	to	to	ADP
ajfa-1990	218	10	un	un	ADJ
ajfa-1990	218	11	-	-	ADJ
ajfa-1990	218	12	notice	notice	NOUN
ajfa-1990	218	13	abrasions	abrasion	NOUN
ajfa-1990	218	14	in	in	ADP
ajfa-1990	218	15	market	market	NOUN
ajfa-1990	218	16	behaviour	behaviour	NOUN
ajfa-1990	218	17	and	and	CCONJ
ajfa-1990	218	18	measures	measure	NOUN
ajfa-1990	218	19	that	that	PRON
ajfa-1990	218	20	can	can	AUX
ajfa-1990	218	21	strengthen	strengthen	VERB
ajfa-1990	218	22	the	the	DET
ajfa-1990	218	23	commodity	commodity	NOUN
ajfa-1990	218	24	futures	future	NOUN
ajfa-1990	218	25	trading	trading	NOUN
ajfa-1990	218	26	in	in	ADP
ajfa-1990	218	27	india	india	PROPN
ajfa-1990	218	28	.	.	PUNCT
ajfa-1990	219	1			PUNCT
ajfa-1990	220	1	the	the	DET
ajfa-1990	220	2	commodity	commodity	NOUN
ajfa-1990	220	3	exchanges	exchange	NOUN
ajfa-1990	220	4	must	must	AUX
ajfa-1990	220	5	strengthen	strengthen	VERB
ajfa-1990	220	6	their	their	PRON
ajfa-1990	220	7	surveillance	surveillance	NOUN
ajfa-1990	220	8	system	system	NOUN
ajfa-1990	220	9	for	for	ADP
ajfa-1990	220	10	early	early	ADJ
ajfa-1990	220	11	detection	detection	NOUN
ajfa-1990	220	12	of	of	ADP
ajfa-1990	220	13	anomalous	anomalous	ADJ
ajfa-1990	220	14	trading	trading	NOUN
ajfa-1990	220	15	behaviour	behaviour	NOUN
ajfa-1990	220	16	for	for	ADP
ajfa-1990	220	17	all	all	DET
ajfa-1990	220	18	commodities	commodity	NOUN
ajfa-1990	220	19	.	.	PUNCT
ajfa-1990	221	1	in	in	ADP
ajfa-1990	221	2	case	case	NOUN
ajfa-1990	221	3	there	there	PRON
ajfa-1990	221	4	is	be	VERB
ajfa-1990	221	5	any	any	DET
ajfa-1990	221	6	anomalous	anomalous	ADJ
ajfa-1990	221	7	behaviour	behaviour	NOUN
ajfa-1990	221	8	it	it	PRON
ajfa-1990	221	9	must	must	AUX
ajfa-1990	221	10	be	be	AUX
ajfa-1990	221	11	put	put	VERB
ajfa-1990	221	12	under	under	ADP
ajfa-1990	221	13	active	active	ADJ
ajfa-1990	221	14	monitoring	monitoring	NOUN
ajfa-1990	221	15	on	on	ADP
ajfa-1990	221	16	continuous	continuous	ADJ
ajfa-1990	221	17	basis	basis	NOUN
ajfa-1990	221	18	.	.	PUNCT
ajfa-1990	222	1			PUNCT
ajfa-1990	223	1	the	the	DET
ajfa-1990	223	2	government	government	NOUN
ajfa-1990	223	3	should	should	AUX
ajfa-1990	223	4	pass	pass	VERB
ajfa-1990	223	5	the	the	DET
ajfa-1990	223	6	forward	forward	ADJ
ajfa-1990	223	7	contract	contract	NOUN
ajfa-1990	223	8	regulation	regulation	NOUN
ajfa-1990	223	9	amendment	amendment	NOUN
ajfa-1990	223	10	(	(	PUNCT
ajfa-1990	223	11	fcra	fcra	NOUN
ajfa-1990	223	12	)	)	PUNCT
ajfa-1990	223	13	bill	bill	NOUN
ajfa-1990	223	14	2010	2010	NUM
ajfa-1990	223	15	at	at	ADP
ajfa-1990	223	16	the	the	DET
ajfa-1990	223	17	earliest	early	ADJ
ajfa-1990	223	18	,	,	PUNCT
ajfa-1990	223	19	which	which	PRON
ajfa-1990	223	20	shall	shall	AUX
ajfa-1990	223	21	provide	provide	VERB
ajfa-1990	223	22	administrative	administrative	ADJ
ajfa-1990	223	23	and	and	CCONJ
ajfa-1990	223	24	financial	financial	ADJ
ajfa-1990	223	25	autonomy	autonomy	NOUN
ajfa-1990	223	26	to	to	PART
ajfa-1990	223	27	forwards	forward	VERB
ajfa-1990	223	28	asian	asian	ADJ
ajfa-1990	223	29	journal	journal	PROPN
ajfa-1990	223	30	of	of	ADP
ajfa-1990	223	31	finance	finance	PROPN
ajfa-1990	223	32	&	&	CCONJ
ajfa-1990	223	33	accounting	accounting	PROPN
ajfa-1990	223	34	issn	issn	PROPN
ajfa-1990	223	35	1946	1946	NUM
ajfa-1990	223	36	-	-	PUNCT
ajfa-1990	223	37	052x	052x	NOUN
ajfa-1990	223	38	2012	2012	NUM
ajfa-1990	223	39	,	,	PUNCT
ajfa-1990	223	40	vol	vol	NOUN
ajfa-1990	223	41	.	.	PROPN
ajfa-1990	223	42	4	4	NUM
ajfa-1990	223	43	,	,	PUNCT
ajfa-1990	223	44	no	no	INTJ
ajfa-1990	223	45	.	.	NOUN
ajfa-1990	223	46	2	2	NUM
ajfa-1990	223	47	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-1990	223	48	213	213	NUM
ajfa-1990	223	49	market	market	NOUN
ajfa-1990	223	50	commission	commission	NOUN
ajfa-1990	223	51	(	(	PUNCT
ajfa-1990	223	52	fmc	fmc	PROPN
ajfa-1990	223	53	)	)	PUNCT
ajfa-1990	223	54	and	and	CCONJ
ajfa-1990	223	55	give	give	VERB
ajfa-1990	223	56	it	it	PRON
ajfa-1990	223	57	adequate	adequate	ADJ
ajfa-1990	223	58	powers	power	NOUN
ajfa-1990	223	59	to	to	PART
ajfa-1990	223	60	regulate	regulate	VERB
ajfa-1990	223	61	commodity	commodity	NOUN
ajfa-1990	223	62	market	market	NOUN
ajfa-1990	223	63	and	and	CCONJ
ajfa-1990	223	64	penalise	penalise	VERB
ajfa-1990	223	65	any	any	DET
ajfa-1990	223	66	insider	insider	NOUN
ajfa-1990	223	67	trading	trading	NOUN
ajfa-1990	223	68	and	and	CCONJ
ajfa-1990	223	69	price	price	NOUN
ajfa-1990	223	70	manipulations	manipulation	NOUN
ajfa-1990	223	71	.	.	PUNCT
ajfa-1990	224	1			PUNCT
ajfa-1990	225	1	the	the	DET
ajfa-1990	225	2	government	government	NOUN
ajfa-1990	225	3	must	must	AUX
ajfa-1990	225	4	encourage	encourage	VERB
ajfa-1990	225	5	futures	future	NOUN
ajfa-1990	225	6	trading	trading	NOUN
ajfa-1990	225	7	in	in	ADP
ajfa-1990	225	8	these	these	DET
ajfa-1990	225	9	markets	market	NOUN
ajfa-1990	225	10	as	as	SCONJ
ajfa-1990	225	11	they	they	PRON
ajfa-1990	225	12	play	play	VERB
ajfa-1990	225	13	an	an	DET
ajfa-1990	225	14	important	important	ADJ
ajfa-1990	225	15	role	role	NOUN
ajfa-1990	225	16	in	in	ADP
ajfa-1990	225	17	price	price	NOUN
ajfa-1990	225	18	discovery	discovery	NOUN
ajfa-1990	225	19	and	and	CCONJ
ajfa-1990	225	20	price	price	NOUN
ajfa-1990	225	21	risk	risk	NOUN
ajfa-1990	225	22	management	management	NOUN
ajfa-1990	225	23	.	.	PUNCT
ajfa-1990	226	1	suspension	suspension	NOUN
ajfa-1990	226	2	of	of	ADP
ajfa-1990	226	3	trading	trading	NOUN
ajfa-1990	226	4	is	be	AUX
ajfa-1990	226	5	a	a	DET
ajfa-1990	226	6	not	not	PART
ajfa-1990	226	7	a	a	DET
ajfa-1990	226	8	solution	solution	NOUN
ajfa-1990	226	9	and	and	CCONJ
ajfa-1990	226	10	may	may	AUX
ajfa-1990	226	11	actually	actually	ADV
ajfa-1990	226	12	harm	harm	VERB
ajfa-1990	226	13	the	the	DET
ajfa-1990	226	14	process	process	NOUN
ajfa-1990	226	15	of	of	ADP
ajfa-1990	226	16	market	market	NOUN
ajfa-1990	226	17	development	development	NOUN
ajfa-1990	226	18	.	.	PUNCT
ajfa-1990	227	1	rather	rather	ADV
ajfa-1990	227	2	,	,	PUNCT
ajfa-1990	227	3	an	an	DET
ajfa-1990	227	4	efficient	efficient	ADJ
ajfa-1990	227	5	surveillance	surveillance	NOUN
ajfa-1990	227	6	system	system	NOUN
ajfa-1990	227	7	must	must	AUX
ajfa-1990	227	8	be	be	AUX
ajfa-1990	227	9	set	set	VERB
ajfa-1990	227	10	in	in	ADP
ajfa-1990	227	11	place	place	NOUN
ajfa-1990	227	12	,	,	PUNCT
ajfa-1990	227	13	to	to	PART
ajfa-1990	227	14	minimize	minimize	VERB
ajfa-1990	227	15	probability	probability	NOUN
ajfa-1990	227	16	of	of	ADP
ajfa-1990	227	17	price	price	NOUN
ajfa-1990	227	18	distortions	distortion	NOUN
ajfa-1990	227	19	.	.	PUNCT
ajfa-1990	228	1			X
ajfa-1990	228	2	given	give	VERB
ajfa-1990	228	3	the	the	DET
ajfa-1990	228	4	nascent	nascent	ADJ
ajfa-1990	228	5	nature	nature	NOUN
ajfa-1990	228	6	of	of	ADP
ajfa-1990	228	7	commodities	commodity	NOUN
ajfa-1990	228	8	derivatives	derivative	NOUN
ajfa-1990	228	9	market	market	NOUN
ajfa-1990	228	10	in	in	ADP
ajfa-1990	228	11	india	india	PROPN
ajfa-1990	228	12	,	,	PUNCT
ajfa-1990	228	13	the	the	DET
ajfa-1990	228	14	government	government	NOUN
ajfa-1990	228	15	must	must	AUX
ajfa-1990	228	16	support	support	VERB
ajfa-1990	228	17	these	these	DET
ajfa-1990	228	18	trading	trading	NOUN
ajfa-1990	228	19	platforms	platform	NOUN
ajfa-1990	228	20	with	with	ADP
ajfa-1990	228	21	by	by	ADP
ajfa-1990	228	22	providing	provide	VERB
ajfa-1990	228	23	fiscal	fiscal	ADJ
ajfa-1990	228	24	incentives	incentive	NOUN
ajfa-1990	228	25	,	,	PUNCT
ajfa-1990	228	26	sound	sound	ADJ
ajfa-1990	228	27	regulatory	regulatory	ADJ
ajfa-1990	228	28	environment	environment	NOUN
ajfa-1990	228	29	,	,	PUNCT
ajfa-1990	228	30	infrastructure	infrastructure	NOUN
ajfa-1990	228	31	facilities	facility	NOUN
ajfa-1990	228	32	and	and	CCONJ
ajfa-1990	228	33	broad	broad	ADJ
ajfa-1990	228	34	basing	base	VERB
ajfa-1990	228	35	the	the	DET
ajfa-1990	228	36	investor	investor	NOUN
ajfa-1990	228	37	list	list	NOUN
ajfa-1990	228	38	.	.	PUNCT
ajfa-1990	229	1	commodity	commodity	NOUN
ajfa-1990	229	2	market	market	NOUN
ajfa-1990	229	3	has	have	VERB
ajfa-1990	229	4	economy	economy	NOUN
ajfa-1990	229	5	wide	wide	ADJ
ajfa-1990	229	6	implications	implication	NOUN
ajfa-1990	229	7	on	on	ADP
ajfa-1990	229	8	issues	issue	NOUN
ajfa-1990	229	9	relating	relate	VERB
ajfa-1990	229	10	to	to	ADP
ajfa-1990	229	11	inflation	inflation	NOUN
ajfa-1990	229	12	,	,	PUNCT
ajfa-1990	229	13	infrastructure	infrastructure	NOUN
ajfa-1990	229	14	development	development	NOUN
ajfa-1990	229	15	,	,	PUNCT
ajfa-1990	229	16	wealth	wealth	NOUN
ajfa-1990	229	17	creation	creation	NOUN
ajfa-1990	229	18	,	,	PUNCT
ajfa-1990	229	19	employment	employment	NOUN
ajfa-1990	229	20	generation	generation	NOUN
ajfa-1990	229	21	,	,	PUNCT
ajfa-1990	229	22	etc	etc	X
ajfa-1990	229	23	.	.	X
ajfa-1990	230	1	hence	hence	ADV
ajfa-1990	230	2	,	,	PUNCT
ajfa-1990	230	3	the	the	DET
ajfa-1990	230	4	government	government	NOUN
ajfa-1990	230	5	support	support	NOUN
ajfa-1990	230	6	shall	shall	AUX
ajfa-1990	230	7	lead	lead	VERB
ajfa-1990	230	8	to	to	ADP
ajfa-1990	230	9	market	market	NOUN
ajfa-1990	230	10	growth	growth	NOUN
ajfa-1990	230	11	and	and	CCONJ
ajfa-1990	230	12	overall	overall	ADJ
ajfa-1990	230	13	economic	economic	ADJ
ajfa-1990	230	14	development	development	NOUN
ajfa-1990	230	15	.	.	PUNCT
ajfa-1990	231	1			X
ajfa-1990	231	2	well	well	ADV
ajfa-1990	231	3	-	-	PUNCT
ajfa-1990	231	4	organized	organize	VERB
ajfa-1990	231	5	spot	spot	NOUN
ajfa-1990	231	6	markets	market	NOUN
ajfa-1990	231	7	must	must	AUX
ajfa-1990	231	8	be	be	AUX
ajfa-1990	231	9	developed	develop	VERB
ajfa-1990	231	10	,	,	PUNCT
ajfa-1990	231	11	ensuring	ensure	VERB
ajfa-1990	231	12	transparency	transparency	NOUN
ajfa-1990	231	13	and	and	CCONJ
ajfa-1990	231	14	trading	trading	NOUN
ajfa-1990	231	15	efficiency	efficiency	NOUN
ajfa-1990	231	16	.	.	PUNCT
ajfa-1990	232	1	electronically	electronically	ADV
ajfa-1990	232	2	traded	trade	VERB
ajfa-1990	232	3	spot	spot	NOUN
ajfa-1990	232	4	exchanges	exchange	NOUN
ajfa-1990	232	5	must	must	AUX
ajfa-1990	232	6	be	be	AUX
ajfa-1990	232	7	developed	develop	VERB
ajfa-1990	232	8	and	and	CCONJ
ajfa-1990	232	9	warehousing	warehousing	NOUN
ajfa-1990	232	10	,	,	PUNCT
ajfa-1990	232	11	testing	testing	NOUN
ajfa-1990	232	12	labs	lab	NOUN
ajfa-1990	232	13	as	as	ADV
ajfa-1990	232	14	well	well	ADV
ajfa-1990	232	15	as	as	ADP
ajfa-1990	232	16	other	other	ADJ
ajfa-1990	232	17	eco	eco	NOUN
ajfa-1990	232	18	-	-	PUNCT
ajfa-1990	232	19	system	system	NOUN
ajfa-1990	232	20	linkages	linkage	NOUN
ajfa-1990	232	21	must	must	AUX
ajfa-1990	232	22	be	be	AUX
ajfa-1990	232	23	established	establish	VERB
ajfa-1990	232	24	.	.	PUNCT
ajfa-1990	233	1			PRON
ajfa-1990	233	2	institutional	institutional	ADJ
ajfa-1990	233	3	investors	investor	NOUN
ajfa-1990	233	4	’	'	PUNCT
ajfa-1990	233	5	participation	participation	NOUN
ajfa-1990	233	6	must	must	AUX
ajfa-1990	233	7	be	be	AUX
ajfa-1990	233	8	allowed	allow	VERB
ajfa-1990	233	9	so	so	SCONJ
ajfa-1990	233	10	that	that	SCONJ
ajfa-1990	233	11	these	these	DET
ajfa-1990	233	12	markets	market	NOUN
ajfa-1990	233	13	achieve	achieve	VERB
ajfa-1990	233	14	higher	high	ADJ
ajfa-1990	233	15	trading	trading	NOUN
ajfa-1990	233	16	liquidity	liquidity	NOUN
ajfa-1990	233	17	.	.	PUNCT
ajfa-1990	234	1	innovative	innovative	ADJ
ajfa-1990	234	2	derivative	derivative	ADJ
ajfa-1990	234	3	instruments	instrument	NOUN
ajfa-1990	234	4	such	such	ADJ
ajfa-1990	234	5	as	as	ADP
ajfa-1990	234	6	commodity	commodity	NOUN
ajfa-1990	234	7	options	option	NOUN
ajfa-1990	234	8	must	must	AUX
ajfa-1990	234	9	be	be	AUX
ajfa-1990	234	10	introduced	introduce	VERB
ajfa-1990	234	11	to	to	PART
ajfa-1990	234	12	attract	attract	VERB
ajfa-1990	234	13	higher	high	ADJ
ajfa-1990	234	14	trading	trading	NOUN
ajfa-1990	234	15	volumes	volume	NOUN
ajfa-1990	234	16	and	and	CCONJ
ajfa-1990	234	17	provide	provide	VERB
ajfa-1990	234	18	a	a	DET
ajfa-1990	234	19	better	well	ADJ
ajfa-1990	234	20	risk	risk	NOUN
ajfa-1990	234	21	management	management	NOUN
ajfa-1990	234	22	alternative	alternative	NOUN
ajfa-1990	234	23	.	.	PUNCT
ajfa-1990	235	1			PROPN
ajfa-1990	235	2	fmc	fmc	PROPN
ajfa-1990	235	3	must	must	AUX
ajfa-1990	235	4	come	come	VERB
ajfa-1990	235	5	out	out	ADP
ajfa-1990	235	6	with	with	ADP
ajfa-1990	235	7	a	a	DET
ajfa-1990	235	8	long	long	ADJ
ajfa-1990	235	9	term	term	NOUN
ajfa-1990	235	10	investor	investor	NOUN
ajfa-1990	235	11	education	education	NOUN
ajfa-1990	235	12	strategy	strategy	NOUN
ajfa-1990	235	13	.	.	PUNCT
ajfa-1990	236	1	investor	investor	NOUN
ajfa-1990	236	2	education	education	NOUN
ajfa-1990	236	3	is	be	AUX
ajfa-1990	236	4	the	the	DET
ajfa-1990	236	5	best	good	ADJ
ajfa-1990	236	6	way	way	NOUN
ajfa-1990	236	7	to	to	PART
ajfa-1990	236	8	empower	empower	VERB
ajfa-1990	236	9	investors	investor	NOUN
ajfa-1990	236	10	and	and	CCONJ
ajfa-1990	236	11	hence	hence	ADV
ajfa-1990	236	12	the	the	DET
ajfa-1990	236	13	issue	issue	NOUN
ajfa-1990	236	14	needs	need	VERB
ajfa-1990	236	15	special	special	ADJ
ajfa-1990	236	16	attention	attention	NOUN
ajfa-1990	236	17	.	.	PUNCT
ajfa-1990	237	1	a	a	DET
ajfa-1990	237	2	well	well	ADV
ajfa-1990	237	3	-	-	PUNCT
ajfa-1990	237	4	informed	inform	VERB
ajfa-1990	237	5	investor	investor	NOUN
ajfa-1990	237	6	’s	’s	PART
ajfa-1990	237	7	base	base	NOUN
ajfa-1990	237	8	shall	shall	AUX
ajfa-1990	237	9	create	create	VERB
ajfa-1990	237	10	greater	great	ADJ
ajfa-1990	237	11	trading	trading	NOUN
ajfa-1990	237	12	liquidity	liquidity	NOUN
ajfa-1990	237	13	and	and	CCONJ
ajfa-1990	237	14	help	help	NOUN
ajfa-1990	237	15	in	in	ADP
ajfa-1990	237	16	avoiding	avoid	VERB
ajfa-1990	237	17	price	price	NOUN
ajfa-1990	237	18	manipulations	manipulation	NOUN
ajfa-1990	237	19	.	.	PUNCT
ajfa-1990	238	1			PRON
ajfa-1990	238	2	we	we	PRON
ajfa-1990	238	3	recommend	recommend	VERB
ajfa-1990	238	4	that	that	SCONJ
ajfa-1990	238	5	a	a	DET
ajfa-1990	238	6	detailed	detailed	ADJ
ajfa-1990	238	7	analysis	analysis	NOUN
ajfa-1990	238	8	using	use	VERB
ajfa-1990	238	9	high	high	ADJ
ajfa-1990	238	10	frequency	frequency	NOUN
ajfa-1990	238	11	data	datum	NOUN
ajfa-1990	238	12	must	must	AUX
ajfa-1990	238	13	be	be	AUX
ajfa-1990	238	14	performed	perform	VERB
ajfa-1990	238	15	for	for	ADP
ajfa-1990	238	16	a	a	DET
ajfa-1990	238	17	wide	wide	ADJ
ajfa-1990	238	18	range	range	NOUN
ajfa-1990	238	19	of	of	ADP
ajfa-1990	238	20	agri	agri	NOUN
ajfa-1990	238	21	-	-	PUNCT
ajfa-1990	238	22	commodities	commodity	NOUN
ajfa-1990	238	23	in	in	ADP
ajfa-1990	238	24	order	order	NOUN
ajfa-1990	238	25	for	for	SCONJ
ajfa-1990	238	26	the	the	DET
ajfa-1990	238	27	government	government	NOUN
ajfa-1990	238	28	and	and	CCONJ
ajfa-1990	238	29	the	the	DET
ajfa-1990	238	30	market	market	NOUN
ajfa-1990	238	31	regulator	regulator	NOUN
ajfa-1990	238	32	to	to	PART
ajfa-1990	238	33	arrive	arrive	VERB
ajfa-1990	238	34	at	at	ADP
ajfa-1990	238	35	long	long	ADJ
ajfa-1990	238	36	-	-	PUNCT
ajfa-1990	238	37	term	term	NOUN
ajfa-1990	238	38	policy	policy	NOUN
ajfa-1990	238	39	conclusion	conclusion	NOUN
ajfa-1990	238	40	.	.	PUNCT
ajfa-1990	239	1	references	reference	NOUN
ajfa-1990	239	2	abdullah	abdullah	PROPN
ajfa-1990	239	3	,	,	PUNCT
ajfa-1990	239	4	d.a	d.a	PROPN
ajfa-1990	239	5	.	.	PROPN
ajfa-1990	239	6	,	,	PUNCT
ajfa-1990	239	7	&	&	CCONJ
ajfa-1990	239	8	rangazas	rangazas	PROPN
ajfa-1990	239	9	,	,	PUNCT
ajfa-1990	239	10	p.c	p.c	PROPN
ajfa-1990	239	11	.	.	PROPN
ajfa-1990	239	12	(	(	PUNCT
ajfa-1990	239	13	1988	1988	NUM
ajfa-1990	239	14	)	)	PUNCT
ajfa-1990	239	15	.	.	PUNCT
ajfa-1990	240	1	money	money	NOUN
ajfa-1990	240	2	and	and	CCONJ
ajfa-1990	240	3	the	the	DET
ajfa-1990	240	4	business	business	NOUN
ajfa-1990	240	5	cycle	cycle	NOUN
ajfa-1990	240	6	:	:	PUNCT
ajfa-1990	240	7	another	another	DET
ajfa-1990	240	8	look	look	NOUN
ajfa-1990	240	9	.	.	PUNCT
ajfa-1990	241	1	review	review	NOUN
ajfa-1990	241	2	of	of	ADP
ajfa-1990	241	3	economics	economic	NOUN
ajfa-1990	241	4	and	and	CCONJ
ajfa-1990	241	5	statistics	statistic	NOUN
ajfa-1990	241	6	,	,	PUNCT
ajfa-1990	241	7	70	70	NUM
ajfa-1990	241	8	,	,	PUNCT
ajfa-1990	241	9	680	680	NUM
ajfa-1990	241	10	-	-	SYM
ajfa-1990	241	11	85	85	NUM
ajfa-1990	241	12	.	.	PUNCT
ajfa-1990	242	1	http://dx.doi.org/10.2307/1935833	http://dx.doi.org/10.2307/1935833	NOUN
ajfa-1990	242	2	antoniou	antoniou	PROPN
ajfa-1990	242	3	,	,	PUNCT
ajfa-1990	242	4	a.	a.	PROPN
ajfa-1990	242	5	,	,	PUNCT
ajfa-1990	242	6	&	&	CCONJ
ajfa-1990	242	7	ergul	ergul	NOUN
ajfa-1990	242	8	,	,	PUNCT
ajfa-1990	242	9	n.	n.	NOUN
ajfa-1990	242	10	(	(	PUNCT
ajfa-1990	242	11	1997	1997	NUM
ajfa-1990	242	12	)	)	PUNCT
ajfa-1990	242	13	.	.	PUNCT
ajfa-1990	243	1	market	market	NOUN
ajfa-1990	243	2	efficiency	efficiency	NOUN
ajfa-1990	243	3	,	,	PUNCT
ajfa-1990	243	4	thin	thin	ADJ
ajfa-1990	243	5	trading	trading	NOUN
ajfa-1990	243	6	and	and	CCONJ
ajfa-1990	243	7	non	non	ADJ
ajfa-1990	243	8	-	-	ADJ
ajfa-1990	243	9	linear	linear	ADJ
ajfa-1990	243	10	behaviour	behaviour	NOUN
ajfa-1990	243	11	:	:	PUNCT
ajfa-1990	243	12	evidence	evidence	NOUN
ajfa-1990	243	13	from	from	ADP
ajfa-1990	243	14	an	an	DET
ajfa-1990	243	15	emerging	emerge	VERB
ajfa-1990	243	16	market	market	NOUN
ajfa-1990	243	17	.	.	PUNCT
ajfa-1990	244	1	european	european	ADJ
ajfa-1990	244	2	financial	financial	ADJ
ajfa-1990	244	3	management	management	NOUN
ajfa-1990	244	4	,	,	PUNCT
ajfa-1990	244	5	3	3	NUM
ajfa-1990	244	6	,	,	PUNCT
ajfa-1990	244	7	175	175	NUM
ajfa-1990	244	8	-	-	SYM
ajfa-1990	244	9	90	90	NUM
ajfa-1990	244	10	.	.	PUNCT
ajfa-1990	245	1	http://dx.doi.org/10.1111/1468-036x.00038	http://dx.doi.org/10.1111/1468-036x.00038	PROPN
ajfa-1990	245	2	antoniou	antoniou	NOUN
ajfa-1990	245	3	,	,	PUNCT
ajfa-1990	245	4	a.	a.	NOUN
ajfa-1990	245	5	,	,	PUNCT
ajfa-1990	245	6	&	&	CCONJ
ajfa-1990	245	7	foster	foster	PROPN
ajfa-1990	245	8	,	,	PUNCT
ajfa-1990	245	9	a.j	a.j	PROPN
ajfa-1990	245	10	.	.	PROPN
ajfa-1990	245	11	(	(	PUNCT
ajfa-1990	245	12	1992	1992	NUM
ajfa-1990	245	13	)	)	PUNCT
ajfa-1990	245	14	.	.	PUNCT
ajfa-1990	246	1	the	the	DET
ajfa-1990	246	2	effect	effect	NOUN
ajfa-1990	246	3	of	of	ADP
ajfa-1990	246	4	futures	future	NOUN
ajfa-1990	246	5	trading	trading	NOUN
ajfa-1990	246	6	on	on	ADP
ajfa-1990	246	7	spot	spot	NOUN
ajfa-1990	246	8	price	price	NOUN
ajfa-1990	246	9	volatility	volatility	NOUN
ajfa-1990	246	10	:	:	PUNCT
ajfa-1990	246	11	evidence	evidence	NOUN
ajfa-1990	246	12	for	for	ADP
ajfa-1990	246	13	brent	brent	PROPN
ajfa-1990	246	14	crude	crude	ADJ
ajfa-1990	246	15	oil	oil	NOUN
ajfa-1990	246	16	using	use	VERB
ajfa-1990	246	17	garch	garch	NOUN
ajfa-1990	246	18	.	.	PUNCT
ajfa-1990	247	1	journal	journal	PROPN
ajfa-1990	247	2	of	of	ADP
ajfa-1990	247	3	business	business	NOUN
ajfa-1990	247	4	finance	finance	NOUN
ajfa-1990	247	5	and	and	CCONJ
ajfa-1990	247	6	accounting	accounting	NOUN
ajfa-1990	247	7	,	,	PUNCT
ajfa-1990	247	8	19	19	NUM
ajfa-1990	247	9	,	,	PUNCT
ajfa-1990	247	10	473	473	NUM
ajfa-1990	247	11	-	-	SYM
ajfa-1990	247	12	484	484	NUM
ajfa-1990	247	13	.	.	PUNCT
ajfa-1990	248	1	http://dx.doi.org/10.1111/j.1468-5957.1992.tb00639.x	http://dx.doi.org/10.1111/j.1468-5957.1992.tb00639.x	PROPN
ajfa-1990	248	2	asian	asian	ADJ
ajfa-1990	248	3	journal	journal	NOUN
ajfa-1990	248	4	of	of	ADP
ajfa-1990	248	5	finance	finance	PROPN
ajfa-1990	248	6	&	&	CCONJ
ajfa-1990	248	7	accounting	accounting	PROPN
ajfa-1990	248	8	issn	issn	PROPN
ajfa-1990	248	9	1946	1946	NUM
ajfa-1990	248	10	-	-	PUNCT
ajfa-1990	248	11	052x	052x	NOUN
ajfa-1990	248	12	2012	2012	NUM
ajfa-1990	248	13	,	,	PUNCT
ajfa-1990	248	14	vol	vol	NOUN
ajfa-1990	248	15	.	.	PROPN
ajfa-1990	248	16	4	4	NUM
ajfa-1990	248	17	,	,	PUNCT
ajfa-1990	248	18	no	no	INTJ
ajfa-1990	248	19	.	.	NOUN
ajfa-1990	248	20	2	2	NUM
ajfa-1990	248	21	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-1990	248	22	214	214	NUM
ajfa-1990	248	23	antoniou	antoniou	NOUN
ajfa-1990	248	24	,	,	PUNCT
ajfa-1990	248	25	a.	a.	NOUN
ajfa-1990	248	26	,	,	PUNCT
ajfa-1990	248	27	holmes	holmes	PROPN
ajfa-1990	248	28	,	,	PUNCT
ajfa-1990	248	29	p.	p.	NOUN
ajfa-1990	248	30	,	,	PUNCT
ajfa-1990	248	31	&	&	CCONJ
ajfa-1990	248	32	priestley	priestley	PROPN
ajfa-1990	248	33	,	,	PUNCT
ajfa-1990	248	34	r.	r.	PROPN
ajfa-1990	248	35	(	(	PUNCT
ajfa-1990	248	36	1998	1998	NUM
ajfa-1990	248	37	)	)	PUNCT
ajfa-1990	248	38	.	.	PUNCT
ajfa-1990	249	1	the	the	DET
ajfa-1990	249	2	effects	effect	NOUN
ajfa-1990	249	3	of	of	ADP
ajfa-1990	249	4	stock	stock	NOUN
ajfa-1990	249	5	index	index	NOUN
ajfa-1990	249	6	futures	future	NOUN
ajfa-1990	249	7	trading	trading	NOUN
ajfa-1990	249	8	on	on	ADP
ajfa-1990	249	9	stock	stock	NOUN
ajfa-1990	249	10	index	index	NOUN
ajfa-1990	249	11	volatility	volatility	NOUN
ajfa-1990	249	12	:	:	PUNCT
ajfa-1990	249	13	an	an	DET
ajfa-1990	249	14	analysis	analysis	NOUN
ajfa-1990	249	15	of	of	ADP
ajfa-1990	249	16	the	the	DET
ajfa-1990	249	17	asymmetric	asymmetric	ADJ
ajfa-1990	249	18	response	response	NOUN
ajfa-1990	249	19	of	of	ADP
ajfa-1990	249	20	volatility	volatility	NOUN
ajfa-1990	249	21	to	to	ADP
ajfa-1990	249	22	news	news	NOUN
ajfa-1990	249	23	.	.	PUNCT
ajfa-1990	250	1	journal	journal	PROPN
ajfa-1990	250	2	of	of	ADP
ajfa-1990	250	3	futures	future	NOUN
ajfa-1990	250	4	markets	market	NOUN
ajfa-1990	250	5	,	,	PUNCT
ajfa-1990	250	6	18	18	NUM
ajfa-1990	250	7	,	,	PUNCT
ajfa-1990	250	8	151	151	NUM
ajfa-1990	250	9	-	-	SYM
ajfa-1990	250	10	166	166	NUM
ajfa-1990	250	11	.	.	PUNCT
ajfa-1990	251	1	http://dx.doi.org/10.1002/(sici)1096-9934(199804)18:2<151::aid-fut2>3.0.co;2-1	http://dx.doi.org/10.1002/(sici)1096-9934(199804)18:2<151::aid-fut2>3.0.co;2-1	PROPN
ajfa-1990	251	2	bakaert	bakaert	PROPN
ajfa-1990	251	3	,	,	PUNCT
ajfa-1990	251	4	g.	g.	PROPN
ajfa-1990	251	5	,	,	PUNCT
ajfa-1990	251	6	&	&	CCONJ
ajfa-1990	251	7	harvey	harvey	PROPN
ajfa-1990	251	8	,	,	PUNCT
ajfa-1990	251	9	c.	c.	PROPN
ajfa-1990	251	10	r.	r.	PROPN
ajfa-1990	251	11	(	(	PUNCT
ajfa-1990	251	12	1997	1997	NUM
ajfa-1990	251	13	)	)	PUNCT
ajfa-1990	251	14	.	.	PUNCT
ajfa-1990	252	1	emerging	emerge	VERB
ajfa-1990	252	2	equity	equity	NOUN
ajfa-1990	252	3	market	market	NOUN
ajfa-1990	252	4	volatility	volatility	NOUN
ajfa-1990	252	5	.	.	PUNCT
ajfa-1990	253	1	journal	journal	NOUN
ajfa-1990	253	2	of	of	ADP
ajfa-1990	253	3	financial	financial	ADJ
ajfa-1990	253	4	economics	economic	NOUN
ajfa-1990	253	5	,	,	PUNCT
ajfa-1990	253	6	43	43	NUM
ajfa-1990	253	7	,	,	PUNCT
ajfa-1990	253	8	29	29	NUM
ajfa-1990	253	9	-	-	SYM
ajfa-1990	253	10	77	77	NUM
ajfa-1990	253	11	.	.	PUNCT
ajfa-1990	254	1	http://dx.doi.org/10.1016/s0304-405x(96)00889-6	http://dx.doi.org/10.1016/s0304-405x(96)00889-6	NOUN
ajfa-1990	254	2	bessembinder	bessembinder	PROPN
ajfa-1990	254	3	,	,	PUNCT
ajfa-1990	254	4	h.	h.	PROPN
ajfa-1990	254	5	,	,	PUNCT
ajfa-1990	254	6	&	&	CCONJ
ajfa-1990	254	7	seguin	seguin	PROPN
ajfa-1990	254	8	,	,	PUNCT
ajfa-1990	254	9	p.j	p.j	PROPN
ajfa-1990	254	10	.	.	PROPN
ajfa-1990	254	11	,	,	PUNCT
ajfa-1990	254	12	(	(	PUNCT
ajfa-1990	254	13	1992	1992	NUM
ajfa-1990	254	14	)	)	PUNCT
ajfa-1990	254	15	.	.	PUNCT
ajfa-1990	255	1	futures	future	NOUN
ajfa-1990	255	2	trading	trading	NOUN
ajfa-1990	255	3	activity	activity	NOUN
ajfa-1990	255	4	and	and	CCONJ
ajfa-1990	255	5	stock	stock	NOUN
ajfa-1990	255	6	price	price	NOUN
ajfa-1990	255	7	volatility	volatility	NOUN
ajfa-1990	255	8	.	.	PUNCT
ajfa-1990	256	1	journal	journal	PROPN
ajfa-1990	256	2	of	of	ADP
ajfa-1990	256	3	finance	finance	NOUN
ajfa-1990	256	4	,	,	PUNCT
ajfa-1990	256	5	47	47	NUM
ajfa-1990	256	6	,	,	PUNCT
ajfa-1990	256	7	2015–2034	2015–2034	NUM
ajfa-1990	256	8	.	.	PUNCT
ajfa-1990	256	9	http://dx.doi.org/10.1111/j.1540-6261.1992.tb04695.x	http://dx.doi.org/10.1111/j.1540-6261.1992.tb04695.x	PROPN
ajfa-1990	256	10	bessembinder	bessembinder	PROPN
ajfa-1990	256	11	,	,	PUNCT
ajfa-1990	256	12	h.	h.	PROPN
ajfa-1990	256	13	,	,	PUNCT
ajfa-1990	256	14	&	&	CCONJ
ajfa-1990	256	15	seguin	seguin	PROPN
ajfa-1990	256	16	,	,	PUNCT
ajfa-1990	256	17	p.	p.	PROPN
ajfa-1990	256	18	j.	j.	PROPN
ajfa-1990	256	19	(	(	PUNCT
ajfa-1990	256	20	1993	1993	NUM
ajfa-1990	256	21	)	)	PUNCT
ajfa-1990	256	22	.	.	PUNCT
ajfa-1990	257	1	price	price	NOUN
ajfa-1990	257	2	volatility	volatility	NOUN
ajfa-1990	257	3	,	,	PUNCT
ajfa-1990	257	4	trading	trading	NOUN
ajfa-1990	257	5	volume	volume	NOUN
ajfa-1990	257	6	,	,	PUNCT
ajfa-1990	257	7	and	and	CCONJ
ajfa-1990	257	8	market	market	NOUN
ajfa-1990	257	9	depth	depth	NOUN
ajfa-1990	257	10	:	:	PUNCT
ajfa-1990	257	11	evidence	evidence	NOUN
ajfa-1990	257	12	from	from	ADP
ajfa-1990	257	13	futures	future	NOUN
ajfa-1990	257	14	markets	market	NOUN
ajfa-1990	257	15	.	.	PUNCT
ajfa-1990	258	1	journal	journal	NOUN
ajfa-1990	258	2	of	of	ADP
ajfa-1990	258	3	financial	financial	ADJ
ajfa-1990	258	4	and	and	CCONJ
ajfa-1990	258	5	quantitative	quantitative	ADJ
ajfa-1990	258	6	analysis	analysis	NOUN
ajfa-1990	258	7	,	,	PUNCT
ajfa-1990	258	8	28	28	NUM
ajfa-1990	258	9	,	,	PUNCT
ajfa-1990	258	10	21	21	NUM
ajfa-1990	258	11	-	-	SYM
ajfa-1990	258	12	39	39	NUM
ajfa-1990	258	13	.	.	PUNCT
ajfa-1990	259	1	http://dx.doi.org/10.2307/2331149	http://dx.doi.org/10.2307/2331149	PROPN
ajfa-1990	259	2	board	board	PROPN
ajfa-1990	259	3	,	,	PUNCT
ajfa-1990	259	4	j.	j.	PROPN
ajfa-1990	259	5	,	,	PUNCT
ajfa-1990	259	6	sandmann	sandmann	PROPN
ajfa-1990	259	7	,	,	PUNCT
ajfa-1990	259	8	g.	g.	PROPN
ajfa-1990	259	9	,	,	PUNCT
ajfa-1990	259	10	&	&	CCONJ
ajfa-1990	259	11	sutcliffe	sutcliffe	PROPN
ajfa-1990	259	12	,	,	PUNCT
ajfa-1990	259	13	c.	c.	PROPN
ajfa-1990	259	14	(	(	PUNCT
ajfa-1990	259	15	2001	2001	NUM
ajfa-1990	259	16	)	)	PUNCT
ajfa-1990	259	17	.	.	PUNCT
ajfa-1990	260	1	the	the	DET
ajfa-1990	260	2	effect	effect	NOUN
ajfa-1990	260	3	of	of	ADP
ajfa-1990	260	4	futures	future	NOUN
ajfa-1990	260	5	market	market	NOUN
ajfa-1990	260	6	volume	volume	NOUN
ajfa-1990	260	7	on	on	ADP
ajfa-1990	260	8	spot	spot	NOUN
ajfa-1990	260	9	market	market	NOUN
ajfa-1990	260	10	volatility	volatility	NOUN
ajfa-1990	260	11	.	.	PUNCT
ajfa-1990	261	1	journal	journal	NOUN
ajfa-1990	261	2	of	of	ADP
ajfa-1990	261	3	business	business	NOUN
ajfa-1990	261	4	finance	finance	NOUN
ajfa-1990	261	5	and	and	CCONJ
ajfa-1990	261	6	accounting	accounting	NOUN
ajfa-1990	261	7	,	,	PUNCT
ajfa-1990	261	8	28	28	NUM
ajfa-1990	261	9	,	,	PUNCT
ajfa-1990	261	10	799	799	NUM
ajfa-1990	261	11	819	819	NUM
ajfa-1990	261	12	.	.	PUNCT
ajfa-1990	262	1	http://dx.doi.org/10.1111/1468-5957.00394	http://dx.doi.org/10.1111/1468-5957.00394	PRON
ajfa-1990	262	2	brown	brown	ADJ
ajfa-1990	262	3	-	-	PUNCT
ajfa-1990	262	4	hruska	hruska	NOUN
ajfa-1990	262	5	,	,	PUNCT
ajfa-1990	262	6	s.	s.	PROPN
ajfa-1990	262	7	,	,	PUNCT
ajfa-1990	262	8	&	&	CCONJ
ajfa-1990	262	9	kuserk	kuserk	PROPN
ajfa-1990	262	10	,	,	PUNCT
ajfa-1990	262	11	g.	g.	PROPN
ajfa-1990	262	12	(	(	PUNCT
ajfa-1990	262	13	1995	1995	NUM
ajfa-1990	262	14	)	)	PUNCT
ajfa-1990	262	15	.	.	PUNCT
ajfa-1990	263	1	volatility	volatility	NOUN
ajfa-1990	263	2	,	,	PUNCT
ajfa-1990	263	3	volume	volume	NOUN
ajfa-1990	263	4	and	and	CCONJ
ajfa-1990	263	5	the	the	DET
ajfa-1990	263	6	notion	notion	NOUN
ajfa-1990	263	7	of	of	ADP
ajfa-1990	263	8	balance	balance	NOUN
ajfa-1990	263	9	in	in	ADP
ajfa-1990	263	10	the	the	DET
ajfa-1990	263	11	s&p	s&p	PROPN
ajfa-1990	263	12	500	500	NUM
ajfa-1990	263	13	cash	cash	NOUN
ajfa-1990	263	14	and	and	CCONJ
ajfa-1990	263	15	futures	future	NOUN
ajfa-1990	263	16	markets	market	NOUN
ajfa-1990	263	17	.	.	PUNCT
ajfa-1990	264	1	journal	journal	PROPN
ajfa-1990	264	2	of	of	ADP
ajfa-1990	264	3	futures	future	NOUN
ajfa-1990	264	4	markets	market	NOUN
ajfa-1990	264	5	,	,	PUNCT
ajfa-1990	264	6	15	15	NUM
ajfa-1990	264	7	,	,	PUNCT
ajfa-1990	264	8	677	677	NUM
ajfa-1990	264	9	-	-	SYM
ajfa-1990	264	10	689	689	NUM
ajfa-1990	264	11	.	.	PUNCT
ajfa-1990	265	1	http://dx.doi.org/10.1002/fut.3990150606	http://dx.doi.org/10.1002/fut.3990150606	PROPN
ajfa-1990	265	2	campbell	campbell	PROPN
ajfa-1990	265	3	,	,	PUNCT
ajfa-1990	265	4	j.	j.	PROPN
ajfa-1990	265	5	y.	y.	PROPN
ajfa-1990	265	6	,	,	PUNCT
ajfa-1990	265	7	grossman	grossman	PROPN
ajfa-1990	265	8	,	,	PUNCT
ajfa-1990	265	9	s.	s.	PROPN
ajfa-1990	265	10	j.	j.	PROPN
ajfa-1990	265	11	,	,	PUNCT
ajfa-1990	265	12	&	&	CCONJ
ajfa-1990	265	13	wang	wang	PROPN
ajfa-1990	265	14	,	,	PUNCT
ajfa-1990	265	15	j.	j.	PROPN
ajfa-1990	265	16	(	(	PUNCT
ajfa-1990	265	17	1993	1993	NUM
ajfa-1990	265	18	)	)	PUNCT
ajfa-1990	265	19	.	.	PUNCT
ajfa-1990	266	1	trading	trading	NOUN
ajfa-1990	266	2	volume	volume	NOUN
ajfa-1990	266	3	and	and	CCONJ
ajfa-1990	266	4	serial	serial	ADJ
ajfa-1990	266	5	correlation	correlation	NOUN
ajfa-1990	266	6	in	in	ADP
ajfa-1990	266	7	stock	stock	NOUN
ajfa-1990	266	8	returns	return	NOUN
ajfa-1990	266	9	.	.	PUNCT
ajfa-1990	267	1	quarterly	quarterly	ADJ
ajfa-1990	267	2	journal	journal	NOUN
ajfa-1990	267	3	of	of	ADP
ajfa-1990	267	4	economics	economic	NOUN
ajfa-1990	267	5	,	,	PUNCT
ajfa-1990	267	6	108	108	NUM
ajfa-1990	267	7	,	,	PUNCT
ajfa-1990	267	8	905	905	NUM
ajfa-1990	267	9	-	-	SYM
ajfa-1990	267	10	39	39	NUM
ajfa-1990	267	11	.	.	PUNCT
ajfa-1990	268	1	http://dx.doi.org/10.2307/2118454	http://dx.doi.org/10.2307/2118454	PROPN
ajfa-1990	268	2	carter	carter	PROPN
ajfa-1990	268	3	,	,	PUNCT
ajfa-1990	268	4	c.	c.	PROPN
ajfa-1990	268	5	a.	a.	PROPN
ajfa-1990	268	6	(	(	PUNCT
ajfa-1990	268	7	1989	1989	NUM
ajfa-1990	268	8	)	)	PUNCT
ajfa-1990	268	9	.	.	PUNCT
ajfa-1990	269	1	arbitrage	arbitrage	NOUN
ajfa-1990	269	2	opportunities	opportunity	NOUN
ajfa-1990	269	3	between	between	ADP
ajfa-1990	269	4	thin	thin	ADJ
ajfa-1990	269	5	and	and	CCONJ
ajfa-1990	269	6	liquid	liquid	ADJ
ajfa-1990	269	7	futures	future	NOUN
ajfa-1990	269	8	markets	market	NOUN
ajfa-1990	269	9	.	.	PUNCT
ajfa-1990	270	1	the	the	DET
ajfa-1990	270	2	journal	journal	PROPN
ajfa-1990	270	3	of	of	ADP
ajfa-1990	270	4	futures	future	NOUN
ajfa-1990	270	5	markets	market	NOUN
ajfa-1990	270	6	,	,	PUNCT
ajfa-1990	270	7	9	9	NUM
ajfa-1990	270	8	,	,	PUNCT
ajfa-1990	270	9	347	347	NUM
ajfa-1990	270	10	-	-	SYM
ajfa-1990	270	11	353	353	NUM
ajfa-1990	270	12	.	.	PUNCT
ajfa-1990	271	1	http://dx.doi.org/10.1002/fut.3990090408	http://dx.doi.org/10.1002/fut.3990090408	PROPN
ajfa-1990	271	2	chang	chang	PROPN
ajfa-1990	271	3	,	,	PUNCT
ajfa-1990	271	4	e.	e.	PROPN
ajfa-1990	271	5	c.	c.	PROPN
ajfa-1990	271	6	,	,	PUNCT
ajfa-1990	271	7	cheng	cheng	PROPN
ajfa-1990	271	8	,	,	PUNCT
ajfa-1990	271	9	j.	j.	PROPN
ajfa-1990	271	10	w.	w.	PROPN
ajfa-1990	271	11	,	,	PUNCT
ajfa-1990	271	12	&	&	CCONJ
ajfa-1990	271	13	pinegar	pinegar	PROPN
ajfa-1990	271	14	,	,	PUNCT
ajfa-1990	271	15	j.	j.	PROPN
ajfa-1990	271	16	m.	m.	PROPN
ajfa-1990	271	17	(	(	PUNCT
ajfa-1990	271	18	1999	1999	NUM
ajfa-1990	271	19	)	)	PUNCT
ajfa-1990	271	20	.	.	PUNCT
ajfa-1990	272	1	does	do	VERB
ajfa-1990	272	2	future	future	ADJ
ajfa-1990	272	3	trading	trading	NOUN
ajfa-1990	272	4	increase	increase	VERB
ajfa-1990	272	5	stock	stock	NOUN
ajfa-1990	272	6	market	market	NOUN
ajfa-1990	272	7	volatility	volatility	NOUN
ajfa-1990	272	8	?	?	PUNCT
ajfa-1990	273	1	the	the	DET
ajfa-1990	273	2	case	case	NOUN
ajfa-1990	273	3	of	of	ADP
ajfa-1990	273	4	the	the	DET
ajfa-1990	273	5	nikkei	nikkei	PROPN
ajfa-1990	273	6	stock	stock	PROPN
ajfa-1990	273	7	index	index	NOUN
ajfa-1990	273	8	futures	future	NOUN
ajfa-1990	273	9	markets	market	NOUN
ajfa-1990	273	10	.	.	PUNCT
ajfa-1990	274	1	journal	journal	NOUN
ajfa-1990	274	2	of	of	ADP
ajfa-1990	274	3	banking	banking	NOUN
ajfa-1990	274	4	and	and	CCONJ
ajfa-1990	274	5	finance	finance	NOUN
ajfa-1990	274	6	,	,	PUNCT
ajfa-1990	274	7	23	23	NUM
ajfa-1990	274	8	,	,	PUNCT
ajfa-1990	274	9	727–753	727–753	NUM
ajfa-1990	274	10	.	.	PUNCT
ajfa-1990	275	1	http://dx.doi.org/10.1016/s0378-4266(98)00069-7	http://dx.doi.org/10.1016/s0378-4266(98)00069-7	PROPN
ajfa-1990	275	2	chang	chang	PROPN
ajfa-1990	275	3	,	,	PUNCT
ajfa-1990	275	4	e.	e.	PROPN
ajfa-1990	275	5	,	,	PUNCT
ajfa-1990	275	6	chou	chou	PROPN
ajfa-1990	275	7	,	,	PUNCT
ajfa-1990	275	8	r.y	r.y	PROPN
ajfa-1990	275	9	.	.	PROPN
ajfa-1990	275	10	,	,	PUNCT
ajfa-1990	275	11	&	&	CCONJ
ajfa-1990	275	12	nelling	nelling	PROPN
ajfa-1990	275	13	,	,	PUNCT
ajfa-1990	275	14	e.f	e.f	PROPN
ajfa-1990	275	15	.	.	PROPN
ajfa-1990	275	16	(	(	PUNCT
ajfa-1990	275	17	2000	2000	NUM
ajfa-1990	275	18	)	)	PUNCT
ajfa-1990	275	19	.	.	PUNCT
ajfa-1990	276	1	market	market	NOUN
ajfa-1990	276	2	volatility	volatility	NOUN
ajfa-1990	276	3	and	and	CCONJ
ajfa-1990	276	4	the	the	DET
ajfa-1990	276	5	demand	demand	NOUN
ajfa-1990	276	6	for	for	ADP
ajfa-1990	276	7	hedging	hedge	VERB
ajfa-1990	276	8	in	in	ADP
ajfa-1990	276	9	stock	stock	NOUN
ajfa-1990	276	10	index	index	NOUN
ajfa-1990	276	11	futures	future	NOUN
ajfa-1990	276	12	.	.	PUNCT
ajfa-1990	277	1	the	the	DET
ajfa-1990	277	2	journal	journal	PROPN
ajfa-1990	277	3	of	of	ADP
ajfa-1990	277	4	futures	future	NOUN
ajfa-1990	277	5	markets	market	NOUN
ajfa-1990	277	6	,	,	PUNCT
ajfa-1990	277	7	20	20	NUM
ajfa-1990	277	8	,	,	PUNCT
ajfa-1990	277	9	105	105	NUM
ajfa-1990	277	10	-	-	SYM
ajfa-1990	277	11	125	125	NUM
ajfa-1990	277	12	.	.	PUNCT
ajfa-1990	277	13	http://dx.doi.org/10.1002/(sici)1096-9934(200002)20:2<105::aid-fut1>3.0.co;2-q	http://dx.doi.org/10.1002/(sici)1096-9934(200002)20:2<105::aid-fut1>3.0.co;2-q	NOUN
ajfa-1990	277	14	chatrath	chatrath	NOUN
ajfa-1990	277	15	,	,	PUNCT
ajfa-1990	277	16	a.	a.	NOUN
ajfa-1990	277	17	,	,	PUNCT
ajfa-1990	277	18	ramchander	ramchander	NOUN
ajfa-1990	277	19	,	,	PUNCT
ajfa-1990	277	20	s.	s.	PROPN
ajfa-1990	277	21	,	,	PUNCT
ajfa-1990	277	22	&	&	CCONJ
ajfa-1990	277	23	song	song	PROPN
ajfa-1990	277	24	,	,	PUNCT
ajfa-1990	277	25	f.	f.	PROPN
ajfa-1990	277	26	(	(	PUNCT
ajfa-1990	277	27	1996	1996	NUM
ajfa-1990	277	28	)	)	PUNCT
ajfa-1990	277	29	.	.	PUNCT
ajfa-1990	278	1	the	the	DET
ajfa-1990	278	2	role	role	NOUN
ajfa-1990	278	3	of	of	ADP
ajfa-1990	278	4	futures	future	NOUN
ajfa-1990	278	5	trading	trading	NOUN
ajfa-1990	278	6	activity	activity	NOUN
ajfa-1990	278	7	in	in	ADP
ajfa-1990	278	8	exchange	exchange	NOUN
ajfa-1990	278	9	rate	rate	NOUN
ajfa-1990	278	10	volatility	volatility	NOUN
ajfa-1990	278	11	.	.	PUNCT
ajfa-1990	279	1	the	the	DET
ajfa-1990	279	2	journal	journal	PROPN
ajfa-1990	279	3	of	of	ADP
ajfa-1990	279	4	futures	future	NOUN
ajfa-1990	279	5	markets	market	NOUN
ajfa-1990	279	6	,	,	PUNCT
ajfa-1990	279	7	16	16	NUM
ajfa-1990	279	8	,	,	PUNCT
ajfa-1990	279	9	561	561	NUM
ajfa-1990	279	10	-	-	SYM
ajfa-1990	279	11	584	584	NUM
ajfa-1990	279	12	.	.	PUNCT
ajfa-1990	280	1	http://dx.doi.org/10.1002/(sici)1096-9934(199608)16:5<561::aid-fut4>3.0.co;2-e	http://dx.doi.org/10.1002/(sici)1096-9934(199608)16:5<561::aid-fut4>3.0.co;2-e	PROPN
ajfa-1990	280	2	chen	chen	PROPN
ajfa-1990	280	3	,	,	PUNCT
ajfa-1990	280	4	n.	n.	PROPN
ajfa-1990	280	5	,	,	PUNCT
ajfa-1990	280	6	cuny	cuny	PROPN
ajfa-1990	280	7	,	,	PUNCT
ajfa-1990	280	8	c.j	c.j	PROPN
ajfa-1990	280	9	.	.	PROPN
ajfa-1990	280	10	,	,	PUNCT
ajfa-1990	280	11	&	&	CCONJ
ajfa-1990	280	12	haugen	haugen	PROPN
ajfa-1990	280	13	,	,	PUNCT
ajfa-1990	280	14	r.	r.	PROPN
ajfa-1990	280	15	a.	a.	PROPN
ajfa-1990	280	16	(	(	PUNCT
ajfa-1990	280	17	1995	1995	NUM
ajfa-1990	280	18	)	)	PUNCT
ajfa-1990	280	19	,	,	PUNCT
ajfa-1990	280	20	stock	stock	NOUN
ajfa-1990	280	21	volatility	volatility	NOUN
ajfa-1990	280	22	and	and	CCONJ
ajfa-1990	280	23	the	the	DET
ajfa-1990	280	24	levels	level	NOUN
ajfa-1990	280	25	of	of	ADP
ajfa-1990	280	26	the	the	DET
ajfa-1990	280	27	basis	basis	NOUN
ajfa-1990	280	28	and	and	CCONJ
ajfa-1990	280	29	open	open	VERB
ajfa-1990	280	30	interest	interest	NOUN
ajfa-1990	280	31	in	in	ADP
ajfa-1990	280	32	futures	future	NOUN
ajfa-1990	280	33	contracts	contract	NOUN
ajfa-1990	280	34	’	'	PUNCT
ajfa-1990	280	35	.	.	PUNCT
ajfa-1990	281	1	journal	journal	PROPN
ajfa-1990	281	2	of	of	ADP
ajfa-1990	281	3	finance	finance	NOUN
ajfa-1990	281	4	,	,	PUNCT
ajfa-1990	281	5	50	50	NUM
ajfa-1990	281	6	,	,	PUNCT
ajfa-1990	281	7	281	281	NUM
ajfa-1990	281	8	-	-	SYM
ajfa-1990	281	9	300	300	NUM
ajfa-1990	281	10	.	.	PUNCT
ajfa-1990	282	1	http://dx.doi.org/10.2307/2329246	http://dx.doi.org/10.2307/2329246	PROPN
ajfa-1990	282	2	clifton	clifton	PROPN
ajfa-1990	282	3	,	,	PUNCT
ajfa-1990	282	4	e.v	e.v	PROPN
ajfa-1990	282	5	.	.	PUNCT
ajfa-1990	282	6	(	(	PUNCT
ajfa-1990	282	7	1985	1985	NUM
ajfa-1990	282	8	)	)	PUNCT
ajfa-1990	282	9	.	.	PUNCT
ajfa-1990	283	1	the	the	DET
ajfa-1990	283	2	currency	currency	NOUN
ajfa-1990	283	3	futures	future	NOUN
ajfa-1990	283	4	market	market	NOUN
ajfa-1990	283	5	and	and	CCONJ
ajfa-1990	283	6	interbank	interbank	NOUN
ajfa-1990	283	7	foreign	foreign	ADJ
ajfa-1990	283	8	exchange	exchange	NOUN
ajfa-1990	283	9	trading	trading	NOUN
ajfa-1990	283	10	.	.	PUNCT
ajfa-1990	284	1	the	the	DET
ajfa-1990	284	2	journal	journal	PROPN
ajfa-1990	284	3	of	of	ADP
ajfa-1990	284	4	futures	future	NOUN
ajfa-1990	284	5	markets	market	NOUN
ajfa-1990	284	6	,	,	PUNCT
ajfa-1990	284	7	5	5	NUM
ajfa-1990	284	8	,	,	PUNCT
ajfa-1990	284	9	375–384	375–384	NUM
ajfa-1990	284	10	.	.	PUNCT
ajfa-1990	285	1	http://dx.doi.org/10.1002/fut.3990050308	http://dx.doi.org/10.1002/fut.3990050308	PROPN
ajfa-1990	285	2	asian	asian	PROPN
ajfa-1990	285	3	journal	journal	PROPN
ajfa-1990	285	4	of	of	ADP
ajfa-1990	285	5	finance	finance	PROPN
ajfa-1990	285	6	&	&	CCONJ
ajfa-1990	285	7	accounting	accounting	PROPN
ajfa-1990	285	8	issn	issn	PROPN
ajfa-1990	285	9	1946	1946	NUM
ajfa-1990	285	10	-	-	PUNCT
ajfa-1990	285	11	052x	052x	NOUN
ajfa-1990	285	12	2012	2012	NUM
ajfa-1990	285	13	,	,	PUNCT
ajfa-1990	285	14	vol	vol	NOUN
ajfa-1990	285	15	.	.	PROPN
ajfa-1990	285	16	4	4	NUM
ajfa-1990	285	17	,	,	PUNCT
ajfa-1990	285	18	no	no	INTJ
ajfa-1990	285	19	.	.	NOUN
ajfa-1990	285	20	2	2	NUM
ajfa-1990	285	21	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-1990	285	22	215	215	NUM
ajfa-1990	285	23	cox	cox	NOUN
ajfa-1990	285	24	,	,	PUNCT
ajfa-1990	285	25	c.	c.	PROPN
ajfa-1990	285	26	c.	c.	PROPN
ajfa-1990	285	27	(	(	PUNCT
ajfa-1990	285	28	1976	1976	NUM
ajfa-1990	285	29	)	)	PUNCT
ajfa-1990	285	30	.	.	PUNCT
ajfa-1990	286	1	futures	future	NOUN
ajfa-1990	286	2	trading	trading	NOUN
ajfa-1990	286	3	and	and	CCONJ
ajfa-1990	286	4	market	market	NOUN
ajfa-1990	286	5	information	information	NOUN
ajfa-1990	286	6	.	.	PUNCT
ajfa-1990	287	1	journal	journal	NOUN
ajfa-1990	287	2	of	of	ADP
ajfa-1990	287	3	political	political	ADJ
ajfa-1990	287	4	economy	economy	NOUN
ajfa-1990	287	5	,	,	PUNCT
ajfa-1990	287	6	84	84	NUM
ajfa-1990	287	7	,	,	PUNCT
ajfa-1990	287	8	1215	1215	NUM
ajfa-1990	287	9	-	-	SYM
ajfa-1990	287	10	1237	1237	NUM
ajfa-1990	287	11	.	.	PUNCT
ajfa-1990	288	1	http://dx.doi.org/10.1086/260509	http://dx.doi.org/10.1086/260509	NOUN
ajfa-1990	288	2	damodaran	damodaran	PROPN
ajfa-1990	288	3	,	,	PUNCT
ajfa-1990	288	4	a.	a.	NOUN
ajfa-1990	288	5	(	(	PUNCT
ajfa-1990	288	6	1990	1990	NUM
ajfa-1990	288	7	)	)	PUNCT
ajfa-1990	288	8	.	.	PUNCT
ajfa-1990	289	1	index	index	NOUN
ajfa-1990	289	2	futures	future	NOUN
ajfa-1990	289	3	and	and	CCONJ
ajfa-1990	289	4	stock	stock	NOUN
ajfa-1990	289	5	market	market	NOUN
ajfa-1990	289	6	volatility	volatility	NOUN
ajfa-1990	289	7	.	.	PUNCT
ajfa-1990	290	1	review	review	NOUN
ajfa-1990	290	2	of	of	ADP
ajfa-1990	290	3	futures	future	NOUN
ajfa-1990	290	4	markets	market	NOUN
ajfa-1990	290	5	,	,	PUNCT
ajfa-1990	290	6	9	9	NUM
ajfa-1990	290	7	,	,	PUNCT
ajfa-1990	290	8	442	442	NUM
ajfa-1990	290	9	-	-	SYM
ajfa-1990	290	10	457	457	NUM
ajfa-1990	290	11	.	.	PUNCT
ajfa-1990	291	1	danthine	danthine	PROPN
ajfa-1990	291	2	,	,	PUNCT
ajfa-1990	291	3	j.	j.	PROPN
ajfa-1990	291	4	(	(	PUNCT
ajfa-1990	291	5	1978	1978	NUM
ajfa-1990	291	6	)	)	PUNCT
ajfa-1990	291	7	,	,	PUNCT
ajfa-1990	291	8	information	information	NOUN
ajfa-1990	291	9	,	,	PUNCT
ajfa-1990	291	10	futures	future	NOUN
ajfa-1990	291	11	prices	price	NOUN
ajfa-1990	291	12	,	,	PUNCT
ajfa-1990	291	13	and	and	CCONJ
ajfa-1990	291	14	stabilizing	stabilize	VERB
ajfa-1990	291	15	speculation	speculation	NOUN
ajfa-1990	291	16	.	.	PUNCT
ajfa-1990	292	1	journal	journal	NOUN
ajfa-1990	292	2	of	of	ADP
ajfa-1990	292	3	economic	economic	ADJ
ajfa-1990	292	4	theory	theory	NOUN
ajfa-1990	292	5	,	,	PUNCT
ajfa-1990	292	6	17	17	NUM
ajfa-1990	292	7	,	,	PUNCT
ajfa-1990	292	8	79	79	NUM
ajfa-1990	292	9	-	-	SYM
ajfa-1990	292	10	98	98	NUM
ajfa-1990	292	11	.	.	PUNCT
ajfa-1990	293	1	http://dx.doi.org/10.1016/0022-0531(78)90124-2	http://dx.doi.org/10.1016/0022-0531(78)90124-2	PROPN
ajfa-1990	293	2	darrat	darrat	PROPN
ajfa-1990	293	3	,	,	PUNCT
ajfa-1990	293	4	a.f	a.f	PROPN
ajfa-1990	293	5	.	.	PROPN
ajfa-1990	293	6	,	,	PUNCT
ajfa-1990	293	7	&	&	CCONJ
ajfa-1990	293	8	rahman	rahman	PROPN
ajfa-1990	293	9	,	,	PUNCT
ajfa-1990	293	10	s.	s.	PROPN
ajfa-1990	293	11	(	(	PUNCT
ajfa-1990	293	12	1995	1995	NUM
ajfa-1990	293	13	)	)	PUNCT
ajfa-1990	293	14	.	.	PUNCT
ajfa-1990	294	1	has	have	AUX
ajfa-1990	294	2	futures	future	NOUN
ajfa-1990	294	3	trading	trading	NOUN
ajfa-1990	294	4	activity	activity	NOUN
ajfa-1990	294	5	caused	cause	VERB
ajfa-1990	294	6	stock	stock	NOUN
ajfa-1990	294	7	price	price	NOUN
ajfa-1990	294	8	volatility	volatility	NOUN
ajfa-1990	294	9	?	?	PUNCT
ajfa-1990	295	1	journal	journal	NOUN
ajfa-1990	295	2	of	of	ADP
ajfa-1990	295	3	futures	future	NOUN
ajfa-1990	295	4	markets	market	NOUN
ajfa-1990	295	5	,	,	PUNCT
ajfa-1990	295	6	15	15	NUM
ajfa-1990	295	7	,	,	PUNCT
ajfa-1990	295	8	537–57	537–57	NUM
ajfa-1990	295	9	.	.	PUNCT
ajfa-1990	296	1	http://dx.doi.org/10.1002/fut.3990150503	http://dx.doi.org/10.1002/fut.3990150503	PROPN
ajfa-1990	296	2	darrat	darrat	PROPN
ajfa-1990	296	3	,	,	PUNCT
ajfa-1990	296	4	a.f	a.f	PROPN
ajfa-1990	296	5	.	.	PROPN
ajfa-1990	296	6	,	,	PUNCT
ajfa-1990	296	7	rahman	rahman	PROPN
ajfa-1990	296	8	,	,	PUNCT
ajfa-1990	296	9	s.	s.	PROPN
ajfa-1990	296	10	,	,	PUNCT
ajfa-1990	296	11	&	&	CCONJ
ajfa-1990	296	12	zhong	zhong	PROPN
ajfa-1990	296	13	,	,	PUNCT
ajfa-1990	296	14	m.	m.	NOUN
ajfa-1990	296	15	(	(	PUNCT
ajfa-1990	296	16	2002	2002	NUM
ajfa-1990	296	17	)	)	PUNCT
ajfa-1990	296	18	.	.	PUNCT
ajfa-1990	297	1	on	on	ADP
ajfa-1990	297	2	the	the	DET
ajfa-1990	297	3	role	role	NOUN
ajfa-1990	297	4	of	of	ADP
ajfa-1990	297	5	futures	future	NOUN
ajfa-1990	297	6	trading	trading	NOUN
ajfa-1990	297	7	in	in	ADP
ajfa-1990	297	8	cash	cash	NOUN
ajfa-1990	297	9	market	market	NOUN
ajfa-1990	297	10	fluctuations	fluctuation	NOUN
ajfa-1990	297	11	:	:	PUNCT
ajfa-1990	297	12	perpetrator	perpetrator	NOUN
ajfa-1990	297	13	of	of	ADP
ajfa-1990	297	14	volatility	volatility	NOUN
ajfa-1990	297	15	or	or	CCONJ
ajfa-1990	297	16	victim	victim	NOUN
ajfa-1990	297	17	of	of	ADP
ajfa-1990	297	18	regret	regret	NOUN
ajfa-1990	297	19	?	?	PUNCT
ajfa-1990	298	1	journal	journal	NOUN
ajfa-1990	298	2	of	of	ADP
ajfa-1990	298	3	financial	financial	ADJ
ajfa-1990	298	4	research	research	NOUN
ajfa-1990	298	5	,	,	PUNCT
ajfa-1990	298	6	25	25	NUM
ajfa-1990	298	7	,	,	PUNCT
ajfa-1990	298	8	431	431	NUM
ajfa-1990	298	9	-	-	SYM
ajfa-1990	298	10	44	44	NUM
ajfa-1990	298	11	.	.	PUNCT
ajfa-1990	299	1	http://dx.doi.org/10.1111/1475-6803.00028	http://dx.doi.org/10.1111/1475-6803.00028	PROPN
ajfa-1990	299	2	figlewski	figlewski	PROPN
ajfa-1990	299	3	,	,	PUNCT
ajfa-1990	299	4	s.	s.	PROPN
ajfa-1990	299	5	(	(	PUNCT
ajfa-1990	299	6	1981	1981	NUM
ajfa-1990	299	7	)	)	PUNCT
ajfa-1990	299	8	.	.	PUNCT
ajfa-1990	300	1	futures	future	NOUN
ajfa-1990	300	2	trading	trading	NOUN
ajfa-1990	300	3	and	and	CCONJ
ajfa-1990	300	4	volatility	volatility	NOUN
ajfa-1990	300	5	in	in	ADP
ajfa-1990	300	6	the	the	DET
ajfa-1990	300	7	gnma	gnma	NOUN
ajfa-1990	300	8	market	market	NOUN
ajfa-1990	300	9	.	.	PUNCT
ajfa-1990	301	1	journal	journal	PROPN
ajfa-1990	301	2	of	of	ADP
ajfa-1990	301	3	finance	finance	NOUN
ajfa-1990	301	4	,	,	PUNCT
ajfa-1990	301	5	36	36	NUM
ajfa-1990	301	6	,	,	PUNCT
ajfa-1990	301	7	445	445	NUM
ajfa-1990	301	8	-	-	SYM
ajfa-1990	301	9	456	456	NUM
ajfa-1990	301	10	.	.	PUNCT
ajfa-1990	302	1	http://dx.doi.org/10.2307/2327030	http://dx.doi.org/10.2307/2327030	PROPN
ajfa-1990	302	2	froot	froot	PROPN
ajfa-1990	302	3	,	,	PUNCT
ajfa-1990	302	4	k.	k.	PROPN
ajfa-1990	302	5	a.	a.	PROPN
ajfa-1990	302	6	,	,	PUNCT
ajfa-1990	302	7	&	&	CCONJ
ajfa-1990	302	8	perold	perold	PROPN
ajfa-1990	302	9	,	,	PUNCT
ajfa-1990	302	10	a.	a.	PROPN
ajfa-1990	302	11	f.	f.	PROPN
ajfa-1990	302	12	(	(	PUNCT
ajfa-1990	302	13	1991	1991	NUM
ajfa-1990	302	14	)	)	PUNCT
ajfa-1990	302	15	.	.	PUNCT
ajfa-1990	303	1	new	new	ADJ
ajfa-1990	303	2	trading	trading	NOUN
ajfa-1990	303	3	practices	practice	NOUN
ajfa-1990	303	4	and	and	CCONJ
ajfa-1990	303	5	short	short	ADJ
ajfa-1990	303	6	-	-	PUNCT
ajfa-1990	303	7	run	run	NOUN
ajfa-1990	303	8	market	market	NOUN
ajfa-1990	303	9	efficiency	efficiency	NOUN
ajfa-1990	303	10	,	,	PUNCT
ajfa-1990	303	11	working	working	NOUN
ajfa-1990	303	12	paper	paper	NOUN
ajfa-1990	303	13	,	,	PUNCT
ajfa-1990	303	14	mit	mit	PROPN
ajfa-1990	303	15	.	.	PUNCT
ajfa-1990	303	16	fung	fung	PROPN
ajfa-1990	303	17	,	,	PUNCT
ajfa-1990	303	18	h	h	NOUN
ajfa-1990	303	19	-	-	PUNCT
ajfa-1990	303	20	g.	g.	NOUN
ajfa-1990	303	21	,	,	PUNCT
ajfa-1990	303	22	&	&	CCONJ
ajfa-1990	303	23	patterson	patterson	PROPN
ajfa-1990	303	24	,	,	PUNCT
ajfa-1990	303	25	g.	g.	PROPN
ajfa-1990	303	26	a.	a.	PROPN
ajfa-1990	303	27	(	(	PUNCT
ajfa-1990	303	28	1998	1998	NUM
ajfa-1990	303	29	)	)	PUNCT
ajfa-1990	303	30	.	.	PUNCT
ajfa-1990	304	1	the	the	DET
ajfa-1990	304	2	dynamic	dynamic	ADJ
ajfa-1990	304	3	relationship	relationship	NOUN
ajfa-1990	304	4	of	of	ADP
ajfa-1990	304	5	volatility	volatility	NOUN
ajfa-1990	304	6	,	,	PUNCT
ajfa-1990	304	7	volume	volume	NOUN
ajfa-1990	304	8	,	,	PUNCT
ajfa-1990	304	9	and	and	CCONJ
ajfa-1990	304	10	market	market	NOUN
ajfa-1990	304	11	depth	depth	NOUN
ajfa-1990	304	12	in	in	ADP
ajfa-1990	304	13	currency	currency	NOUN
ajfa-1990	304	14	futures	future	NOUN
ajfa-1990	304	15	markets	market	NOUN
ajfa-1990	304	16	.	.	PUNCT
ajfa-1990	305	1	journal	journal	PROPN
ajfa-1990	305	2	of	of	ADP
ajfa-1990	305	3	international	international	ADJ
ajfa-1990	305	4	financial	financial	ADJ
ajfa-1990	305	5	markets	market	NOUN
ajfa-1990	305	6	,	,	PUNCT
ajfa-1990	305	7	institutions	institution	NOUN
ajfa-1990	305	8	and	and	CCONJ
ajfa-1990	305	9	money	money	NOUN
ajfa-1990	305	10	,	,	PUNCT
ajfa-1990	305	11	9	9	NUM
ajfa-1990	305	12	,	,	PUNCT
ajfa-1990	305	13	33	33	NUM
ajfa-1990	305	14	-	-	SYM
ajfa-1990	305	15	59	59	NUM
ajfa-1990	305	16	.	.	PUNCT
ajfa-1990	306	1	http://dx.doi.org/10.1016/s1042-4431(98)00035-3	http://dx.doi.org/10.1016/s1042-4431(98)00035-3	PROPN
ajfa-1990	306	2	grammatikos	grammatikos	NOUN
ajfa-1990	306	3	,	,	PUNCT
ajfa-1990	306	4	t.	t.	PROPN
ajfa-1990	306	5	,	,	PUNCT
ajfa-1990	306	6	&	&	CCONJ
ajfa-1990	306	7	saunders	saunders	PROPN
ajfa-1990	306	8	,	,	PUNCT
ajfa-1990	306	9	a.	a.	NOUN
ajfa-1990	306	10	(	(	PUNCT
ajfa-1990	306	11	1986	1986	NUM
ajfa-1990	306	12	)	)	PUNCT
ajfa-1990	306	13	.	.	PUNCT
ajfa-1990	307	1	futures	future	NOUN
ajfa-1990	307	2	price	price	NOUN
ajfa-1990	307	3	variability	variability	NOUN
ajfa-1990	307	4	:	:	PUNCT
ajfa-1990	307	5	a	a	DET
ajfa-1990	307	6	test	test	NOUN
ajfa-1990	307	7	of	of	ADP
ajfa-1990	307	8	maturity	maturity	NOUN
ajfa-1990	307	9	and	and	CCONJ
ajfa-1990	307	10	volume	volume	NOUN
ajfa-1990	307	11	effects	effect	NOUN
ajfa-1990	307	12	.	.	PUNCT
ajfa-1990	308	1	journal	journal	NOUN
ajfa-1990	308	2	of	of	ADP
ajfa-1990	308	3	business	business	NOUN
ajfa-1990	308	4	,	,	PUNCT
ajfa-1990	308	5	59	59	NUM
ajfa-1990	308	6	,	,	PUNCT
ajfa-1990	308	7	319–330	319–330	NUM
ajfa-1990	308	8	.	.	PUNCT
ajfa-1990	309	1	http://dx.doi.org/10.1086/296330	http://dx.doi.org/10.1086/296330	PROPN
ajfa-1990	309	2	gulen	gulen	PROPN
ajfa-1990	309	3	,	,	PUNCT
ajfa-1990	309	4	h.	h.	PROPN
ajfa-1990	309	5	,	,	PUNCT
ajfa-1990	309	6	&	&	CCONJ
ajfa-1990	309	7	mayhew	mayhew	PROPN
ajfa-1990	309	8	,	,	PUNCT
ajfa-1990	309	9	s.	s.	PROPN
ajfa-1990	309	10	(	(	PUNCT
ajfa-1990	309	11	2000	2000	NUM
ajfa-1990	309	12	)	)	PUNCT
ajfa-1990	309	13	.	.	PUNCT
ajfa-1990	310	1	stock	stock	NOUN
ajfa-1990	310	2	index	index	PROPN
ajfa-1990	310	3	futures	future	NOUN
ajfa-1990	310	4	trading	trading	NOUN
ajfa-1990	310	5	and	and	CCONJ
ajfa-1990	310	6	volatility	volatility	NOUN
ajfa-1990	310	7	in	in	ADP
ajfa-1990	310	8	international	international	ADJ
ajfa-1990	310	9	equity	equity	NOUN
ajfa-1990	310	10	markets	market	NOUN
ajfa-1990	310	11	.	.	PUNCT
ajfa-1990	311	1	the	the	DET
ajfa-1990	311	2	journal	journal	PROPN
ajfa-1990	311	3	of	of	ADP
ajfa-1990	311	4	futures	future	NOUN
ajfa-1990	311	5	markets	market	NOUN
ajfa-1990	311	6	,	,	PUNCT
ajfa-1990	311	7	20	20	NUM
ajfa-1990	311	8	,	,	PUNCT
ajfa-1990	311	9	661	661	NUM
ajfa-1990	311	10	-	-	SYM
ajfa-1990	311	11	685	685	NUM
ajfa-1990	311	12	.	.	PUNCT
ajfa-1990	312	1	http://dx.doi.org/10.1002/1096-9934(200008)20:7<661::aid-fut3>3.0.co;2-r	http://dx.doi.org/10.1002/1096-9934(200008)20:7<661::aid-fut3>3.0.co;2-r	PROPN
ajfa-1990	312	2	harris	harris	PROPN
ajfa-1990	312	3	,	,	PUNCT
ajfa-1990	312	4	l.	l.	PROPN
ajfa-1990	312	5	(	(	PUNCT
ajfa-1990	312	6	1989	1989	NUM
ajfa-1990	312	7	)	)	PUNCT
ajfa-1990	312	8	.	.	PUNCT
ajfa-1990	313	1	s&p	s&p	PROPN
ajfa-1990	313	2	500	500	NUM
ajfa-1990	313	3	cash	cash	NOUN
ajfa-1990	313	4	stock	stock	NOUN
ajfa-1990	313	5	price	price	NOUN
ajfa-1990	313	6	volatilities	volatility	NOUN
ajfa-1990	313	7	.	.	PUNCT
ajfa-1990	314	1	journal	journal	PROPN
ajfa-1990	314	2	of	of	ADP
ajfa-1990	314	3	finance	finance	NOUN
ajfa-1990	314	4	,	,	PUNCT
ajfa-1990	314	5	44	44	NUM
ajfa-1990	314	6	,	,	PUNCT
ajfa-1990	314	7	1155	1155	NUM
ajfa-1990	314	8	-	-	SYM
ajfa-1990	314	9	1175	1175	NUM
ajfa-1990	314	10	.	.	PUNCT
ajfa-1990	315	1	http://dx.doi.org/10.1111/j.1540-6261.1989.tb02648.x	http://dx.doi.org/10.1111/j.1540-6261.1989.tb02648.x	PROPN
ajfa-1990	315	2	kamara	kamara	PROPN
ajfa-1990	315	3	,	,	PUNCT
ajfa-1990	315	4	a.	a.	NOUN
ajfa-1990	315	5	(	(	PUNCT
ajfa-1990	315	6	1982	1982	NUM
ajfa-1990	315	7	)	)	PUNCT
ajfa-1990	315	8	,	,	PUNCT
ajfa-1990	315	9	issues	issue	NOUN
ajfa-1990	315	10	in	in	ADP
ajfa-1990	315	11	futures	future	NOUN
ajfa-1990	315	12	markets	market	NOUN
ajfa-1990	315	13	:	:	PUNCT
ajfa-1990	315	14	a	a	DET
ajfa-1990	315	15	survey	survey	NOUN
ajfa-1990	315	16	.	.	PUNCT
ajfa-1990	316	1	journal	journal	PROPN
ajfa-1990	316	2	of	of	ADP
ajfa-1990	316	3	futures	future	NOUN
ajfa-1990	316	4	markets	market	NOUN
ajfa-1990	316	5	,	,	PUNCT
ajfa-1990	316	6	2	2	NUM
ajfa-1990	316	7	,	,	PUNCT
ajfa-1990	316	8	261	261	NUM
ajfa-1990	316	9	-	-	SYM
ajfa-1990	316	10	94	94	NUM
ajfa-1990	316	11	.	.	PUNCT
ajfa-1990	317	1	http://dx.doi.org/10.1002/fut.3990020306	http://dx.doi.org/10.1002/fut.3990020306	PROPN
ajfa-1990	318	1	kim	kim	PROPN
ajfa-1990	318	2	,	,	PUNCT
ajfa-1990	318	3	j.	j.	PROPN
ajfa-1990	318	4	(	(	PUNCT
ajfa-1990	318	5	2005	2005	NUM
ajfa-1990	318	6	)	)	PUNCT
ajfa-1990	318	7	.	.	PUNCT
ajfa-1990	319	1	an	an	DET
ajfa-1990	319	2	investigation	investigation	NOUN
ajfa-1990	319	3	of	of	ADP
ajfa-1990	319	4	the	the	DET
ajfa-1990	319	5	relationship	relationship	NOUN
ajfa-1990	319	6	between	between	ADP
ajfa-1990	319	7	bond	bond	NOUN
ajfa-1990	319	8	market	market	NOUN
ajfa-1990	319	9	volatility	volatility	NOUN
ajfa-1990	319	10	and	and	CCONJ
ajfa-1990	319	11	trading	trading	NOUN
ajfa-1990	319	12	activities	activity	NOUN
ajfa-1990	319	13	:	:	PUNCT
ajfa-1990	319	14	korea	korea	PROPN
ajfa-1990	319	15	treasury	treasury	PROPN
ajfa-1990	319	16	bond	bond	PROPN
ajfa-1990	319	17	futures	future	NOUN
ajfa-1990	319	18	market	market	NOUN
ajfa-1990	319	19	.	.	PUNCT
ajfa-1990	320	1	applied	apply	VERB
ajfa-1990	320	2	financial	financial	ADJ
ajfa-1990	320	3	economics	economic	NOUN
ajfa-1990	320	4	letters	letter	NOUN
ajfa-1990	320	5	,	,	PUNCT
ajfa-1990	320	6	1	1	NUM
ajfa-1990	320	7	,	,	PUNCT
ajfa-1990	320	8	25–29	25–29	NUM
ajfa-1990	320	9	.	.	PUNCT
ajfa-1990	321	1	http://dx.doi.org/10.1080/1744654042000306004	http://dx.doi.org/10.1080/1744654042000306004	PROPN
ajfa-1990	321	2	kim	kim	PROPN
ajfa-1990	321	3	,	,	PUNCT
ajfa-1990	321	4	m.	m.	NOUN
ajfa-1990	321	5	,	,	PUNCT
ajfa-1990	321	6	kim	kim	PROPN
ajfa-1990	321	7	,	,	PUNCT
ajfa-1990	321	8	g.	g.	PROPN
ajfa-1990	321	9	r.	r.	PROPN
ajfa-1990	321	10	,	,	PUNCT
ajfa-1990	321	11	&	&	CCONJ
ajfa-1990	321	12	kim	kim	PROPN
ajfa-1990	321	13	,	,	PUNCT
ajfa-1990	321	14	m.	m.	NOUN
ajfa-1990	321	15	(	(	PUNCT
ajfa-1990	321	16	2004	2004	NUM
ajfa-1990	321	17	)	)	PUNCT
ajfa-1990	321	18	.	.	PUNCT
ajfa-1990	322	1	stock	stock	NOUN
ajfa-1990	322	2	market	market	NOUN
ajfa-1990	322	3	volatility	volatility	NOUN
ajfa-1990	322	4	and	and	CCONJ
ajfa-1990	322	5	trading	trading	NOUN
ajfa-1990	322	6	activities	activity	NOUN
ajfa-1990	322	7	in	in	ADP
ajfa-1990	322	8	the	the	DET
ajfa-1990	322	9	kospi	kospi	NOUN
ajfa-1990	322	10	200	200	NUM
ajfa-1990	322	11	derivatives	derivative	NOUN
ajfa-1990	322	12	markets	market	NOUN
ajfa-1990	322	13	.	.	PUNCT
ajfa-1990	323	1	applied	apply	VERB
ajfa-1990	323	2	economics	economic	NOUN
ajfa-1990	323	3	letters	letter	NOUN
ajfa-1990	323	4	,	,	PUNCT
ajfa-1990	323	5	11	11	NUM
ajfa-1990	323	6	,	,	PUNCT
ajfa-1990	323	7	49	49	NUM
ajfa-1990	323	8	-	-	SYM
ajfa-1990	323	9	53	53	NUM
ajfa-1990	323	10	.	.	PUNCT
ajfa-1990	324	1	http://dx.doi.org/10.1080/1350485042000187462	http://dx.doi.org/10.1080/1350485042000187462	PROPN
ajfa-1990	324	2	kyle	kyle	PROPN
ajfa-1990	324	3	,	,	PUNCT
ajfa-1990	324	4	a.	a.	PROPN
ajfa-1990	324	5	s.	s.	PROPN
ajfa-1990	324	6	(	(	PUNCT
ajfa-1990	324	7	1985	1985	NUM
ajfa-1990	324	8	)	)	PUNCT
ajfa-1990	324	9	.	.	PUNCT
ajfa-1990	325	1	continuous	continuous	ADJ
ajfa-1990	325	2	auctions	auction	NOUN
ajfa-1990	325	3	and	and	CCONJ
ajfa-1990	325	4	insider	insider	NOUN
ajfa-1990	325	5	trading	trading	NOUN
ajfa-1990	325	6	.	.	PUNCT
ajfa-1990	326	1	econometrica	econometrica	PROPN
ajfa-1990	326	2	,	,	PUNCT
ajfa-1990	326	3	53	53	NUM
ajfa-1990	326	4	,	,	PUNCT
ajfa-1990	326	5	1315	1315	NUM
ajfa-1990	326	6	-	-	SYM
ajfa-1990	326	7	1335	1335	NUM
ajfa-1990	326	8	.	.	PUNCT
ajfa-1990	327	1	http://dx.doi.org/10.2307/1913210	http://dx.doi.org/10.2307/1913210	PROPN
ajfa-1990	327	2	asian	asian	PROPN
ajfa-1990	327	3	journal	journal	PROPN
ajfa-1990	327	4	of	of	ADP
ajfa-1990	327	5	finance	finance	PROPN
ajfa-1990	327	6	&	&	CCONJ
ajfa-1990	327	7	accounting	accounting	PROPN
ajfa-1990	327	8	issn	issn	PROPN
ajfa-1990	327	9	1946	1946	NUM
ajfa-1990	327	10	-	-	PUNCT
ajfa-1990	327	11	052x	052x	NOUN
ajfa-1990	327	12	2012	2012	NUM
ajfa-1990	327	13	,	,	PUNCT
ajfa-1990	327	14	vol	vol	NOUN
ajfa-1990	327	15	.	.	PROPN
ajfa-1990	327	16	4	4	NUM
ajfa-1990	327	17	,	,	PUNCT
ajfa-1990	327	18	no	no	INTJ
ajfa-1990	327	19	.	.	NOUN
ajfa-1990	327	20	2	2	NUM
ajfa-1990	327	21	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-1990	327	22	216	216	NUM
ajfa-1990	327	23	kyriacou	kyriacou	NOUN
ajfa-1990	327	24	,	,	PUNCT
ajfa-1990	327	25	k.	k.	PROPN
ajfa-1990	327	26	,	,	PUNCT
ajfa-1990	327	27	&	&	CCONJ
ajfa-1990	327	28	sarno	sarno	PROPN
ajfa-1990	327	29	,	,	PUNCT
ajfa-1990	327	30	l.	l.	PROPN
ajfa-1990	327	31	(	(	PUNCT
ajfa-1990	327	32	1999	1999	NUM
ajfa-1990	327	33	)	)	PUNCT
ajfa-1990	327	34	.	.	PUNCT
ajfa-1990	328	1	the	the	DET
ajfa-1990	328	2	temporal	temporal	ADJ
ajfa-1990	328	3	relationship	relationship	NOUN
ajfa-1990	328	4	between	between	ADP
ajfa-1990	328	5	derivatives	derivative	NOUN
ajfa-1990	328	6	trading	trading	NOUN
ajfa-1990	328	7	and	and	CCONJ
ajfa-1990	328	8	spot	spot	NOUN
ajfa-1990	328	9	market	market	NOUN
ajfa-1990	328	10	volatility	volatility	NOUN
ajfa-1990	328	11	in	in	ADP
ajfa-1990	328	12	the	the	DET
ajfa-1990	328	13	uk	uk	PROPN
ajfa-1990	328	14	:	:	PUNCT
ajfa-1990	328	15	empirical	empirical	ADJ
ajfa-1990	328	16	analysis	analysis	NOUN
ajfa-1990	328	17	and	and	CCONJ
ajfa-1990	328	18	monte	monte	PROPN
ajfa-1990	328	19	carlo	carlo	PROPN
ajfa-1990	328	20	evidence	evidence	NOUN
ajfa-1990	328	21	.	.	PUNCT
ajfa-1990	329	1	journal	journal	PROPN
ajfa-1990	329	2	of	of	ADP
ajfa-1990	329	3	futures	future	NOUN
ajfa-1990	329	4	markets	market	NOUN
ajfa-1990	329	5	,	,	PUNCT
ajfa-1990	329	6	19	19	NUM
ajfa-1990	329	7	,	,	PUNCT
ajfa-1990	329	8	245	245	NUM
ajfa-1990	329	9	-	-	SYM
ajfa-1990	329	10	270	270	NUM
ajfa-1990	329	11	.	.	PUNCT
ajfa-1990	330	1	http://dx.doi.org/10.1002/(sici)1096-9934(199905)19:3<245::aid-fut1>3.0.co;2-j	http://dx.doi.org/10.1002/(sici)1096-9934(199905)19:3<245::aid-fut1>3.0.co;2-j	PROPN
ajfa-1990	330	2	lamoureux	lamoureux	PROPN
ajfa-1990	330	3	,	,	PUNCT
ajfa-1990	330	4	c.g	c.g	PROPN
ajfa-1990	330	5	.	.	PROPN
ajfa-1990	330	6	,	,	PUNCT
ajfa-1990	330	7	&	&	CCONJ
ajfa-1990	330	8	lastrapes	lastrapes	PROPN
ajfa-1990	330	9	,	,	PUNCT
ajfa-1990	330	10	w.d	w.d	PROPN
ajfa-1990	330	11	.	.	PROPN
ajfa-1990	330	12	(	(	PUNCT
ajfa-1990	330	13	1990	1990	NUM
ajfa-1990	330	14	)	)	PUNCT
ajfa-1990	330	15	.	.	PUNCT
ajfa-1990	331	1	heteroskedasticity	heteroskedasticity	NOUN
ajfa-1990	331	2	in	in	ADP
ajfa-1990	331	3	stock	stock	NOUN
ajfa-1990	331	4	return	return	NOUN
ajfa-1990	331	5	data	datum	NOUN
ajfa-1990	331	6	:	:	PUNCT
ajfa-1990	331	7	volume	volume	NOUN
ajfa-1990	331	8	versus	versus	ADP
ajfa-1990	331	9	garch	garch	NOUN
ajfa-1990	331	10	effects	effect	NOUN
ajfa-1990	331	11	.	.	PUNCT
ajfa-1990	332	1	journal	journal	PROPN
ajfa-1990	332	2	of	of	ADP
ajfa-1990	332	3	finance	finance	NOUN
ajfa-1990	332	4	,	,	PUNCT
ajfa-1990	332	5	45	45	NUM
ajfa-1990	332	6	,	,	PUNCT
ajfa-1990	332	7	221	221	NUM
ajfa-1990	332	8	-	-	SYM
ajfa-1990	332	9	229	229	NUM
ajfa-1990	332	10	.	.	PUNCT
ajfa-1990	333	1	http://dx.doi.org/10.1111/j.1540-6261.1990.tb05088.x	http://dx.doi.org/10.1111/j.1540-6261.1990.tb05088.x	PROPN
ajfa-1990	333	2	lee	lee	PROPN
ajfa-1990	333	3	,	,	PUNCT
ajfa-1990	333	4	s.	s.	PROPN
ajfa-1990	333	5	b.	b.	PROPN
ajfa-1990	333	6	,	,	PUNCT
ajfa-1990	333	7	&	&	CCONJ
ajfa-1990	333	8	ohk	ohk	PROPN
ajfa-1990	333	9	,	,	PUNCT
ajfa-1990	333	10	k.	k.	PROPN
ajfa-1990	333	11	y.	y.	PROPN
ajfa-1990	333	12	(	(	PUNCT
ajfa-1990	333	13	1992	1992	NUM
ajfa-1990	333	14	)	)	PUNCT
ajfa-1990	333	15	.	.	PUNCT
ajfa-1990	334	1	stock	stock	NOUN
ajfa-1990	334	2	index	index	NOUN
ajfa-1990	334	3	futures	future	NOUN
ajfa-1990	334	4	listing	list	VERB
ajfa-1990	334	5	;	;	PUNCT
ajfa-1990	334	6	and	and	CCONJ
ajfa-1990	334	7	structural	structural	ADJ
ajfa-1990	334	8	changes	change	NOUN
ajfa-1990	334	9	in	in	ADP
ajfa-1990	334	10	time	time	NOUN
ajfa-1990	334	11	-	-	PUNCT
ajfa-1990	334	12	varying	vary	VERB
ajfa-1990	334	13	volatility	volatility	NOUN
ajfa-1990	334	14	.	.	PUNCT
ajfa-1990	335	1	journal	journal	PROPN
ajfa-1990	335	2	of	of	ADP
ajfa-1990	335	3	futures	future	NOUN
ajfa-1990	335	4	.markets	.market	NOUN
ajfa-1990	335	5	,	,	PUNCT
ajfa-1990	335	6	12.493	12.493	NUM
ajfa-1990	335	7	-	-	SYM
ajfa-1990	335	8	509	509	NUM
ajfa-1990	335	9	.	.	PUNCT
ajfa-1990	336	1	lockwood	lockwood	PROPN
ajfa-1990	336	2	,	,	PUNCT
ajfa-1990	336	3	l.	l.	PROPN
ajfa-1990	336	4	l.	l.	PROPN
ajfa-1990	336	5	,	,	PUNCT
ajfa-1990	336	6	&	&	CCONJ
ajfa-1990	336	7	linn	linn	PROPN
ajfa-1990	336	8	,	,	PUNCT
ajfa-1990	336	9	s.	s.	PROPN
ajfa-1990	336	10	c.	c.	PROPN
ajfa-1990	336	11	(	(	PUNCT
ajfa-1990	336	12	1990	1990	NUM
ajfa-1990	336	13	)	)	PUNCT
ajfa-1990	336	14	.	.	PUNCT
ajfa-1990	337	1	an	an	DET
ajfa-1990	337	2	examination	examination	NOUN
ajfa-1990	337	3	of	of	ADP
ajfa-1990	337	4	stock	stock	NOUN
ajfa-1990	337	5	market	market	NOUN
ajfa-1990	337	6	return	return	NOUN
ajfa-1990	337	7	volatility	volatility	NOUN
ajfa-1990	337	8	during	during	ADP
ajfa-1990	337	9	overnight	overnight	ADJ
ajfa-1990	337	10	and	and	CCONJ
ajfa-1990	337	11	intraday	intraday	NOUN
ajfa-1990	337	12	periods	period	NOUN
ajfa-1990	337	13	1964–1989	1964–1989	NUM
ajfa-1990	337	14	.	.	PUNCT
ajfa-1990	338	1	journal	journal	PROPN
ajfa-1990	338	2	of	of	ADP
ajfa-1990	338	3	finance	finance	NOUN
ajfa-1990	338	4	,	,	PUNCT
ajfa-1990	338	5	45	45	NUM
ajfa-1990	338	6	,	,	PUNCT
ajfa-1990	338	7	591	591	NUM
ajfa-1990	338	8	-	-	SYM
ajfa-1990	338	9	601	601	NUM
ajfa-1990	338	10	.	.	PUNCT
ajfa-1990	339	1	http://dx.doi.org/10.2307/2328672	http://dx.doi.org/10.2307/2328672	PROPN
ajfa-1990	339	2	mccarthy	mccarthy	PROPN
ajfa-1990	339	3	,	,	PUNCT
ajfa-1990	339	4	j.	j.	PROPN
ajfa-1990	339	5	,	,	PUNCT
ajfa-1990	339	6	&	&	CCONJ
ajfa-1990	339	7	najand	najand	PROPN
ajfa-1990	339	8	,	,	PUNCT
ajfa-1990	339	9	m.	m.	NOUN
ajfa-1990	339	10	(	(	PUNCT
ajfa-1990	339	11	1993	1993	NUM
ajfa-1990	339	12	)	)	PUNCT
ajfa-1990	339	13	.	.	PUNCT
ajfa-1990	340	1	state	state	NOUN
ajfa-1990	340	2	space	space	NOUN
ajfa-1990	340	3	modeling	modeling	NOUN
ajfa-1990	340	4	of	of	ADP
ajfa-1990	340	5	price	price	NOUN
ajfa-1990	340	6	and	and	CCONJ
ajfa-1990	340	7	volume	volume	NOUN
ajfa-1990	340	8	dependence	dependence	NOUN
ajfa-1990	340	9	:	:	PUNCT
ajfa-1990	340	10	evidence	evidence	NOUN
ajfa-1990	340	11	from	from	ADP
ajfa-1990	340	12	currency	currency	NOUN
ajfa-1990	340	13	futures	future	NOUN
ajfa-1990	340	14	.	.	PUNCT
ajfa-1990	341	1	the	the	DET
ajfa-1990	341	2	journal	journal	PROPN
ajfa-1990	341	3	of	of	ADP
ajfa-1990	341	4	futures	future	NOUN
ajfa-1990	341	5	markets	market	NOUN
ajfa-1990	341	6	,	,	PUNCT
ajfa-1990	341	7	13	13	NUM
ajfa-1990	341	8	,	,	PUNCT
ajfa-1990	341	9	335	335	NUM
ajfa-1990	341	10	-	-	SYM
ajfa-1990	341	11	344	344	NUM
ajfa-1990	341	12	.	.	PUNCT
ajfa-1990	342	1	http://dx.doi.org/10.1002/fut.3990130402	http://dx.doi.org/10.1002/fut.3990130402	PROPN
ajfa-1990	342	2	morgan	morgan	PROPN
ajfa-1990	342	3	c.w	c.w	PROPN
ajfa-1990	342	4	.	.	PROPN
ajfa-1990	342	5	(	(	PUNCT
ajfa-1990	342	6	1999	1999	NUM
ajfa-1990	342	7	)	)	PUNCT
ajfa-1990	342	8	.	.	PUNCT
ajfa-1990	343	1	futures	future	NOUN
ajfa-1990	343	2	markets	market	NOUN
ajfa-1990	343	3	and	and	CCONJ
ajfa-1990	343	4	spot	spot	NOUN
ajfa-1990	343	5	price	price	NOUN
ajfa-1990	343	6	volatility	volatility	NOUN
ajfa-1990	343	7	:	:	PUNCT
ajfa-1990	343	8	a	a	DET
ajfa-1990	343	9	case	case	NOUN
ajfa-1990	343	10	study	study	NOUN
ajfa-1990	343	11	.	.	PUNCT
ajfa-1990	344	1	journal	journal	NOUN
ajfa-1990	344	2	of	of	ADP
ajfa-1990	344	3	agricultural	agricultural	ADJ
ajfa-1990	344	4	economics	economic	NOUN
ajfa-1990	344	5	,	,	PUNCT
ajfa-1990	344	6	50	50	NUM
ajfa-1990	344	7	,	,	PUNCT
ajfa-1990	344	8	247	247	NUM
ajfa-1990	344	9	-	-	SYM
ajfa-1990	344	10	57	57	NUM
ajfa-1990	344	11	.	.	PUNCT
ajfa-1990	345	1	http://dx.doi.org/10.1111/j.1477-9552.1999.tb00811.x	http://dx.doi.org/10.1111/j.1477-9552.1999.tb00811.x	PROPN
ajfa-1990	345	2	pashigian	pashigian	PROPN
ajfa-1990	345	3	,	,	PUNCT
ajfa-1990	345	4	b.p	b.p	PROPN
ajfa-1990	345	5	.	.	PROPN
ajfa-1990	345	6	(	(	PUNCT
ajfa-1990	345	7	1986	1986	NUM
ajfa-1990	345	8	)	)	PUNCT
ajfa-1990	345	9	.	.	PUNCT
ajfa-1990	346	1	the	the	DET
ajfa-1990	346	2	political	political	ADJ
ajfa-1990	346	3	economy	economy	NOUN
ajfa-1990	346	4	of	of	ADP
ajfa-1990	346	5	futures	future	NOUN
ajfa-1990	346	6	market	market	NOUN
ajfa-1990	346	7	regulation	regulation	NOUN
ajfa-1990	346	8	.	.	PUNCT
ajfa-1990	347	1	journal	journal	PROPN
ajfa-1990	347	2	of	of	ADP
ajfa-1990	347	3	business	business	NOUN
ajfa-1990	347	4	,	,	PUNCT
ajfa-1990	347	5	59	59	NUM
ajfa-1990	347	6	,	,	PUNCT
ajfa-1990	347	7	55	55	NUM
ajfa-1990	347	8	-	-	SYM
ajfa-1990	347	9	84	84	NUM
ajfa-1990	347	10	.	.	PUNCT
ajfa-1990	348	1	http://dx.doi.org/10.1086/296339	http://dx.doi.org/10.1086/296339	PROPN
ajfa-1990	348	2	santoni	santoni	PROPN
ajfa-1990	348	3	,	,	PUNCT
ajfa-1990	348	4	g.	g.	PROPN
ajfa-1990	348	5	j.	j.	PROPN
ajfa-1990	348	6	(	(	PUNCT
ajfa-1990	348	7	1987	1987	NUM
ajfa-1990	348	8	)	)	PUNCT
ajfa-1990	348	9	.	.	PUNCT
ajfa-1990	349	1	has	have	AUX
ajfa-1990	349	2	programmed	program	VERB
ajfa-1990	349	3	trading	trading	NOUN
ajfa-1990	349	4	made	make	VERB
ajfa-1990	349	5	stock	stock	NOUN
ajfa-1990	349	6	prices	price	NOUN
ajfa-1990	349	7	more	more	ADV
ajfa-1990	349	8	volatile	volatile	ADJ
ajfa-1990	349	9	?	?	PUNCT
ajfa-1990	350	1	federal	federal	PROPN
ajfa-1990	350	2	reserve	reserve	PROPN
ajfa-1990	350	3	bank	bank	PROPN
ajfa-1990	350	4	of	of	ADP
ajfa-1990	350	5	st	st	PROPN
ajfa-1990	350	6	.	.	PROPN
ajfa-1990	350	7	louis	louis	PROPN
ajfa-1990	350	8	review	review	PROPN
ajfa-1990	350	9	,	,	PUNCT
ajfa-1990	350	10	18	18	NUM
ajfa-1990	350	11	-	-	SYM
ajfa-1990	350	12	29	29	NUM
ajfa-1990	350	13	.	.	PUNCT
ajfa-1990	351	1	sarwar	sarwar	PROPN
ajfa-1990	351	2	,	,	PUNCT
ajfa-1990	351	3	g.	g.	PROPN
ajfa-1990	351	4	(	(	PUNCT
ajfa-1990	351	5	2003	2003	NUM
ajfa-1990	351	6	)	)	PUNCT
ajfa-1990	351	7	.	.	PUNCT
ajfa-1990	352	1	the	the	DET
ajfa-1990	352	2	interrelation	interrelation	NOUN
ajfa-1990	352	3	of	of	ADP
ajfa-1990	352	4	price	price	NOUN
ajfa-1990	352	5	volatility	volatility	NOUN
ajfa-1990	352	6	and	and	CCONJ
ajfa-1990	352	7	trading	trading	NOUN
ajfa-1990	352	8	volume	volume	NOUN
ajfa-1990	352	9	of	of	ADP
ajfa-1990	352	10	currency	currency	NOUN
ajfa-1990	352	11	options	option	NOUN
ajfa-1990	352	12	.	.	PUNCT
ajfa-1990	353	1	the	the	DET
ajfa-1990	353	2	journal	journal	PROPN
ajfa-1990	353	3	of	of	ADP
ajfa-1990	353	4	futures	future	NOUN
ajfa-1990	353	5	markets	market	NOUN
ajfa-1990	353	6	,	,	PUNCT
ajfa-1990	353	7	23	23	NUM
ajfa-1990	353	8	,	,	PUNCT
ajfa-1990	353	9	681–700	681–700	NUM
ajfa-1990	353	10	.	.	PUNCT
ajfa-1990	354	1	http://dx.doi.org/10.1002/fut.10078	http://dx.doi.org/10.1002/fut.10078	PROPN
ajfa-1990	354	2	schwert	schwert	PROPN
ajfa-1990	354	3	,	,	PUNCT
ajfa-1990	354	4	g.	g.	PROPN
ajfa-1990	354	5	w.	w.	PROPN
ajfa-1990	354	6	(	(	PUNCT
ajfa-1990	354	7	1990	1990	NUM
ajfa-1990	354	8	)	)	PUNCT
ajfa-1990	354	9	.	.	PUNCT
ajfa-1990	355	1	stock	stock	NOUN
ajfa-1990	355	2	market	market	NOUN
ajfa-1990	355	3	volatility	volatility	NOUN
ajfa-1990	355	4	.	.	PUNCT
ajfa-1990	356	1	financial	financial	ADJ
ajfa-1990	356	2	analysts	analyst	NOUN
ajfa-1990	356	3	journal	journal	NOUN
ajfa-1990	356	4	,	,	PUNCT
ajfa-1990	356	5	46	46	NUM
ajfa-1990	356	6	,	,	PUNCT
ajfa-1990	356	7	23	23	NUM
ajfa-1990	356	8	-	-	SYM
ajfa-1990	356	9	34	34	NUM
ajfa-1990	356	10	.	.	PUNCT
ajfa-1990	357	1	http://dx.doi.org/10.2469/faj.v46.n3.23	http://dx.doi.org/10.2469/faj.v46.n3.23	PROPN
ajfa-1990	357	2	sen	sen	PROPN
ajfa-1990	357	3	,	,	PUNCT
ajfa-1990	357	4	s.	s.	PROPN
ajfa-1990	357	5	and	and	CCONJ
ajfa-1990	357	6	paul	paul	PROPN
ajfa-1990	357	7	,	,	PUNCT
ajfa-1990	357	8	m.	m.	NOUN
ajfa-1990	357	9	(	(	PUNCT
ajfa-1990	357	10	2010	2010	NUM
ajfa-1990	357	11	)	)	PUNCT
ajfa-1990	357	12	.	.	PUNCT
ajfa-1990	358	1	trading	trading	NOUN
ajfa-1990	358	2	in	in	ADP
ajfa-1990	358	3	india	india	PROPN
ajfa-1990	358	4	’s	’s	PART
ajfa-1990	358	5	commodity	commodity	NOUN
ajfa-1990	358	6	future	future	ADJ
ajfa-1990	358	7	markets	market	NOUN
ajfa-1990	358	8	;	;	PUNCT
ajfa-1990	358	9	working	work	VERB
ajfa-1990	358	10	paper	paper	NOUN
ajfa-1990	358	11	,	,	PUNCT
ajfa-1990	358	12	institute	institute	NOUN
ajfa-1990	358	13	for	for	ADP
ajfa-1990	358	14	studies	study	NOUN
ajfa-1990	358	15	in	in	ADP
ajfa-1990	358	16	industrial	industrial	ADJ
ajfa-1990	358	17	development	development	NOUN
ajfa-1990	358	18	sims	sim	NOUN
ajfa-1990	358	19	,	,	PUNCT
ajfa-1990	358	20	c.	c.	PROPN
ajfa-1990	358	21	(	(	PUNCT
ajfa-1990	358	22	1972	1972	NUM
ajfa-1990	358	23	)	)	PUNCT
ajfa-1990	358	24	,	,	PUNCT
ajfa-1990	358	25	money	money	NOUN
ajfa-1990	358	26	,	,	PUNCT
ajfa-1990	358	27	income	income	NOUN
ajfa-1990	358	28	,	,	PUNCT
ajfa-1990	358	29	and	and	CCONJ
ajfa-1990	358	30	causality	causality	NOUN
ajfa-1990	358	31	.	.	PUNCT
ajfa-1990	359	1	american	american	PROPN
ajfa-1990	359	2	economic	economic	PROPN
ajfa-1990	359	3	review	review	PROPN
ajfa-1990	359	4	,	,	PUNCT
ajfa-1990	359	5	62	62	NUM
ajfa-1990	359	6	,	,	PUNCT
ajfa-1990	359	7	540	540	NUM
ajfa-1990	359	8	-	-	SYM
ajfa-1990	359	9	52	52	NUM
ajfa-1990	359	10	.	.	PUNCT
ajfa-1990	360	1	sims	sim	NOUN
ajfa-1990	360	2	,	,	PUNCT
ajfa-1990	360	3	c.	c.	PROPN
ajfa-1990	360	4	(	(	PUNCT
ajfa-1990	360	5	1980	1980	NUM
ajfa-1990	360	6	)	)	PUNCT
ajfa-1990	360	7	,	,	PUNCT
ajfa-1990	360	8	macroeconomics	macroeconomic	NOUN
ajfa-1990	360	9	and	and	CCONJ
ajfa-1990	360	10	reality	reality	NOUN
ajfa-1990	360	11	.	.	PUNCT
ajfa-1990	361	1	econometrica	econometrica	PROPN
ajfa-1990	361	2	,	,	PUNCT
ajfa-1990	361	3	48	48	NUM
ajfa-1990	361	4	,	,	PUNCT
ajfa-1990	361	5	1	1	NUM
ajfa-1990	361	6	-	-	SYM
ajfa-1990	361	7	48	48	NUM
ajfa-1990	361	8	.	.	PUNCT
ajfa-1990	362	1	http://dx.doi.org/10.2307/1912017	http://dx.doi.org/10.2307/1912017	PROPN
ajfa-1990	362	2	tomek	tomek	PROPN
ajfa-1990	362	3	,	,	PUNCT
ajfa-1990	362	4	w.	w.	PROPN
ajfa-1990	362	5	g.	g.	PROPN
ajfa-1990	362	6	(	(	PUNCT
ajfa-1990	362	7	1980	1980	NUM
ajfa-1990	362	8	)	)	PUNCT
ajfa-1990	362	9	.	.	PUNCT
ajfa-1990	363	1	price	price	NOUN
ajfa-1990	363	2	behavior	behavior	NOUN
ajfa-1990	363	3	on	on	ADP
ajfa-1990	363	4	a	a	DET
ajfa-1990	363	5	declining	decline	VERB
ajfa-1990	363	6	terminal	terminal	ADJ
ajfa-1990	363	7	market	market	NOUN
ajfa-1990	363	8	.	.	PUNCT
ajfa-1990	364	1	american	american	ADJ
ajfa-1990	364	2	journal	journal	PROPN
ajfa-1990	364	3	of	of	ADP
ajfa-1990	364	4	agricultural	agricultural	ADJ
ajfa-1990	364	5	economics	economic	NOUN
ajfa-1990	364	6	,	,	PUNCT
ajfa-1990	364	7	62	62	NUM
ajfa-1990	364	8	,	,	PUNCT
ajfa-1990	364	9	434	434	NUM
ajfa-1990	364	10	-	-	SYM
ajfa-1990	364	11	445	445	NUM
ajfa-1990	364	12	.	.	PUNCT
ajfa-1990	365	1	http://dx.doi.org/10.2307/1240198	http://dx.doi.org/10.2307/1240198	PROPN
ajfa-1990	365	2	tse	tse	PROPN
ajfa-1990	365	3	,	,	PUNCT
ajfa-1990	365	4	y.	y.	PROPN
ajfa-1990	365	5	(	(	PUNCT
ajfa-1990	365	6	1999	1999	NUM
ajfa-1990	365	7	)	)	PUNCT
ajfa-1990	365	8	.	.	PUNCT
ajfa-1990	366	1	price	price	NOUN
ajfa-1990	366	2	discovery	discovery	NOUN
ajfa-1990	366	3	and	and	CCONJ
ajfa-1990	366	4	volatility	volatility	NOUN
ajfa-1990	366	5	spillovers	spillover	NOUN
ajfa-1990	366	6	in	in	ADP
ajfa-1990	366	7	the	the	DET
ajfa-1990	366	8	djia	djia	PROPN
ajfa-1990	366	9	index	index	PROPN
ajfa-1990	366	10	and	and	CCONJ
ajfa-1990	366	11	futures	future	NOUN
ajfa-1990	366	12	market	market	NOUN
ajfa-1990	366	13	.	.	PUNCT
ajfa-1990	367	1	journal	journal	PROPN
ajfa-1990	367	2	of	of	ADP
ajfa-1990	367	3	futures	future	NOUN
ajfa-1990	367	4	markets	market	NOUN
ajfa-1990	367	5	,	,	PUNCT
ajfa-1990	367	6	19	19	NUM
ajfa-1990	367	7	,	,	PUNCT
ajfa-1990	367	8	911	911	NUM
ajfa-1990	367	9	-	-	SYM
ajfa-1990	367	10	930	930	NUM
ajfa-1990	367	11	.	.	PUNCT
ajfa-1990	368	1	http://dx.doi.org/10.1002/(sici)1096-9934(199912)19:8<911::aid-fut4>3.3.co;2-h	http://dx.doi.org/10.1002/(sici)1096-9934(199912)19:8<911::aid-fut4>3.3.co;2-h	PROPN
ajfa-1990	368	2	asian	asian	PROPN
ajfa-1990	368	3	journal	journal	PROPN
ajfa-1990	368	4	of	of	ADP
ajfa-1990	368	5	finance	finance	PROPN
ajfa-1990	368	6	&	&	CCONJ
ajfa-1990	368	7	accounting	accounting	PROPN
ajfa-1990	368	8	issn	issn	PROPN
ajfa-1990	368	9	1946	1946	NUM
ajfa-1990	368	10	-	-	PUNCT
ajfa-1990	368	11	052x	052x	NOUN
ajfa-1990	368	12	2012	2012	NUM
ajfa-1990	368	13	,	,	PUNCT
ajfa-1990	368	14	vol	vol	NOUN
ajfa-1990	368	15	.	.	PROPN
ajfa-1990	368	16	4	4	NUM
ajfa-1990	368	17	,	,	PUNCT
ajfa-1990	368	18	no	no	INTJ
ajfa-1990	368	19	.	.	NOUN
ajfa-1990	368	20	2	2	NUM
ajfa-1990	368	21	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-1990	368	22	217	217	NUM
ajfa-1990	368	23	weaver	weaver	NOUN
ajfa-1990	368	24	,	,	PUNCT
ajfa-1990	368	25	r.d	r.d	PROPN
ajfa-1990	368	26	.	.	PROPN
ajfa-1990	368	27	,	,	PUNCT
ajfa-1990	368	28	&	&	CCONJ
ajfa-1990	368	29	a.	a.	PROPN
ajfa-1990	368	30	banerjee	banerjee	PROPN
ajfa-1990	368	31	(	(	PUNCT
ajfa-1990	368	32	1990	1990	NUM
ajfa-1990	368	33	)	)	PUNCT
ajfa-1990	368	34	.	.	PUNCT
ajfa-1990	369	1	does	do	AUX
ajfa-1990	369	2	futures	future	NOUN
ajfa-1990	369	3	trading	trading	NOUN
ajfa-1990	369	4	destabilize	destabilize	VERB
ajfa-1990	369	5	cash	cash	NOUN
ajfa-1990	369	6	prices	price	NOUN
ajfa-1990	369	7	?	?	PUNCT
ajfa-1990	370	1	evidence	evidence	NOUN
ajfa-1990	370	2	for	for	ADP
ajfa-1990	370	3	u.s	u.s	PROPN
ajfa-1990	370	4	.	.	PROPN
ajfa-1990	370	5	live	live	ADJ
ajfa-1990	370	6	beef	beef	NOUN
ajfa-1990	370	7	cattle	cattle	NOUN
ajfa-1990	370	8	.	.	PUNCT
ajfa-1990	371	1	journal	journal	PROPN
ajfa-1990	371	2	of	of	ADP
ajfa-1990	371	3	futures	future	NOUN
ajfa-1990	371	4	markets	market	NOUN
ajfa-1990	371	5	,	,	PUNCT
ajfa-1990	371	6	10	10	NUM
ajfa-1990	371	7	,	,	PUNCT
ajfa-1990	371	8	41	41	NUM
ajfa-1990	371	9	-	-	SYM
ajfa-1990	371	10	60	60	NUM
ajfa-1990	371	11	.	.	PUNCT
ajfa-1990	372	1	http://dx.doi.org/10.1002/fut.3990100105	http://dx.doi.org/10.1002/fut.3990100105	PROPN
ajfa-1990	372	2	yang	yang	PROPN
ajfa-1990	372	3	,	,	PUNCT
ajfa-1990	372	4	j.	j.	PROPN
ajfa-1990	372	5	,	,	PUNCT
ajfa-1990	372	6	balyeat	balyeat	PROPN
ajfa-1990	372	7	,	,	PUNCT
ajfa-1990	372	8	r.	r.	PROPN
ajfa-1990	372	9	b.	b.	PROPN
ajfa-1990	372	10	,	,	PUNCT
ajfa-1990	372	11	&	&	CCONJ
ajfa-1990	372	12	leatham	leatham	PROPN
ajfa-1990	372	13	,	,	PUNCT
ajfa-1990	372	14	d.	d.	PROPN
ajfa-1990	372	15	j.	j.	PROPN
ajfa-1990	372	16	(	(	PUNCT
ajfa-1990	372	17	2005	2005	NUM
ajfa-1990	372	18	)	)	PUNCT
ajfa-1990	372	19	.	.	PUNCT
ajfa-1990	373	1	futures	future	NOUN
ajfa-1990	373	2	trading	trading	NOUN
ajfa-1990	373	3	activity	activity	NOUN
ajfa-1990	373	4	and	and	CCONJ
ajfa-1990	373	5	commodity	commodity	NOUN
ajfa-1990	373	6	cash	cash	NOUN
ajfa-1990	373	7	price	price	NOUN
ajfa-1990	373	8	volatility	volatility	NOUN
ajfa-1990	373	9	.	.	PUNCT
ajfa-1990	374	1	journal	journal	NOUN
ajfa-1990	374	2	of	of	ADP
ajfa-1990	374	3	business	business	NOUN
ajfa-1990	374	4	finance	finance	PROPN
ajfa-1990	374	5	&	&	CCONJ
ajfa-1990	374	6	accounting	accounting	PROPN
ajfa-1990	374	7	,	,	PUNCT
ajfa-1990	374	8	32	32	NUM
ajfa-1990	374	9	,	,	PUNCT
ajfa-1990	374	10	297	297	NUM
ajfa-1990	374	11	-	-	SYM
ajfa-1990	374	12	323	323	NUM
ajfa-1990	374	13	.	.	PUNCT
ajfa-1990	375	1	http://dx.doi.org/10.1111/j.0306-686x.2005.00595.x	http://dx.doi.org/10.1111/j.0306-686x.2005.00595.x	NOUN