Gürkaynak, Refet S.Wright, Jonathan H.2024-03-152024-03-152023-05-189781800375314https://hdl.handle.net/11693/114770We survey the history, market structure, pricing and usage of futures and options contracts. We focus in particular on their ability to provide high-frequency measures of expectations, uncertainty, higher moments, and investor risk aversion. Futures and options are a rich and growing treasure trove of information to academics and policymakers alike.en-USFuturesOptionsFinancial stabilityRisk aversionUncertaintyIdentificationBook Chapter10.4337/9781800375321.000329781800375321