The effect of asymmetries on optimal hedge ratios

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The Asymmetric Effects of Uncertainty on Inflation and Output Growth (2004, methodology): “4 Brooks and Henry (2000) and Brooks et al. (2001) have used this model. 5 Kroner and Ng (1998) review the properties of many widely used multivariate GARCH models.”
Asymmetric Effect of Basis on Dynamic Futures Hedging: Empirical Evidence from Commodity Markets (2008, unknown): “It is often found that the dynamic MVHRs outperform those estimated from the regression models (Castelino (1990), Baillie and Myers (1991), Kroner and Sultan (1993), Park and Switzer (1995), Brooks et al. (2002), Lien et al. (2002), among many others).”
A bivariate Markov regime switching GARCH approach to estimate time varying minimum variance hedge ratios (2007, background): “…print/ISSN 1466–4283 online 2007 Taylor & Francis 1253 http://www.tandf.co.uk/journals DOI: 10.1080/00036840500438970 Aragó and Fernández, 2002; Brooks et al., 2002; Floros and Vougas, 2004) and commodity futures (Baillie and Myers, 1991; Myers, 1991; Bera et al., 1997; Lien et al., 2002;…”
Transmission of prices and price volatility in Australian electricity spot markets: A multivariate GARCH analysis: Discussion Paper No 114 (2002, unknown): “been used extensively in modelling financial time series [see, for instance, Dunne (1999), Tai (2000), Brooks et al. (2002) and Tse and Tsui (2002)], to the authors’ knowledge a detailed study of the application of MGARCH to electricity markets has not been undertaken.”