Shephard, Neil G.; Andersen, Torben - 2008
1471-0498
DEPARTMENT OF ECONOMICS
DISCUSSION PAPER SERIES
STOCHASTIC VOLATILITY …, Oxford OX1 3UQ
Stochastic Volatility: Origins and Overview∗
Neil Shephard
Oxford-Man Institute, University of Oxford …
1 Introduction
Stochastic volatility (SV) models are used heavily within the fields of financial economics and math …