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Euro area (Germany, France, Italy and Spain), the UK and the USA. The result are very different for the countries …
Persistent link: https://www.econbiz.de/10003485609
Persistent link: https://www.econbiz.de/10009231710
The analysis of diffusion processes in financial models is crucially dependent on the form of the drift and diffusion coefficient functions. A methodology is proposed for estimating and testing coefficient functions for ergodic diffusions that are not directly observable. It is based on...
Persistent link: https://www.econbiz.de/10009613611