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It will be soon ten years since the beginning of the process of profound economic transformation in almost about thirty countries arround the world which accepted the market orientation as an ultimate objective. Priority tasks in the past process of transition - liberalization and stabilization...
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For proper valuation of risk to which the portfolio of financial assets is exposed, it is necessary to forecast the … are heteroskedastic, i.e. their volatility is not constant in time For that reason the appropriate mathematical models …
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