Showing 1 - 3 of 3
Persistent link: https://www.econbiz.de/10010486646
Persistent link: https://www.econbiz.de/10010213177
We introduce a heterogeneous agent asset pricing model in continuous-time to show that trend chasing, switching and herding all contribute to market volatility in price and return and volatility clustering, but their impact are different. On the one hand, the fluctuations of market price and...
Persistent link: https://www.econbiz.de/10013058172