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This paper studies inference for the realized Laplace transform (RLT) of volatility in a fixed-span setting using bootstrap methods. Specifically, since standard wild bootstrap procedures deliver inconsistent inference, we propose a local Gaussian (LG) bootstrap, establish its first-order...
Persistent link: https://www.econbiz.de/10014536973
The integration of information technologies with industry has marked the beginning of the fourth industrial revolution and promoted the development of industrial engineering. However, the depletion of resources and industrial waste caused by increasing amounts of industrial production pose a...
Persistent link: https://www.econbiz.de/10015060961