(CSV) of daily equity returns for future market-level volatility in Australia. Using a conditional volatility framework …

securities companies were the world’s largest; and its life and casualty insurance companies were likewise huge. Banks had ample … collapsed, as has one of the Big Four securities companies, and a mid-sized life insurance company. This is not only … Japanese banking industry, although the analysis applies in many respects to the securities and insurance industries as well …

structural changes in the tail dependences. We use data for the U.S., the U.K. and Australia for the period 1990-2010 as a basis …