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Offshore wind power is regarded as a crucial renewable energy technology to achieve the ambitious CO2 reduction targets of the EU. However, offshore wind power is not yet competitive with traditional electricity generation technologies, so its sustained development depends on national support...
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particular asset, option prices across different strikes are related to the level of volatility and the correlation of volatility … with option dealers demanding a premium for holding idiosyncratic volatility risk. Contrary to Bollerslev et al. (2009), we …
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aggregate shocks. Volatility spillovers proved to be small and volatile. …
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Using data on international, on-line media coverage and tone of the Brexit referendum, we test whether it is media coverage or tone to provide the largest forecasting performance improvements in the prediction of the conditional variance of weekly FTSE 100 stock returns. We find that versions of...
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referendum date. Extracting implied distributions from the GBPUSD option volatility surface, we originally estimated, based on …
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