DEZSI, Diana; SCARLAT, Emil - In: Timisoara Journal of Economics 5 (2012) 17, pp. 23-32
The hereto article indicates how multifractals related ideas can contribute to the modelling of the long-memory nature of the financial market volatility. The multifractal models appear in the context of the new paradigm of the financial markets, being related to Benoit Mandelbrot’s fractal...