, 2004) Thus at a point in time when the market return is increasing we might expect to find the correlation between any two … stocks to be, on average, lower than the correlation between those same two stocks when the market return is negative …"Avoid downturn vulnerability by managing correlation dependency Asymmetric Dependence in Finance examines the risks …

practitioners interested in the theory behind fixed income instruments, and in their applications in financial portfolio management … LIBOR in a jump-diffusion framework -- An Overview of Post-Crisis Term Structure Models -- A comparison of estimation …