In this work, we propose the use of Artificial Neural Networks (ANNs), with theobjective of predicting the volatility of peseta exchange rate. Firstly, we perform anexhaustive analysis of the forecasting ability of ANNs by comparing them against otherARCH-type models. The results suggest that...

En el presente trabajo estudiamos como las diferentes propuestas normativas que se han ido desarrollando en los últimos años en torno a la información contable sobre derivados financieros – con la presencia cada vez más próxima de las proposiciones del IASB – tuvieron una influencia...

Some researchers and many practitioners have move from the classic mean-variance (Markowitz, 1959) portfolio theory to a new portfolio optimization framework based on downside-risk measures that are more appropriate to the investor’s preferences. Moreover, several studies (Friedman and...