This paper gives a computer-intensive approach to multi-step-ahead prediction of volatility in financial returns series under an ARCH/GARCH model and also under a model-free setting, namely employing the NoVaS transformation. Our model-based approach only assumes i..id innovations without...

Künsch (1989, Ann. Statist.17 1217-1241) and Liu ane Singh (1992, in Exploring Limits of Bootstrap (R. Le Page and L. Billard, Eds.), pp. 225-248, Wiley, New York) have recently introduced a block resampling method that is successful in deriving consistent bootstrap estimates of distribution...

A new multivariate time series model with time varying conditional variances and covariances is presented and analysed. A complete analysis of the proposed model is presented consisting of parameter estimation, model selection and volatility prediction. Classical and Bayesian techniques are used...

Bei der Ansiedlung großflächiger Einzelhandelsvorhaben stellt sich stets die Frage nach ihrer Verträglichkeit. Zur Beantwortung dieser Frage sind Einzelhandelsgutachten unerlässlich. Dabei stehen die Ergebnisse und nicht zuletzt die Einzelhandelsgutachten selbst immer wieder in der Kritik,...