Gençay, Ramazan; Selçuk, Faruk; Ulugülyagci, Abdurrahman - In: Studies in Nonlinear Dynamics & Econometrics 5 (2001) 3
From the practitioners' point of view, one of the most interesting questions that tail studies can answer is what are the extreme movements that can be expected in financial markets? Have we already seen the largest ones or are we going to experience even larger movements? Are there theoretical...