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Global climate and energy governance have led to the creation of a wide range of international and regional institutions, initiatives and financial mechanisms dedicated to fostering renewable energies. Furthermore, a low-carbon economy has evolved in recent years. The objective of this paper is...
Persistent link: https://www.econbiz.de/10009142961
In this paper I introduce a latent variable augmented version of the conditional autoregressive range (CARR) model. The new model, called stochastic conditional- range (SCR) can be estimated by Kalman filter or by efficient importance sampling depending on the hypotheses on the distributional...
Persistent link: https://www.econbiz.de/10011112722
We carry out a non parametric analysis of financial durations. We make use of an existing algorithm to describe non parametrically the dynamics of the process in terms of its lagged realizations and of a latent variable, its conditional mean. The devices needed to effectively apply the algorithm...
Persistent link: https://www.econbiz.de/10011113349
In this paper we introduce a parameter driven model for the dynamics of range, the stochastic conditional range (SCR). We propose to estimate its parameters by Kalman filter, importance sampling and simulated maximum likelihood depending on the hypotheses on the distributional form of the...
Persistent link: https://www.econbiz.de/10011113646
Introduction : the European Union, decarbonisation and foreign policy -- Nigeria : addressing fragility away from oil? -- Indonesia : building a partnership beyond fossil fuels and palm oil -- Azerbaijan : partnership potential beyond gas? -- Colombia : the double challenge of internal...
Persistent link: https://www.econbiz.de/10012631097