Showing 1 - 10 of 36,230
Financial volatility obeys two fascinating empirical regularities that apply to various assets, on various markets, and on various time scales: it is fat-tailed (more precisely power-law distributed) and it tends to be clustered in time. Many interesting models have been proposed to account for...
Persistent link: https://www.econbiz.de/10012173087
Persistent link: https://www.econbiz.de/10012309816
Persistent link: https://www.econbiz.de/10010476256
Persistent link: https://www.econbiz.de/10014546345
This thesis will first criticize standard financial theory. The focus will be on return distributions, efficient market hypothesis and the independence of returns. Part two gives the intuition to look at markets in a different view. Namely the one proposed by B. Mandelbrot who has shown that...
Persistent link: https://www.econbiz.de/10009467109
of this comparison depend on the liquidity of equities involved. …
Persistent link: https://www.econbiz.de/10010760034
Persistent link: https://www.econbiz.de/10012511292
Persistent link: https://www.econbiz.de/10014253231
Persistent link: https://www.econbiz.de/10010516667
Persistent link: https://www.econbiz.de/10010197619