provided between frequentist and Bayesian estimation. No significant difference is found between the qualities of the forecasts …

describe the most typical features of capital markets like volatility clustering, excess kurtosis and fat tails. As empirical … evidence shows asymmetry is also a prominent feature of stock market returns volatility. The reaction of risk if stock returns …

This study examines the long run impacts of equity market volatility on index returns of nine major international stock … exchanges in the Western and Asian regions. This study employs the text-based Economic Market Volatility (EMV) index to measure … the degree of uncertainty in the U.S. stock market. Using monthly data from December 2001 to August 2018, the estimation …