Is Stochastic Volatility More Flexible than Garch

4 035 03 025 21 02 015 01 005 arsv1 0 1 09 08 10

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: ºÌ Ú Ò Ý ´ µ¸ Ð ÓÒ Ø ÓÒ ÓÖ Ø ÓÙÖØ ÓÖ Ö ÑÓÑ ÒØ × «¾ · ¾«¬ · ¬ ¾ Ò Ì Ö ×Ú ÖØ ´½ Á Ø × ÓÒ Ø ÓÒ × × Ø ×¬ ¸ Ø Ò Ø Ý ÙÖØÓ× × × Ú Ò Ý ´µ ¿´ ½ «¾ ¬ ¾ ¾«¬ ½ «¾ ¾«¬ ¬ ¾ ظ ÛÖ À Ø ×Ñ ×Ø × ÒØ ÙÖØÓ× × Ó Û ×ºÌ × ÚÒ Ý Ö Ð Ø ÓÒ× Ô ØÛ Ò × ¾µ ´ ÒØ µº Ò Ì Ö ×Ú ÖØ ´½ Ù×× Ò µ × ÓÛ Ø Ø Ø ÙØÓ ÓÖÖ Ð Ø ÓÒ ÙÒ Ø ÓÒ Ó Ýؾ × Ý ¸ ¾ ´½µ Ô Ö× ×Ø Ò Ó Ø ÙÖ ¾ ÓÖ Ò ´½ ØÓ ×ØÝÐ Þ µ¸ ÚÓÐ Ø Ð Øݸ × Ð×Ó Ú Ò Ý ´ µ Ò Ø Ê À´½¸½µ ÑÓ Ð× Û Ø Ø Ò Ö ÔÖ × ÒØ Ò Ú Ò ËØÙ ÒØ¹Ø ×ØÖ ÙØ ÓÒ× Û Ø Ø Ø¸ × ÔÓ ÒØ ÓÙØ Ý Ì Ö ×Ú ÖØ ØÖ ÙÖØÓ× × Ö ×Ó Ö ØØ Ö Ø Ò Ø Ø× Ó × ÖÚ ÓѺ Ï Ò× Ê À´½¸½µ ÑÓ Ð× Û Ø ÓÒ Ø ÓÒ Ð ËØÙ ÒØ¹Ø ×ØÖ ÙØ ÓÒ¸ × Ñ Ø ØØ Ù×× Ò ÓÒ × Ø ÜÔÐ Ò Ò × ÑÙÐØ Ò ÓÙ×ÐÝ Ø Ò...
View Full Document

This note was uploaded on 02/28/2010 for the course ECO 211 taught by Professor Gilo during the Spring '10 term at Young Harris.

Ask a homework question - tutors are online