This article considers the daily yield of a financial asset for the purpose of modeling and comparing its stochastic volatility probability density. To do so, ARCH models and their extensions in discrete time are proposed as well as the empirical stochastic volatility mo-del developed by Paul Wilmot...

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Autores:
Tipo de recurso:
Fecha de publicación:
2008
Institución:
Universidad de Medellín
Repositorio:
Repositorio UDEM
Idioma:
spa
OAI Identifier:
oai:repository.udem.edu.co:11407/1419
Acceso en línea:
http://hdl.handle.net/11407/1419
Palabra clave:
ARCH
Heterocedasticity
Itô dissemination processes
Probability density function
Simulation
Volatility
Rights
restrictedAccess
License
http://purl.org/coar/access_right/c_16ec