1.

Record Nr.

UNINA9910828496103321

Titolo

Stochastic volatility [[electronic resource] ] : selected readings / / edited by Neil Shephard

Pubbl/distr/stampa

Oxford ; ; New York, : Oxford University Press, c2005

ISBN

1-383-03979-8

0-19-153142-1

1-280-84576-7

1-4294-6936-6

Descrizione fisica

1 online resource (534 p.)

Collana

Advanced texts in econometrics

Altri autori (Persone)

ShephardNeil

Disciplina

519.2/3

Soggetti

Stochastic processes

Finance - Mathematical models

Money market - Mathematical models

Capital market - Mathematical models

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and indexes.

Nota di contenuto

pt. 1. Model building -- pt. 2. Inference -- pt. 3. Option pricing -- pt. 4. Realised variation.

Sommario/riassunto

Neil Shephard has brought together a set of classic and central papers that have contributed to our understanding of financial volatility. They cover stocks, bonds and currencies and range from 1973 up to 2001. Shephard, a leading researcher in the field, provides a substantial introduction in which he discusses all major issues involved. General Introduction N. Shephard. Part I: Model Building. 1. A Subordinated Stochastic Process Model with Finite Variance for Speculative Prices, (P. K. Clark). 2. Financial Returns Modeled by the Product of Two Stochastic Processes: A Study of Daily Sugar