Non-Linear Time Series Models in Empirical Finance

Author/creator Franses, Philip Hans, 1963- Author
Other author van Dijk, Dick Author
Format Electronic
Publication InfoNew York : Cambridge University Press
Description296 p. ill 25.500 x 017.900 cm.
Supplemental ContentFull text available from Ebook Central - Academic Complete
Supplemental ContentFull text available from eBooks on EBSCOhost
Subjects

Summary Annotation Although many of the models commonly used in empirical finance are linear, the nature of financial data suggests that non-linear models are more appropriate for forecasting and accurately describing returns and volatility. The enormous number of non-linear time series models appropriate for modeling and forecasting economic time series models makes choosing the best model for a particular application daunting. This classroom-tested advanced undergraduate and graduate textbook - the most up to-date and accessible guide available - provides a rigorous treatment of recently developed non-linear models, including regime-switching and artificial neural networks. The focus is on the potential applicability for describing and forecasting financial asset returns and their associated volatility. The models are analysed in detail and are not treated as 'black boxes'. Illustrated using a wide range of financial data, drawn from sources including the financial markets of Tokyo, London and Frankfurt.
Access restrictionAvailable only to authorized users.
Technical detailsMode of access: World Wide Web
Genre/formElectronic books.
LCCN 99088504
ISBN9780521770415
ISBN0521770416 (Trade Cloth) Active Record
Standard identifier# 9780521770415
Stock number00004933

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