ARCH modeling in finance: A review of the theory and empirical evidence

T Bollerslev, RY Chou, KF Kroner - Journal of econometrics, 1992‏ - Elsevier
Although volatility clustering has a long history as a salient empirical regularity
characterizing high-frequency speculative prices, it was not until recently that applied …

ARCH models

T Bollerslev, RF Engle, DB Nelson - Handbook of econometrics, 1994‏ - Elsevier
This chapter evaluates the most important theoretical developments in ARCH type modeling
of time-varying conditional variances. The coverage include the specification of univariate …

A closed-form solution for options with stochastic volatility with applications to bond and currency options

SL Heston - The review of financial studies, 1993‏ - academic.oup.com
I use a new technique to derive a closed-form solution for the price of a European call option
on an asset with stochastic volatility. The model allows arbitrary correlation between volatility …

The econometrics of financial markets

JY Campbell, AW Lo, AC MacKinlay… - Macroeconomic …, 1998‏ - cambridge.org
This book is an ambitious effort by three well-known and well-respected scholars to fill an
acknowledged void in the literature—a text covering the burgeoning field of empirical …

Springer series in statistics

P Bickel, P Diggle, S Fienberg, U Gather, I Olkin… - Principles and Theory …, 2009‏ - Springer
The idea for this book came from the time the authors spent at the Statistics and Applied
Mathematical Sciences Institute (SAMSI) in Research Triangle Park in North Carolina …

Statistical aspects of ARCH and stochastic volatility

N Shephard - Time series models, 2020‏ - taylorfrancis.com
1.1 Introduction Research into time series models of changing variance and covariance,
which I will collectively call volatility models, has exploded in the last ten years. This activity …

Stochastic volatility: likelihood inference and comparison with ARCH models

S Kim, N Shephard, S Chib - The review of economic studies, 1998‏ - academic.oup.com
In this paper, Markov chain Monte Carlo sampling methods are exploited to provide a
unified, practical likelihood-based framework for the analysis of stochastic volatility models …

Jumps and stochastic volatility: Exchange rate processes implicit in deutsche mark options

DS Bates - The Review of Financial Studies, 1996‏ - academic.oup.com
An efficient method is developed for pricing American options on stochastic volatility/jump-
diffusion processes under systematic jump and volatility risk. The parameters implicit in …

Empirical performance of alternative option pricing models

G Bakshi, C Cao, Z Chen - The Journal of finance, 1997‏ - Wiley Online Library
Substantial progress has been made in develo** more realistic option pricing models.
Empirically, however, it is not known whether and by how much each generalization …

[ספר][B] Dynamic asset pricing theory

D Duffie - 2010‏ - books.google.com
This is a thoroughly updated edition of Dynamic Asset Pricing Theory, the standard text for
doctoral students and researchers on the theory of asset pricing and portfolio selection in …