Value-at-Risk under Lévy GARCH models: Evidence from global stock markets

S Slim, Y Koubaa, A BenSaida - Journal of International Financial Markets …, 2017 - Elsevier
The aim of this paper is to reconsider the evidence on the forecasting ability of GARCH-type
models in estimating the Value-at-Risk (VaR) of global stock market indices with improved …

Dynamic currency hedging with non-Gaussianity and ambiguity

P Polak, U Ulrych - Quantitative Finance, 2024 - Taylor & Francis
This paper introduces a non-Gaussian dynamic currency hedging strategy for globally
diversified investors with ambiguity. It provides theoretical and empirical evidence that …

[HTML][HTML] The univariate collapsing method for portfolio optimization

MS Paolella - Econometrics, 2017 - mdpi.com
The univariate collapsing method (UCM) for portfolio optimization is based on obtaining the
predictive mean and a risk measure such as variance or expected shortfall of the univariate …

Dynamic Currency Hedging with Non-Gaussianity and Ambiguity

U Ulrych, P Polak - Swiss Finance Institute Research Paper, 2023 - zora.uzh.ch
This paper introduces a non-Gaussian dynamic currency hedging strategy for globally
diversified investors with ambiguity. Assuming that ambiguity of a typical investor can be …

[การอ้างอิง][C] Statement for the Special Issue in Honor of Michael McAleer

D Allen, M Alghalith, WK Wong - Annals of Financial Economics, 2023 - World Scientific
Mike served on the editorial board of the Annals of Financial Economics (AFE) for more than
16 years and was the Editor-in-Chief since 2016. Mike was a wonderful friend, colleague …