Volatility of Stock Market Indices - An Analysis based on SEMIFAR Models

dc.contributor.authorBeran, Jan
dc.contributor.authorOcker, Dirkdeu
dc.date.accessioned2011-03-22T17:45:27Zdeu
dc.date.available2011-03-22T17:45:27Zdeu
dc.date.issued1999deu
dc.description.abstractBy applying SEMIFAR models (Beran 1999), we examine 'long memory' in the volatility of worldwide stock market indices. Our analyis yields strong evidence of 'long-memory' in stock market volatility, either in terms of stochastic long-range dependence or in form of deterministic trends. In some cases, both components are detected in the data. Thus, at least partially, there appears to be even stronger an more systematic 'long-memory', than suggested by a stationary model with long-range dependence.eng
dc.description.versionpublished
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dc.identifier.ppn085009873deu
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dc.language.isoengdeu
dc.legacy.dateIssued2000deu
dc.relation.ispartofseriesCoFE-Diskussionspapiere / Zentrum für Finanzen und Ökonometrie
dc.rightsterms-of-usedeu
dc.rights.urihttps://rightsstatements.org/page/InC/1.0/deu
dc.subjectSEMIFAR modeldeu
dc.subjectARCH modelsdeu
dc.subjecttrenddeu
dc.subjectlong-range dependencedeu
dc.subjectshort-range dependencedeu
dc.subject.ddc510deu
dc.titleVolatility of Stock Market Indices - An Analysis based on SEMIFAR Modelseng
dc.typeWORKINGPAPERdeu
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kops.bibliographicInfo.seriesNumber1999/14deu
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@techreport{Beran1999Volat-673,
  year={1999},
  series={CoFE-Diskussionspapiere / Zentrum für Finanzen und Ökonometrie},
  title={Volatility of Stock Market Indices - An Analysis based on SEMIFAR Models},
  number={1999/14},
  author={Beran, Jan and Ocker, Dirk}
}
kops.citation.iso690BERAN, Jan, Dirk OCKER, 1999. Volatility of Stock Market Indices - An Analysis based on SEMIFAR Modelsdeu
kops.citation.iso690BERAN, Jan, Dirk OCKER, 1999. Volatility of Stock Market Indices - An Analysis based on SEMIFAR Modelseng
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