Portfolio single index (PSI) multivariate conditional and stochastic volatility models

The paper develops the structure of parsimonious portfolio single index (PSI) multivariate conditional and stochastic constant correlation volatility models, and methods for estimating the underlying parameters. These multivariate estimates of volatility can be used for more accurate portfolio risk...

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Bibliographic Details
Main Authors: Asai, M., Mcaleer, M., Da Veiga, Bernardo
Format: Journal Article
Published: Elsevier Science 2008
Online Access:http://hdl.handle.net/20.500.11937/15800