Structure and asymptotic theory for multivariate asymmetric conditional volatility

Various univariate and multivariate models of volatility have been used to evaluate market risk, asymmetric shocks, thresholds, leverage effects, and Value-at-Risk in economics and finance. This article is concerned with market risk, and develops a constant conditional correlation vector ARMA–asymme...

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Bibliographic Details
Main Authors: Mcaleer, M., Hoti, S., Chan, Felix
Format: Journal Article
Published: Taylor and Francis 2009
Subjects:
Online Access:http://hdl.handle.net/20.500.11937/16633