Anticipating correlations [ a new paradigm for risk management

Introduces an important method for estimating correlations for large systems of assets: Dynamic Conditional Correlation (DCC). This title demonstrates the role of correlations in financial decision making, and addresses the economic underpinnings and theoretical properties of correlations and their...

Full description

Bibliographic Details
Main Author: Engle, R. F. [ (Robert F.)] (Author)
Format: Book
Language:English
Published: Princeton, New Jersey : Princeton University Press , c2009
Series:Econometric Institute lecture series
Subjects:
Online Access:NetLibrary
Description
Summary:Introduces an important method for estimating correlations for large systems of assets: Dynamic Conditional Correlation (DCC). This title demonstrates the role of correlations in financial decision making, and addresses the economic underpinnings and theoretical properties of correlations and their relation to other measures of dependence.
Item Description:Description based on print version record
Series from introd
Physical Description:1 online resource (vi, 154 p.) : ill
Bibliography:Includes bibliographical references (p [141]-149) and index
ISBN:0691116415 (cloth)
1400830192 (electronic bk.)
6612158212
9780691116419 (cloth)
9781400830190 (electronic bk.)
9786612158216