Towards estimating extremal serial dependence via the bootstrapped extremogram

RA Davis, T Mikosch, I Cribben - Journal of Econometrics, 2012 - Elsevier
Davis and Mikosch (2009a) introduced the extremogram as a flexible quantitative tool for
measuring various types of extremal dependence in a stationary time series. There we …

Estimating extremal dependence in univariate and multivariate time series via the extremogram

RA Davis, T Mikosch, I Cribben - arXiv preprint arXiv:1107.5592, 2011 - arxiv.org
Davis and Mikosch [7] introduced the extremogram as a flexible quantitative tool for
measuring various types of extremal dependence in a stationary time series. There we …

[PDF][PDF] Empirical Invariance in Stock Market and Related Problems (The 8th Workshop on Stochastic Numerics)

CR Hwang - 数理解析研究所講究録, 2009 - repository.kulib.kyoto-u.ac.jp
We study stock market data from an empirical point of view without assuming any model by
looking at simple attributes. Our approach is to describe these attributes using as little …

An invariance property for the empirical distributions of occupancy problems with application to finance

LB Chang, A Goswami, IFN Hsieh, CR Hwang - 2008 - math0.bnu.edu.cn
We prove that the empirical mass functions of a classical occupancy problem converge to
that of a geometric distribution as This result is applicable to the case when the return …