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Remarks on the possible universal mechanism of the non-linear long-term autocorrelations in financial time-series

✍ Scribed by Ryszard Kutner; Filip Świtała


Publisher
Elsevier Science
Year
2004
Tongue
English
Weight
262 KB
Volume
344
Category
Article
ISSN
0378-4371

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✦ Synopsis


The paper consists of two parts: (i) the empirical one where the non-linear, long-term autocorrelations present in high-frequency data extracting from the Warsaw Stock Exchange were analyzed and (ii) theoretical one where predictions of our model (Quantitative Finance 3