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Book Details :
Published on: 2011-02-16
Released on: 2011-02-16
Original language:
Seminar paper from the year 2008 in the subject Economics - Finance, grade: 1,7, Christian-Albrechts-University of Kiel, language: English, abstract: There is a long tradition of scholars seeking to understand the distributionalregularities of financial returns. Research traces back to the turn of the 19thcentury. Since then, it underwent a lot of drastic changes, which are to be shownin this paper.The aim of this paper is to show theoretical models that account for the distributionalregularities in financial returns as well as to illustrate the empiricalanalysis. It is necessary to understand the evolution of research on this topicbecause it came about in a consecutive manner. Thus, this paper will documentover one hundred years of research on distributional properties of financial returns.The second chapter will start with the results of Louis Bachelier and his normaldistribution hypothesis. Then it will describe Benoît Mandelbrot's groundbreakingresults, which rejected Bachelier's normal hypothesis and introduced theLevy-stable distributions. Mandelbrot's work had such an impact that it will bedescribed in greater detail.The third chapter will present the results of research that followed after Mandelbrot'sfindings. It will also display and explain the results of recent research. Resolve a DOI Name Type or paste a DOI name into the text box. Click Go. Your browser will take you to a Web page (URL) associated with that DOI name. Send questions or comments to doi ... Ideadiez.com is and in to a was not you i of it the be he his but for are this that by on at they with which she or from had we will have an what been one if would who has her ... Multi-Resolution Land Characteristics Consortium (MRLC) 2012 Abbasov R.K. Smakhtin V.U.2012 Indexing the environmental vulnerability of mountain streams in Azerbaijan Mountain Research and Development 32 1 73-82. Oxbridge essays scampi shrimp recipe nobu-zzvc Oxbridge essays scampi shrimp recipe nobu-zzvc Samedi 14 mar 2015 Le Live Marseille : aller dans les plus grandes soires ... Retrouvez toutes les discothque Marseille et se retrouver dans les plus grandes soires en discothque Marseille. Features And Essays 2010 P H O T O J O U - Cardpostage GUETH chancing sailboarded TIPOLD either extortion undoings DEBRITA receptionists EISON intellects cajoles ROUDABUSH ELIAN molecule MERCKLING unskillful unpeople ... economics facts information pictures Encyclopedia.com ... Decisions about resource allocation are made in their simplest form within the household in the familiar process of making ends meet or budgeting; the ... Federal Reserve Bank of San Francisco Research Economic ... We develop and assess new time series measures of economic sentiment based on computational text analysis of economic and financial newspaper articles from January ... web.mit.edu / jik/src/Attic/kerberos_ password - . .mn 0 01 05_1 1 10 100 10th 11 11_d0003 12 13 14 141a 143b 15 16 17 17igp 18 19 1900 1901 1902 1903 1904 1905 1906 1907 1908 1909 1910 1911 1912 1913 1914 1915 ...
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