Loading ...Abstract There is a considerable literature analyzing the behavior of exchange rates. However, the modeling and forecasting of exchange rates has not been very successful. One of the obstacles to effective modeling of financial time series is heteroscedasticity. The recent availability of high frequency data, such as tick-by-tick data, provides us with extra information...
Store FleetIn 1897 the Editor of the Advocate of India invited me to contribute to its columns a narrative of the rise, growth and collapse...
