{"product_id":"arch-models-for-financial-applications","title":"ARCH Models for Financial Applications","description":"Autoregressive Conditional Heteroskedastic (ARCH) processes are used in finance to model asset price volatility over time. This book introduces both the theory and applications of ARCH models and provides the basic theoretical and empirical background, before proceeding to more advanced issues and applications. The Authors provide coverage of the recent developments in ARCH modelling which can be implemented using econometric software, model construction, fitting and forecasting and model evaluation and selection.  \u003cp\u003eKey Features:\u003c\/p\u003e \u003cul\u003e\n\u003cli\u003ePresents a comprehensive overview of both the theory and the practical applications of ARCH, an increasingly popular financial modelling technique.\u003c\/li\u003e\n\u003cli\u003eAssumes no prior knowledge of ARCH models; the basics such as model construction are introduced, before proceeding to more complex applications such as value-at-risk, option pricing and model evaluation.\u003c\/li\u003e\n\u003cli\u003eUses empirical examples to demonstrate how the recent developments in ARCH can be implemented.\u003c\/li\u003e\n\u003cli\u003eProvides step-by-step instructive examples, using econometric software, such as Econometric Views and the G@RCH module for the Ox software package, used in Estimating and Forecasting ARCH Models.\u003c\/li\u003e\n\u003cli\u003eAccompanied by a CD-ROM containing links to the software as well as the datasets used in the examples.\u003c\/li\u003e\n\u003c\/ul\u003e \u003cp\u003eAimed at readers wishing to gain an aptitude in the applications of financial econometric modelling with a focus on practical implementation, via applications to real data and via examples worked with econometrics packages.\u003c\/p\u003e","brand":"John Wiley \u0026 Sons Inc","offers":[{"title":"Default Title","offer_id":54231826628952,"sku":"9780470066300","price":104.99,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0278\/1295\/4195\/files\/9780470066300.jpg?v=1778543140","url":"https:\/\/agendabookshop.com\/products\/arch-models-for-financial-applications","provider":"Agenda Bookshop","version":"1.0","type":"link"}