Short-Term Interest Rates as Subordinated Diffusions

Review of Financial Studies - Tập 10 Số 3 - Trang 525-577 - 1997
Timothy G. Conley1, Lars Peter Hansen2, Erzo G. J. Luttmer1, José Scheinkman3
1Northwestern University
2University of Chicago and NBER
3University-of Chicago

Tóm tắt

Từ khóa


Tài liệu tham khảo

10.2307/2171860

10.1093/rfs/9.2.385

Andersen T. G. Bollerslev T. , 1996, “Intraday Seasonality and Volatility Persistence in Financial Markets,” forthcoming in Journal of Empirical Finance.

10.1016/S0304-4076(96)01819-2

10.2307/2938229

10.1137/0316024

10.1007/BF00531822

Bochner S. , 1960, Harmonic Analysis and the Theory of Probability. Berkeley: University of California Press.

10.2307/1392425

Bradley R. C. , 1986, “Basic Properties of Strong Mixing Conditions,” in Dependence in Probability and Statistics, a Survey of Recent Results, Birkhauser, Oberwolfach.

Chan K. C. Karolyi G. A. Longstaff F. A. Sanders A. B. , 1992, “An Empirical Comparison of Alternative Models of the Short-Term Interest Rate,” Journal of Finance, 48, 1209–1227.

10.2307/1913889

10.1080/01621459.1983.10477940

10.2307/1911242

10.2307/1909547

10.1214/aos/1176349022

10.1214/aos/1176348900

Fan J. Masry E. , 1994, “Local Polynomial Estimation of Regression Functions for Mixing Processes,” manuscript, University of North Carolina, Chapel Hill.

10.2307/1969318

10.2307/3214513

10.2307/2171927

Genot-Catelon V. Jacod J. , 1993, “On the Estimation of the Diffusion Coefficient for Multi-Dimensional Diffusion Processes,” Ann. Inst. Henri Poincare, 29, 119–151.

Ghysels E. Jasiak J. , 1995, “Stochastic Volatility and Time Deformation: An Application to Trading Volume and Leverage Effects,” manuscript.

10.1214/aos/1176347385

Hall P. Heyde C. C. , 1980, Martingale Limit Theory and Its Application, Academic Press, New York.

10.1086/262016

10.2307/1912775

10.2307/1392442

10.2307/2171800

Hansen L. P. Scheinkman J. A. Touzi N. , 1996, “Spectral Methods for Identifying Scalar Diffusions,” forthcoming in Journal of Econometrics.

10.2307/2330708

Karatzas I. Shreve S. , 1991, Brownian Motion and Stochastic Calculus, Springer-Verlag, New York.

Karlin S. Taylor H. M. , 1981, A Second Course in Stochastic Processes, Academic Press, New York.

10.2307/2328939

10.2307/1913622

10.2307/2329186

Revuz D. Yor M. , 1991, Continuous Martingales and Brownian Motion, Springer-Verlag, New York.

10.1111/j.1467-9892.1983.tb00368.x

Rosenblatt M. , 1969, “Density Estimates and Markov Sequences,” in Puri M. L. (ed.), Nonparametric Techniques in Statistical Inference, Cambridge University Press, Cambridge, pp. 199–210.

10.1016/0167-6911(94)90089-2

Stock J. H. , 1988, “Estimating Continuous-Time Processes Subject to Time Deformation, An Application to Postwar U.S. GNP,” Journal of'the American Statistical Association, 83, 77–85.

Stock J. H. Wright J. , 1995, “Asymptotics for GMM Estimators with Weak Instruments,” manuscript, Harvard University.

10.1214/aos/1176343886

10.2307/1912002

10.2307/2938170