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Time-series analysis Explain properties of stock return volatility: thick tails for return distribution, volatility seems to go through periods of being high then low and
- Time-series analysis
- Explain properties of stock return volatility: thick tails for return distribution, volatility seems to go through periods of being high then low and so on, leverage affects volatility.
b. Concept of Granger causality; how can we test for it??
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