implications of these findings, and 'time-span robust' tests indicate that the prevalence of jumps is not as universal as might be …Numerous tests designed to detect realized jumps over a fixed time span have been proposed and extensively studied in … the financial econometrics literature. These tests differ from 'long time span tests' that detect jumps by examining the …

these findings, and “time-span robust” tests indicate that the prevalence of jumps is not as universal as might be expected. …Numerous tests designed to detect realized jumps over a fixed time span have been proposed and extensively studied in … the financial econometrics literature. These tests differ from “long time span tests” that detect jumps by examining the …

of Romania (NRB) during the time span Mars 2007 - Mars 2008. We will use three types of credibility indexes - two from …