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stochastic clock
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Fractal market time
McCulloch, James
- In:
Journal of empirical finance
19
(
2012
)
5
,
pp. 686-701
Persistent link: https://www.econbiz.de/10009700607
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12
From Measure Changes to Time Changes in Asset Pricing
Geman, Hélyette
-
Université Paris-Dauphine (Paris IX)
-
2005
–56] allow us to write it as Brownian motion as long as we are willing to change the time. The appropriate
stochastic
clock
can …
Persistent link: https://www.econbiz.de/10011072416
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