A transition from conventional energy sources to renewable energy (RE) sources remains an important concern of the present world. This transition, however, largely depends upon financial sources required for start-up investments, operating costs, and advanced infrastructure. However, an...

A transition from conventional energy sources to renewable energy (RE) sources remains an important concern of the present world. This transition, however, largely depends upon financial sources required for start-up investments, operating costs, and advanced infrastructure. However, an...

We propose a nonlinear smooth transition conditional autoregressive range (CARR) model for capturing smooth volatility asymmetries in international financial stock markets, building on recent work on smooth transition conditional duration modelling. An adaptive Markov chain Monte Carlo scheme is...