The high growth of the automotive industry reveals the very bright future of this technology and its high penetration effects on the human society. No doubt that the random and volatile charging demand of these devices would affect the power grid optimal operation and scheduling which may be...

We construct investor sentiment of UK stock market using the procedure of principal component analysis. Using sentiment-augmented EGARCH component model, we analyse the impacts of sentiment on market excess return, the permanent component of market volatility and the transitory component of...

In this paper we propose a subordinated Markov model for modeling stochastic mortality. The aging process of a life is assumed to follow a finite-state Markov process with a single absorbing state and the stochasticity of mortality is governed by a subordinating gamma process. We focus on the...