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QUANTITATIVE & EMPIRICAL ANALYSIS OF ENERGY MARKETS (REV ED)

QUANTITATIVE & EMPIRICAL ANALYSIS OF ENERGY MARKETS (REV ED)

Quantitative and Empirical Analysis of Energy Markets

APOSTOLOS SERLETIS / SERLETIS APOSTOLOS

134,27 €
IVA incluido
Consulta disponibilidad
Editorial:
World Scientific Publishing Co Pte Ltd
Año de edición:
2013
Materia
Macroeconomía
ISBN:
9789814436212

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  • Librería Kolima (Madrid)
  • Librería Proteo (Málaga)

The revised edition of this book captures new developments in economics and finance. Turning its focus towards the application of Engle's (1982) autoregressive conditional heteroscedasticity (ARCH) in cutting-edge research and a discussion of whether energy prices reflect long memory, this book will keep readers up-to-date with current developments in the literature. It presents twenty-one empirical studies of econometric time series analysis of crude oil, natural gas and electricity markets in face of the rapidly changing dynamics of the energy markets. Amongst them, several studies employ nonlinear time series methods, unlike the standard linear approach commonly used, to reflect the nonlinear nature of the economic system.Two new chapters are included, extending beyond the leading-edge research and innovative energy markets econometrics detailed in the first edition: Chapter 17 examines the effects of oil price changes and speculations on economic activity and Chapter 20 re-evaluates empirical evidence for random walk type behavior in energy futures prices using a statistical physics approach.

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