Special issue on Statistical Modelling in Finance Conference 2006 (Temple University) / guest editors, Elyas Elyasiana, A. Thavaneswaran and Jagbir Singh
Cover; CONTENTS; EDITORIAL ADVISORY BOARD; About the Guest Editors; Catastrophe forecasting: seeing "gray" among the "black boxes"; Dynamic monitoring of financial intermediaries with subordinated debt; The estimation of nominal and real yield curves from government bonds in Israel; Fuzzy random-coefficient volatility models with financial applications; Financial applications of ARMA models with GARCH errors; Parsimonious principle of GARCH models: a Monte-Carlo approach; Approximating the growth optimal portfolio with a diversified world stock index;
Summary
This e-book contains papers from the 2006 Statistical Modelling in Finance conference. Using the historical hurricane forecasts of Dr. William M. Gray, the editorial identifies the problem of using "black-box" methods in catastrophe forecasting, and emphasises the value of independent peer review
