An ordinal pattern approach to detect and to model leverage effects and dependence structures between financial time series

Loading...
Thumbnail Image

Date

2012-07-05

Journal Title

Journal ISSN

Volume Title

Publisher

Abstract

We introduce the concept of ordinal pattern dependence between time series and show in an explorative study that both types of this dependence show up in real world financial data.

Description

Table of contents

Keywords

econometrics, leverage effect, model free data exploration, ordinal patterns, stationarity, VIX

Citation