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Modeling structure of inflation in Türkiye: DCC-GARCH and Markov switching model

Journal of Financial Economic Policy
Purpose Recent surges in inflation have posed significant challenges for Türkiye, with the annualinflation rate culminating at 83.45% by the close of 2022. The purpose of the study is to take a closer look at the details behind the rising inflation trend in Türkiye.
Erginbay Ugurlu   +2 more
exaly   +2 more sources

Cross-city hedging with weather derivatives using bivariate DCC GARCH models [PDF]

open access: yes, 2006
As monopolies gave their way to competitive wholesale electricity markets, volumetric risk came into play. Electricity supplier can buy weather derivatives to protect from volumetric risk due to unexpected weather conditions. However, contracts can only be negotiated for weather variables measured at few selected locations. To hedge their specific risk,
Kosater, Peter
openaire   +3 more sources

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