Calvet and Fisher present a powerful, new technique for volatility forecasting that draws on insights from the use of multifractals in the natural sciences and

This book collects high-quality papers on the latest fundamental advances in the state of Econophysics and Management Science, providing insights that address p

This paper develops analytical methods to forecast the distribution of future returns for a new continuous-time process, the Poisson multifractal. Out model cap

Risk control and derivative pricing have become of major concern to financial institutions, and there is a real need for adequate statistical tools to measure a