Specification Tests of Calibrated Option Pricing Models
نویسندگان
چکیده
منابع مشابه
Specification Tests of Calibrated Option Pricing Models
In spite of the popularity of model calibration in nance, empirical researchers have put more emphasis on model estimation than on the equally important goodness-of- t problem. This is due partly to the ignorance of modelers, and more to the ability of existing statistical tests to detect speci cation errors. In practice, models are often calibrated by minimizing the sum of squared di¤erence b...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2013
ISSN: 1556-5068
DOI: 10.2139/ssrn.2273648