Previous studies indicate that the volatility process of financial market has a distinctive long memory.
已有研究结果表明金融市场波动过程具有显著的长期记忆性。
2
This paper is an empirical study on the volatilityof stock market in china-based on the long-term memory theory.
本文主要研究基于长记忆性的中国股票市场波动性的实证分析。股票市场充满不确定性。
3
Standing on the new viewpoint of fractional integration, KPSS test and LW test can find long memoryof return and its volatility in Chinese stock market.