关于波动率及其预测方法的文献综述

Literature Review on Volatility and the Forecasting Methods in the Aspect

波动性研究已经渗透到整个现代金融理论体系,对波动性的精确测量和预测已经成为资产定价、金融衍生品的定价和交易策略设计的关键。多年来,国内外学者对波动率及其预测方法进行了大量细致的研究,取得了相关的重大成果,这将为今后进一步的研究奠定良好的基础。

The research on volatility has already come into the entire modern finance theory system. The the precise measure and the forecast of volatility have become the key to the price-fixing of property and financially derived products, and the key to the designing of transaction strategies. Durig the past years, sholars both from abroad and at home have conducted lots of carerul studies on volatility and its forecasting methods as well, and have made some significant achievements, which will provide a solid foundation for the following researhes in future.