OLMEDO,E. () (Departamento de Economía Aplicada I. Universidad de Sevilla. Avda. Ramón y Cajal, nº 1. 41018 Sevilla. Spain.) VELASCO, F. () (Departamento de Economía Aplicada I. Universidad de Sevilla. Avda. Ramón y Cajal, nº 1. 41018 Sevilla. Spain.) VALDERAS, J.M. () (Departamento de Economía Aplicada I. Universidad de Sevilla. Avda. Ramón y Cajal, nº 1. 41018 Sevilla. Spain.)
Abstract
The nonlinear modelization has experimented a great resurgence of the hand of Chaos Theory, which shown the possibility of obtaining complex behaviors produced endogenously by the dynamics of the model, without the necessity to include exogenous random shocks. On the other hand, the importance of the forecasting ability in Economics is principal. In the work, different techniques developed within Complex Econometrics are applied to improve forecasting in stock markets. La modelización no lineal ha experimentado un resurgimiento de la mano de la teoría del caos, que ha puesto de manifiesto la posibilidad de conseguir comportamientos complejos producidos por la dinámica endógena del modelo, sin la necesidad de incluir perturbaciones aleatorias exógenas al mismo. Por otro lado, es indiscutible la importancia de la capacidad de predicción en economía. En el presente trabajo se aplican diferentes técnicas desarrolladas dentro de lo que se denomina Econometría Compleja No Lineal buscando mejorar la capacidad de predicción en los mercados financieros.
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Volume (Year): 25 (2007) Issue (Month): (Diciembre) Pages: 815 - 28 páginas Download reference. The following formats are available: HTML,
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Handle: RePEc:lrk:eeaart:25_3_11
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Find related papers by JEL classification: C14 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: General - - - Semiparametric and Nonparametric Methods C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models C45 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Neural Networks and Related Topics C52 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Evaluation and Testing C53 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Forecasting and Other Model Applications