Volatility and Correlation

By M. Choudhry. 2012

63 citations recorded by the source corpus.

Subfields: Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/12ef1a1de412cffb20db3f4941f9f0dccfbdb331

Citations in the corpus

• Riding on the smiles (2011, unknown): “This shows that the Black–Scholes model is not consistent with real data and explains the reason why the implied volatility is often referred to as the wrong number in the wrong formula to get the correct price (Rebonato 1999).”