Dressage, a French word meaning "training," is perhaps best recognized as one of the three equestrian sports contested at the Olympic Games, along with jumping and three-day eventing, a three-phase discipline that includes dressage and stadium jumping components along with its signature cross-country jumping phase.
(The ski-jumping component had prevented women from competing; there is good reason to hope that in the coming years the gender line will be broken in this event, as well).
This model can describe the continuous volatility component and the jump component simultaneously.
These tests have power against autocorrelation in the jump component, and are direct tests for Hawkes diffusions (see, e.g. Aït-Sahalia et al. (2015)).
They also consider superpositions of such processes and we extend that to the inclusion of a jump component in the returns.
By adding a jump component to the index dynamics, we are able to partly reconcile the differences between the index and option-implied risk-neutral densities, and propose a peso-problem interpretation of this evidence.
The nonlocal operator here corresponds to the jump component of a Markov process; in fact, it is an integral with respect to a jump measure.
On the one hand, total variation is decomposed into jump and non-jump components and on the other hand EGARCH innovations are considered.
Interfacial integral equations, governing the normal and tangential displacement jump components at the interfaces, are solved for the uniformly loaded trilayer system.
Interfacial integral equations, governing the normal and tangential displacement jump components at an interface of a slab system are developed from the Fourier series solution for the single slab subject to arbitrary loading on its surfaces.
Our result shows that the weak convergence rate is 1 even when there are jump components in the system.
