Markets are moving together again, but the drivers behind this shift point to deeper structural changes. Learn how forces from inflation to liquidity are reshaping market structure and risk.

Click here for guidelines on the submission of technical articles. Monte Carlo simulations for pricing are ubiquitous in finance, particularly for credit valuation adjustments, which are carried out ...

A few years have passed since we last published these asset class correlation matrices, but they're always interesting to take a look at. For reference, a correlation coefficient of 1 means the two ...

Learn about correlation, including how it measures the relationship between securities, along with how it aids in ...

Correlations are some of the most basic pieces of information that help investors understand market moves and build portfolios. However, they lead to some of the most unwieldy estimation problems ...

X ij = [x ij1, ... , x ijp]' The Generalized Estimating Equation of Liang and Zeger (1986) for estimating the p ×1 vector of regression parameters is an extension of the independence estimating ...