Reading Time: 5 minutesESG, Environmental, Social, and Governance, has become finance’s favorite shorthand for “future-proofing.” In theory, firms that manage environmental exposure, social…

Reading Time: < 1 minuteCont (2001) listed the following statistical properties common to most financial assets (assets returns and exchange rates): Absence of autocorrelations…

Reading Time: 2 minutesThe following three quotations give you an idea what are the stylized facts. For more about stylized facts you may…