From: John Conover <john@email.johncon.com>
Subject: Re: Time Varying Dimensions of Time Series
Date: 8 Jul 1999 06:34:02 -0000
David Lloyd-Jones writes: > > Konstantinos Euripides Vorloou <K.E.Vorloou@durham.ac.uk> asks: > > > > Is there any literature or ideas on the way (this way could be > > deterministic or stochastic) dimensions of (chaotic) time > > series may change within their histories ? > > . . . > > Mandelbrot fired off these cannons, and then went on to other things, and > has only returned to economics a little bit recently. In a letter to the > editors of Scientific American dated April or May of this year he gave the > few revisions he felt like making to his 1963-65 positions. Fama's first > paper above is a review which neither supports nor opposes Mandelbrot's > manifesto. The second one calls for more empirical research on Mandelbrot's > "hypothesis," a word this latter would not have used to characterise his > dicta. > The latest Mandelbrot citation is "A Multifractal Walk Down Wall Street," Benoit B. Mandelbrot, Scientific American, February 1999, pp. 70-73. John -- John Conover, john@email.johncon.com, http://www.johncon.com/