Essec\Faculty\Model\Contribution {#2188
  #_index: "academ_contributions"
  #_id: "2594"
  #_source: array:26 [
    "id" => "2594"
    "slug" => "the-asymptotic-distribution-of-extreme-stock-market-returns"
    "yearMonth" => "1996-07"
    "year" => "1996"
    "title" => "The Asymptotic Distribution of Extreme Stock Market Returns"
    "description" => "LONGIN, F. (1996). The Asymptotic Distribution of Extreme Stock Market Returns. <i>Journal of Business</i>, pp. 383-408."
    "authors" => array:1 [
      0 => array:3 [
        "name" => "LONGIN François"
        "bid" => "B00000328"
        "slug" => "longin-francois"
      ]
    ]
    "ouvrage" => ""
    "keywords" => []
    "updatedAt" => "2020-12-17 17:55:06"
    "publicationUrl" => null
    "publicationInfo" => array:3 [
      "pages" => "383-408"
      "volume" => null
      "number" => null
    ]
    "type" => array:2 [
      "fr" => "Articles"
      "en" => "Journal articles"
    ]
    "support_type" => array:2 [
      "fr" => "Revue scientifique"
      "en" => "Scientific journal"
    ]
    "countries" => array:2 [
      "fr" => null
      "en" => null
    ]
    "abstract" => array:2 [
      "fr" => "Cet article présente une étude des mouvements extrêmes de prix de marché boursiers. D'après la théorie des valeurs extrêmes, la forme de la loi des rentabilités extrêmes est précisément connue et indépendante du processus générant les rentabilités. Empiriquement, je montre que la loi des rentabilités extrêmes du marché boursier américain représenté par un indice regroupant les valeurs les  plus échangées est une loi de Fréchet."
      "en" => "This article presents a study of extreme stock market price movements. According to the theory of extreme values, the nature of the distribution of extreme returns is known precisely, and it is independent of the process which generates the returns. Using an index of the most traded stocks on the New York Stock Exchange between 1885 and 1990, I empirically show that the extreme returns can be accounted for by a Fréchet distribution."
    ]
    "authors_fields" => array:2 [
      "fr" => "Finance"
      "en" => "Finance"
    ]
    "indexedAt" => "2024-04-25T03:21:57.000Z"
    "docTitle" => "The Asymptotic Distribution of Extreme Stock Market Returns"
    "docSurtitle" => "Journal articles"
    "authorNames" => "<a href="/cv/longin-francois">LONGIN François</a>"
    "docDescription" => "<span class="document-property-authors">LONGIN François</span><br><span class="document-property-authors_fields">Finance</span> | <span class="document-property-year">1996</span>"
    "keywordList" => ""
    "docPreview" => "<b>The Asymptotic Distribution of Extreme Stock Market Returns</b><br><span>1996-07 | Journal articles </span>"
    "docType" => "research"
    "publicationLink" => "<a href="#" target="_blank">The Asymptotic Distribution of Extreme Stock Market Returns</a>"
  ]
  +lang: "en"
  +"_type": "_doc"
  +"_score": 9.257923
  +"parent": null
}