英文文献：Classifying Returns as Extreme: European Stock and Bond Markets-将回报归为极端:欧洲股票和债券市场
英文文献作者：Charlotte Christiansen
英文文献摘要：
I consider the stock and bond markets of 14 EU countries. I use two classifi?cation schemes for de?fining extreme returns: One, the existing univariate classi?fication scheme which considers each market separately. Two, the new multivariate classi?fication scheme that considers all the markets jointly whereby a shorter sample period is needed. For the bond markets the simultaneous extreme return variable (used for analyzing integration and contagion of fi?nancial markets) is not statistically different for the two schemes. For the stock markets there are differences, but they are disappearing in the most recent sample period.

我考虑了14个欧盟国家的股票和债券市场。我用两个分类?de?的阳离子方案对极端回报进行罚款:一，现有的单变量类别?分别考虑每个市场的融资方案。二，新的多元类别?联合考虑所有市场，因此需要更短的抽样周期的一种分类方案。对于债券市场，同时存在的极端回报变量(用于分析金融危机的整合和传染?这两种方案在统计上没有差异。对于股票市场来说，差异是存在的，但在最近的样本时期，它们正在消失。