3rd equation from the bottom on page 38 Financial risk forecasting errata

3rd equation from the bottom on page 38

October 22, 2011

My FM320 student Ken Starling pointed out a missing + in the 3rd equation from the bottom on page 38, it should be $$\sigma^2= E(\omega+\alpha Y_{t-1}^2 +\beta \sigma_{t-1}^2) =\omega+\alpha \sigma^2 +\beta \sigma^2. $$

Equation on top of page 37
Wrong word order on page 44
Financial Risk Forecasting
Market risk forecasting with R, Julia, Python and Matlab. Code, lecture slides, implementation notes, seminar assignments and questions.
© All rights reserved, Jon Danielsson,