Computationally Efficient Bootstrap Prediction Intervals for Returns and Volatilities in ARCH and GARCH Processes

We propose a novel, simple, efficient and distribution-free re-sampling technique for developing prediction intervals for returns and volatilities following ARCH/GARCH models. In particular, our key idea is to employ a Box–Jenkins linear representation of an ARCH/GARCH equation and then to adapt a sieve bootstrap procedure to the nonlinear GARCH framework. Our simulation studies indicate that the new re-sampling method provides sharp and well calibrated prediction intervals for both returns and volatilities while reducing computational costs by up to 100 times, compared to other available re-sampling techniques for ARCH/GARCH models. The proposed procedure is illustrated by an application to Yen/U.S. dollar daily exchange rate data.

Fish Driven Bioturbation as a Viable Aquaculture Technology for Increasing Production and Improving Ecological Sustainability of Giant Tiger Shrimp Penaeus Monodon (FABRlClUS)

A general introduction to the problems faced in the shrimp culture due to waste formation and its consequent environmental hazards and production problems of Giant tiger shrimp, Penaeus monodon is highlighted by the author in this thesis. The objective of the present work was to assess the potential of brackish water finfish to improve bottom soil conditions and thereby increase the growth and production of Penaeus monodon. The salient findings of the present study are summarized in chapter 7. This is followed by the references cited in the thesis and list ofpublications originated from the present study.