id	sid	tid	token	lemma	pos
dem-4211	1	1	microsoft	microsoft	PROPN
dem-4211	1	2	word	word	NOUN
dem-4211	1	3	00_tresc.docx	00_tresc.docx	PRON
dem-4211	1	4	dynamic	dynamic	ADJ
dem-4211	1	5	econometric	econometric	ADJ
dem-4211	1	6	models	model	NOUN
dem-4211	1	7	vol	vol	NOUN
dem-4211	1	8	.	.	PROPN
dem-4211	1	9	9	9	NUM
dem-4211	1	10	–	–	PUNCT
dem-4211	1	11	nicolaus	nicolaus	PROPN
dem-4211	1	12	copernicus	copernicus	PROPN
dem-4211	1	13	university	university	PROPN
dem-4211	1	14	–	–	PUNCT
dem-4211	1	15	toruń	toruń	NOUN
dem-4211	1	16	–	–	PUNCT
dem-4211	1	17	2009	2009	NUM
dem-4211	1	18	marcin	marcin	PROPN
dem-4211	1	19	fałdziński	fałdziński	VERB
dem-4211	1	20	nicolaus	nicolaus	PROPN
dem-4211	1	21	copernicus	copernicus	PROPN
dem-4211	1	22	university	university	PROPN
dem-4211	1	23	in	in	ADP
dem-4211	1	24	toruń	toruń	PROPN
dem-4211	1	25	application	application	NOUN
dem-4211	1	26	of	of	ADP
dem-4211	1	27	modified	modify	VERB
dem-4211	1	28	pot	pot	NOUN
dem-4211	1	29	method	method	NOUN
dem-4211	1	30	with	with	ADP
dem-4211	1	31	volatility	volatility	NOUN
dem-4211	1	32	model	model	NOUN
dem-4211	1	33	for	for	ADP
dem-4211	1	34	estimation	estimation	NOUN
dem-4211	1	35	of	of	ADP
dem-4211	1	36	risk	risk	NOUN
dem-4211	1	37	measures	measure	VERB
dem-4211	1	38	a	a	DET
dem-4211	1	39	b	b	NOUN
dem-4211	1	40	s	s	ADP
dem-4211	1	41	t	t	PROPN
dem-4211	1	42	r	r	NOUN
dem-4211	1	43	a	a	DET
dem-4211	1	44	c	c	NOUN
dem-4211	1	45	t.	t.	NOUN
dem-4211	1	46	the	the	DET
dem-4211	1	47	main	main	ADJ
dem-4211	1	48	aim	aim	NOUN
dem-4211	1	49	of	of	ADP
dem-4211	1	50	this	this	DET
dem-4211	1	51	paper	paper	NOUN
dem-4211	1	52	is	be	AUX
dem-4211	1	53	the	the	DET
dem-4211	1	54	presentation	presentation	NOUN
dem-4211	1	55	and	and	CCONJ
dem-4211	1	56	empirical	empirical	ADJ
dem-4211	1	57	analysis	analysis	NOUN
dem-4211	1	58	of	of	ADP
dem-4211	1	59	the	the	DET
dem-4211	1	60	new	new	ADJ
dem-4211	1	61	approach	approach	NOUN
dem-4211	1	62	which	which	PRON
dem-4211	1	63	combines	combine	VERB
dem-4211	1	64	volatility	volatility	NOUN
dem-4211	1	65	models	model	NOUN
dem-4211	1	66	with	with	ADP
dem-4211	1	67	peaks	peak	NOUN
dem-4211	1	68	over	over	ADP
dem-4211	1	69	threshold	threshold	NOUN
dem-4211	1	70	method	method	NOUN
dem-4211	1	71	that	that	PRON
dem-4211	1	72	comes	come	VERB
dem-4211	1	73	from	from	ADP
dem-4211	1	74	extreme	extreme	ADJ
dem-4211	1	75	value	value	NOUN
dem-4211	1	76	theory	theory	NOUN
dem-4211	1	77	.	.	PUNCT
dem-4211	2	1	the	the	DET
dem-4211	2	2	new	new	ADJ
dem-4211	2	3	approach	approach	NOUN
dem-4211	2	4	is	be	AUX
dem-4211	2	5	applied	apply	VERB
dem-4211	2	6	for	for	ADP
dem-4211	2	7	estimation	estimation	NOUN
dem-4211	2	8	of	of	ADP
dem-4211	2	9	risk	risk	NOUN
dem-4211	2	10	measures	measure	NOUN
dem-4211	2	11	(	(	PUNCT
dem-4211	2	12	var	var	NOUN
dem-4211	2	13	and	and	CCONJ
dem-4211	2	14	es	es	NOUN
dem-4211	2	15	)	)	PUNCT
dem-4211	2	16	in	in	ADP
dem-4211	2	17	financial	financial	ADJ
dem-4211	2	18	time	time	NOUN
dem-4211	2	19	series	series	PROPN
dem-4211	2	20	.	.	PUNCT
dem-4211	3	1	for	for	ADP
dem-4211	3	2	the	the	DET
dem-4211	3	3	empirical	empirical	ADJ
dem-4211	3	4	analysis	analysis	NOUN
dem-4211	3	5	the	the	DET
dem-4211	3	6	financial	financial	ADJ
dem-4211	3	7	risk	risk	NOUN
dem-4211	3	8	model	model	NOUN
dem-4211	3	9	evaluation	evaluation	NOUN
dem-4211	3	10	was	be	AUX
dem-4211	3	11	conducted	conduct	VERB
dem-4211	3	12	.	.	PUNCT
dem-4211	4	1	in	in	ADP
dem-4211	4	2	this	this	DET
dem-4211	4	3	paper	paper	NOUN
dem-4211	4	4	the	the	DET
dem-4211	4	5	pot	pot	NOUN
dem-4211	4	6	method	method	NOUN
dem-4211	4	7	was	be	AUX
dem-4211	4	8	compared	compare	VERB
dem-4211	4	9	with	with	ADP
dem-4211	4	10	standard	standard	ADJ
dem-4211	4	11	volatility	volatility	NOUN
dem-4211	4	12	models	model	NOUN
dem-4211	4	13	(	(	PUNCT
dem-4211	4	14	garch	garch	NOUN
dem-4211	4	15	and	and	CCONJ
dem-4211	4	16	sv	sv	NOUN
dem-4211	4	17	)	)	PUNCT
dem-4211	4	18	in	in	ADP
dem-4211	4	19	case	case	NOUN
dem-4211	4	20	of	of	ADP
dem-4211	4	21	the	the	DET
dem-4211	4	22	conditional	conditional	ADJ
dem-4211	4	23	modeling	modeling	NOUN
dem-4211	4	24	.	.	PUNCT
dem-4211	5	1	k	k	PROPN
dem-4211	5	2	e	e	PROPN
dem-4211	5	3	y	y	PROPN
dem-4211	5	4	w	w	NOUN
dem-4211	5	5	o	o	NOUN
dem-4211	5	6	r	r	NOUN
dem-4211	5	7	d	d	X
dem-4211	5	8	s	s	NOUN
dem-4211	5	9	:	:	PUNCT
dem-4211	5	10	extreme	extreme	ADJ
dem-4211	5	11	value	value	NOUN
dem-4211	5	12	theory	theory	NOUN
dem-4211	5	13	,	,	PUNCT
dem-4211	5	14	peaks	peak	NOUN
dem-4211	5	15	over	over	ADP
dem-4211	5	16	threshold	threshold	NOUN
dem-4211	5	17	,	,	PUNCT
dem-4211	5	18	value	value	NOUN
dem-4211	5	19	-	-	PUNCT
dem-4211	5	20	at	at	ADP
dem-4211	5	21	-	-	PUNCT
dem-4211	5	22	risk	risk	NOUN
dem-4211	5	23	,	,	PUNCT
dem-4211	5	24	expected	expect	VERB
dem-4211	5	25	shortfall	shortfall	NOUN
dem-4211	5	26	.	.	PUNCT
dem-4211	6	1	1	1	X
dem-4211	6	2	.	.	X
dem-4211	6	3	introduction	introduction	NOUN
dem-4211	6	4	current	current	ADJ
dem-4211	6	5	literature	literature	NOUN
dem-4211	6	6	in	in	ADP
dem-4211	6	7	the	the	DET
dem-4211	6	8	area	area	NOUN
dem-4211	6	9	of	of	ADP
dem-4211	6	10	risk	risk	NOUN
dem-4211	6	11	management	management	NOUN
dem-4211	6	12	is	be	AUX
dem-4211	6	13	very	very	ADV
dem-4211	6	14	extensive	extensive	ADJ
dem-4211	6	15	(	(	PUNCT
dem-4211	6	16	szegö	szegö	ADJ
dem-4211	6	17	,	,	PUNCT
dem-4211	6	18	2004	2004	NUM
dem-4211	6	19	)	)	PUNCT
dem-4211	6	20	and	and	CCONJ
dem-4211	6	21	results	result	NOUN
dem-4211	6	22	are	be	AUX
dem-4211	6	23	frequently	frequently	ADV
dem-4211	6	24	ambiguous	ambiguous	ADJ
dem-4211	6	25	.	.	PUNCT
dem-4211	7	1	the	the	DET
dem-4211	7	2	existing	exist	VERB
dem-4211	7	3	approaches	approach	NOUN
dem-4211	7	4	for	for	ADP
dem-4211	7	5	estimating	estimate	VERB
dem-4211	7	6	the	the	DET
dem-4211	7	7	profit	profit	NOUN
dem-4211	7	8	/	/	SYM
dem-4211	7	9	loss	loss	NOUN
dem-4211	7	10	distribution	distribution	NOUN
dem-4211	7	11	of	of	ADP
dem-4211	7	12	a	a	DET
dem-4211	7	13	portfolio	portfolio	NOUN
dem-4211	7	14	of	of	ADP
dem-4211	7	15	financial	financial	ADJ
dem-4211	7	16	instruments	instrument	NOUN
dem-4211	7	17	can	can	AUX
dem-4211	7	18	be	be	AUX
dem-4211	7	19	schematically	schematically	ADV
dem-4211	7	20	divided	divide	VERB
dem-4211	7	21	into	into	ADP
dem-4211	7	22	three	three	NUM
dem-4211	7	23	groups	group	NOUN
dem-4211	7	24	:	:	PUNCT
dem-4211	7	25	nonparametric	nonparametric	PROPN
dem-4211	7	26	historical	historical	ADJ
dem-4211	7	27	simulation	simulation	NOUN
dem-4211	7	28	methods	method	NOUN
dem-4211	7	29	,	,	PUNCT
dem-4211	7	30	parametric	parametric	ADJ
dem-4211	7	31	methods	method	NOUN
dem-4211	7	32	based	base	VERB
dem-4211	7	33	on	on	ADP
dem-4211	7	34	volatility	volatility	NOUN
dem-4211	7	35	models	model	NOUN
dem-4211	7	36	(	(	PUNCT
dem-4211	7	37	garch	garch	NOUN
dem-4211	7	38	type	type	NOUN
dem-4211	7	39	models	model	NOUN
dem-4211	7	40	)	)	PUNCT
dem-4211	7	41	and	and	CCONJ
dem-4211	7	42	methods	method	NOUN
dem-4211	7	43	based	base	VERB
dem-4211	7	44	on	on	ADP
dem-4211	7	45	the	the	DET
dem-4211	7	46	extreme	extreme	ADJ
dem-4211	7	47	value	value	NOUN
dem-4211	7	48	theory	theory	NOUN
dem-4211	7	49	.	.	PUNCT
dem-4211	8	1	this	this	DET
dem-4211	8	2	work	work	NOUN
dem-4211	8	3	focuses	focus	VERB
dem-4211	8	4	on	on	ADP
dem-4211	8	5	methods	method	NOUN
dem-4211	8	6	based	base	VERB
dem-4211	8	7	on	on	ADP
dem-4211	8	8	volatility	volatility	NOUN
dem-4211	8	9	models	model	NOUN
dem-4211	8	10	and	and	CCONJ
dem-4211	8	11	peaks	peak	NOUN
dem-4211	8	12	over	over	ADP
dem-4211	8	13	threshold	threshold	NOUN
dem-4211	8	14	(	(	PUNCT
dem-4211	8	15	pot	pot	NOUN
dem-4211	8	16	)	)	PUNCT
dem-4211	8	17	method	method	NOUN
dem-4211	8	18	.	.	PUNCT
dem-4211	9	1	previous	previous	ADJ
dem-4211	9	2	results	result	NOUN
dem-4211	9	3	from	from	ADP
dem-4211	9	4	papers	paper	NOUN
dem-4211	9	5	which	which	PRON
dem-4211	9	6	applied	apply	VERB
dem-4211	9	7	the	the	DET
dem-4211	9	8	pot	pot	NOUN
dem-4211	9	9	method	method	NOUN
dem-4211	9	10	in	in	ADP
dem-4211	9	11	risk	risk	NOUN
dem-4211	9	12	management	management	NOUN
dem-4211	9	13	were	be	AUX
dem-4211	9	14	the	the	DET
dem-4211	9	15	main	main	ADJ
dem-4211	9	16	motivation	motivation	NOUN
dem-4211	9	17	to	to	PART
dem-4211	9	18	deal	deal	VERB
dem-4211	9	19	with	with	ADP
dem-4211	9	20	a	a	DET
dem-4211	9	21	problem	problem	NOUN
dem-4211	9	22	of	of	ADP
dem-4211	9	23	extremes	extreme	NOUN
dem-4211	9	24	in	in	ADP
dem-4211	9	25	financial	financial	ADJ
dem-4211	9	26	time	time	NOUN
dem-4211	9	27	series	series	NOUN
dem-4211	9	28	.	.	PUNCT
dem-4211	10	1	the	the	DET
dem-4211	10	2	main	main	ADJ
dem-4211	10	3	aim	aim	NOUN
dem-4211	10	4	of	of	ADP
dem-4211	10	5	this	this	DET
dem-4211	10	6	paper	paper	NOUN
dem-4211	10	7	is	be	AUX
dem-4211	10	8	to	to	PART
dem-4211	10	9	propose	propose	VERB
dem-4211	10	10	and	and	CCONJ
dem-4211	10	11	analyse	analyse	VERB
dem-4211	10	12	more	more	ADV
dem-4211	10	13	complex	complex	ADJ
dem-4211	10	14	approach	approach	NOUN
dem-4211	10	15	taking	take	VERB
dem-4211	10	16	into	into	ADP
dem-4211	10	17	account	account	NOUN
dem-4211	10	18	extremes	extreme	NOUN
dem-4211	10	19	and	and	CCONJ
dem-4211	10	20	non	non	NOUN
dem-4211	10	21	-	-	NOUN
dem-4211	10	22	extremes	extreme	NOUN
dem-4211	10	23	in	in	ADP
dem-4211	10	24	risk	risk	NOUN
dem-4211	10	25	management	management	NOUN
dem-4211	10	26	of	of	ADP
dem-4211	10	27	financial	financial	ADJ
dem-4211	10	28	time	time	NOUN
dem-4211	10	29	series	series	NOUN
dem-4211	10	30	.	.	PUNCT
dem-4211	11	1	most	most	ADJ
dem-4211	11	2	of	of	ADP
dem-4211	11	3	the	the	DET
dem-4211	11	4	attention	attention	NOUN
dem-4211	11	5	is	be	AUX
dem-4211	11	6	focused	focus	VERB
dem-4211	11	7	on	on	ADP
dem-4211	11	8	the	the	DET
dem-4211	11	9	new	new	ADJ
dem-4211	11	10	approach	approach	NOUN
dem-4211	11	11	proposed	propose	VERB
dem-4211	11	12	in	in	ADP
dem-4211	11	13	this	this	DET
dem-4211	11	14	paper	paper	NOUN
dem-4211	11	15	.	.	PUNCT
dem-4211	12	1	2	2	X
dem-4211	12	2	.	.	X
dem-4211	12	3	the	the	DET
dem-4211	12	4	pot	pot	NOUN
dem-4211	12	5	method	method	NOUN
dem-4211	12	6	and	and	CCONJ
dem-4211	12	7	volatility	volatility	NOUN
dem-4211	12	8	models	model	NOUN
dem-4211	12	9	in	in	ADP
dem-4211	12	10	the	the	DET
dem-4211	12	11	peaks	peak	NOUN
dem-4211	12	12	over	over	ADP
dem-4211	12	13	threshold	threshold	NOUN
dem-4211	12	14	method	method	NOUN
dem-4211	12	15	we	we	PRON
dem-4211	12	16	are	be	AUX
dem-4211	12	17	interested	interested	ADJ
dem-4211	12	18	in	in	ADP
dem-4211	12	19	excesses	excess	NOUN
dem-4211	12	20	over	over	ADP
dem-4211	12	21	a	a	DET
dem-4211	12	22	high	high	ADJ
dem-4211	12	23	threshold	threshold	NOUN
dem-4211	12	24	value	value	NOUN
dem-4211	12	25	u	u	NOUN
dem-4211	12	26	.	.	PUNCT
dem-4211	13	1	detailed	detailed	ADJ
dem-4211	13	2	description	description	NOUN
dem-4211	13	3	of	of	ADP
dem-4211	13	4	pot	pot	NOUN
dem-4211	13	5	method	method	NOUN
dem-4211	13	6	can	can	AUX
dem-4211	13	7	be	be	AUX
dem-4211	13	8	found	find	VERB
dem-4211	13	9	in	in	ADP
dem-4211	13	10	:	:	PUNCT
dem-4211	13	11	marcin	marcin	PROPN
dem-4211	13	12	fałdziński	fałdziński	VERB
dem-4211	13	13	120	120	NUM
dem-4211	13	14	embrechts	embrecht	NOUN
dem-4211	13	15	,	,	PUNCT
dem-4211	13	16	klüppelberg	klüppelberg	PROPN
dem-4211	13	17	,	,	PUNCT
dem-4211	13	18	mikosch	mikosch	PROPN
dem-4211	13	19	(	(	PUNCT
dem-4211	13	20	2003	2003	NUM
dem-4211	13	21	)	)	PUNCT
dem-4211	13	22	or	or	CCONJ
dem-4211	13	23	osińska	osińska	NOUN
dem-4211	13	24	,	,	PUNCT
dem-4211	13	25	fałdziński	fałdziński	NOUN
dem-4211	13	26	(	(	PUNCT
dem-4211	13	27	2008	2008	NUM
dem-4211	13	28	)	)	PUNCT
dem-4211	13	29	.	.	PUNCT
dem-4211	14	1	here	here	ADV
dem-4211	14	2	will	will	AUX
dem-4211	14	3	be	be	AUX
dem-4211	14	4	presented	present	VERB
dem-4211	14	5	mcneil	mcneil	PROPN
dem-4211	14	6	and	and	CCONJ
dem-4211	14	7	frey	frey	PROPN
dem-4211	14	8	's	's	PART
dem-4211	14	9	approach	approach	NOUN
dem-4211	14	10	,	,	PUNCT
dem-4211	14	11	which	which	PRON
dem-4211	14	12	joint	joint	ADJ
dem-4211	14	13	volatility	volatility	NOUN
dem-4211	14	14	models	model	NOUN
dem-4211	14	15	and	and	CCONJ
dem-4211	14	16	pot	pot	NOUN
dem-4211	14	17	method	method	NOUN
dem-4211	14	18	.	.	PUNCT
dem-4211	15	1	we	we	PRON
dem-4211	15	2	assume	assume	VERB
dem-4211	15	3	that	that	SCONJ
dem-4211	15	4	tx	tx	PROPN
dem-4211	15	5	is	be	AUX
dem-4211	15	6	a	a	DET
dem-4211	15	7	time	time	NOUN
dem-4211	15	8	series	series	NOUN
dem-4211	15	9	representing	represent	VERB
dem-4211	15	10	daily	daily	ADJ
dem-4211	15	11	observations	observation	NOUN
dem-4211	15	12	of	of	ADP
dem-4211	15	13	log	log	NOUN
dem-4211	15	14	return	return	NOUN
dem-4211	15	15	on	on	ADP
dem-4211	15	16	a	a	DET
dem-4211	15	17	financial	financial	ADJ
dem-4211	15	18	asset	asset	NOUN
dem-4211	15	19	price	price	NOUN
dem-4211	15	20	.	.	PUNCT
dem-4211	16	1	we	we	PRON
dem-4211	16	2	assume	assume	VERB
dem-4211	16	3	that	that	SCONJ
dem-4211	16	4	dynamics	dynamic	NOUN
dem-4211	16	5	of	of	ADP
dem-4211	16	6	x	x	NOUN
dem-4211	16	7	process	process	NOUN
dem-4211	16	8	is	be	AUX
dem-4211	16	9	given	give	VERB
dem-4211	16	10	as	as	ADP
dem-4211	16	11	:	:	PUNCT
dem-4211	16	12	t	t	PROPN
dem-4211	16	13	t	t	PROPN
dem-4211	16	14	t	t	PROPN
dem-4211	16	15	tx	tx	PROPN
dem-4211	16	16	zμ	zμ	PROPN
dem-4211	16	17	σ=	σ=	NOUN
dem-4211	16	18	+	+	CCONJ
dem-4211	16	19	,	,	PUNCT
dem-4211	16	20	(	(	PUNCT
dem-4211	16	21	1	1	X
dem-4211	16	22	)	)	PUNCT
dem-4211	16	23	where	where	SCONJ
dem-4211	16	24	innovations	innovation	NOUN
dem-4211	16	25	tz	tz	VERB
dem-4211	16	26	are	be	AUX
dem-4211	16	27	the	the	DET
dem-4211	16	28	white	white	ADJ
dem-4211	16	29	noise	noise	NOUN
dem-4211	16	30	process	process	NOUN
dem-4211	16	31	with	with	ADP
dem-4211	16	32	zero	zero	NUM
dem-4211	16	33	mean	mean	NOUN
dem-4211	16	34	and	and	CCONJ
dem-4211	16	35	unit	unit	NOUN
dem-4211	16	36	variance	variance	NOUN
dem-4211	16	37	.	.	PUNCT
dem-4211	17	1	we	we	PRON
dem-4211	17	2	assume	assume	VERB
dem-4211	17	3	that	that	SCONJ
dem-4211	17	4	tμ	tμ	ADV
dem-4211	17	5	is	be	AUX
dem-4211	17	6	the	the	DET
dem-4211	17	7	expected	expect	VERB
dem-4211	17	8	return	return	NOUN
dem-4211	17	9	and	and	CCONJ
dem-4211	17	10	tσ	tσ	PROPN
dem-4211	17	11	is	be	AUX
dem-4211	17	12	the	the	DET
dem-4211	17	13	volatility	volatility	NOUN
dem-4211	17	14	of	of	ADP
dem-4211	17	15	the	the	DET
dem-4211	17	16	return	return	NOUN
dem-4211	17	17	,	,	PUNCT
dem-4211	17	18	where	where	SCONJ
dem-4211	17	19	both	both	PRON
dem-4211	17	20	are	be	AUX
dem-4211	17	21	measurable	measurable	ADJ
dem-4211	17	22	to	to	ADP
dem-4211	17	23	information	information	NOUN
dem-4211	17	24	set	set	VERB
dem-4211	17	25	1	1	NUM
dem-4211	17	26	t	t	NOUN
dem-4211	17	27	−f	−f	NOUN
dem-4211	17	28	at	at	ADP
dem-4211	17	29	time	time	NOUN
dem-4211	17	30	1	1	NUM
dem-4211	17	31	t	t	NOUN
dem-4211	17	32	−	−	NOUN
dem-4211	17	33	.	.	PUNCT
dem-4211	18	1	to	to	PART
dem-4211	18	2	implement	implement	VERB
dem-4211	18	3	an	an	DET
dem-4211	18	4	estimation	estimation	NOUN
dem-4211	18	5	procedure	procedure	NOUN
dem-4211	18	6	for	for	ADP
dem-4211	18	7	the	the	DET
dem-4211	18	8	process	process	NOUN
dem-4211	18	9	(	(	PUNCT
dem-4211	18	10	1	1	NUM
dem-4211	18	11	)	)	PUNCT
dem-4211	18	12	,	,	PUNCT
dem-4211	18	13	we	we	PRON
dem-4211	18	14	need	need	VERB
dem-4211	18	15	to	to	PART
dem-4211	18	16	choose	choose	VERB
dem-4211	18	17	a	a	DET
dem-4211	18	18	dynamic	dynamic	ADJ
dem-4211	18	19	conditional	conditional	ADJ
dem-4211	18	20	mean	mean	NOUN
dem-4211	18	21	as	as	ADV
dem-4211	18	22	well	well	ADV
dem-4211	18	23	as	as	ADP
dem-4211	18	24	a	a	DET
dem-4211	18	25	conditional	conditional	ADJ
dem-4211	18	26	variance	variance	NOUN
dem-4211	18	27	model	model	NOUN
dem-4211	18	28	.	.	PUNCT
dem-4211	19	1	many	many	ADJ
dem-4211	19	2	volatility	volatility	NOUN
dem-4211	19	3	models	model	NOUN
dem-4211	19	4	were	be	AUX
dem-4211	19	5	proposed	propose	VERB
dem-4211	19	6	in	in	ADP
dem-4211	19	7	econometric	econometric	ADJ
dem-4211	19	8	literature	literature	NOUN
dem-4211	19	9	,	,	PUNCT
dem-4211	19	10	from	from	ADP
dem-4211	19	11	arch	arch	ADJ
dem-4211	19	12	/	/	SYM
dem-4211	19	13	garch	garch	NOUN
dem-4211	19	14	models	model	NOUN
dem-4211	19	15	,	,	PUNCT
dem-4211	19	16	and	and	CCONJ
dem-4211	19	17	their	their	PRON
dem-4211	19	18	different	different	ADJ
dem-4211	19	19	modifications	modification	NOUN
dem-4211	19	20	and	and	CCONJ
dem-4211	19	21	generalization	generalization	NOUN
dem-4211	19	22	,	,	PUNCT
dem-4211	19	23	to	to	ADP
dem-4211	19	24	sv	sv	PROPN
dem-4211	19	25	models	model	NOUN
dem-4211	19	26	.	.	PUNCT
dem-4211	20	1	mcneil	mcneil	PROPN
dem-4211	20	2	and	and	CCONJ
dem-4211	20	3	frey	frey	PROPN
dem-4211	20	4	defined	define	VERB
dem-4211	20	5	simple	simple	ADJ
dem-4211	20	6	risk	risk	NOUN
dem-4211	20	7	measures	measure	NOUN
dem-4211	20	8	forms	form	NOUN
dem-4211	20	9	for	for	ADP
dem-4211	20	10	one	one	NUM
dem-4211	20	11	day	day	NOUN
dem-4211	20	12	horizon	horizon	NOUN
dem-4211	20	13	with	with	ADP
dem-4211	20	14	relation	relation	NOUN
dem-4211	20	15	to	to	PART
dem-4211	20	16	process	process	VERB
dem-4211	20	17	(	(	PUNCT
dem-4211	20	18	1	1	NUM
dem-4211	20	19	)	)	PUNCT
dem-4211	20	20	as	as	ADP
dem-4211	20	21	:	:	SYM
dem-4211	20	22	1	1	NUM
dem-4211	20	23	1	1	NUM
dem-4211	20	24	(	(	PUNCT
dem-4211	20	25	)	)	PUNCT
dem-4211	20	26	t	t	PROPN
dem-4211	20	27	q	q	PROPN
dem-4211	20	28	t	t	PROPN
dem-4211	20	29	t	t	PROPN
dem-4211	20	30	qvar	qvar	PROPN
dem-4211	20	31	var	var	NOUN
dem-4211	20	32	zμ	zμ	INTJ
dem-4211	20	33	σ+	σ+	VERB
dem-4211	21	1	+	+	NOUN
dem-4211	21	2	=	=	X
dem-4211	21	3	+	+	NUM
dem-4211	21	4	,	,	PUNCT
dem-4211	21	5	(	(	PUNCT
dem-4211	21	6	2	2	NUM
dem-4211	21	7	)	)	PUNCT
dem-4211	21	8	1	1	NUM
dem-4211	21	9	1	1	NUM
dem-4211	21	10	(	(	PUNCT
dem-4211	21	11	)	)	PUNCT
dem-4211	21	12	t	t	PROPN
dem-4211	21	13	q	q	PROPN
dem-4211	21	14	t	t	PROPN
dem-4211	21	15	t	t	X
dem-4211	21	16	qes	qes	PROPN
dem-4211	21	17	es	es	X
dem-4211	21	18	zμ	zμ	PROPN
dem-4211	21	19	σ+	σ+	NOUN
dem-4211	21	20	+	+	NOUN
dem-4211	22	1	=	=	X
dem-4211	23	1	+	+	NUM
dem-4211	23	2	,	,	PUNCT
dem-4211	23	3	(	(	PUNCT
dem-4211	23	4	3	3	NUM
dem-4211	23	5	)	)	PUNCT
dem-4211	23	6	where	where	SCONJ
dem-4211	23	7	(	(	PUNCT
dem-4211	23	8	)	)	PUNCT
dem-4211	23	9	t	t	PROPN
dem-4211	23	10	qvar	qvar	PROPN
dem-4211	23	11	z	z	PROPN
dem-4211	23	12	is	be	AUX
dem-4211	23	13	the	the	DET
dem-4211	23	14	value	value	NOUN
dem-4211	23	15	-	-	PUNCT
dem-4211	23	16	at	at	ADP
dem-4211	23	17	-	-	PUNCT
dem-4211	23	18	risk	risk	NOUN
dem-4211	23	19	of	of	ADP
dem-4211	23	20	tz	tz	NOUN
dem-4211	23	21	process	process	NOUN
dem-4211	23	22	,	,	PUNCT
dem-4211	23	23	and	and	CCONJ
dem-4211	23	24	(	(	PUNCT
dem-4211	23	25	)	)	PUNCT
dem-4211	23	26	t	t	PROPN
dem-4211	23	27	qes	qes	PROPN
dem-4211	23	28	z	z	PROPN
dem-4211	23	29	is	be	AUX
dem-4211	23	30	the	the	DET
dem-4211	23	31	corresponding	corresponding	ADJ
dem-4211	23	32	expected	expect	VERB
dem-4211	23	33	shortfall	shortfall	NOUN
dem-4211	23	34	.	.	PUNCT
dem-4211	24	1	the	the	DET
dem-4211	24	2	method	method	NOUN
dem-4211	24	3	proposed	propose	VERB
dem-4211	24	4	by	by	ADP
dem-4211	24	5	them	they	PRON
dem-4211	24	6	demands	demand	VERB
dem-4211	24	7	minimal	minimal	ADJ
dem-4211	24	8	assumptions	assumption	NOUN
dem-4211	24	9	for	for	ADP
dem-4211	24	10	innovations	innovation	NOUN
dem-4211	24	11	distribution	distribution	NOUN
dem-4211	24	12	and	and	CCONJ
dem-4211	24	13	focus	focus	VERB
dem-4211	24	14	on	on	ADP
dem-4211	24	15	modeling	model	VERB
dem-4211	24	16	distribution	distribution	NOUN
dem-4211	24	17	tails	tail	NOUN
dem-4211	24	18	using	use	VERB
dem-4211	24	19	extreme	extreme	ADJ
dem-4211	24	20	value	value	NOUN
dem-4211	24	21	theory	theory	NOUN
dem-4211	24	22	.	.	PUNCT
dem-4211	25	1	generally	generally	ADV
dem-4211	25	2	we	we	PRON
dem-4211	25	3	can	can	AUX
dem-4211	25	4	say	say	VERB
dem-4211	25	5	,	,	PUNCT
dem-4211	25	6	that	that	SCONJ
dem-4211	25	7	we	we	PRON
dem-4211	25	8	use	use	VERB
dem-4211	25	9	two	two	NUM
dem-4211	25	10	stage	stage	NOUN
dem-4211	25	11	approach	approach	NOUN
dem-4211	25	12	,	,	PUNCT
dem-4211	25	13	which	which	PRON
dem-4211	25	14	can	can	AUX
dem-4211	25	15	be	be	AUX
dem-4211	25	16	presented	present	VERB
dem-4211	25	17	in	in	ADP
dem-4211	25	18	the	the	DET
dem-4211	25	19	following	follow	VERB
dem-4211	25	20	steps	step	NOUN
dem-4211	25	21	:	:	PUNCT
dem-4211	25	22	1	1	X
dem-4211	25	23	.	.	X
dem-4211	25	24	fit	fit	VERB
dem-4211	25	25	a	a	DET
dem-4211	25	26	garch	garch	NOUN
dem-4211	25	27	-	-	PUNCT
dem-4211	25	28	type	type	NOUN
dem-4211	25	29	model	model	NOUN
dem-4211	25	30	(	(	PUNCT
dem-4211	25	31	generally	generally	ADV
dem-4211	25	32	volatility	volatility	NOUN
dem-4211	25	33	model	model	NOUN
dem-4211	25	34	)	)	PUNCT
dem-4211	25	35	to	to	PART
dem-4211	25	36	return	return	VERB
dem-4211	25	37	series	series	NOUN
dem-4211	25	38	.	.	PUNCT
dem-4211	26	1	estimate	estimate	VERB
dem-4211	26	2	1tμ	1tμ	NOUN
dem-4211	27	1	+	+	CCONJ
dem-4211	27	2	and	and	CCONJ
dem-4211	27	3	1tσ	1tσ	NOUN
dem-4211	28	1	+	+	CCONJ
dem-4211	28	2	using	use	VERB
dem-4211	28	3	fitted	fit	VERB
dem-4211	28	4	model	model	NOUN
dem-4211	28	5	and	and	CCONJ
dem-4211	28	6	calculate	calculate	VERB
dem-4211	28	7	standardized	standardized	ADJ
dem-4211	28	8	residuals	residual	NOUN
dem-4211	28	9	.	.	PUNCT
dem-4211	29	1	it	it	PRON
dem-4211	29	2	means	mean	VERB
dem-4211	29	3	,	,	PUNCT
dem-4211	29	4	that	that	SCONJ
dem-4211	29	5	fitted	fit	VERB
dem-4211	29	6	model	model	NOUN
dem-4211	29	7	is	be	AUX
dem-4211	29	8	used	use	VERB
dem-4211	29	9	to	to	PART
dem-4211	29	10	estimate	estimate	VERB
dem-4211	29	11	one	one	NUM
dem-4211	29	12	-	-	PUNCT
dem-4211	29	13	day	day	NOUN
dem-4211	29	14	ahead	ahead	ADJ
dem-4211	29	15	predictions	prediction	NOUN
dem-4211	29	16	of	of	ADP
dem-4211	29	17	1tμ	1tμ	NOUN
dem-4211	29	18	+	+	CCONJ
dem-4211	29	19	and	and	CCONJ
dem-4211	29	20	1tσ	1tσ	NOUN
dem-4211	30	1	+	+	X
dem-4211	30	2	.	.	NOUN
dem-4211	31	1	2	2	X
dem-4211	31	2	.	.	X
dem-4211	31	3	evt	evt	PROPN
dem-4211	31	4	is	be	AUX
dem-4211	31	5	used	use	VERB
dem-4211	31	6	to	to	PART
dem-4211	31	7	estimate	estimate	VERB
dem-4211	31	8	(	(	PUNCT
dem-4211	31	9	)	)	PUNCT
dem-4211	31	10	qvar	qvar	PROPN
dem-4211	31	11	z	z	PROPN
dem-4211	31	12	and	and	CCONJ
dem-4211	31	13	(	(	PUNCT
dem-4211	31	14	)	)	PUNCT
dem-4211	31	15	qes	qes	PROPN
dem-4211	31	16	z	z	PROPN
dem-4211	31	17	with	with	ADP
dem-4211	31	18	application	application	NOUN
dem-4211	31	19	of	of	ADP
dem-4211	31	20	pot	pot	NOUN
dem-4211	31	21	method	method	NOUN
dem-4211	31	22	for	for	ADP
dem-4211	31	23	mentioned	mention	VERB
dem-4211	31	24	residuals	residual	NOUN
dem-4211	31	25	.	.	PUNCT
dem-4211	32	1	a	a	DET
dem-4211	32	2	value	value	NOUN
dem-4211	32	3	-	-	PUNCT
dem-4211	32	4	at	at	ADP
dem-4211	32	5	-	-	PUNCT
dem-4211	32	6	risk	risk	NOUN
dem-4211	32	7	in	in	ADP
dem-4211	32	8	the	the	DET
dem-4211	32	9	evt	evt	NOUN
dem-4211	32	10	for	for	ADP
dem-4211	32	11	the	the	DET
dem-4211	32	12	peaks	peak	NOUN
dem-4211	32	13	over	over	ADP
dem-4211	32	14	threshold	threshold	NOUN
dem-4211	32	15	method	method	NOUN
dem-4211	32	16	is	be	AUX
dem-4211	32	17	equal	equal	ADJ
dem-4211	32	18	:	:	PUNCT
dem-4211	32	19	ˆ	ˆ	PRON
dem-4211	32	20	ˆ	ˆ	ADV
dem-4211	32	21	(	(	PUNCT
dem-4211	32	22	)	)	PUNCT
dem-4211	32	23	1	1	NUM
dem-4211	32	24	ˆ	ˆ	X
dem-4211	32	25	u	u	NOUN
dem-4211	32	26	nvar	nvar	NOUN
dem-4211	32	27	u	u	PROPN
dem-4211	32	28	n	n	CCONJ
dem-4211	32	29	γ	γ	VERB
dem-4211	32	30	σα	σα	PROPN
dem-4211	32	31	α	α	NOUN
dem-4211	32	32	γ	γ	X
dem-4211	32	33	−⎛	−⎛	X
dem-4211	32	34	⎞⎛	⎞⎛	PROPN
dem-4211	32	35	⎞	⎞	PROPN
dem-4211	32	36	⎜	⎜	PROPN
dem-4211	32	37	⎟=	⎟=	PROPN
dem-4211	33	1	+	+	CCONJ
dem-4211	33	2	−⎜	−⎜	PROPN
dem-4211	33	3	⎟⎜	⎟⎜	PROPN
dem-4211	33	4	⎟⎝	⎟⎝	PROPN
dem-4211	33	5	⎠⎝	⎠⎝	PROPN
dem-4211	33	6	⎠	⎠	NOUN
dem-4211	33	7	,	,	PUNCT
dem-4211	33	8	(	(	PUNCT
dem-4211	33	9	4	4	X
dem-4211	33	10	)	)	PUNCT
dem-4211	33	11	where	where	SCONJ
dem-4211	33	12	α	α	NOUN
dem-4211	33	13	is	be	AUX
dem-4211	33	14	a	a	DET
dem-4211	33	15	tolerance	tolerance	NOUN
dem-4211	33	16	level	level	NOUN
dem-4211	33	17	,	,	PUNCT
dem-4211	33	18	u	u	NOUN
dem-4211	33	19	is	be	AUX
dem-4211	33	20	a	a	DET
dem-4211	33	21	threshold	threshold	NOUN
dem-4211	33	22	,	,	PUNCT
dem-4211	33	23	ˆ	ˆ	PROPN
dem-4211	33	24	ˆ,γ	ˆ,γ	PROPN
dem-4211	33	25	σ	σ	NOUN
dem-4211	33	26	are	be	AUX
dem-4211	33	27	estimated	estimate	VERB
dem-4211	33	28	parameters	parameter	NOUN
dem-4211	33	29	from	from	ADP
dem-4211	33	30	generalised	generalise	VERB
dem-4211	33	31	pareto	pareto	ADJ
dem-4211	33	32	distribution	distribution	NOUN
dem-4211	33	33	(	(	PUNCT
dem-4211	33	34	gpd	gpd	NOUN
dem-4211	33	35	)	)	PUNCT
dem-4211	33	36	,	,	PUNCT
dem-4211	33	37	n	n	PRON
dem-4211	33	38	is	be	AUX
dem-4211	33	39	the	the	DET
dem-4211	33	40	total	total	ADJ
dem-4211	33	41	number	number	NOUN
dem-4211	33	42	of	of	ADP
dem-4211	33	43	realizations	realization	NOUN
dem-4211	33	44	and	and	CCONJ
dem-4211	33	45	un	un	PROPN
dem-4211	33	46	is	be	AUX
dem-4211	33	47	number	number	NOUN
dem-4211	33	48	of	of	ADP
dem-4211	33	49	extremes	extreme	NOUN
dem-4211	33	50	.	.	PUNCT
dem-4211	34	1	because	because	SCONJ
dem-4211	34	2	of	of	ADP
dem-4211	34	3	var	var	NOUN
dem-4211	34	4	drawbacks	drawback	NOUN
dem-4211	34	5	the	the	DET
dem-4211	34	6	alternative	alternative	ADJ
dem-4211	34	7	risk	risk	NOUN
dem-4211	34	8	measure	measure	NOUN
dem-4211	34	9	was	be	AUX
dem-4211	34	10	developed	develop	VERB
dem-4211	34	11	,	,	PUNCT
dem-4211	34	12	which	which	PRON
dem-4211	34	13	is	be	AUX
dem-4211	34	14	called	call	VERB
dem-4211	34	15	expected	expected	ADJ
dem-4211	34	16	shortfall	shortfall	NOUN
dem-4211	34	17	(	(	PUNCT
dem-4211	34	18	es	es	NOUN
dem-4211	34	19	)	)	PUNCT
dem-4211	34	20	,	,	PUNCT
dem-4211	34	21	and	and	CCONJ
dem-4211	34	22	was	be	AUX
dem-4211	34	23	application	application	NOUN
dem-4211	34	24	of	of	ADP
dem-4211	34	25	modified	modify	VERB
dem-4211	34	26	pot	pot	NOUN
dem-4211	34	27	method	method	NOUN
dem-4211	34	28	with	with	ADP
dem-4211	34	29	volatility	volatility	NOUN
dem-4211	34	30	model	model	NOUN
dem-4211	34	31	…	…	PUNCT
dem-4211	34	32	121	121	NUM
dem-4211	34	33	proposed	propose	VERB
dem-4211	34	34	by	by	ADP
dem-4211	34	35	artzner	artzner	NOUN
dem-4211	34	36	et	et	PROPN
dem-4211	34	37	al	al	PROPN
dem-4211	34	38	.	.	PROPN
dem-4211	35	1	(	(	PUNCT
dem-4211	35	2	1997	1997	NUM
dem-4211	35	3	;	;	PUNCT
dem-4211	35	4	1999	1999	NUM
dem-4211	35	5	)	)	PUNCT
dem-4211	35	6	.	.	PUNCT
dem-4211	36	1	the	the	DET
dem-4211	36	2	expected	expect	VERB
dem-4211	36	3	shortfall	shortfall	NOUN
dem-4211	36	4	for	for	ADP
dem-4211	36	5	the	the	DET
dem-4211	36	6	peaks	peak	NOUN
dem-4211	36	7	over	over	ADP
dem-4211	36	8	threshold	threshold	NOUN
dem-4211	36	9	method	method	NOUN
dem-4211	36	10	is	be	AUX
dem-4211	36	11	given	give	VERB
dem-4211	36	12	by	by	ADP
dem-4211	36	13	:	:	PUNCT
dem-4211	36	14	ˆˆ	ˆˆ	PROPN
dem-4211	36	15	(	(	PUNCT
dem-4211	36	16	)	)	PUNCT
dem-4211	36	17	(	(	PUNCT
dem-4211	36	18	)	)	PUNCT
dem-4211	36	19	ˆ	ˆ	X
dem-4211	36	20	ˆ1	ˆ1	NOUN
dem-4211	36	21	1	1	NUM
dem-4211	36	22	var	var	NOUN
dem-4211	36	23	ues	ues	PROPN
dem-4211	36	24	α	α	PROPN
dem-4211	36	25	σ	σ	PROPN
dem-4211	36	26	γα	γα	ADP
dem-4211	36	27	γ	γ	X
dem-4211	36	28	γ	γ	X
dem-4211	36	29	−	−	PROPN
dem-4211	37	1	=	=	SYM
dem-4211	38	1	+	+	NUM
dem-4211	38	2	−	−	PROPN
dem-4211	38	3	−	−	NOUN
dem-4211	38	4	,	,	PUNCT
dem-4211	38	5	(	(	PUNCT
dem-4211	38	6	5	5	NUM
dem-4211	38	7	)	)	PUNCT
dem-4211	38	8	in	in	ADP
dem-4211	38	9	the	the	DET
dem-4211	38	10	literature	literature	NOUN
dem-4211	38	11	we	we	PRON
dem-4211	38	12	can	can	AUX
dem-4211	38	13	find	find	VERB
dem-4211	38	14	comparisons	comparison	NOUN
dem-4211	38	15	of	of	ADP
dem-4211	38	16	models	model	NOUN
dem-4211	38	17	which	which	PRON
dem-4211	38	18	estimate	estimate	VERB
dem-4211	38	19	var	var	NOUN
dem-4211	38	20	and	and	CCONJ
dem-4211	38	21	es	es	ADP
dem-4211	38	22	where	where	SCONJ
dem-4211	38	23	extreme	extreme	ADJ
dem-4211	38	24	value	value	NOUN
dem-4211	38	25	theory	theory	NOUN
dem-4211	38	26	is	be	AUX
dem-4211	38	27	applied	apply	VERB
dem-4211	38	28	(	(	PUNCT
dem-4211	38	29	i.e.	i.e.	X
dem-4211	38	30	brooks	brooks	PROPN
dem-4211	38	31	,	,	PUNCT
dem-4211	38	32	clare	clare	PROPN
dem-4211	38	33	,	,	PUNCT
dem-4211	38	34	dalle	dalle	NOUN
dem-4211	38	35	molle	molle	NOUN
dem-4211	38	36	,	,	PUNCT
dem-4211	38	37	persand	persand	NOUN
dem-4211	38	38	,	,	PUNCT
dem-4211	38	39	2005	2005	NUM
dem-4211	38	40	;	;	PUNCT
dem-4211	38	41	harmantzis	harmantzis	NOUN
dem-4211	38	42	,	,	PUNCT
dem-4211	38	43	miao	miao	NOUN
dem-4211	38	44	,	,	PUNCT
dem-4211	38	45	chien	chien	PROPN
dem-4211	38	46	,	,	PUNCT
dem-4211	38	47	2006	2006	NUM
dem-4211	38	48	;	;	PUNCT
dem-4211	38	49	kuester	kuester	NOUN
dem-4211	38	50	,	,	PUNCT
dem-4211	38	51	mittnik	mittnik	NOUN
dem-4211	38	52	,	,	PUNCT
dem-4211	38	53	paolella	paolella	NOUN
dem-4211	38	54	,	,	PUNCT
dem-4211	38	55	2006	2006	NUM
dem-4211	38	56	;	;	PUNCT
dem-4211	38	57	osińska	osińska	NOUN
dem-4211	38	58	,	,	PUNCT
dem-4211	38	59	fałdziński	fałdziński	NOUN
dem-4211	38	60	,	,	PUNCT
dem-4211	38	61	2008	2008	NUM
dem-4211	38	62	;	;	PUNCT
dem-4211	38	63	fałdziński	fałdziński	NOUN
dem-4211	38	64	,	,	PUNCT
dem-4211	38	65	2008	2008	NUM
dem-4211	38	66	)	)	PUNCT
dem-4211	38	67	.	.	PUNCT
dem-4211	39	1	in	in	ADP
dem-4211	39	2	all	all	PRON
dem-4211	39	3	of	of	ADP
dem-4211	39	4	these	these	DET
dem-4211	39	5	papers	paper	NOUN
dem-4211	39	6	authors	author	NOUN
dem-4211	39	7	find	find	VERB
dem-4211	39	8	,	,	PUNCT
dem-4211	39	9	that	that	SCONJ
dem-4211	39	10	evt	evt	PROPN
dem-4211	39	11	is	be	AUX
dem-4211	39	12	good	good	ADJ
dem-4211	39	13	or	or	CCONJ
dem-4211	39	14	very	very	ADV
dem-4211	39	15	good	good	ADJ
dem-4211	39	16	approach	approach	NOUN
dem-4211	39	17	to	to	PART
dem-4211	39	18	estimate	estimate	VERB
dem-4211	39	19	risk	risk	NOUN
dem-4211	39	20	measures	measure	NOUN
dem-4211	39	21	.	.	PUNCT
dem-4211	40	1	empirical	empirical	ADJ
dem-4211	40	2	results	result	NOUN
dem-4211	40	3	presented	present	VERB
dem-4211	40	4	in	in	ADP
dem-4211	40	5	these	these	DET
dem-4211	40	6	papers	paper	NOUN
dem-4211	40	7	show	show	VERB
dem-4211	40	8	that	that	SCONJ
dem-4211	40	9	volatility	volatility	NOUN
dem-4211	40	10	models	model	NOUN
dem-4211	40	11	with	with	ADP
dem-4211	40	12	application	application	NOUN
dem-4211	40	13	of	of	ADP
dem-4211	40	14	extreme	extreme	ADJ
dem-4211	40	15	value	value	NOUN
dem-4211	40	16	theory	theory	NOUN
dem-4211	40	17	more	more	ADV
dem-4211	40	18	accurately	accurately	ADV
dem-4211	40	19	estimate	estimate	VERB
dem-4211	40	20	expected	expect	VERB
dem-4211	40	21	future	future	ADJ
dem-4211	40	22	values	value	NOUN
dem-4211	40	23	of	of	ADP
dem-4211	40	24	asset	asset	NOUN
dem-4211	40	25	returns	return	NOUN
dem-4211	40	26	,	,	PUNCT
dem-4211	40	27	particularly	particularly	ADV
dem-4211	40	28	in	in	ADP
dem-4211	40	29	case	case	NOUN
dem-4211	40	30	of	of	ADP
dem-4211	40	31	extremely	extremely	ADV
dem-4211	40	32	rare	rare	ADJ
dem-4211	40	33	events	event	NOUN
dem-4211	40	34	(	(	PUNCT
dem-4211	40	35	i.e.	i.e.	X
dem-4211	40	36	extremes	extreme	NOUN
dem-4211	40	37	)	)	PUNCT
dem-4211	40	38	.	.	PUNCT
dem-4211	41	1	standard	standard	ADJ
dem-4211	41	2	volatility	volatility	NOUN
dem-4211	41	3	models	model	NOUN
dem-4211	41	4	better	well	ADV
dem-4211	41	5	fit	fit	ADJ
dem-4211	41	6	to	to	PART
dem-4211	41	7	mean	mean	VERB
dem-4211	41	8	values	value	NOUN
dem-4211	41	9	in	in	ADP
dem-4211	41	10	financial	financial	ADJ
dem-4211	41	11	time	time	NOUN
dem-4211	41	12	series	series	NOUN
dem-4211	41	13	in	in	ADP
dem-4211	41	14	contrast	contrast	NOUN
dem-4211	41	15	to	to	ADP
dem-4211	41	16	models	model	NOUN
dem-4211	41	17	with	with	ADP
dem-4211	41	18	evt	evt	PROPN
dem-4211	41	19	.	.	PUNCT
dem-4211	42	1	therefore	therefore	ADV
dem-4211	42	2	the	the	DET
dem-4211	42	3	new	new	ADJ
dem-4211	42	4	approach	approach	NOUN
dem-4211	42	5	is	be	AUX
dem-4211	42	6	based	base	VERB
dem-4211	42	7	on	on	ADP
dem-4211	42	8	such	such	ADJ
dem-4211	42	9	combination	combination	NOUN
dem-4211	42	10	,	,	PUNCT
dem-4211	42	11	that	that	SCONJ
dem-4211	42	12	extremes	extreme	NOUN
dem-4211	42	13	are	be	AUX
dem-4211	42	14	estimated	estimate	VERB
dem-4211	42	15	using	use	VERB
dem-4211	42	16	pot	pot	NOUN
dem-4211	42	17	method	method	NOUN
dem-4211	42	18	,	,	PUNCT
dem-4211	42	19	and	and	CCONJ
dem-4211	42	20	non	non	NOUN
dem-4211	42	21	-	-	NOUN
dem-4211	42	22	extremes	extreme	NOUN
dem-4211	42	23	are	be	AUX
dem-4211	42	24	estimated	estimate	VERB
dem-4211	42	25	using	use	VERB
dem-4211	42	26	standard	standard	ADJ
dem-4211	42	27	volatility	volatility	NOUN
dem-4211	42	28	models	model	NOUN
dem-4211	42	29	.	.	PUNCT
dem-4211	43	1	this	this	DET
dem-4211	43	2	combination	combination	NOUN
dem-4211	43	3	is	be	AUX
dem-4211	43	4	an	an	DET
dem-4211	43	5	attempt	attempt	NOUN
dem-4211	43	6	to	to	PART
dem-4211	43	7	identify	identify	VERB
dem-4211	43	8	extremes	extreme	NOUN
dem-4211	43	9	in	in	ADP
dem-4211	43	10	financial	financial	ADJ
dem-4211	43	11	time	time	NOUN
dem-4211	43	12	series	series	NOUN
dem-4211	43	13	.	.	PUNCT
dem-4211	44	1	the	the	DET
dem-4211	44	2	new	new	ADJ
dem-4211	44	3	approach	approach	NOUN
dem-4211	44	4	can	can	AUX
dem-4211	44	5	be	be	AUX
dem-4211	44	6	written	write	VERB
dem-4211	44	7	in	in	ADP
dem-4211	44	8	the	the	DET
dem-4211	44	9	following	following	NOUN
dem-4211	44	10	:	:	PUNCT
dem-4211	44	11	1	1	NUM
dem-4211	44	12	1	1	NUM
dem-4211	44	13	1	1	NUM
dem-4211	44	14	1	1	NUM
dem-4211	44	15	t	t	NOUN
dem-4211	44	16	t	t	NOUN
dem-4211	44	17	t	t	PROPN
dem-4211	44	18	t	t	PROPN
dem-4211	44	19	t	t	PROPN
dem-4211	44	20	t	t	PROPN
dem-4211	44	21	garch	garch	NOUN
dem-4211	44	22	pot	pot	NOUN
dem-4211	44	23	u	u	PROPN
dem-4211	44	24	n	n	PRON
dem-4211	44	25	garch	garch	NOUN
dem-4211	44	26	pot	pot	NOUN
dem-4211	44	27	garch	garch	NOUN
dem-4211	44	28	u	u	PROPN
dem-4211	44	29	μ	μ	PROPN
dem-4211	44	30	σ	σ	PROPN
dem-4211	44	31	μ	μ	PROPN
dem-4211	44	32	σ	σ	PROPN
dem-4211	44	33	+	+	X
dem-4211	45	1	+	+	PUNCT
dem-4211	45	2	+	+	PUNCT
dem-4211	45	3	+	+	PUNCT
dem-4211	45	4	+	+	NUM
dem-4211	45	5	≥⎧	≥⎧	X
dem-4211	45	6	=	=	SYM
dem-4211	45	7	⎨	⎨	ADJ
dem-4211	45	8	+	+	CCONJ
dem-4211	45	9	<	<	X
dem-4211	45	10	⎩	⎩	X
dem-4211	45	11	(	(	PUNCT
dem-4211	45	12	6	6	NUM
dem-4211	45	13	)	)	PUNCT
dem-4211	45	14	this	this	DET
dem-4211	45	15	new	new	ADJ
dem-4211	45	16	hybrid	hybrid	NOUN
dem-4211	45	17	of	of	ADP
dem-4211	45	18	volatility	volatility	NOUN
dem-4211	45	19	model	model	NOUN
dem-4211	45	20	and	and	CCONJ
dem-4211	45	21	pot	pot	NOUN
dem-4211	45	22	method	method	NOUN
dem-4211	45	23	is	be	AUX
dem-4211	45	24	based	base	VERB
dem-4211	45	25	on	on	ADP
dem-4211	45	26	conditional	conditional	ADJ
dem-4211	45	27	volatility	volatility	NOUN
dem-4211	45	28	forecast	forecast	NOUN
dem-4211	45	29	1tσ	1tσ	NOUN
dem-4211	46	1	+	+	CCONJ
dem-4211	46	2	,	,	PUNCT
dem-4211	46	3	conditional	conditional	ADJ
dem-4211	46	4	mean	mean	NOUN
dem-4211	46	5	1tμ	1tμ	PROPN
dem-4211	46	6	+	+	CCONJ
dem-4211	46	7	and	and	CCONJ
dem-4211	46	8	on	on	ADP
dem-4211	46	9	threshold	threshold	NOUN
dem-4211	46	10	tu	tu	PROPN
dem-4211	46	11	.	.	PUNCT
dem-4211	47	1	if	if	SCONJ
dem-4211	47	2	sum	sum	NOUN
dem-4211	47	3	of	of	ADP
dem-4211	47	4	1tμ	1tμ	PROPN
dem-4211	47	5	+	+	CCONJ
dem-4211	47	6	and	and	CCONJ
dem-4211	47	7	1tσ	1tσ	NOUN
dem-4211	48	1	+	+	CCONJ
dem-4211	48	2	forecasts	forecast	NOUN
dem-4211	48	3	are	be	AUX
dem-4211	48	4	higher	high	ADJ
dem-4211	48	5	than	than	ADP
dem-4211	48	6	threshold	threshold	NOUN
dem-4211	48	7	then	then	ADV
dem-4211	48	8	we	we	PRON
dem-4211	48	9	apply	apply	VERB
dem-4211	48	10	mcneil	mcneil	PROPN
dem-4211	48	11	and	and	CCONJ
dem-4211	48	12	frey	frey	PROPN
dem-4211	48	13	's	's	PART
dem-4211	48	14	approach	approach	NOUN
dem-4211	48	15	,	,	PUNCT
dem-4211	48	16	in	in	ADP
dem-4211	48	17	other	other	ADJ
dem-4211	48	18	case	case	NOUN
dem-4211	48	19	we	we	PRON
dem-4211	48	20	have	have	VERB
dem-4211	48	21	standard	standard	ADJ
dem-4211	48	22	garch	garch	NOUN
dem-4211	48	23	model	model	NOUN
dem-4211	48	24	.	.	PUNCT
dem-4211	49	1	threshold	threshold	PROPN
dem-4211	49	2	tu	tu	PROPN
dem-4211	49	3	could	could	AUX
dem-4211	49	4	be	be	AUX
dem-4211	49	5	constant	constant	ADJ
dem-4211	49	6	or	or	CCONJ
dem-4211	49	7	time	time	NOUN
dem-4211	49	8	-	-	PUNCT
dem-4211	49	9	varying	vary	VERB
dem-4211	49	10	.	.	PUNCT
dem-4211	50	1	switching	switch	VERB
dem-4211	50	2	mechanism	mechanism	NOUN
dem-4211	50	3	is	be	AUX
dem-4211	50	4	formulated	formulate	VERB
dem-4211	50	5	to	to	PART
dem-4211	50	6	identify	identify	VERB
dem-4211	50	7	whether	whether	SCONJ
dem-4211	50	8	the	the	DET
dem-4211	50	9	forecast	forecast	NOUN
dem-4211	50	10	of	of	ADP
dem-4211	50	11	time	time	NOUN
dem-4211	50	12	series	series	PROPN
dem-4211	50	13	return	return	NOUN
dem-4211	50	14	is	be	AUX
dem-4211	50	15	an	an	DET
dem-4211	50	16	extreme	extreme	ADJ
dem-4211	50	17	value	value	NOUN
dem-4211	50	18	,	,	PUNCT
dem-4211	50	19	or	or	CCONJ
dem-4211	50	20	not	not	PART
dem-4211	50	21	.	.	PUNCT
dem-4211	51	1	forecasts	forecast	NOUN
dem-4211	51	2	of	of	ADP
dem-4211	51	3	asset	asset	NOUN
dem-4211	51	4	returns	return	NOUN
dem-4211	51	5	are	be	AUX
dem-4211	51	6	very	very	ADV
dem-4211	51	7	important	important	ADJ
dem-4211	51	8	,	,	PUNCT
dem-4211	51	9	the	the	DET
dem-4211	51	10	more	more	ADV
dem-4211	51	11	precise	precise	ADJ
dem-4211	51	12	forecast	forecast	NOUN
dem-4211	51	13	of	of	ADP
dem-4211	51	14	time	time	NOUN
dem-4211	51	15	series	series	PROPN
dem-4211	51	16	is	be	AUX
dem-4211	51	17	,	,	PUNCT
dem-4211	51	18	the	the	DET
dem-4211	51	19	extremes	extreme	NOUN
dem-4211	51	20	are	be	AUX
dem-4211	51	21	better	well	ADV
dem-4211	51	22	identified	identify	VERB
dem-4211	51	23	,	,	PUNCT
dem-4211	51	24	which	which	PRON
dem-4211	51	25	is	be	AUX
dem-4211	51	26	connected	connect	VERB
dem-4211	51	27	to	to	ADP
dem-4211	51	28	proper	proper	ADJ
dem-4211	51	29	switching	switching	NOUN
dem-4211	51	30	mechanism	mechanism	NOUN
dem-4211	51	31	(	(	PUNCT
dem-4211	51	32	6	6	NUM
dem-4211	51	33	)	)	PUNCT
dem-4211	51	34	.	.	PUNCT
dem-4211	52	1	the	the	DET
dem-4211	52	2	idea	idea	NOUN
dem-4211	52	3	of	of	ADP
dem-4211	52	4	new	new	ADJ
dem-4211	52	5	approach	approach	NOUN
dem-4211	52	6	is	be	AUX
dem-4211	52	7	completely	completely	ADV
dem-4211	52	8	based	base	VERB
dem-4211	52	9	on	on	ADP
dem-4211	52	10	the	the	DET
dem-4211	52	11	forecast	forecast	NOUN
dem-4211	52	12	capability	capability	NOUN
dem-4211	52	13	from	from	ADP
dem-4211	52	14	volatility	volatility	NOUN
dem-4211	52	15	model	model	NOUN
dem-4211	52	16	for	for	ADP
dem-4211	52	17	time	time	NOUN
dem-4211	52	18	series	series	PROPN
dem-4211	52	19	(	(	PUNCT
dem-4211	52	20	in	in	ADP
dem-4211	52	21	this	this	DET
dem-4211	52	22	case	case	NOUN
dem-4211	52	23	it	it	PRON
dem-4211	52	24	is	be	AUX
dem-4211	52	25	garch	garch	NOUN
dem-4211	52	26	model	model	NOUN
dem-4211	52	27	but	but	CCONJ
dem-4211	52	28	we	we	PRON
dem-4211	52	29	also	also	ADV
dem-4211	52	30	used	use	VERB
dem-4211	52	31	sv	sv	PROPN
dem-4211	52	32	model	model	PROPN
dem-4211	52	33	)	)	PUNCT
dem-4211	52	34	.	.	PUNCT
dem-4211	53	1	3	3	X
dem-4211	53	2	.	.	X
dem-4211	53	3	backtesting	backteste	VERB
dem-4211	53	4	a	a	DET
dem-4211	53	5	key	key	ADJ
dem-4211	53	6	part	part	NOUN
dem-4211	53	7	for	for	ADP
dem-4211	53	8	risk	risk	NOUN
dem-4211	53	9	measures	measure	NOUN
dem-4211	53	10	is	be	AUX
dem-4211	53	11	necessity	necessity	NOUN
dem-4211	53	12	to	to	PART
dem-4211	53	13	check	check	VERB
dem-4211	53	14	correctness	correctness	NOUN
dem-4211	53	15	of	of	ADP
dem-4211	53	16	estimation	estimation	NOUN
dem-4211	53	17	and	and	CCONJ
dem-4211	53	18	simultaneously	simultaneously	ADV
dem-4211	53	19	choose	choose	VERB
dem-4211	53	20	the	the	DET
dem-4211	53	21	most	most	ADV
dem-4211	53	22	precise	precise	ADJ
dem-4211	53	23	method	method	NOUN
dem-4211	53	24	for	for	ADP
dem-4211	53	25	their	their	PRON
dem-4211	53	26	estimates	estimate	NOUN
dem-4211	53	27	.	.	PUNCT
dem-4211	54	1	risk	risk	NOUN
dem-4211	54	2	models	model	NOUN
dem-4211	54	3	need	need	VERB
dem-4211	54	4	to	to	PART
dem-4211	54	5	be	be	AUX
dem-4211	54	6	validated	validate	VERB
dem-4211	54	7	and	and	CCONJ
dem-4211	54	8	backtesting	backtesting	NOUN
dem-4211	54	9	is	be	AUX
dem-4211	54	10	the	the	DET
dem-4211	54	11	class	class	NOUN
dem-4211	54	12	of	of	ADP
dem-4211	54	13	quantitative	quantitative	ADJ
dem-4211	54	14	methods	method	NOUN
dem-4211	54	15	used	use	VERB
dem-4211	54	16	to	to	PART
dem-4211	54	17	e.g.	e.g.	ADV
dem-4211	54	18	rank	rank	VERB
dem-4211	54	19	a	a	DET
dem-4211	54	20	group	group	NOUN
dem-4211	54	21	of	of	ADP
dem-4211	54	22	models	model	NOUN
dem-4211	54	23	against	against	ADP
dem-4211	54	24	each	each	DET
dem-4211	54	25	other	other	ADJ
dem-4211	54	26	(	(	PUNCT
dem-4211	54	27	dowd	dowd	PROPN
dem-4211	54	28	,	,	PUNCT
dem-4211	54	29	2005	2005	NUM
dem-4211	54	30	;	;	PUNCT
dem-4211	54	31	alexander	alexander	NOUN
dem-4211	54	32	,	,	PUNCT
dem-4211	54	33	2008	2008	NUM
dem-4211	54	34	)	)	PUNCT
dem-4211	54	35	.	.	PUNCT
dem-4211	55	1	for	for	ADP
dem-4211	55	2	backtesting	backteste	VERB
dem-4211	55	3	we	we	PRON
dem-4211	55	4	used	use	VERB
dem-4211	55	5	three	three	NUM
dem-4211	55	6	binominal	binominal	ADJ
dem-4211	55	7	tests	test	NOUN
dem-4211	55	8	:	:	PUNCT
dem-4211	55	9	the	the	DET
dem-4211	55	10	failure	failure	NOUN
dem-4211	55	11	test	test	NOUN
dem-4211	55	12	uclr	uclr	NOUN
dem-4211	55	13	,	,	PUNCT
dem-4211	55	14	the	the	DET
dem-4211	55	15	mixed	mixed	ADJ
dem-4211	55	16	kupiec	kupiec	NOUN
dem-4211	55	17	-	-	PUNCT
dem-4211	55	18	test	test	NOUN
dem-4211	55	19	indlr	indlr	NOUN
dem-4211	56	1	k	k	PROPN
dem-4211	56	2	(	(	PUNCT
dem-4211	56	3	haas	haas	PROPN
dem-4211	56	4	,	,	PUNCT
dem-4211	56	5	2001	2001	NUM
dem-4211	56	6	)	)	PUNCT
dem-4211	56	7	and	and	CCONJ
dem-4211	56	8	the	the	DET
dem-4211	56	9	test	test	NOUN
dem-4211	56	10	of	of	ADP
dem-4211	56	11	independence	independence	NOUN
dem-4211	56	12	indlr	indlr	PROPN
dem-4211	56	13	ch	ch	PROPN
dem-4211	56	14	marcin	marcin	PROPN
dem-4211	56	15	fałdziński	fałdziński	VERB
dem-4211	56	16	122	122	NUM
dem-4211	56	17	(	(	PUNCT
dem-4211	56	18	christoffersen	christoffersen	PROPN
dem-4211	56	19	,	,	PUNCT
dem-4211	56	20	1998	1998	NUM
dem-4211	56	21	)	)	PUNCT
dem-4211	56	22	.	.	PUNCT
dem-4211	57	1	unfortunately	unfortunately	ADV
dem-4211	57	2	presented	present	VERB
dem-4211	57	3	tests	test	NOUN
dem-4211	57	4	have	have	VERB
dem-4211	57	5	weak	weak	ADJ
dem-4211	57	6	power	power	NOUN
dem-4211	57	7	,	,	PUNCT
dem-4211	57	8	and	and	CCONJ
dem-4211	57	9	additionally	additionally	ADV
dem-4211	57	10	these	these	DET
dem-4211	57	11	methods	method	NOUN
dem-4211	57	12	do	do	AUX
dem-4211	57	13	not	not	PART
dem-4211	57	14	give	give	VERB
dem-4211	57	15	the	the	DET
dem-4211	57	16	opportunity	opportunity	NOUN
dem-4211	57	17	to	to	PART
dem-4211	57	18	create	create	VERB
dem-4211	57	19	a	a	DET
dem-4211	57	20	ranking	ranking	NOUN
dem-4211	57	21	of	of	ADP
dem-4211	57	22	the	the	DET
dem-4211	57	23	models	model	NOUN
dem-4211	57	24	.	.	PUNCT
dem-4211	58	1	angelidis	angelidi	NOUN
dem-4211	58	2	and	and	CCONJ
dem-4211	58	3	degiannakis	degiannaki	NOUN
dem-4211	58	4	(	(	PUNCT
dem-4211	58	5	2006	2006	NUM
dem-4211	58	6	)	)	PUNCT
dem-4211	58	7	presented	present	VERB
dem-4211	58	8	modified	modified	ADJ
dem-4211	58	9	lopez	lopez	NOUN
dem-4211	58	10	's	's	PART
dem-4211	58	11	(	(	PUNCT
dem-4211	58	12	lopez	lopez	NOUN
dem-4211	58	13	,	,	PUNCT
dem-4211	58	14	1999	1999	NUM
dem-4211	58	15	)	)	PUNCT
dem-4211	58	16	loss	loss	NOUN
dem-4211	58	17	function	function	NOUN
dem-4211	58	18	:	:	PUNCT
dem-4211	58	19	1	1	NUM
dem-4211	58	20	1|	1|	NUM
dem-4211	58	21	1	1	NUM
dem-4211	58	22	,	,	PUNCT
dem-4211	58	23	1	1	NUM
dem-4211	58	24	if	if	SCONJ
dem-4211	58	25	violation	violation	NOUN
dem-4211	58	26	occurs	occur	VERB
dem-4211	58	27	0	0	NUM
dem-4211	58	28	else	else	ADV
dem-4211	58	29	t	t	PROPN
dem-4211	58	30	t	t	PROPN
dem-4211	58	31	t	t	PROPN
dem-4211	58	32	t	t	PROPN
dem-4211	58	33	y	y	PROPN
dem-4211	58	34	es+	es+	PROPN
dem-4211	59	1	+	+	CCONJ
dem-4211	60	1	+	+	CCONJ
dem-4211	60	2	⎧	⎧	PROPN
dem-4211	60	3	−⎪ψ	−⎪ψ	PROPN
dem-4211	60	4	=	=	SYM
dem-4211	60	5	⎨	⎨	PROPN
dem-4211	60	6	⎪⎩	⎪⎩	PROPN
dem-4211	60	7	(	(	PUNCT
dem-4211	60	8	7	7	NUM
dem-4211	60	9	)	)	PUNCT
dem-4211	60	10	(	(	PUNCT
dem-4211	60	11	)	)	SYM
dem-4211	60	12	2	2	NUM
dem-4211	60	13	1	1	NUM
dem-4211	60	14	1|	1|	NUM
dem-4211	60	15	2	2	NUM
dem-4211	60	16	,	,	PUNCT
dem-4211	60	17	1	1	NUM
dem-4211	60	18	if	if	SCONJ
dem-4211	60	19	violation	violation	NOUN
dem-4211	60	20	occurs	occur	VERB
dem-4211	60	21	0	0	NUM
dem-4211	60	22	else	else	ADV
dem-4211	60	23	t	t	PROPN
dem-4211	60	24	t	t	PROPN
dem-4211	60	25	t	t	PROPN
dem-4211	60	26	t	t	PROPN
dem-4211	60	27	y	y	PROPN
dem-4211	60	28	es+	es+	PROPN
dem-4211	61	1	+	+	CCONJ
dem-4211	61	2	+	+	CCONJ
dem-4211	61	3	⎧	⎧	PROPN
dem-4211	61	4	−⎪ψ	−⎪ψ	PROPN
dem-4211	61	5	=	=	SYM
dem-4211	61	6	⎨	⎨	PROPN
dem-4211	61	7	⎪⎩	⎪⎩	PROPN
dem-4211	61	8	(	(	PUNCT
dem-4211	61	9	8)	8)	NUM
dem-4211	61	10	to	to	PART
dem-4211	61	11	judge	judge	VERB
dem-4211	61	12	which	which	DET
dem-4211	61	13	model	model	NOUN
dem-4211	61	14	is	be	AUX
dem-4211	61	15	the	the	DET
dem-4211	61	16	best	good	ADJ
dem-4211	61	17	,	,	PUNCT
dem-4211	61	18	we	we	PRON
dem-4211	61	19	compute	compute	VERB
dem-4211	61	20	the	the	DET
dem-4211	61	21	mean	mean	ADJ
dem-4211	61	22	absolute	absolute	ADJ
dem-4211	61	23	error	error	NOUN
dem-4211	61	24	1	1	NUM
dem-4211	61	25	,	,	PUNCT
dem-4211	61	26	1	1	NUM
dem-4211	61	27	/	/	SYM
dem-4211	61	28	t	t	PROPN
dem-4211	61	29	t	t	PROPN
dem-4211	61	30	t	t	PROPN
dem-4211	61	31	mae	mae	PROPN
dem-4211	61	32	t	t	PROPN
dem-4211	61	33	=	=	PUNCT
dem-4211	62	1	=	=	PUNCT
dem-4211	62	2	ψ∑	ψ∑	NOUN
dem-4211	63	1	%	%	INTJ
dem-4211	63	2	%	%	NOUN
dem-4211	63	3	,	,	PUNCT
dem-4211	63	4	and	and	CCONJ
dem-4211	63	5	the	the	DET
dem-4211	63	6	mean	mean	ADJ
dem-4211	63	7	squared	square	VERB
dem-4211	63	8	error	error	NOUN
dem-4211	63	9	2	2	NUM
dem-4211	63	10	,	,	PUNCT
dem-4211	63	11	1	1	NUM
dem-4211	63	12	/	/	SYM
dem-4211	63	13	t	t	PROPN
dem-4211	63	14	t	t	PROPN
dem-4211	63	15	t	t	PROPN
dem-4211	63	16	mse	mse	PROPN
dem-4211	63	17	t	t	PROPN
dem-4211	64	1	=	=	PUNCT
dem-4211	64	2	=	=	PUNCT
dem-4211	65	1	ψ∑	ψ∑	NOUN
dem-4211	66	1	%	%	INTJ
dem-4211	66	2	%	%	INTJ
dem-4211	66	3	,	,	PUNCT
dem-4211	66	4	where	where	SCONJ
dem-4211	66	5	t%	t%	NOUN
dem-4211	66	6	is	be	AUX
dem-4211	66	7	the	the	DET
dem-4211	66	8	number	number	NOUN
dem-4211	66	9	of	of	ADP
dem-4211	66	10	the	the	DET
dem-4211	66	11	forecasts	forecast	NOUN
dem-4211	66	12	,	,	PUNCT
dem-4211	66	13	and	and	CCONJ
dem-4211	66	14	total	total	ADJ
dem-4211	66	15	loss	loss	NOUN
dem-4211	66	16	(	(	PUNCT
dem-4211	66	17	)	)	PUNCT
dem-4211	66	18	tl	tl	PROPN
dem-4211	66	19	is	be	AUX
dem-4211	66	20	the	the	DET
dem-4211	66	21	sum	sum	NOUN
dem-4211	66	22	of	of	ADP
dem-4211	66	23	these	these	DET
dem-4211	66	24	errors	error	NOUN
dem-4211	66	25	(	(	PUNCT
dem-4211	66	26	angelidis	angelidi	NOUN
dem-4211	66	27	,	,	PUNCT
dem-4211	66	28	degiannakis	degiannaki	NOUN
dem-4211	66	29	,	,	PUNCT
dem-4211	66	30	2006	2006	NUM
dem-4211	66	31	)	)	PUNCT
dem-4211	66	32	.	.	PUNCT
dem-4211	67	1	the	the	DET
dem-4211	67	2	loss	loss	NOUN
dem-4211	67	3	function	function	NOUN
dem-4211	67	4	approach	approach	NOUN
dem-4211	67	5	is	be	AUX
dem-4211	67	6	based	base	VERB
dem-4211	67	7	on	on	ADP
dem-4211	67	8	calculating	calculate	VERB
dem-4211	67	9	magnitude	magnitude	NOUN
dem-4211	67	10	of	of	ADP
dem-4211	67	11	violations	violation	NOUN
dem-4211	67	12	(	(	PUNCT
dem-4211	67	13	or	or	CCONJ
dem-4211	67	14	exceedances	exceedance	NOUN
dem-4211	67	15	)	)	PUNCT
dem-4211	67	16	,	,	PUNCT
dem-4211	67	17	i.e.	i.e.	X
dem-4211	67	18	cases	case	NOUN
dem-4211	67	19	when	when	SCONJ
dem-4211	67	20	the	the	DET
dem-4211	67	21	risk	risk	NOUN
dem-4211	67	22	measure	measure	NOUN
dem-4211	67	23	underestimates	underestimate	VERB
dem-4211	67	24	a	a	DET
dem-4211	67	25	future	future	ADJ
dem-4211	67	26	value	value	NOUN
dem-4211	67	27	of	of	ADP
dem-4211	67	28	asset	asset	NOUN
dem-4211	67	29	.	.	PUNCT
dem-4211	68	1	as	as	SCONJ
dem-4211	68	2	we	we	PRON
dem-4211	68	3	can	can	AUX
dem-4211	68	4	see	see	VERB
dem-4211	68	5	the	the	DET
dem-4211	68	6	presented	present	VERB
dem-4211	68	7	loss	loss	NOUN
dem-4211	68	8	functions	function	NOUN
dem-4211	68	9	measure	measure	NOUN
dem-4211	68	10	only	only	ADV
dem-4211	68	11	the	the	DET
dem-4211	68	12	underestimation	underestimation	NOUN
dem-4211	68	13	of	of	ADP
dem-4211	68	14	risk	risk	NOUN
dem-4211	68	15	measure	measure	NOUN
dem-4211	68	16	.	.	PUNCT
dem-4211	69	1	a	a	DET
dem-4211	69	2	perfect	perfect	ADJ
dem-4211	69	3	situation	situation	NOUN
dem-4211	69	4	is	be	AUX
dem-4211	69	5	when	when	SCONJ
dem-4211	69	6	an	an	DET
dem-4211	69	7	estimated	estimate	VERB
dem-4211	69	8	risk	risk	NOUN
dem-4211	69	9	measure	measure	NOUN
dem-4211	69	10	does	do	AUX
dem-4211	69	11	not	not	PART
dem-4211	69	12	underestimate	underestimate	VERB
dem-4211	69	13	and	and	CCONJ
dem-4211	69	14	overestimate1	overestimate1	ADV
dem-4211	69	15	too	too	ADV
dem-4211	69	16	much	much	ADV
dem-4211	69	17	a	a	DET
dem-4211	69	18	future	future	ADJ
dem-4211	69	19	value	value	NOUN
dem-4211	69	20	of	of	ADP
dem-4211	69	21	asset	asset	NOUN
dem-4211	69	22	.	.	PUNCT
dem-4211	70	1	for	for	ADP
dem-4211	70	2	example	example	NOUN
dem-4211	70	3	,	,	PUNCT
dem-4211	70	4	if	if	SCONJ
dem-4211	70	5	we	we	PRON
dem-4211	70	6	would	would	AUX
dem-4211	70	7	have	have	VERB
dem-4211	70	8	two	two	NUM
dem-4211	70	9	estimated	estimate	VERB
dem-4211	70	10	risk	risk	NOUN
dem-4211	70	11	measures	measure	NOUN
dem-4211	70	12	and	and	CCONJ
dem-4211	70	13	both	both	PRON
dem-4211	70	14	of	of	ADP
dem-4211	70	15	them	they	PRON
dem-4211	70	16	have	have	VERB
dem-4211	70	17	almost	almost	ADV
dem-4211	70	18	equal	equal	ADJ
dem-4211	70	19	value	value	NOUN
dem-4211	70	20	of	of	ADP
dem-4211	70	21	standard	standard	ADJ
dem-4211	70	22	loss	loss	NOUN
dem-4211	70	23	functions	function	NOUN
dem-4211	70	24	,	,	PUNCT
dem-4211	70	25	then	then	ADV
dem-4211	70	26	the	the	DET
dem-4211	70	27	better	well	ADJ
dem-4211	70	28	risk	risk	NOUN
dem-4211	70	29	measure	measure	NOUN
dem-4211	70	30	is	be	AUX
dem-4211	70	31	that	that	PRON
dem-4211	70	32	which	which	PRON
dem-4211	70	33	has	have	VERB
dem-4211	70	34	the	the	DET
dem-4211	70	35	lower	low	ADJ
dem-4211	70	36	overestimation	overestimation	NOUN
dem-4211	70	37	.	.	PUNCT
dem-4211	71	1	an	an	DET
dem-4211	71	2	overestimation	overestimation	NOUN
dem-4211	71	3	of	of	ADP
dem-4211	71	4	risk	risk	NOUN
dem-4211	71	5	measures	measure	NOUN
dem-4211	71	6	was	be	AUX
dem-4211	71	7	proposed	propose	VERB
dem-4211	71	8	to	to	PART
dem-4211	71	9	measure	measure	VERB
dem-4211	71	10	(	(	PUNCT
dem-4211	71	11	fałdziński	fałdziński	NOUN
dem-4211	71	12	,	,	PUNCT
dem-4211	71	13	2009	2009	NUM
dem-4211	71	14	)	)	PUNCT
dem-4211	71	15	.	.	PUNCT
dem-4211	72	1	the	the	DET
dem-4211	72	2	overestimation	overestimation	NOUN
dem-4211	72	3	of	of	ADP
dem-4211	72	4	loss	loss	NOUN
dem-4211	72	5	functions	function	NOUN
dem-4211	72	6	are	be	AUX
dem-4211	72	7	given	give	VERB
dem-4211	72	8	in	in	ADP
dem-4211	72	9	the	the	DET
dem-4211	72	10	following	following	NOUN
dem-4211	72	11	:	:	PUNCT
dem-4211	72	12	1	1	NUM
dem-4211	72	13	1	1	NUM
dem-4211	72	14	1	1	NUM
dem-4211	72	15	1	1	NUM
dem-4211	72	16	1	1	NUM
dem-4211	72	17	,	,	PUNCT
dem-4211	72	18	1	1	NUM
dem-4211	72	19	1	1	NUM
dem-4211	72	20	if	if	SCONJ
dem-4211	72	21	0	0	NUM
dem-4211	72	22	0	0	NUM
dem-4211	73	1	if	if	SCONJ
dem-4211	73	2	0	0	NUM
dem-4211	73	3	t	t	NOUN
dem-4211	73	4	t	t	PROPN
dem-4211	73	5	t	t	PROPN
dem-4211	73	6	t	t	PROPN
dem-4211	73	7	t	t	PROPN
dem-4211	73	8	t	t	PROPN
dem-4211	73	9	es	es	X
dem-4211	73	10	y	y	PROPN
dem-4211	73	11	y	y	PROPN
dem-4211	73	12	es	es	X
dem-4211	73	13	y	y	PROPN
dem-4211	73	14	+	+	PUNCT
dem-4211	74	1	+	+	PUNCT
dem-4211	75	1	+	+	PUNCT
dem-4211	75	2	+	+	PUNCT
dem-4211	75	3	+	+	CCONJ
dem-4211	75	4	+	+	CCONJ
dem-4211	75	5	⎧	⎧	ADJ
dem-4211	75	6	−	−	PROPN
dem-4211	75	7	<	<	X
dem-4211	75	8	<	<	X
dem-4211	75	9	⎪φ	⎪φ	PROPN
dem-4211	75	10	=	=	SYM
dem-4211	75	11	⎨	⎨	ADJ
dem-4211	75	12	≤⎪⎩	≤⎪⎩	NUM
dem-4211	75	13	(	(	PUNCT
dem-4211	75	14	17	17	NUM
dem-4211	75	15	)	)	PUNCT
dem-4211	75	16	(	(	PUNCT
dem-4211	75	17	)	)	SYM
dem-4211	75	18	2	2	NUM
dem-4211	75	19	1	1	NUM
dem-4211	75	20	1	1	NUM
dem-4211	75	21	1	1	NUM
dem-4211	75	22	1	1	NUM
dem-4211	75	23	2	2	NUM
dem-4211	75	24	,	,	PUNCT
dem-4211	75	25	1	1	NUM
dem-4211	75	26	1	1	NUM
dem-4211	75	27	if	if	SCONJ
dem-4211	75	28	0	0	NUM
dem-4211	75	29	0	0	NUM
dem-4211	76	1	if	if	SCONJ
dem-4211	76	2	0	0	NUM
dem-4211	76	3	t	t	NOUN
dem-4211	76	4	t	t	PROPN
dem-4211	76	5	t	t	PROPN
dem-4211	76	6	t	t	PROPN
dem-4211	76	7	t	t	PROPN
dem-4211	76	8	t	t	PROPN
dem-4211	76	9	es	es	X
dem-4211	76	10	y	y	PROPN
dem-4211	76	11	y	y	PROPN
dem-4211	76	12	es	es	X
dem-4211	76	13	y	y	PROPN
dem-4211	76	14	+	+	PUNCT
dem-4211	77	1	+	+	PUNCT
dem-4211	78	1	+	+	PUNCT
dem-4211	78	2	+	+	PUNCT
dem-4211	78	3	+	+	CCONJ
dem-4211	78	4	+	+	CCONJ
dem-4211	78	5	⎧	⎧	ADJ
dem-4211	78	6	−	−	PROPN
dem-4211	78	7	<	<	X
dem-4211	78	8	<	<	X
dem-4211	78	9	⎪φ	⎪φ	PROPN
dem-4211	78	10	=	=	SYM
dem-4211	78	11	⎨	⎨	ADJ
dem-4211	78	12	≤⎪⎩	≤⎪⎩	SYM
dem-4211	78	13	(	(	PUNCT
dem-4211	78	14	18	18	NUM
dem-4211	78	15	)	)	PUNCT
dem-4211	78	16	we	we	PRON
dem-4211	78	17	also	also	ADV
dem-4211	78	18	compute	compute	VERB
dem-4211	78	19	the	the	DET
dem-4211	78	20	mean	mean	ADJ
dem-4211	78	21	absolute	absolute	ADJ
dem-4211	78	22	error	error	NOUN
dem-4211	78	23	of	of	ADP
dem-4211	78	24	overestimation	overestimation	NOUN
dem-4211	78	25	1	1	NUM
dem-4211	78	26	,	,	PUNCT
dem-4211	78	27	1	1	NUM
dem-4211	78	28	/	/	SYM
dem-4211	78	29	d	d	PROPN
dem-4211	78	30	over	over	ADP
dem-4211	78	31	t	t	PROPN
dem-4211	79	1	t	t	PROPN
dem-4211	79	2	mae	mae	PROPN
dem-4211	79	3	d	d	PROPN
dem-4211	79	4	=	=	SYM
dem-4211	79	5	=	=	PUNCT
dem-4211	79	6	φ∑	φ∑	NOUN
dem-4211	79	7	,	,	PUNCT
dem-4211	79	8	and	and	CCONJ
dem-4211	79	9	the	the	DET
dem-4211	79	10	mean	mean	ADJ
dem-4211	79	11	squared	square	VERB
dem-4211	79	12	error	error	NOUN
dem-4211	79	13	2	2	NUM
dem-4211	79	14	,	,	PUNCT
dem-4211	79	15	1	1	NUM
dem-4211	79	16	/	/	SYM
dem-4211	79	17	d	d	PROPN
dem-4211	79	18	over	over	ADP
dem-4211	79	19	t	t	PROPN
dem-4211	79	20	t	t	PROPN
dem-4211	79	21	mse	mse	PROPN
dem-4211	80	1	d	d	PROPN
dem-4211	80	2	=	=	PUNCT
dem-4211	81	1	=	=	PUNCT
dem-4211	81	2	φ∑	φ∑	INTJ
dem-4211	81	3	,	,	PUNCT
dem-4211	81	4	where	where	SCONJ
dem-4211	81	5	1	1	NUM
dem-4211	81	6	t	t	NOUN
dem-4211	82	1	i	i	NOUN
dem-4211	82	2	d	d	NOUN
dem-4211	82	3	=	=	PUNCT
dem-4211	82	4	=	=	PUNCT
dem-4211	82	5	∑1	∑1	NOUN
dem-4211	82	6	,	,	PUNCT
dem-4211	82	7	1	1	NUM
dem-4211	82	8	1	1	NUM
dem-4211	82	9	1	1	NUM
dem-4211	82	10	1	1	NUM
dem-4211	82	11	if	if	SCONJ
dem-4211	82	12	0	0	NUM
dem-4211	82	13	0	0	NUM
dem-4211	83	1	if	if	SCONJ
dem-4211	83	2	0	0	NUM
dem-4211	83	3	t	t	NOUN
dem-4211	83	4	t	t	NOUN
dem-4211	83	5	t	t	PROPN
dem-4211	83	6	y	y	PROPN
dem-4211	83	7	es	es	X
dem-4211	83	8	y	y	PROPN
dem-4211	84	1	+	+	PUNCT
dem-4211	85	1	+	+	PUNCT
dem-4211	85	2	+	+	CCONJ
dem-4211	85	3	<	<	X
dem-4211	85	4	<	<	X
dem-4211	85	5	⎧	⎧	PROPN
dem-4211	85	6	=	=	SYM
dem-4211	85	7	⎨	⎨	ADJ
dem-4211	85	8	≤⎩	≤⎩	NOUN
dem-4211	85	9	1	1	NUM
dem-4211	85	10	is	be	AUX
dem-4211	85	11	the	the	DET
dem-4211	85	12	number	number	NOUN
dem-4211	85	13	of	of	ADP
dem-4211	85	14	the	the	DET
dem-4211	85	15	positive	positive	ADJ
dem-4211	85	16	fore	fore	NOUN
dem-4211	85	17	1	1	NUM
dem-4211	85	18	cases	case	NOUN
dem-4211	85	19	when	when	SCONJ
dem-4211	85	20	estimated	estimate	VERB
dem-4211	85	21	risk	risk	NOUN
dem-4211	85	22	measure	measure	NOUN
dem-4211	85	23	is	be	AUX
dem-4211	85	24	higher	high	ADJ
dem-4211	85	25	than	than	ADP
dem-4211	85	26	value	value	NOUN
dem-4211	85	27	of	of	ADP
dem-4211	85	28	asset	asset	NOUN
dem-4211	85	29	application	application	NOUN
dem-4211	85	30	of	of	ADP
dem-4211	85	31	modified	modify	VERB
dem-4211	85	32	pot	pot	NOUN
dem-4211	85	33	method	method	NOUN
dem-4211	85	34	with	with	ADP
dem-4211	85	35	volatility	volatility	NOUN
dem-4211	85	36	model	model	NOUN
dem-4211	85	37	…	…	PUNCT
dem-4211	85	38	123	123	NUM
dem-4211	85	39	casts	cast	NOUN
dem-4211	85	40	(	(	PUNCT
dem-4211	85	41	i.e.	i.e.	X
dem-4211	85	42	larger	large	ADJ
dem-4211	85	43	then	then	ADV
dem-4211	85	44	0	0	NUM
dem-4211	85	45	,	,	PUNCT
dem-4211	85	46	but	but	CCONJ
dem-4211	85	47	smaller	small	ADJ
dem-4211	85	48	than	than	ADP
dem-4211	85	49	the	the	DET
dem-4211	85	50	given	give	VERB
dem-4211	85	51	risk	risk	NOUN
dem-4211	85	52	measure	measure	NOUN
dem-4211	85	53	)	)	PUNCT
dem-4211	85	54	.	.	PUNCT
dem-4211	86	1	similarly	similarly	ADV
dem-4211	86	2	we	we	PRON
dem-4211	86	3	could	could	AUX
dem-4211	86	4	construct	construct	VERB
dem-4211	86	5	the	the	DET
dem-4211	86	6	total	total	ADJ
dem-4211	86	7	loss	loss	NOUN
dem-4211	86	8	of	of	ADP
dem-4211	86	9	overestimation	overestimation	NOUN
dem-4211	86	10	(	(	PUNCT
dem-4211	86	11	)	)	PUNCT
dem-4211	86	12	over	over	ADP
dem-4211	86	13	overotl	overotl	PROPN
dem-4211	86	14	mae	mae	PROPN
dem-4211	86	15	mse=	mse=	PROPN
dem-4211	86	16	+	+	X
dem-4211	86	17	.	.	PUNCT
dem-4211	87	1	the	the	DET
dem-4211	87	2	otl	otl	NOUN
dem-4211	87	3	could	could	AUX
dem-4211	87	4	also	also	ADV
dem-4211	87	5	be	be	AUX
dem-4211	87	6	computed	compute	VERB
dem-4211	87	7	for	for	ADP
dem-4211	87	8	var	var	NOUN
dem-4211	87	9	and	and	CCONJ
dem-4211	87	10	srm	srm	PROPN
dem-4211	87	11	,	,	PUNCT
dem-4211	87	12	but	but	CCONJ
dem-4211	87	13	then	then	ADV
dem-4211	87	14	we	we	PRON
dem-4211	87	15	have	have	VERB
dem-4211	87	16	to	to	PART
dem-4211	87	17	change	change	VERB
dem-4211	87	18	1tes	1tes	NUM
dem-4211	87	19	+	+	CCONJ
dem-4211	87	20	for	for	ADP
dem-4211	87	21	another	another	DET
dem-4211	87	22	estimated	estimate	VERB
dem-4211	87	23	risk	risk	NOUN
dem-4211	87	24	measure	measure	NOUN
dem-4211	87	25	in	in	ADP
dem-4211	87	26	formula	formula	NOUN
dem-4211	87	27	(	(	PUNCT
dem-4211	87	28	17	17	NUM
dem-4211	87	29	)	)	PUNCT
dem-4211	87	30	,	,	PUNCT
dem-4211	87	31	(	(	PUNCT
dem-4211	87	32	18	18	NUM
dem-4211	87	33	)	)	PUNCT
dem-4211	87	34	and	and	CCONJ
dem-4211	87	35	d	d	NOUN
dem-4211	87	36	.	.	PUNCT
dem-4211	88	1	4	4	X
dem-4211	88	2	.	.	X
dem-4211	88	3	empirical	empirical	ADJ
dem-4211	88	4	analysis	analysis	NOUN
dem-4211	88	5	the	the	DET
dem-4211	88	6	subject	subject	NOUN
dem-4211	88	7	of	of	ADP
dem-4211	88	8	the	the	DET
dem-4211	88	9	empirical	empirical	ADJ
dem-4211	88	10	analysis	analysis	NOUN
dem-4211	88	11	is	be	AUX
dem-4211	88	12	the	the	DET
dem-4211	88	13	comparison	comparison	NOUN
dem-4211	88	14	of	of	ADP
dem-4211	88	15	the	the	DET
dem-4211	88	16	estimated	estimate	VERB
dem-4211	88	17	value	value	NOUN
dem-4211	88	18	-	-	PUNCT
dem-4211	88	19	at	at	ADP
dem-4211	88	20	-	-	PUNCT
dem-4211	88	21	risk	risk	NOUN
dem-4211	88	22	and	and	CCONJ
dem-4211	88	23	expected	expect	VERB
dem-4211	88	24	shortfall	shortfall	NOUN
dem-4211	88	25	measures	measure	NOUN
dem-4211	88	26	for	for	ADP
dem-4211	88	27	the	the	DET
dem-4211	88	28	new	new	ADJ
dem-4211	88	29	approach	approach	NOUN
dem-4211	88	30	with	with	ADP
dem-4211	88	31	volatility	volatility	NOUN
dem-4211	88	32	models	model	NOUN
dem-4211	88	33	.	.	PUNCT
dem-4211	89	1	the	the	DET
dem-4211	89	2	comparison	comparison	NOUN
dem-4211	89	3	is	be	AUX
dem-4211	89	4	based	base	VERB
dem-4211	89	5	on	on	ADP
dem-4211	89	6	selection	selection	NOUN
dem-4211	89	7	of	of	ADP
dem-4211	89	8	the	the	DET
dem-4211	89	9	best	good	ADJ
dem-4211	89	10	model	model	NOUN
dem-4211	89	11	for	for	ADP
dem-4211	89	12	total	total	ADJ
dem-4211	89	13	loss	loss	NOUN
dem-4211	89	14	tl	tl	PROPN
dem-4211	89	15	proposed	propose	VERB
dem-4211	89	16	by	by	ADP
dem-4211	89	17	angelidis	angelidi	NOUN
dem-4211	89	18	and	and	CCONJ
dem-4211	89	19	degiannakis	degiannaki	NOUN
dem-4211	89	20	and	and	CCONJ
dem-4211	89	21	total	total	ADJ
dem-4211	89	22	loss	loss	NOUN
dem-4211	89	23	of	of	ADP
dem-4211	89	24	overestimation	overestimation	NOUN
dem-4211	89	25	(	(	PUNCT
dem-4211	89	26	otl	otl	NOUN
dem-4211	89	27	)	)	PUNCT
dem-4211	89	28	.	.	PUNCT
dem-4211	90	1	in	in	ADP
dem-4211	90	2	the	the	DET
dem-4211	90	3	analysis	analysis	NOUN
dem-4211	90	4	the	the	DET
dem-4211	90	5	sv	sv	PROPN
dem-4211	90	6	model	model	PROPN
dem-4211	90	7	with	with	ADP
dem-4211	90	8	gaussian	gaussian	ADJ
dem-4211	90	9	distribution	distribution	NOUN
dem-4211	90	10	and	and	CCONJ
dem-4211	90	11	the	the	DET
dem-4211	90	12	garch	garch	NOUN
dem-4211	90	13	model	model	NOUN
dem-4211	90	14	with	with	ADP
dem-4211	90	15	gaussian	gaussian	NOUN
dem-4211	90	16	and	and	CCONJ
dem-4211	90	17	t	t	NOUN
dem-4211	90	18	-	-	PUNCT
dem-4211	90	19	student	student	NOUN
dem-4211	90	20	error	error	NOUN
dem-4211	90	21	distributions	distribution	NOUN
dem-4211	90	22	were	be	AUX
dem-4211	90	23	used	use	VERB
dem-4211	90	24	.	.	PUNCT
dem-4211	91	1	we	we	PRON
dem-4211	91	2	have	have	AUX
dem-4211	91	3	chosen	choose	VERB
dem-4211	91	4	sv	sv	PROPN
dem-4211	91	5	and	and	CCONJ
dem-4211	91	6	garch	garch	NOUN
dem-4211	91	7	models	model	NOUN
dem-4211	91	8	because	because	SCONJ
dem-4211	91	9	they	they	PRON
dem-4211	91	10	represent	represent	VERB
dem-4211	91	11	the	the	DET
dem-4211	91	12	most	most	ADV
dem-4211	91	13	standard	standard	ADJ
dem-4211	91	14	volatility	volatility	NOUN
dem-4211	91	15	models	model	NOUN
dem-4211	91	16	.	.	PUNCT
dem-4211	92	1	the	the	DET
dem-4211	92	2	parameters	parameter	NOUN
dem-4211	92	3	were	be	AUX
dem-4211	92	4	estimated	estimate	VERB
dem-4211	92	5	with	with	ADP
dem-4211	92	6	the	the	DET
dem-4211	92	7	maximum	maximum	ADJ
dem-4211	92	8	likelihood	likelihood	NOUN
dem-4211	92	9	method	method	NOUN
dem-4211	92	10	in	in	ADP
dem-4211	92	11	case	case	NOUN
dem-4211	92	12	of	of	ADP
dem-4211	92	13	garch	garch	NOUN
dem-4211	92	14	models	model	NOUN
dem-4211	92	15	and	and	CCONJ
dem-4211	92	16	the	the	DET
dem-4211	92	17	quasi	quasi	ADJ
dem-4211	92	18	-	-	ADJ
dem-4211	92	19	maximum	maximum	ADJ
dem-4211	92	20	likelihood	likelihood	NOUN
dem-4211	92	21	method	method	NOUN
dem-4211	92	22	in	in	ADP
dem-4211	92	23	the	the	DET
dem-4211	92	24	case	case	NOUN
dem-4211	92	25	of	of	ADP
dem-4211	92	26	the	the	DET
dem-4211	92	27	sv	sv	PROPN
dem-4211	92	28	models	model	NOUN
dem-4211	92	29	.	.	PUNCT
dem-4211	93	1	the	the	DET
dem-4211	93	2	time	time	NOUN
dem-4211	93	3	series	series	PROPN
dem-4211	93	4	used	use	VERB
dem-4211	93	5	in	in	ADP
dem-4211	93	6	the	the	DET
dem-4211	93	7	analysis	analysis	NOUN
dem-4211	93	8	comprise	comprise	VERB
dem-4211	93	9	3000	3000	NUM
dem-4211	93	10	observations	observation	NOUN
dem-4211	93	11	of	of	ADP
dem-4211	93	12	log	log	NOUN
dem-4211	93	13	returns	return	NOUN
dem-4211	93	14	(	(	PUNCT
dem-4211	93	15	daily	daily	ADJ
dem-4211	93	16	data	data	PROPN
dem-4211	93	17	:	:	PUNCT
dem-4211	93	18	07.11.1994	07.11.1994	PROPN
dem-4211	93	19	–	–	PUNCT
dem-4211	93	20	31.10.2006	31.10.2006	NUM
dem-4211	93	21	)	)	PUNCT
dem-4211	93	22	.	.	PUNCT
dem-4211	94	1	we	we	PRON
dem-4211	94	2	used	use	VERB
dem-4211	94	3	5	5	NUM
dem-4211	94	4	financial	financial	ADJ
dem-4211	94	5	time	time	NOUN
dem-4211	94	6	series	series	NOUN
dem-4211	94	7	(	(	PUNCT
dem-4211	94	8	wig	wig	PROPN
dem-4211	94	9	,	,	PUNCT
dem-4211	94	10	sp500	sp500	PROPN
dem-4211	94	11	,	,	PUNCT
dem-4211	94	12	dax	dax	PROPN
dem-4211	94	13	,	,	PUNCT
dem-4211	94	14	ftse100	ftse100	PROPN
dem-4211	94	15	,	,	PUNCT
dem-4211	94	16	nikkei225	nikkei225	PROPN
dem-4211	94	17	)	)	PUNCT
dem-4211	94	18	that	that	PRON
dem-4211	94	19	represent	represent	VERB
dem-4211	94	20	the	the	DET
dem-4211	94	21	stock	stock	NOUN
dem-4211	94	22	market	market	NOUN
dem-4211	94	23	returns	return	NOUN
dem-4211	94	24	.	.	PUNCT
dem-4211	95	1	for	for	ADP
dem-4211	95	2	each	each	DET
dem-4211	95	3	time	time	NOUN
dem-4211	95	4	series	series	PROPN
dem-4211	95	5	a	a	DET
dem-4211	95	6	thousand	thousand	NUM
dem-4211	95	7	vars	var	NOUN
dem-4211	95	8	and	and	CCONJ
dem-4211	95	9	ess	ess	PROPN
dem-4211	95	10	were	be	AUX
dem-4211	95	11	estimated	estimate	VERB
dem-4211	95	12	for	for	ADP
dem-4211	95	13	backtesting	backteste	VERB
dem-4211	95	14	purposes	purpose	NOUN
dem-4211	95	15	.	.	PUNCT
dem-4211	96	1	to	to	PART
dem-4211	96	2	compute	compute	VERB
dem-4211	96	3	the	the	DET
dem-4211	96	4	es	es	NOUN
dem-4211	96	5	for	for	ADP
dem-4211	96	6	the	the	DET
dem-4211	96	7	volatility	volatility	NOUN
dem-4211	96	8	models	model	NOUN
dem-4211	96	9	we	we	PRON
dem-4211	96	10	used	use	VERB
dem-4211	96	11	dowd	dowd	PROPN
dem-4211	96	12	’s	’s	PART
dem-4211	96	13	approach	approach	NOUN
dem-4211	96	14	(	(	PUNCT
dem-4211	96	15	dowd	dowd	PROPN
dem-4211	96	16	,	,	PUNCT
dem-4211	96	17	2005	2005	NUM
dem-4211	96	18	)	)	PUNCT
dem-4211	96	19	.	.	PUNCT
dem-4211	97	1	also	also	ADV
dem-4211	97	2	we	we	PRON
dem-4211	97	3	used	use	VERB
dem-4211	97	4	the	the	DET
dem-4211	97	5	timevarying	timevarying	NOUN
dem-4211	97	6	threshold	threshold	NOUN
dem-4211	97	7	u	u	NOUN
dem-4211	97	8	,	,	PUNCT
dem-4211	97	9	as	as	ADP
dem-4211	97	10	a	a	DET
dem-4211	97	11	result	result	NOUN
dem-4211	97	12	of	of	ADP
dem-4211	97	13	defining	define	VERB
dem-4211	97	14	the	the	DET
dem-4211	97	15	number	number	NOUN
dem-4211	97	16	of	of	ADP
dem-4211	97	17	extremes	extreme	NOUN
dem-4211	97	18	on	on	ADP
dem-4211	97	19	10	10	NUM
dem-4211	97	20	%	%	NOUN
dem-4211	97	21	level	level	NOUN
dem-4211	97	22	for	for	ADP
dem-4211	97	23	all	all	DET
dem-4211	97	24	observations	observation	NOUN
dem-4211	97	25	in	in	ADP
dem-4211	97	26	time	time	NOUN
dem-4211	97	27	series	series	NOUN
dem-4211	97	28	.	.	PUNCT
dem-4211	98	1	this	this	DET
dem-4211	98	2	10	10	NUM
dem-4211	98	3	%	%	NOUN
dem-4211	98	4	level	level	NOUN
dem-4211	98	5	is	be	AUX
dem-4211	98	6	a	a	DET
dem-4211	98	7	common	common	ADJ
dem-4211	98	8	standard	standard	NOUN
dem-4211	98	9	in	in	ADP
dem-4211	98	10	similar	similar	ADJ
dem-4211	98	11	analyses	analysis	NOUN
dem-4211	98	12	.	.	PUNCT
dem-4211	99	1	results	result	NOUN
dem-4211	99	2	for	for	ADP
dem-4211	99	3	the	the	DET
dem-4211	99	4	binominal	binominal	ADJ
dem-4211	99	5	tests	test	NOUN
dem-4211	99	6	were	be	AUX
dem-4211	99	7	computed	compute	VERB
dem-4211	99	8	besides	besides	SCONJ
dem-4211	99	9	their	their	PRON
dem-4211	99	10	drawbacks	drawback	NOUN
dem-4211	99	11	.	.	PUNCT
dem-4211	100	1	in	in	ADP
dem-4211	100	2	short	short	ADJ
dem-4211	100	3	we	we	PRON
dem-4211	100	4	can	can	AUX
dem-4211	100	5	say	say	VERB
dem-4211	100	6	that	that	SCONJ
dem-4211	100	7	findings	finding	NOUN
dem-4211	100	8	were	be	AUX
dem-4211	100	9	very	very	ADV
dem-4211	100	10	diverse	diverse	ADJ
dem-4211	100	11	and	and	CCONJ
dem-4211	100	12	it	it	PRON
dem-4211	100	13	was	be	AUX
dem-4211	100	14	very	very	ADV
dem-4211	100	15	difficult	difficult	ADJ
dem-4211	100	16	to	to	PART
dem-4211	100	17	make	make	VERB
dem-4211	100	18	general	general	ADJ
dem-4211	100	19	conclusions	conclusion	NOUN
dem-4211	100	20	that	that	PRON
dem-4211	100	21	is	be	AUX
dem-4211	100	22	why	why	SCONJ
dem-4211	100	23	we	we	PRON
dem-4211	100	24	decided	decide	VERB
dem-4211	100	25	no	no	PRON
dem-4211	100	26	to	to	PART
dem-4211	100	27	show	show	VERB
dem-4211	100	28	them	they	PRON
dem-4211	100	29	.	.	PUNCT
dem-4211	101	1	they	they	PRON
dem-4211	101	2	are	be	AUX
dem-4211	101	3	available	available	ADJ
dem-4211	101	4	upon	upon	SCONJ
dem-4211	101	5	request	request	NOUN
dem-4211	101	6	.	.	PUNCT
dem-4211	102	1	based	base	VERB
dem-4211	102	2	on	on	ADP
dem-4211	102	3	findings	finding	NOUN
dem-4211	102	4	contained	contain	VERB
dem-4211	102	5	in	in	ADP
dem-4211	102	6	table	table	NOUN
dem-4211	102	7	1	1	NUM
dem-4211	102	8	we	we	PRON
dem-4211	102	9	can	can	AUX
dem-4211	102	10	see	see	VERB
dem-4211	102	11	that	that	DET
dem-4211	102	12	sv	sv	NOUN
dem-4211	102	13	-	-	PUNCT
dem-4211	102	14	pot	pot	NOUN
dem-4211	102	15	model	model	NOUN
dem-4211	102	16	has	have	VERB
dem-4211	102	17	the	the	DET
dem-4211	102	18	lowest	low	ADJ
dem-4211	102	19	value	value	NOUN
dem-4211	102	20	for	for	ADP
dem-4211	102	21	total	total	ADJ
dem-4211	102	22	loss	loss	NOUN
dem-4211	102	23	tl	tl	PROPN
dem-4211	102	24	(	(	PUNCT
dem-4211	102	25	next	next	ADV
dem-4211	102	26	are	be	AUX
dem-4211	102	27	n	n	PRON
dem-4211	102	28	-	-	PUNCT
dem-4211	102	29	sv	sv	NOUN
dem-4211	102	30	-	-	PUNCT
dem-4211	102	31	pot	pot	NOUN
dem-4211	102	32	and	and	CCONJ
dem-4211	102	33	sv	sv	NOUN
dem-4211	102	34	models	model	NOUN
dem-4211	102	35	)	)	PUNCT
dem-4211	102	36	.	.	PUNCT
dem-4211	103	1	it	it	PRON
dem-4211	103	2	should	should	AUX
dem-4211	103	3	not	not	PART
dem-4211	103	4	be	be	AUX
dem-4211	103	5	a	a	DET
dem-4211	103	6	surprise	surprise	NOUN
dem-4211	103	7	because	because	SCONJ
dem-4211	103	8	sv	sv	PROPN
dem-4211	103	9	models	model	NOUN
dem-4211	103	10	more	more	ADV
dem-4211	103	11	take	take	VERB
dem-4211	103	12	into	into	ADP
dem-4211	103	13	account	account	NOUN
dem-4211	103	14	the	the	DET
dem-4211	103	15	extremes	extreme	NOUN
dem-4211	103	16	than	than	ADP
dem-4211	103	17	standard	standard	ADJ
dem-4211	103	18	garch	garch	NOUN
dem-4211	103	19	model	model	NOUN
dem-4211	103	20	.	.	PUNCT
dem-4211	104	1	after	after	ADP
dem-4211	104	2	the	the	DET
dem-4211	104	3	class	class	NOUN
dem-4211	104	4	of	of	ADP
dem-4211	104	5	sv	sv	PROPN
dem-4211	104	6	models	model	NOUN
dem-4211	104	7	(	(	PUNCT
dem-4211	104	8	i.e.	i.e.	X
dem-4211	104	9	sv	sv	PROPN
dem-4211	104	10	,	,	PUNCT
dem-4211	104	11	sv	sv	NOUN
dem-4211	104	12	-	-	PUNCT
dem-4211	104	13	pot	pot	NOUN
dem-4211	104	14	and	and	CCONJ
dem-4211	104	15	n	n	CCONJ
dem-4211	104	16	-	-	PUNCT
dem-4211	104	17	sv	sv	NOUN
dem-4211	104	18	-	-	PUNCT
dem-4211	104	19	pot	pot	NOUN
dem-4211	104	20	)	)	PUNCT
dem-4211	104	21	we	we	PRON
dem-4211	104	22	have	have	VERB
dem-4211	104	23	four	four	NUM
dem-4211	104	24	variant	variant	NOUN
dem-4211	104	25	of	of	ADP
dem-4211	104	26	garch	garch	NOUN
dem-4211	104	27	-	-	PUNCT
dem-4211	104	28	pot	pot	NOUN
dem-4211	104	29	models	model	NOUN
dem-4211	104	30	with	with	ADP
dem-4211	104	31	relatively	relatively	ADV
dem-4211	104	32	higher	high	ADJ
dem-4211	104	33	values	value	NOUN
dem-4211	104	34	of	of	ADP
dem-4211	104	35	tl	tl	PROPN
dem-4211	104	36	.	.	PUNCT
dem-4211	105	1	the	the	DET
dem-4211	105	2	end	end	NOUN
dem-4211	105	3	of	of	ADP
dem-4211	105	4	the	the	DET
dem-4211	105	5	total	total	ADJ
dem-4211	105	6	loss	loss	NOUN
dem-4211	105	7	ranking	ranking	NOUN
dem-4211	105	8	contains	contain	VERB
dem-4211	105	9	n	n	CCONJ
dem-4211	105	10	-	-	PUNCT
dem-4211	105	11	garch	garch	NOUN
dem-4211	105	12	-	-	PUNCT
dem-4211	105	13	pot	pot	NOUN
dem-4211	105	14	and	and	CCONJ
dem-4211	105	15	garch	garch	NOUN
dem-4211	105	16	models	model	NOUN
dem-4211	105	17	alternately	alternately	ADV
dem-4211	105	18	,	,	PUNCT
dem-4211	105	19	but	but	CCONJ
dem-4211	105	20	we	we	PRON
dem-4211	105	21	should	should	AUX
dem-4211	105	22	point	point	VERB
dem-4211	105	23	out	out	ADP
dem-4211	105	24	that	that	SCONJ
dem-4211	105	25	n	n	CCONJ
dem-4211	105	26	-	-	PUNCT
dem-4211	105	27	garch	garch	NOUN
dem-4211	105	28	-	-	PUNCT
dem-4211	105	29	pot	pot	NOUN
dem-4211	105	30	models	model	NOUN
dem-4211	105	31	are	be	AUX
dem-4211	105	32	relatively	relatively	ADV
dem-4211	105	33	better	well	ADJ
dem-4211	105	34	.	.	PUNCT
dem-4211	106	1	on	on	ADP
dem-4211	106	2	the	the	DET
dem-4211	106	3	other	other	ADJ
dem-4211	106	4	hand	hand	NOUN
dem-4211	106	5	the	the	DET
dem-4211	106	6	class	class	NOUN
dem-4211	106	7	of	of	ADP
dem-4211	106	8	sv	sv	PROPN
dem-4211	106	9	models	model	NOUN
dem-4211	106	10	has	have	VERB
dem-4211	106	11	the	the	DET
dem-4211	106	12	highest	high	ADJ
dem-4211	106	13	value	value	NOUN
dem-4211	106	14	of	of	ADP
dem-4211	106	15	the	the	DET
dem-4211	106	16	total	total	ADJ
dem-4211	106	17	loss	loss	NOUN
dem-4211	106	18	of	of	ADP
dem-4211	106	19	overestimation	overestimation	NOUN
dem-4211	106	20	(	(	PUNCT
dem-4211	106	21	otl	otl	NOUN
dem-4211	106	22	)	)	PUNCT
dem-4211	106	23	for	for	ADP
dem-4211	106	24	value	value	NOUN
dem-4211	106	25	-	-	PUNCT
dem-4211	106	26	at	at	ADP
dem-4211	106	27	-	-	PUNCT
dem-4211	106	28	risk	risk	NOUN
dem-4211	106	29	and	and	CCONJ
dem-4211	106	30	this	this	PRON
dem-4211	106	31	is	be	AUX
dem-4211	106	32	the	the	DET
dem-4211	106	33	consequence	consequence	NOUN
dem-4211	106	34	of	of	ADP
dem-4211	106	35	the	the	DET
dem-4211	106	36	same	same	ADJ
dem-4211	106	37	property	property	NOUN
dem-4211	106	38	mentioned	mention	VERB
dem-4211	106	39	before	before	ADV
dem-4211	106	40	.	.	PUNCT
dem-4211	107	1	the	the	DET
dem-4211	107	2	lowest	low	ADJ
dem-4211	107	3	value	value	NOUN
dem-4211	107	4	of	of	ADP
dem-4211	107	5	otl	otl	NOUN
dem-4211	107	6	for	for	ADP
dem-4211	107	7	var	var	NOUN
dem-4211	107	8	is	be	AUX
dem-4211	107	9	obtained	obtain	VERB
dem-4211	107	10	for	for	ADP
dem-4211	107	11	garch	garch	NOUN
dem-4211	107	12	td	td	NOUN
dem-4211	107	13	model	model	NOUN
dem-4211	107	14	.	.	PUNCT
dem-4211	108	1	we	we	PRON
dem-4211	108	2	have	have	VERB
dem-4211	108	3	this	this	DET
dem-4211	108	4	kind	kind	NOUN
dem-4211	108	5	of	of	ADP
dem-4211	108	6	result	result	NOUN
dem-4211	108	7	because	because	SCONJ
dem-4211	108	8	the	the	DET
dem-4211	108	9	standard	standard	ADJ
dem-4211	108	10	garch	garch	NOUN
dem-4211	108	11	model	model	NOUN
dem-4211	108	12	do	do	AUX
dem-4211	108	13	not	not	PART
dem-4211	108	14	take	take	VERB
dem-4211	108	15	into	into	ADP
dem-4211	108	16	consideration	consideration	NOUN
dem-4211	108	17	the	the	DET
dem-4211	108	18	extremes	extreme	NOUN
dem-4211	108	19	like	like	ADP
dem-4211	108	20	the	the	DET
dem-4211	108	21	other	other	ADJ
dem-4211	108	22	models	model	NOUN
dem-4211	108	23	in	in	ADP
dem-4211	108	24	the	the	DET
dem-4211	108	25	analysis	analysis	NOUN
dem-4211	108	26	and	and	CCONJ
dem-4211	108	27	that	that	PRON
dem-4211	108	28	is	be	AUX
dem-4211	108	29	why	why	SCONJ
dem-4211	108	30	the	the	DET
dem-4211	108	31	overestimation	overestimation	NOUN
dem-4211	108	32	is	be	AUX
dem-4211	108	33	the	the	DET
dem-4211	108	34	lowest	low	ADJ
dem-4211	108	35	.	.	PUNCT
dem-4211	109	1	the	the	DET
dem-4211	109	2	next	next	ADJ
dem-4211	109	3	in	in	ADP
dem-4211	109	4	the	the	DET
dem-4211	109	5	ranking	ranking	NOUN
dem-4211	109	6	are	be	AUX
dem-4211	109	7	garch	garch	NOUN
dem-4211	109	8	and	and	CCONJ
dem-4211	109	9	ngarch	ngarch	NOUN
dem-4211	109	10	-	-	PUNCT
dem-4211	109	11	pot	pot	NOUN
dem-4211	109	12	models	model	NOUN
dem-4211	109	13	alternately	alternately	ADV
dem-4211	109	14	.	.	PUNCT
dem-4211	110	1	marcin	marcin	PROPN
dem-4211	110	2	fałdziński	fałdziński	VERB
dem-4211	110	3	124	124	NUM
dem-4211	110	4	table	table	NOUN
dem-4211	110	5	1	1	NUM
dem-4211	110	6	.	.	PUNCT
dem-4211	110	7	backtesting	backtesting	NOUN
dem-4211	110	8	results	result	NOUN
dem-4211	110	9	for	for	ADP
dem-4211	110	10	wig20	wig20	PROPN
dem-4211	110	11	and	and	CCONJ
dem-4211	110	12	sp500	sp500	PROPN
dem-4211	110	13	wig20	wig20	PROPN
dem-4211	110	14	α=0.05	α=0.05	NOUN
dem-4211	110	15	model	model	NOUN
dem-4211	110	16	tl	tl	PROPN
dem-4211	110	17	rank	rank	PROPN
dem-4211	110	18	tl	tl	PROPN
dem-4211	110	19	otl	otl	PROPN
dem-4211	110	20	var	var	PROPN
dem-4211	110	21	rank	rank	PROPN
dem-4211	110	22	otl	otl	PROPN
dem-4211	110	23	var	var	PROPN
dem-4211	110	24	otl	otl	PROPN
dem-4211	110	25	es	es	PROPN
dem-4211	110	26	rank	rank	PROPN
dem-4211	110	27	otl	otl	PROPN
dem-4211	110	28	es	es	PROPN
dem-4211	110	29	garch	garch	PROPN
dem-4211	110	30	0.0998	0.0998	NUM
dem-4211	110	31	11	11	NUM
dem-4211	110	32	2.788	2.788	NUM
dem-4211	110	33	3	3	NUM
dem-4211	110	34	7.446	7.446	NUM
dem-4211	110	35	7	7	NUM
dem-4211	110	36	garch	garch	NOUN
dem-4211	110	37	td	td	NOUN
dem-4211	110	38	0.2019	0.2019	NUM
dem-4211	110	39	15	15	NUM
dem-4211	110	40	2.680	2.680	NUM
dem-4211	110	41	1	1	NUM
dem-4211	110	42	10.111	10.111	NUM
dem-4211	110	43	14	14	NUM
dem-4211	110	44	ar	ar	NOUN
dem-4211	110	45	-	-	NOUN
dem-4211	110	46	garch	garch	NOUN
dem-4211	111	1	0.0927	0.0927	NUM
dem-4211	111	2	10	10	NUM
dem-4211	111	3	2.980	2.980	NUM
dem-4211	111	4	7	7	NUM
dem-4211	111	5	7.778	7.778	NUM
dem-4211	111	6	9	9	NUM
dem-4211	111	7	ar	ar	NOUN
dem-4211	111	8	-	-	PUNCT
dem-4211	111	9	garch	garch	NOUN
dem-4211	111	10	td	td	NOUN
dem-4211	111	11	0.1874	0.1874	NUM
dem-4211	111	12	14	14	NUM
dem-4211	111	13	2.812	2.812	NUM
dem-4211	111	14	4	4	NUM
dem-4211	111	15	10.416	10.416	NUM
dem-4211	111	16	15	15	NUM
dem-4211	111	17	sv	sv	NOUN
dem-4211	111	18	0.0281	0.0281	NUM
dem-4211	111	19	3	3	NUM
dem-4211	111	20	4.420	4.420	NUM
dem-4211	111	21	13	13	NUM
dem-4211	111	22	7.428	7.428	NUM
dem-4211	111	23	6	6	NUM
dem-4211	111	24	garch	garch	NOUN
dem-4211	111	25	-	-	PUNCT
dem-4211	111	26	pot	pot	NOUN
dem-4211	111	27	0.0498	0.0498	NUM
dem-4211	111	28	4	4	NUM
dem-4211	111	29	3.219	3.219	NUM
dem-4211	111	30	12	12	NUM
dem-4211	111	31	5.913	5.913	NUM
dem-4211	111	32	3	3	NUM
dem-4211	111	33	garch	garch	NOUN
dem-4211	111	34	-	-	PUNCT
dem-4211	111	35	pot	pot	NOUN
dem-4211	111	36	td	td	NOUN
dem-4211	111	37	0.0525	0.0525	NUM
dem-4211	111	38	5	5	NUM
dem-4211	111	39	3.115	3.115	NUM
dem-4211	111	40	9	9	NUM
dem-4211	111	41	5.733	5.733	NUM
dem-4211	111	42	2	2	NUM
dem-4211	111	43	ar	ar	NOUN
dem-4211	111	44	-	-	ADJ
dem-4211	111	45	garch	garch	NOUN
dem-4211	111	46	-	-	PUNCT
dem-4211	111	47	pot	pot	NOUN
dem-4211	112	1	0.0734	0.0734	NUM
dem-4211	112	2	7	7	NUM
dem-4211	112	3	3.118	3.118	NUM
dem-4211	112	4	10	10	NUM
dem-4211	112	5	6.817	6.817	NUM
dem-4211	112	6	4	4	NUM
dem-4211	112	7	ar	ar	NOUN
dem-4211	112	8	-	-	ADJ
dem-4211	112	9	garch	garch	NOUN
dem-4211	112	10	-	-	PUNCT
dem-4211	112	11	pot	pot	NOUN
dem-4211	112	12	td	td	NOUN
dem-4211	112	13	0.0530	0.0530	NUM
dem-4211	112	14	6	6	NUM
dem-4211	112	15	3.101	3.101	NUM
dem-4211	112	16	8	8	NUM
dem-4211	112	17	5.634	5.634	NUM
dem-4211	112	18	1	1	NUM
dem-4211	112	19	sv	sv	NOUN
dem-4211	112	20	-	-	PUNCT
dem-4211	112	21	pot	pot	NOUN
dem-4211	112	22	0.0069	0.0069	NUM
dem-4211	112	23	1	1	NUM
dem-4211	112	24	7.631	7.631	NUM
dem-4211	112	25	15	15	NUM
dem-4211	112	26	9.425	9.425	NUM
dem-4211	112	27	12	12	NUM
dem-4211	112	28	n	n	CCONJ
dem-4211	112	29	-	-	PUNCT
dem-4211	112	30	garch	garch	NOUN
dem-4211	112	31	-	-	PUNCT
dem-4211	112	32	pot	pot	NOUN
dem-4211	112	33	0.0823	0.0823	NUM
dem-4211	112	34	8	8	NUM
dem-4211	112	35	2.909	2.909	NUM
dem-4211	112	36	5	5	NUM
dem-4211	112	37	6.905	6.905	NUM
dem-4211	112	38	5	5	NUM
dem-4211	112	39	n	n	CCONJ
dem-4211	112	40	-	-	PUNCT
dem-4211	112	41	garch	garch	NOUN
dem-4211	112	42	-	-	PUNCT
dem-4211	112	43	pot	pot	NOUN
dem-4211	112	44	td	td	NOUN
dem-4211	112	45	0.1622	0.1622	NUM
dem-4211	112	46	13	13	NUM
dem-4211	112	47	2.775	2.775	NUM
dem-4211	112	48	2	2	NUM
dem-4211	112	49	9.031	9.031	NUM
dem-4211	112	50	11	11	NUM
dem-4211	112	51	n	n	CCONJ
dem-4211	112	52	-	-	PUNCT
dem-4211	112	53	ar	ar	NOUN
dem-4211	112	54	-	-	ADJ
dem-4211	112	55	garch	garch	NOUN
dem-4211	112	56	-	-	PUNCT
dem-4211	112	57	pot	pot	NOUN
dem-4211	112	58	0.0857	0.0857	NUM
dem-4211	112	59	9	9	NUM
dem-4211	112	60	3.126	3.126	NUM
dem-4211	112	61	11	11	NUM
dem-4211	112	62	7.679	7.679	NUM
dem-4211	112	63	8	8	NUM
dem-4211	112	64	n	n	CCONJ
dem-4211	112	65	-	-	PUNCT
dem-4211	112	66	ar	ar	NOUN
dem-4211	112	67	-	-	ADJ
dem-4211	112	68	garch	garch	NOUN
dem-4211	112	69	-	-	PUNCT
dem-4211	112	70	pot	pot	NOUN
dem-4211	112	71	td	td	NOUN
dem-4211	112	72	0.1609	0.1609	NUM
dem-4211	112	73	12	12	NUM
dem-4211	112	74	2.922	2.922	NUM
dem-4211	112	75	6	6	NUM
dem-4211	112	76	9.957	9.957	NUM
dem-4211	112	77	13	13	NUM
dem-4211	112	78	n	n	CCONJ
dem-4211	112	79	-	-	PUNCT
dem-4211	112	80	sv	sv	NOUN
dem-4211	112	81	-	-	PUNCT
dem-4211	112	82	pot	pot	NOUN
dem-4211	112	83	0.0162	0.0162	NUM
dem-4211	112	84	2	2	NUM
dem-4211	112	85	6.486	6.486	NUM
dem-4211	112	86	14	14	NUM
dem-4211	112	87	8.754	8.754	NUM
dem-4211	112	88	10	10	NUM
dem-4211	112	89	sp500	sp500	PROPN
dem-4211	112	90	α=0.05	α=0.05	NOUN
dem-4211	112	91	model	model	NOUN
dem-4211	112	92	tl	tl	PROPN
dem-4211	112	93	rank	rank	PROPN
dem-4211	112	94	lf	lf	PROPN
dem-4211	112	95	otl	otl	PROPN
dem-4211	112	96	var	var	PROPN
dem-4211	112	97	rank	rank	PROPN
dem-4211	112	98	otl	otl	PROPN
dem-4211	112	99	var	var	PROPN
dem-4211	112	100	otl	otl	PROPN
dem-4211	112	101	es	es	PROPN
dem-4211	112	102	rank	rank	PROPN
dem-4211	112	103	otl	otl	PROPN
dem-4211	112	104	es	es	PROPN
dem-4211	112	105	garch	garch	NOUN
dem-4211	112	106	0.0554	0.0554	NUM
dem-4211	112	107	11	11	NUM
dem-4211	112	108	1.890	1.890	NUM
dem-4211	112	109	3	3	NUM
dem-4211	112	110	5.025	5.025	NUM
dem-4211	112	111	8	8	NUM
dem-4211	112	112	garch	garch	NOUN
dem-4211	112	113	td	td	NOUN
dem-4211	112	114	0.1261	0.1261	NUM
dem-4211	112	115	15	15	NUM
dem-4211	112	116	1.807	1.807	NUM
dem-4211	112	117	1	1	NUM
dem-4211	112	118	6.827	6.827	NUM
dem-4211	112	119	13	13	NUM
dem-4211	112	120	ar	ar	NOUN
dem-4211	112	121	-	-	NOUN
dem-4211	112	122	garch	garch	NOUN
dem-4211	112	123	0.0495	0.0495	NUM
dem-4211	112	124	10	10	NUM
dem-4211	112	125	2.080	2.080	NUM
dem-4211	112	126	11	11	NUM
dem-4211	112	127	5.379	5.379	NUM
dem-4211	112	128	11	11	NUM
dem-4211	112	129	ar	ar	NOUN
dem-4211	112	130	-	-	ADJ
dem-4211	112	131	garch	garch	NOUN
dem-4211	112	132	td	td	NOUN
dem-4211	112	133	0.0997	0.0997	NUM
dem-4211	112	134	14	14	NUM
dem-4211	112	135	2.003	2.003	NUM
dem-4211	112	136	5	5	NUM
dem-4211	112	137	7.168	7.168	NUM
dem-4211	112	138	15	15	NUM
dem-4211	112	139	sv	sv	NOUN
dem-4211	112	140	0.0102	0.0102	NUM
dem-4211	112	141	3	3	NUM
dem-4211	112	142	2.344	2.344	NUM
dem-4211	112	143	13	13	NUM
dem-4211	112	144	3.850	3.850	NUM
dem-4211	112	145	5	5	NUM
dem-4211	112	146	garch	garch	NOUN
dem-4211	112	147	-	-	PUNCT
dem-4211	112	148	pot	pot	NOUN
dem-4211	112	149	0.0194	0.0194	NUM
dem-4211	112	150	7	7	NUM
dem-4211	112	151	2.038	2.038	NUM
dem-4211	112	152	7	7	NUM
dem-4211	112	153	3.450	3.450	NUM
dem-4211	112	154	1	1	NUM
dem-4211	112	155	garch	garch	NOUN
dem-4211	112	156	-	-	PUNCT
dem-4211	112	157	pot	pot	NOUN
dem-4211	112	158	td	td	NOUN
dem-4211	112	159	0.0191	0.0191	NUM
dem-4211	112	160	6	6	NUM
dem-4211	112	161	2.038	2.038	NUM
dem-4211	112	162	8	8	NUM
dem-4211	112	163	3.461	3.461	NUM
dem-4211	112	164	3	3	NUM
dem-4211	112	165	ar	ar	NOUN
dem-4211	112	166	-	-	ADJ
dem-4211	112	167	garch	garch	NOUN
dem-4211	112	168	-	-	PUNCT
dem-4211	112	169	pot	pot	NOUN
dem-4211	113	1	0.0191	0.0191	NUM
dem-4211	113	2	5	5	NUM
dem-4211	113	3	2.050	2.050	NUM
dem-4211	113	4	9	9	NUM
dem-4211	113	5	3.453	3.453	NUM
dem-4211	113	6	2	2	NUM
dem-4211	113	7	ar	ar	NOUN
dem-4211	113	8	-	-	ADJ
dem-4211	113	9	garch	garch	NOUN
dem-4211	113	10	-	-	PUNCT
dem-4211	113	11	pot	pot	NOUN
dem-4211	113	12	td	td	NOUN
dem-4211	113	13	0.0175	0.0175	NUM
dem-4211	113	14	4	4	NUM
dem-4211	113	15	2.051	2.051	NUM
dem-4211	113	16	10	10	NUM
dem-4211	113	17	3.489	3.489	NUM
dem-4211	113	18	4	4	NUM
dem-4211	113	19	sv	sv	NOUN
dem-4211	113	20	-	-	PUNCT
dem-4211	113	21	pot	pot	NOUN
dem-4211	113	22	0.0015	0.0015	NUM
dem-4211	113	23	1	1	NUM
dem-4211	113	24	4.048	4.048	NUM
dem-4211	113	25	15	15	NUM
dem-4211	113	26	5.108	5.108	NUM
dem-4211	113	27	9	9	NUM
dem-4211	113	28	n	n	CCONJ
dem-4211	113	29	-	-	PUNCT
dem-4211	113	30	garch	garch	NOUN
dem-4211	113	31	-	-	PUNCT
dem-4211	113	32	pot	pot	NOUN
dem-4211	113	33	0.0435	0.0435	NUM
dem-4211	113	34	8	8	NUM
dem-4211	113	35	1.890	1.890	NUM
dem-4211	113	36	4	4	NUM
dem-4211	113	37	4.762	4.762	NUM
dem-4211	113	38	7	7	NUM
dem-4211	113	39	n	n	CCONJ
dem-4211	113	40	-	-	PUNCT
dem-4211	113	41	garch	garch	NOUN
dem-4211	113	42	-	-	PUNCT
dem-4211	113	43	pot	pot	NOUN
dem-4211	113	44	td	td	NOUN
dem-4211	113	45	0.0854	0.0854	NUM
dem-4211	113	46	12	12	NUM
dem-4211	113	47	1.822	1.822	NUM
dem-4211	113	48	2	2	NUM
dem-4211	113	49	6.222	6.222	NUM
dem-4211	113	50	12	12	NUM
dem-4211	113	51	n	n	CCONJ
dem-4211	113	52	-	-	PUNCT
dem-4211	113	53	ar	ar	NOUN
dem-4211	113	54	-	-	ADJ
dem-4211	113	55	garch	garch	NOUN
dem-4211	113	56	-	-	PUNCT
dem-4211	113	57	pot	pot	NOUN
dem-4211	113	58	0.0440	0.0440	NUM
dem-4211	113	59	9	9	NUM
dem-4211	113	60	2.084	2.084	NUM
dem-4211	113	61	12	12	NUM
dem-4211	113	62	5.245	5.245	NUM
dem-4211	113	63	10	10	NUM
dem-4211	113	64	n	n	CCONJ
dem-4211	113	65	-	-	PUNCT
dem-4211	113	66	ar	ar	NOUN
dem-4211	113	67	-	-	ADJ
dem-4211	113	68	garch	garch	NOUN
dem-4211	113	69	-	-	PUNCT
dem-4211	113	70	pot	pot	NOUN
dem-4211	113	71	td	td	NOUN
dem-4211	113	72	0.0880	0.0880	NUM
dem-4211	113	73	13	13	NUM
dem-4211	113	74	2.006	2.006	NUM
dem-4211	113	75	6	6	NUM
dem-4211	113	76	6.873	6.873	NUM
dem-4211	113	77	14	14	NUM
dem-4211	113	78	n	n	CCONJ
dem-4211	113	79	-	-	PUNCT
dem-4211	113	80	sv	sv	NOUN
dem-4211	113	81	-	-	PUNCT
dem-4211	113	82	pot	pot	NOUN
dem-4211	113	83	0.0098	0.0098	NUM
dem-4211	113	84	2	2	NUM
dem-4211	113	85	2.959	2.959	NUM
dem-4211	113	86	14	14	NUM
dem-4211	113	87	4.315	4.315	NUM
dem-4211	113	88	6	6	NUM
dem-4211	113	89	note	note	NOUN
dem-4211	113	90	:	:	PUNCT
dem-4211	113	91	n	n	NUM
dem-4211	113	92	-	-	PUNCT
dem-4211	113	93	ar	ar	NOUN
dem-4211	113	94	-	-	ADJ
dem-4211	113	95	garch	garch	NOUN
dem-4211	113	96	-	-	PUNCT
dem-4211	113	97	pot	pot	NOUN
dem-4211	113	98	td	td	NOUN
dem-4211	113	99	means	mean	VERB
dem-4211	113	100	the	the	DET
dem-4211	113	101	new	new	ADJ
dem-4211	113	102	approach	approach	NOUN
dem-4211	113	103	proposed	propose	VERB
dem-4211	113	104	in	in	ADP
dem-4211	113	105	this	this	DET
dem-4211	113	106	paper	paper	NOUN
dem-4211	113	107	with	with	ADP
dem-4211	113	108	ar(1)-garch(1,1	ar(1)-garch(1,1	PROPN
dem-4211	113	109	)	)	PUNCT
dem-4211	113	110	model	model	NOUN
dem-4211	113	111	and	and	CCONJ
dem-4211	113	112	peak	peak	NOUN
dem-4211	113	113	over	over	ADP
dem-4211	113	114	threshold	threshold	NOUN
dem-4211	113	115	method	method	NOUN
dem-4211	113	116	where	where	SCONJ
dem-4211	113	117	t	t	NOUN
dem-4211	113	118	-	-	PUNCT
dem-4211	113	119	distribution	distribution	NOUN
dem-4211	113	120	was	be	AUX
dem-4211	113	121	applied	apply	VERB
dem-4211	113	122	.	.	PUNCT
dem-4211	114	1	respectively	respectively	ADV
dem-4211	114	2	other	other	ADJ
dem-4211	114	3	abbreviation	abbreviation	NOUN
dem-4211	114	4	are	be	AUX
dem-4211	114	5	constructed	construct	VERB
dem-4211	114	6	.	.	PUNCT
dem-4211	115	1	it	it	PRON
dem-4211	115	2	means	mean	VERB
dem-4211	115	3	that	that	SCONJ
dem-4211	115	4	the	the	DET
dem-4211	115	5	switching	switch	VERB
dem-4211	115	6	mechanism	mechanism	NOUN
dem-4211	115	7	takes	take	VERB
dem-4211	115	8	into	into	ADP
dem-4211	115	9	account	account	NOUN
dem-4211	115	10	non	non	NOUN
dem-4211	115	11	-	-	NOUN
dem-4211	115	12	extremes	extreme	NOUN
dem-4211	115	13	rather	rather	ADV
dem-4211	115	14	than	than	ADP
dem-4211	115	15	extremes	extreme	NOUN
dem-4211	115	16	.	.	PUNCT
dem-4211	116	1	in	in	ADP
dem-4211	116	2	case	case	NOUN
dem-4211	116	3	of	of	ADP
dem-4211	116	4	otl	otl	NOUN
dem-4211	116	5	for	for	ADP
dem-4211	116	6	var	var	NOUN
dem-4211	116	7	,	,	PUNCT
dem-4211	116	8	garch	garch	NOUN
dem-4211	116	9	-	-	PUNCT
dem-4211	116	10	pot	pot	NOUN
dem-4211	116	11	models	model	NOUN
dem-4211	116	12	are	be	AUX
dem-4211	116	13	better	well	ADJ
dem-4211	116	14	than	than	ADP
dem-4211	116	15	application	application	NOUN
dem-4211	116	16	of	of	ADP
dem-4211	116	17	modified	modify	VERB
dem-4211	116	18	pot	pot	NOUN
dem-4211	116	19	method	method	NOUN
dem-4211	116	20	with	with	ADP
dem-4211	116	21	volatility	volatility	NOUN
dem-4211	116	22	model	model	NOUN
dem-4211	116	23	…	…	PUNCT
dem-4211	116	24	125	125	NUM
dem-4211	116	25	the	the	DET
dem-4211	116	26	class	class	NOUN
dem-4211	116	27	of	of	ADP
dem-4211	116	28	the	the	DET
dem-4211	116	29	sv	sv	PROPN
dem-4211	116	30	models	model	NOUN
dem-4211	116	31	,	,	PUNCT
dem-4211	116	32	but	but	CCONJ
dem-4211	116	33	relatively	relatively	ADV
dem-4211	116	34	worse	bad	ADJ
dem-4211	116	35	than	than	ADP
dem-4211	116	36	the	the	DET
dem-4211	116	37	other	other	ADJ
dem-4211	116	38	models	model	NOUN
dem-4211	116	39	.	.	PUNCT
dem-4211	117	1	the	the	DET
dem-4211	117	2	lowest	low	ADJ
dem-4211	117	3	values	value	NOUN
dem-4211	117	4	of	of	ADP
dem-4211	117	5	otl	otl	NOUN
dem-4211	117	6	for	for	ADP
dem-4211	117	7	expected	expect	VERB
dem-4211	117	8	shortfall	shortfall	NOUN
dem-4211	117	9	have	have	AUX
dem-4211	117	10	been	be	AUX
dem-4211	117	11	obtained	obtain	VERB
dem-4211	117	12	for	for	ADP
dem-4211	117	13	garchpot	garchpot	NOUN
dem-4211	117	14	models	model	NOUN
dem-4211	117	15	.	.	PUNCT
dem-4211	118	1	generally	generally	ADV
dem-4211	118	2	we	we	PRON
dem-4211	118	3	can	can	AUX
dem-4211	118	4	say	say	VERB
dem-4211	118	5	that	that	SCONJ
dem-4211	118	6	n	n	CCONJ
dem-4211	118	7	-	-	PUNCT
dem-4211	118	8	garch	garch	NOUN
dem-4211	118	9	-	-	PUNCT
dem-4211	118	10	pot	pot	NOUN
dem-4211	118	11	models	model	NOUN
dem-4211	118	12	are	be	AUX
dem-4211	118	13	relatively	relatively	ADV
dem-4211	118	14	better	well	ADJ
dem-4211	118	15	than	than	ADP
dem-4211	118	16	garch	garch	NOUN
dem-4211	118	17	models	model	NOUN
dem-4211	118	18	in	in	ADP
dem-4211	118	19	case	case	NOUN
dem-4211	118	20	of	of	ADP
dem-4211	118	21	otl	otl	NOUN
dem-4211	118	22	for	for	ADP
dem-4211	118	23	es	es	NOUN
dem-4211	118	24	.	.	NOUN
dem-4211	118	25	table	table	NOUN
dem-4211	118	26	2	2	NUM
dem-4211	118	27	.	.	PUNCT
dem-4211	118	28	ranking	rank	VERB
dem-4211	118	29	according	accord	VERB
dem-4211	118	30	to	to	ADP
dem-4211	118	31	total	total	ADJ
dem-4211	118	32	loss	loss	NOUN
dem-4211	118	33	tl	tl	PROPN
dem-4211	118	34	for	for	ADP
dem-4211	118	35	indices	index	NOUN
dem-4211	118	36	model	model	NOUN
dem-4211	118	37	wig	wig	NOUN
dem-4211	118	38	wig20	wig20	VERB
dem-4211	118	39	sp500	sp500	PROPN
dem-4211	118	40	dax	dax	PROPN
dem-4211	118	41	ftse100	ftse100	PROPN
dem-4211	118	42	nikkei225	nikkei225	PROPN
dem-4211	118	43	garch	garch	NOUN
dem-4211	118	44	10	10	NUM
dem-4211	118	45	11	11	NUM
dem-4211	118	46	11	11	NUM
dem-4211	118	47	9	9	NUM
dem-4211	118	48	11	11	NUM
dem-4211	118	49	10	10	NUM
dem-4211	118	50	garch	garch	NOUN
dem-4211	118	51	td	td	NOUN
dem-4211	118	52	15	15	NUM
dem-4211	118	53	15	15	NUM
dem-4211	118	54	15	15	NUM
dem-4211	118	55	15	15	NUM
dem-4211	118	56	15	15	NUM
dem-4211	118	57	15	15	NUM
dem-4211	118	58	ar	ar	NOUN
dem-4211	118	59	-	-	ADJ
dem-4211	118	60	garch	garch	NOUN
dem-4211	118	61	11	11	NUM
dem-4211	118	62	10	10	NUM
dem-4211	118	63	10	10	NUM
dem-4211	118	64	8	8	NUM
dem-4211	118	65	8	8	NUM
dem-4211	118	66	11	11	NUM
dem-4211	118	67	ar	ar	NOUN
dem-4211	118	68	-	-	ADJ
dem-4211	118	69	garch	garch	NOUN
dem-4211	118	70	td	td	NOUN
dem-4211	118	71	14	14	NUM
dem-4211	118	72	14	14	NUM
dem-4211	118	73	14	14	NUM
dem-4211	118	74	12	12	NUM
dem-4211	118	75	14	14	NUM
dem-4211	118	76	14	14	NUM
dem-4211	118	77	sv	sv	NOUN
dem-4211	118	78	3	3	NUM
dem-4211	118	79	3	3	NUM
dem-4211	118	80	3	3	NUM
dem-4211	118	81	3	3	NUM
dem-4211	118	82	3	3	NUM
dem-4211	118	83	3	3	NUM
dem-4211	118	84	garch	garch	NOUN
dem-4211	118	85	-	-	PUNCT
dem-4211	118	86	pot	pot	NOUN
dem-4211	118	87	6	6	NUM
dem-4211	118	88	4	4	NUM
dem-4211	118	89	7	7	NUM
dem-4211	118	90	5	5	NUM
dem-4211	118	91	4	4	NUM
dem-4211	118	92	7	7	NUM
dem-4211	118	93	garch	garch	NOUN
dem-4211	118	94	-	-	PUNCT
dem-4211	118	95	pot	pot	NOUN
dem-4211	118	96	td	td	NOUN
dem-4211	118	97	7	7	NUM
dem-4211	118	98	5	5	NUM
dem-4211	118	99	6	6	NUM
dem-4211	118	100	4	4	NUM
dem-4211	118	101	5	5	NUM
dem-4211	118	102	4	4	NUM
dem-4211	118	103	ar	ar	NOUN
dem-4211	118	104	-	-	ADJ
dem-4211	118	105	garch	garch	NOUN
dem-4211	118	106	-	-	PUNCT
dem-4211	118	107	pot	pot	NOUN
dem-4211	118	108	4	4	NUM
dem-4211	118	109	7	7	NUM
dem-4211	118	110	5	5	NUM
dem-4211	118	111	7	7	NUM
dem-4211	118	112	6	6	NUM
dem-4211	118	113	5	5	NUM
dem-4211	118	114	ar	ar	ADJ
dem-4211	118	115	-	-	ADJ
dem-4211	118	116	garch	garch	NOUN
dem-4211	118	117	-	-	PUNCT
dem-4211	118	118	pot	pot	NOUN
dem-4211	118	119	td	td	NOUN
dem-4211	118	120	5	5	NUM
dem-4211	118	121	6	6	NUM
dem-4211	118	122	4	4	NUM
dem-4211	118	123	6	6	NUM
dem-4211	118	124	7	7	NUM
dem-4211	118	125	6	6	NUM
dem-4211	118	126	sv	sv	NOUN
dem-4211	118	127	-	-	PUNCT
dem-4211	118	128	pot	pot	NOUN
dem-4211	118	129	1	1	NUM
dem-4211	118	130	1	1	NUM
dem-4211	118	131	1	1	NUM
dem-4211	118	132	1	1	NUM
dem-4211	118	133	1	1	NUM
dem-4211	118	134	1	1	NUM
dem-4211	118	135	n	n	CCONJ
dem-4211	118	136	-	-	PUNCT
dem-4211	118	137	garch	garch	NOUN
dem-4211	118	138	-	-	PUNCT
dem-4211	118	139	pot	pot	NOUN
dem-4211	118	140	9	9	NUM
dem-4211	118	141	8	8	NUM
dem-4211	118	142	8	8	NUM
dem-4211	118	143	11	11	NUM
dem-4211	118	144	10	10	NUM
dem-4211	118	145	9	9	NUM
dem-4211	118	146	n	n	CCONJ
dem-4211	118	147	-	-	PUNCT
dem-4211	118	148	garch	garch	NOUN
dem-4211	118	149	-	-	PUNCT
dem-4211	118	150	pot	pot	NOUN
dem-4211	118	151	td	td	NOUN
dem-4211	118	152	13	13	NUM
dem-4211	118	153	13	13	NUM
dem-4211	118	154	12	12	NUM
dem-4211	118	155	14	14	NUM
dem-4211	118	156	12	12	NUM
dem-4211	118	157	13	13	NUM
dem-4211	118	158	n	n	CCONJ
dem-4211	118	159	-	-	PUNCT
dem-4211	118	160	ar	ar	NOUN
dem-4211	118	161	-	-	ADJ
dem-4211	118	162	garch	garch	NOUN
dem-4211	118	163	-	-	PUNCT
dem-4211	118	164	pot	pot	NOUN
dem-4211	118	165	8	8	NUM
dem-4211	118	166	9	9	NUM
dem-4211	118	167	9	9	NUM
dem-4211	118	168	10	10	NUM
dem-4211	118	169	9	9	NUM
dem-4211	118	170	8	8	NUM
dem-4211	118	171	n	n	CCONJ
dem-4211	118	172	-	-	PUNCT
dem-4211	118	173	ar	ar	NOUN
dem-4211	118	174	-	-	ADJ
dem-4211	118	175	garch	garch	NOUN
dem-4211	118	176	-	-	PUNCT
dem-4211	118	177	pot	pot	NOUN
dem-4211	118	178	td	td	NOUN
dem-4211	118	179	12	12	NUM
dem-4211	118	180	12	12	NUM
dem-4211	118	181	13	13	NUM
dem-4211	118	182	13	13	NUM
dem-4211	118	183	13	13	NUM
dem-4211	118	184	12	12	NUM
dem-4211	118	185	n	n	CCONJ
dem-4211	118	186	-	-	PUNCT
dem-4211	118	187	sv	sv	NOUN
dem-4211	118	188	-	-	PUNCT
dem-4211	118	189	pot	pot	NOUN
dem-4211	118	190	2	2	NUM
dem-4211	118	191	2	2	NUM
dem-4211	118	192	2	2	NUM
dem-4211	118	193	2	2	NUM
dem-4211	118	194	2	2	NUM
dem-4211	118	195	2	2	NUM
dem-4211	118	196	table	table	NOUN
dem-4211	118	197	3	3	NUM
dem-4211	118	198	.	.	PUNCT
dem-4211	118	199	ranking	rank	VERB
dem-4211	118	200	according	accord	VERB
dem-4211	118	201	to	to	ADP
dem-4211	118	202	total	total	ADJ
dem-4211	118	203	loss	loss	NOUN
dem-4211	118	204	of	of	ADP
dem-4211	118	205	overestimation	overestimation	NOUN
dem-4211	118	206	otl	otl	NOUN
dem-4211	118	207	for	for	ADP
dem-4211	118	208	var	var	NOUN
dem-4211	118	209	model	model	NOUN
dem-4211	118	210	wig	wig	NOUN
dem-4211	118	211	wig20	wig20	VERB
dem-4211	118	212	sp500	sp500	PROPN
dem-4211	118	213	dax	dax	PROPN
dem-4211	118	214	ftse100	ftse100	PROPN
dem-4211	118	215	nikkei225	nikkei225	PROPN
dem-4211	118	216	garch	garch	NOUN
dem-4211	118	217	3	3	NUM
dem-4211	118	218	3	3	NUM
dem-4211	118	219	3	3	NUM
dem-4211	118	220	4	4	NUM
dem-4211	118	221	8	8	NUM
dem-4211	118	222	11	11	NUM
dem-4211	118	223	garch	garch	NOUN
dem-4211	118	224	td	td	NOUN
dem-4211	118	225	1	1	NUM
dem-4211	118	226	1	1	NUM
dem-4211	118	227	1	1	NUM
dem-4211	118	228	2	2	NUM
dem-4211	118	229	2	2	NUM
dem-4211	118	230	8	8	NUM
dem-4211	118	231	ar	ar	NOUN
dem-4211	118	232	-	-	NOUN
dem-4211	118	233	garch	garch	NOUN
dem-4211	118	234	6	6	NUM
dem-4211	118	235	7	7	NUM
dem-4211	118	236	11	11	NUM
dem-4211	118	237	12	12	NUM
dem-4211	118	238	12	12	NUM
dem-4211	118	239	12	12	NUM
dem-4211	118	240	ar	ar	ADJ
dem-4211	118	241	-	-	ADJ
dem-4211	118	242	garch	garch	NOUN
dem-4211	118	243	td	td	NOUN
dem-4211	118	244	4	4	NUM
dem-4211	118	245	4	4	NUM
dem-4211	118	246	5	5	NUM
dem-4211	118	247	11	11	NUM
dem-4211	118	248	10	10	NUM
dem-4211	118	249	7	7	NUM
dem-4211	118	250	sv	sv	PROPN
dem-4211	118	251	13	13	NUM
dem-4211	118	252	13	13	NUM
dem-4211	118	253	13	13	NUM
dem-4211	118	254	13	13	NUM
dem-4211	118	255	13	13	NUM
dem-4211	118	256	13	13	NUM
dem-4211	118	257	garch	garch	NOUN
dem-4211	118	258	-	-	PUNCT
dem-4211	118	259	pot	pot	NOUN
dem-4211	118	260	10	10	NUM
dem-4211	118	261	12	12	NUM
dem-4211	118	262	7	7	NUM
dem-4211	118	263	7	7	NUM
dem-4211	118	264	4	4	NUM
dem-4211	118	265	4	4	NUM
dem-4211	118	266	garch	garch	NOUN
dem-4211	118	267	-	-	PUNCT
dem-4211	118	268	pot	pot	NOUN
dem-4211	118	269	td	td	NOUN
dem-4211	118	270	8	8	NUM
dem-4211	118	271	9	9	NUM
dem-4211	118	272	8	8	NUM
dem-4211	118	273	8	8	NUM
dem-4211	118	274	3	3	NUM
dem-4211	118	275	1	1	NUM
dem-4211	118	276	ar	ar	NOUN
dem-4211	118	277	-	-	ADJ
dem-4211	118	278	garch	garch	NOUN
dem-4211	118	279	-	-	PUNCT
dem-4211	118	280	pot	pot	NOUN
dem-4211	118	281	12	12	NUM
dem-4211	118	282	10	10	NUM
dem-4211	118	283	9	9	NUM
dem-4211	118	284	5	5	NUM
dem-4211	118	285	5	5	NUM
dem-4211	118	286	3	3	NUM
dem-4211	118	287	ar	ar	NOUN
dem-4211	118	288	-	-	ADJ
dem-4211	118	289	garch	garch	NOUN
dem-4211	118	290	-	-	PUNCT
dem-4211	118	291	pot	pot	NOUN
dem-4211	118	292	td	td	NOUN
dem-4211	118	293	9	9	NUM
dem-4211	118	294	8	8	NUM
dem-4211	118	295	10	10	NUM
dem-4211	118	296	6	6	NUM
dem-4211	118	297	6	6	NUM
dem-4211	118	298	2	2	NUM
dem-4211	118	299	sv	sv	NOUN
dem-4211	118	300	-	-	PUNCT
dem-4211	118	301	pot	pot	NOUN
dem-4211	118	302	15	15	NUM
dem-4211	118	303	15	15	NUM
dem-4211	118	304	15	15	NUM
dem-4211	118	305	15	15	NUM
dem-4211	118	306	15	15	NUM
dem-4211	118	307	15	15	NUM
dem-4211	118	308	n	n	CCONJ
dem-4211	118	309	-	-	PUNCT
dem-4211	118	310	garch	garch	NOUN
dem-4211	118	311	-	-	PUNCT
dem-4211	118	312	pot	pot	NOUN
dem-4211	118	313	5	5	NUM
dem-4211	118	314	5	5	NUM
dem-4211	118	315	4	4	NUM
dem-4211	118	316	3	3	NUM
dem-4211	118	317	7	7	NUM
dem-4211	118	318	9	9	NUM
dem-4211	118	319	n	n	CCONJ
dem-4211	118	320	-	-	PUNCT
dem-4211	118	321	garch	garch	NOUN
dem-4211	118	322	-	-	PUNCT
dem-4211	118	323	pot	pot	NOUN
dem-4211	118	324	td	td	NOUN
dem-4211	118	325	2	2	NUM
dem-4211	118	326	2	2	NUM
dem-4211	118	327	2	2	NUM
dem-4211	118	328	1	1	NUM
dem-4211	118	329	1	1	NUM
dem-4211	118	330	5	5	NUM
dem-4211	118	331	n	n	CCONJ
dem-4211	118	332	-	-	PUNCT
dem-4211	118	333	ar	ar	NOUN
dem-4211	118	334	-	-	ADJ
dem-4211	118	335	garch	garch	NOUN
dem-4211	118	336	-	-	PUNCT
dem-4211	118	337	pot	pot	NOUN
dem-4211	118	338	11	11	NUM
dem-4211	118	339	11	11	NUM
dem-4211	118	340	12	12	NUM
dem-4211	118	341	10	10	NUM
dem-4211	118	342	11	11	NUM
dem-4211	118	343	10	10	NUM
dem-4211	118	344	n	n	CCONJ
dem-4211	118	345	-	-	PUNCT
dem-4211	118	346	ar	ar	NOUN
dem-4211	118	347	-	-	ADJ
dem-4211	118	348	garch	garch	NOUN
dem-4211	118	349	-	-	PUNCT
dem-4211	118	350	pot	pot	NOUN
dem-4211	118	351	td	td	NOUN
dem-4211	118	352	7	7	NUM
dem-4211	118	353	6	6	NUM
dem-4211	118	354	6	6	NUM
dem-4211	118	355	9	9	NUM
dem-4211	118	356	9	9	NUM
dem-4211	118	357	6	6	NUM
dem-4211	118	358	n	n	CCONJ
dem-4211	118	359	-	-	PUNCT
dem-4211	118	360	sv	sv	NOUN
dem-4211	118	361	-	-	PUNCT
dem-4211	118	362	pot	pot	NOUN
dem-4211	118	363	14	14	NUM
dem-4211	118	364	14	14	NUM
dem-4211	118	365	14	14	NUM
dem-4211	118	366	14	14	NUM
dem-4211	118	367	14	14	NUM
dem-4211	118	368	14	14	NUM
dem-4211	118	369	marcin	marcin	NOUN
dem-4211	118	370	fałdziński	fałdziński	VERB
dem-4211	118	371	126	126	NUM
dem-4211	118	372	if	if	SCONJ
dem-4211	118	373	we	we	PRON
dem-4211	118	374	compare	compare	VERB
dem-4211	118	375	models	model	NOUN
dem-4211	118	376	at	at	ADP
dem-4211	118	377	the	the	DET
dem-4211	118	378	same	same	ADJ
dem-4211	118	379	class	class	NOUN
dem-4211	118	380	based	base	VERB
dem-4211	118	381	on	on	ADP
dem-4211	118	382	total	total	ADJ
dem-4211	118	383	loss	loss	NOUN
dem-4211	118	384	tl	tl	PROPN
dem-4211	118	385	(	(	PUNCT
dem-4211	118	386	table	table	NOUN
dem-4211	118	387	2	2	NUM
dem-4211	118	388	)	)	PUNCT
dem-4211	118	389	we	we	PRON
dem-4211	118	390	can	can	AUX
dem-4211	118	391	state	state	VERB
dem-4211	118	392	that	that	PRON
dem-4211	118	393	new	new	ADJ
dem-4211	118	394	approach	approach	NOUN
dem-4211	118	395	is	be	AUX
dem-4211	118	396	placed	place	VERB
dem-4211	118	397	between	between	ADP
dem-4211	118	398	mcneil	mcneil	PROPN
dem-4211	118	399	and	and	CCONJ
dem-4211	118	400	frey	frey	PROPN
dem-4211	118	401	's	's	PART
dem-4211	118	402	method	method	NOUN
dem-4211	118	403	and	and	CCONJ
dem-4211	118	404	standard	standard	ADJ
dem-4211	118	405	volatility	volatility	NOUN
dem-4211	118	406	models	model	NOUN
dem-4211	118	407	.	.	PUNCT
dem-4211	119	1	similar	similar	ADJ
dem-4211	119	2	conclusion	conclusion	NOUN
dem-4211	119	3	can	can	AUX
dem-4211	119	4	be	be	AUX
dem-4211	119	5	deduced	deduce	VERB
dem-4211	119	6	from	from	ADP
dem-4211	119	7	the	the	DET
dem-4211	119	8	analysis	analysis	NOUN
dem-4211	119	9	of	of	ADP
dem-4211	119	10	total	total	ADJ
dem-4211	119	11	loss	loss	NOUN
dem-4211	119	12	of	of	ADP
dem-4211	119	13	overestimation	overestimation	NOUN
dem-4211	119	14	otl	otl	NOUN
dem-4211	119	15	for	for	ADP
dem-4211	119	16	expected	expect	VERB
dem-4211	119	17	shortfall	shortfall	NOUN
dem-4211	119	18	(	(	PUNCT
dem-4211	119	19	table	table	NOUN
dem-4211	119	20	4	4	NUM
dem-4211	119	21	)	)	PUNCT
dem-4211	119	22	.	.	PUNCT
dem-4211	120	1	it	it	PRON
dem-4211	120	2	means	mean	VERB
dem-4211	120	3	that	that	SCONJ
dem-4211	120	4	the	the	DET
dem-4211	120	5	new	new	ADJ
dem-4211	120	6	approach	approach	NOUN
dem-4211	120	7	is	be	AUX
dem-4211	120	8	as	as	ADV
dem-4211	120	9	good	good	ADJ
dem-4211	120	10	as	as	ADP
dem-4211	120	11	the	the	DET
dem-4211	120	12	specific	specific	ADJ
dem-4211	120	13	volatility	volatility	NOUN
dem-4211	120	14	model	model	NOUN
dem-4211	120	15	.	.	PUNCT
dem-4211	121	1	to	to	PART
dem-4211	121	2	be	be	AUX
dem-4211	121	3	accurate	accurate	ADJ
dem-4211	121	4	,	,	PUNCT
dem-4211	121	5	if	if	SCONJ
dem-4211	121	6	the	the	DET
dem-4211	121	7	forecast	forecast	NOUN
dem-4211	121	8	of	of	ADP
dem-4211	121	9	conditional	conditional	ADJ
dem-4211	121	10	mean	mean	NOUN
dem-4211	121	11	and	and	CCONJ
dem-4211	121	12	conditional	conditional	ADJ
dem-4211	121	13	volatility	volatility	NOUN
dem-4211	121	14	for	for	ADP
dem-4211	121	15	volatility	volatility	NOUN
dem-4211	121	16	model	model	NOUN
dem-4211	121	17	is	be	AUX
dem-4211	121	18	more	more	ADV
dem-4211	121	19	precise	precise	ADJ
dem-4211	121	20	,	,	PUNCT
dem-4211	121	21	then	then	ADV
dem-4211	121	22	the	the	DET
dem-4211	121	23	new	new	ADJ
dem-4211	121	24	approach	approach	NOUN
dem-4211	121	25	is	be	AUX
dem-4211	121	26	better	well	ADJ
dem-4211	121	27	than	than	ADP
dem-4211	121	28	two	two	NUM
dem-4211	121	29	other	other	ADJ
dem-4211	121	30	methods	method	NOUN
dem-4211	121	31	.	.	PUNCT
dem-4211	122	1	in	in	ADP
dem-4211	122	2	case	case	NOUN
dem-4211	122	3	of	of	ADP
dem-4211	122	4	total	total	ADJ
dem-4211	122	5	loss	loss	NOUN
dem-4211	122	6	of	of	ADP
dem-4211	122	7	overestimation	overestimation	NOUN
dem-4211	122	8	otl	otl	NOUN
dem-4211	122	9	for	for	ADP
dem-4211	122	10	value	value	NOUN
dem-4211	122	11	-	-	PUNCT
dem-4211	122	12	at	at	ADP
dem-4211	122	13	-	-	PUNCT
dem-4211	122	14	risk	risk	NOUN
dem-4211	122	15	(	(	PUNCT
dem-4211	122	16	table	table	NOUN
dem-4211	122	17	3	3	NUM
dem-4211	122	18	)	)	PUNCT
dem-4211	122	19	,	,	PUNCT
dem-4211	122	20	we	we	PRON
dem-4211	122	21	can	can	AUX
dem-4211	122	22	see	see	VERB
dem-4211	122	23	that	that	SCONJ
dem-4211	122	24	volatility	volatility	NOUN
dem-4211	122	25	models	model	NOUN
dem-4211	122	26	are	be	AUX
dem-4211	122	27	the	the	DET
dem-4211	122	28	best	good	ADJ
dem-4211	122	29	.	.	PUNCT
dem-4211	123	1	it	it	PRON
dem-4211	123	2	should	should	AUX
dem-4211	123	3	not	not	PART
dem-4211	123	4	be	be	AUX
dem-4211	123	5	a	a	DET
dem-4211	123	6	surprise	surprise	NOUN
dem-4211	123	7	,	,	PUNCT
dem-4211	123	8	because	because	SCONJ
dem-4211	123	9	var	var	PROPN
dem-4211	123	10	better	well	ADV
dem-4211	123	11	fits	fit	VERB
dem-4211	123	12	to	to	ADP
dem-4211	123	13	small	small	ADJ
dem-4211	123	14	and	and	CCONJ
dem-4211	123	15	mean	mean	ADJ
dem-4211	123	16	values	value	NOUN
dem-4211	123	17	of	of	ADP
dem-4211	123	18	financial	financial	ADJ
dem-4211	123	19	time	time	NOUN
dem-4211	123	20	series	series	NOUN
dem-4211	123	21	in	in	ADP
dem-4211	123	22	comparison	comparison	NOUN
dem-4211	123	23	with	with	ADP
dem-4211	123	24	es	es	NOUN
dem-4211	123	25	.	.	PUNCT
dem-4211	124	1	the	the	DET
dem-4211	124	2	new	new	ADJ
dem-4211	124	3	approach	approach	NOUN
dem-4211	124	4	which	which	PRON
dem-4211	124	5	connects	connect	VERB
dem-4211	124	6	volatility	volatility	NOUN
dem-4211	124	7	models	model	NOUN
dem-4211	124	8	and	and	CCONJ
dem-4211	124	9	pot	pot	NOUN
dem-4211	124	10	method	method	NOUN
dem-4211	124	11	,	,	PUNCT
dem-4211	124	12	like	like	ADP
dem-4211	124	13	before	before	ADV
dem-4211	124	14	is	be	AUX
dem-4211	124	15	placed	place	VERB
dem-4211	124	16	between	between	ADP
dem-4211	124	17	two	two	NUM
dem-4211	124	18	other	other	ADJ
dem-4211	124	19	methods	method	NOUN
dem-4211	124	20	,	,	PUNCT
dem-4211	124	21	but	but	CCONJ
dem-4211	124	22	sometimes	sometimes	ADV
dem-4211	124	23	this	this	DET
dem-4211	124	24	method	method	NOUN
dem-4211	124	25	is	be	AUX
dem-4211	124	26	the	the	DET
dem-4211	124	27	best	good	ADJ
dem-4211	124	28	.	.	PUNCT
dem-4211	125	1	table	table	NOUN
dem-4211	125	2	4	4	NUM
dem-4211	125	3	.	.	PUNCT
dem-4211	125	4	ranking	rank	VERB
dem-4211	125	5	according	accord	VERB
dem-4211	125	6	to	to	ADP
dem-4211	125	7	total	total	ADJ
dem-4211	125	8	loss	loss	NOUN
dem-4211	125	9	of	of	ADP
dem-4211	125	10	overestimation	overestimation	NOUN
dem-4211	125	11	otl	otl	NOUN
dem-4211	125	12	for	for	ADP
dem-4211	125	13	es	es	NOUN
dem-4211	125	14	model	model	NOUN
dem-4211	125	15	wig	wig	NOUN
dem-4211	125	16	wig20	wig20	VERB
dem-4211	125	17	sp500	sp500	PROPN
dem-4211	125	18	dax	dax	PROPN
dem-4211	125	19	ftse100	ftse100	PROPN
dem-4211	125	20	nikkei225	nikkei225	PROPN
dem-4211	125	21	garch	garch	NOUN
dem-4211	125	22	8	8	NUM
dem-4211	125	23	7	7	NUM
dem-4211	125	24	8	8	NUM
dem-4211	125	25	8	8	NUM
dem-4211	125	26	10	10	NUM
dem-4211	125	27	8	8	NUM
dem-4211	125	28	garch	garch	NOUN
dem-4211	125	29	td	td	NOUN
dem-4211	125	30	13	13	NUM
dem-4211	125	31	14	14	NUM
dem-4211	125	32	13	13	NUM
dem-4211	125	33	11	11	NUM
dem-4211	125	34	14	14	NUM
dem-4211	125	35	14	14	NUM
dem-4211	125	36	ar	ar	PROPN
dem-4211	125	37	-	-	ADJ
dem-4211	125	38	garch	garch	NOUN
dem-4211	125	39	9	9	NUM
dem-4211	125	40	9	9	NUM
dem-4211	125	41	11	11	NUM
dem-4211	125	42	9	9	NUM
dem-4211	125	43	11	11	NUM
dem-4211	125	44	9	9	NUM
dem-4211	125	45	ar	ar	NOUN
dem-4211	125	46	-	-	PUNCT
dem-4211	125	47	garch	garch	NOUN
dem-4211	125	48	td	td	NOUN
dem-4211	125	49	15	15	NUM
dem-4211	125	50	15	15	NUM
dem-4211	125	51	15	15	NUM
dem-4211	125	52	13	13	NUM
dem-4211	125	53	15	15	NUM
dem-4211	125	54	15	15	NUM
dem-4211	125	55	sv	sv	NOUN
dem-4211	125	56	5	5	NUM
dem-4211	125	57	6	6	NUM
dem-4211	125	58	5	5	NUM
dem-4211	125	59	12	12	NUM
dem-4211	125	60	5	5	NUM
dem-4211	125	61	5	5	NUM
dem-4211	125	62	garch	garch	NOUN
dem-4211	125	63	-	-	PUNCT
dem-4211	125	64	pot	pot	NOUN
dem-4211	125	65	3	3	NUM
dem-4211	125	66	3	3	NUM
dem-4211	125	67	1	1	NUM
dem-4211	125	68	4	4	NUM
dem-4211	125	69	2	2	NUM
dem-4211	125	70	4	4	NUM
dem-4211	125	71	garch	garch	NOUN
dem-4211	125	72	-	-	PUNCT
dem-4211	125	73	pot	pot	NOUN
dem-4211	125	74	td	td	NOUN
dem-4211	125	75	1	1	NUM
dem-4211	125	76	2	2	NUM
dem-4211	125	77	3	3	NUM
dem-4211	125	78	3	3	NUM
dem-4211	125	79	1	1	NUM
dem-4211	125	80	2	2	NUM
dem-4211	125	81	ar	ar	NOUN
dem-4211	125	82	-	-	ADJ
dem-4211	125	83	garch	garch	NOUN
dem-4211	125	84	-	-	PUNCT
dem-4211	125	85	pot	pot	NOUN
dem-4211	125	86	4	4	NUM
dem-4211	125	87	4	4	NUM
dem-4211	125	88	2	2	NUM
dem-4211	125	89	2	2	NUM
dem-4211	125	90	3	3	NUM
dem-4211	125	91	3	3	NUM
dem-4211	125	92	ar	ar	NOUN
dem-4211	125	93	-	-	ADJ
dem-4211	125	94	garch	garch	NOUN
dem-4211	125	95	-	-	PUNCT
dem-4211	125	96	pot	pot	NOUN
dem-4211	125	97	td	td	NOUN
dem-4211	125	98	2	2	NUM
dem-4211	125	99	1	1	NUM
dem-4211	125	100	4	4	NUM
dem-4211	125	101	1	1	NUM
dem-4211	125	102	4	4	NUM
dem-4211	125	103	1	1	NUM
dem-4211	125	104	sv	sv	NOUN
dem-4211	125	105	-	-	PUNCT
dem-4211	125	106	pot	pot	NOUN
dem-4211	125	107	10	10	NUM
dem-4211	125	108	12	12	NUM
dem-4211	125	109	9	9	NUM
dem-4211	125	110	15	15	NUM
dem-4211	125	111	7	7	NUM
dem-4211	125	112	11	11	NUM
dem-4211	125	113	n	n	CCONJ
dem-4211	125	114	-	-	PUNCT
dem-4211	125	115	garch	garch	NOUN
dem-4211	125	116	-	-	PUNCT
dem-4211	125	117	pot	pot	NOUN
dem-4211	125	118	7	7	NUM
dem-4211	125	119	5	5	NUM
dem-4211	125	120	7	7	NUM
dem-4211	125	121	5	5	NUM
dem-4211	125	122	8	8	NUM
dem-4211	125	123	6	6	NUM
dem-4211	125	124	n	n	CCONJ
dem-4211	125	125	-	-	PUNCT
dem-4211	125	126	garch	garch	NOUN
dem-4211	125	127	-	-	PUNCT
dem-4211	125	128	pot	pot	NOUN
dem-4211	125	129	td	td	NOUN
dem-4211	125	130	12	12	NUM
dem-4211	125	131	11	11	NUM
dem-4211	125	132	12	12	NUM
dem-4211	125	133	7	7	NUM
dem-4211	125	134	12	12	NUM
dem-4211	125	135	13	13	NUM
dem-4211	125	136	n	n	CCONJ
dem-4211	125	137	-	-	PUNCT
dem-4211	125	138	ar	ar	NOUN
dem-4211	125	139	-	-	ADJ
dem-4211	125	140	garch	garch	NOUN
dem-4211	125	141	-	-	PUNCT
dem-4211	125	142	pot	pot	NOUN
dem-4211	125	143	11	11	NUM
dem-4211	125	144	8	8	NUM
dem-4211	125	145	10	10	NUM
dem-4211	125	146	6	6	NUM
dem-4211	125	147	9	9	NUM
dem-4211	125	148	7	7	NUM
dem-4211	125	149	n	n	CCONJ
dem-4211	125	150	-	-	PUNCT
dem-4211	125	151	ar	ar	NOUN
dem-4211	125	152	-	-	ADJ
dem-4211	125	153	garch	garch	NOUN
dem-4211	125	154	-	-	PUNCT
dem-4211	125	155	pot	pot	NOUN
dem-4211	125	156	td	td	NOUN
dem-4211	125	157	14	14	NUM
dem-4211	125	158	13	13	NUM
dem-4211	125	159	14	14	NUM
dem-4211	125	160	10	10	NUM
dem-4211	125	161	13	13	NUM
dem-4211	125	162	12	12	NUM
dem-4211	125	163	n	n	CCONJ
dem-4211	125	164	-	-	PUNCT
dem-4211	125	165	sv	sv	NOUN
dem-4211	125	166	-	-	PUNCT
dem-4211	125	167	pot	pot	NOUN
dem-4211	125	168	6	6	NUM
dem-4211	125	169	10	10	NUM
dem-4211	125	170	6	6	NUM
dem-4211	125	171	14	14	NUM
dem-4211	125	172	6	6	NUM
dem-4211	125	173	10	10	NUM
dem-4211	125	174	generally	generally	ADV
dem-4211	125	175	we	we	PRON
dem-4211	125	176	can	can	AUX
dem-4211	125	177	say	say	VERB
dem-4211	125	178	,	,	PUNCT
dem-4211	125	179	that	that	SCONJ
dem-4211	125	180	the	the	DET
dem-4211	125	181	new	new	ADJ
dem-4211	125	182	approach	approach	NOUN
dem-4211	125	183	,	,	PUNCT
dem-4211	125	184	which	which	PRON
dem-4211	125	185	is	be	AUX
dem-4211	125	186	a	a	DET
dem-4211	125	187	hybrid	hybrid	NOUN
dem-4211	125	188	of	of	ADP
dem-4211	125	189	standard	standard	ADJ
dem-4211	125	190	volatility	volatility	NOUN
dem-4211	125	191	models	model	NOUN
dem-4211	125	192	and	and	CCONJ
dem-4211	125	193	mcneil	mcneil	PROPN
dem-4211	125	194	and	and	CCONJ
dem-4211	125	195	frey	frey	PROPN
dem-4211	125	196	's	's	PART
dem-4211	125	197	method	method	NOUN
dem-4211	125	198	,	,	PUNCT
dem-4211	125	199	is	be	AUX
dem-4211	125	200	as	as	ADV
dem-4211	125	201	precise	precise	ADJ
dem-4211	125	202	as	as	ADP
dem-4211	125	203	the	the	DET
dem-4211	125	204	specific	specific	ADJ
dem-4211	125	205	volatility	volatility	NOUN
dem-4211	125	206	model	model	NOUN
dem-4211	125	207	and	and	CCONJ
dem-4211	125	208	is	be	AUX
dem-4211	125	209	able	able	ADJ
dem-4211	125	210	to	to	PART
dem-4211	125	211	forecast	forecast	VERB
dem-4211	125	212	the	the	DET
dem-4211	125	213	financial	financial	ADJ
dem-4211	125	214	time	time	NOUN
dem-4211	125	215	series	series	PROPN
dem-4211	125	216	.	.	PUNCT
dem-4211	126	1	references	reference	NOUN
dem-4211	126	2	alexander	alexander	PROPN
dem-4211	126	3	,	,	PUNCT
dem-4211	126	4	c.	c.	PROPN
dem-4211	126	5	(	(	PUNCT
dem-4211	126	6	2008	2008	NUM
dem-4211	126	7	)	)	PUNCT
dem-4211	126	8	,	,	PUNCT
dem-4211	126	9	market	market	NOUN
dem-4211	126	10	risk	risk	NOUN
dem-4211	126	11	analysis	analysis	NOUN
dem-4211	126	12	vol	vol	NOUN
dem-4211	126	13	.	.	PUNCT
dem-4211	127	1	iv	iv	NUM
dem-4211	127	2	:	:	PUNCT
dem-4211	127	3	value	value	NOUN
dem-4211	127	4	-	-	PUNCT
dem-4211	127	5	at	at	ADP
dem-4211	127	6	-	-	PUNCT
dem-4211	127	7	risk	risk	NOUN
dem-4211	127	8	models	model	NOUN
dem-4211	127	9	,	,	PUNCT
dem-4211	127	10	john	john	PROPN
dem-4211	127	11	wiley	wiley	PROPN
dem-4211	127	12	&	&	CCONJ
dem-4211	127	13	sons	sons	PROPN
dem-4211	127	14	ltd	ltd	PROPN
dem-4211	127	15	.	.	PROPN
dem-4211	127	16	,	,	PUNCT
dem-4211	127	17	new	new	PROPN
dem-4211	127	18	york	york	PROPN
dem-4211	127	19	.	.	PUNCT
dem-4211	128	1	angelidis	angelidis	PROPN
dem-4211	128	2	,	,	PUNCT
dem-4211	128	3	t.	t.	PROPN
dem-4211	128	4	,	,	PUNCT
dem-4211	128	5	degiannakis	degiannakis	PROPN
dem-4211	128	6	,	,	PUNCT
dem-4211	128	7	s.	s.	PROPN
dem-4211	128	8	(	(	PUNCT
dem-4211	128	9	2006	2006	NUM
dem-4211	128	10	)	)	PUNCT
dem-4211	128	11	,	,	PUNCT
dem-4211	128	12	backtesting	backteste	VERB
dem-4211	128	13	var	var	NOUN
dem-4211	128	14	models	model	NOUN
dem-4211	128	15	:	:	PUNCT
dem-4211	128	16	an	an	DET
dem-4211	128	17	expected	expect	VERB
dem-4211	128	18	shortfall	shortfall	NOUN
dem-4211	128	19	approach	approach	NOUN
dem-4211	128	20	,	,	PUNCT
dem-4211	128	21	working	working	NOUN
dem-4211	128	22	papers	paper	NOUN
dem-4211	128	23	,	,	PUNCT
dem-4211	128	24	university	university	NOUN
dem-4211	128	25	of	of	ADP
dem-4211	128	26	crete	crete	PROPN
dem-4211	128	27	,	,	PUNCT
dem-4211	128	28	athens	athens	PROPN
dem-4211	128	29	university	university	PROPN
dem-4211	128	30	of	of	ADP
dem-4211	128	31	economics	economic	NOUN
dem-4211	128	32	and	and	CCONJ
dem-4211	128	33	business	business	NOUN
dem-4211	128	34	.	.	PUNCT
dem-4211	129	1	artzner	artzner	NOUN
dem-4211	129	2	,	,	PUNCT
dem-4211	129	3	p.	p.	PROPN
dem-4211	129	4	,	,	PUNCT
dem-4211	129	5	delbaen	delbaen	PROPN
dem-4211	129	6	,	,	PUNCT
dem-4211	129	7	f.	f.	PROPN
dem-4211	129	8	,	,	PUNCT
dem-4211	129	9	eber	eber	PROPN
dem-4211	129	10	,	,	PUNCT
dem-4211	129	11	j.	j.	PROPN
dem-4211	129	12	m.	m.	PROPN
dem-4211	129	13	,	,	PUNCT
dem-4211	129	14	heath	heath	PROPN
dem-4211	129	15	,	,	PUNCT
dem-4211	129	16	d.	d.	PROPN
dem-4211	129	17	(	(	PUNCT
dem-4211	129	18	1997	1997	NUM
dem-4211	129	19	)	)	PUNCT
dem-4211	129	20	,	,	PUNCT
dem-4211	129	21	thinking	think	VERB
dem-4211	129	22	coherently	coherently	ADV
dem-4211	129	23	,	,	PUNCT
dem-4211	129	24	risk	risk	NOUN
dem-4211	129	25	,	,	PUNCT
dem-4211	129	26	10	10	NUM
dem-4211	129	27	,	,	PUNCT
dem-4211	129	28	68–71	68–71	NUM
dem-4211	129	29	.	.	PUNCT
dem-4211	130	1	application	application	NOUN
dem-4211	130	2	of	of	ADP
dem-4211	130	3	modified	modify	VERB
dem-4211	130	4	pot	pot	NOUN
dem-4211	130	5	method	method	NOUN
dem-4211	130	6	with	with	ADP
dem-4211	130	7	volatility	volatility	NOUN
dem-4211	130	8	model	model	NOUN
dem-4211	130	9	…	…	PUNCT
dem-4211	130	10	127	127	NUM
dem-4211	130	11	artzner	artzner	NOUN
dem-4211	130	12	,	,	PUNCT
dem-4211	130	13	p.	p.	PROPN
dem-4211	130	14	,	,	PUNCT
dem-4211	130	15	delbaen	delbaen	PROPN
dem-4211	130	16	f.	f.	PROPN
dem-4211	130	17	,	,	PUNCT
dem-4211	130	18	eber	eber	PROPN
dem-4211	130	19	j.m	j.m	PROPN
dem-4211	130	20	.	.	PROPN
dem-4211	130	21	,	,	PUNCT
dem-4211	130	22	heath	heath	PROPN
dem-4211	130	23	,	,	PUNCT
dem-4211	130	24	d.	d.	PROPN
dem-4211	130	25	(	(	PUNCT
dem-4211	130	26	1999	1999	NUM
dem-4211	130	27	)	)	PUNCT
dem-4211	130	28	,	,	PUNCT
dem-4211	130	29	coherent	coherent	ADJ
dem-4211	130	30	measures	measure	NOUN
dem-4211	130	31	of	of	ADP
dem-4211	130	32	risk	risk	NOUN
dem-4211	130	33	,	,	PUNCT
dem-4211	130	34	mathematical	mathematical	ADJ
dem-4211	130	35	finance	finance	NOUN
dem-4211	130	36	,	,	PUNCT
dem-4211	130	37	9	9	NUM
dem-4211	130	38	,	,	PUNCT
dem-4211	130	39	203–228	203–228	NUM
dem-4211	130	40	.	.	PUNCT
dem-4211	131	1	brooks	brooks	PROPN
dem-4211	131	2	,	,	PUNCT
dem-4211	131	3	c.	c.	PROPN
dem-4211	131	4	,	,	PUNCT
dem-4211	131	5	clare	clare	PROPN
dem-4211	131	6	,	,	PUNCT
dem-4211	131	7	a.d	a.d	PROPN
dem-4211	131	8	.	.	PROPN
dem-4211	131	9	,	,	PUNCT
dem-4211	131	10	dalle	dalle	PROPN
dem-4211	131	11	molle	molle	PROPN
dem-4211	131	12	,	,	PUNCT
dem-4211	131	13	j.w	j.w	PROPN
dem-4211	131	14	,	,	PUNCT
dem-4211	131	15	persand	persand	NOUN
dem-4211	131	16	,	,	PUNCT
dem-4211	131	17	g.	g.	PROPN
dem-4211	131	18	(	(	PUNCT
dem-4211	131	19	2006	2006	NUM
dem-4211	131	20	)	)	PUNCT
dem-4211	131	21	,	,	PUNCT
dem-4211	131	22	a	a	DET
dem-4211	131	23	comparison	comparison	NOUN
dem-4211	131	24	of	of	ADP
dem-4211	131	25	extreme	extreme	ADJ
dem-4211	131	26	value	value	NOUN
dem-4211	131	27	theory	theory	NOUN
dem-4211	131	28	approaches	approach	VERB
dem-4211	131	29	for	for	ADP
dem-4211	131	30	determining	determine	VERB
dem-4211	131	31	value	value	NOUN
dem-4211	131	32	at	at	ADP
dem-4211	131	33	risk	risk	NOUN
dem-4211	131	34	,	,	PUNCT
dem-4211	131	35	journal	journal	NOUN
dem-4211	131	36	of	of	ADP
dem-4211	131	37	empirical	empirical	ADJ
dem-4211	131	38	finance	finance	NOUN
dem-4211	131	39	,	,	PUNCT
dem-4211	131	40	12	12	NUM
dem-4211	131	41	,	,	PUNCT
dem-4211	131	42	339–352	339–352	NUM
dem-4211	131	43	.	.	PUNCT
dem-4211	132	1	christoffersen	christoffersen	PROPN
dem-4211	132	2	,	,	PUNCT
dem-4211	132	3	p.f	p.f	PROPN
dem-4211	132	4	.	.	PROPN
dem-4211	132	5	(	(	PUNCT
dem-4211	132	6	1998	1998	NUM
dem-4211	132	7	)	)	PUNCT
dem-4211	132	8	,	,	PUNCT
dem-4211	132	9	evaluating	evaluate	VERB
dem-4211	132	10	interval	interval	NOUN
dem-4211	132	11	forecasts	forecast	NOUN
dem-4211	132	12	,	,	PUNCT
dem-4211	132	13	international	international	ADJ
dem-4211	132	14	economic	economic	ADJ
dem-4211	132	15	review	review	NOUN
dem-4211	132	16	,	,	PUNCT
dem-4211	132	17	3	3	X
dem-4211	132	18	.	.	X
dem-4211	132	19	dowd	dowd	PROPN
dem-4211	132	20	,	,	PUNCT
dem-4211	132	21	k.	k.	PROPN
dem-4211	132	22	(	(	PUNCT
dem-4211	132	23	2005	2005	NUM
dem-4211	132	24	)	)	PUNCT
dem-4211	132	25	,	,	PUNCT
dem-4211	132	26	measuring	measure	VERB
dem-4211	132	27	market	market	NOUN
dem-4211	132	28	risk	risk	NOUN
dem-4211	132	29	second	second	PROPN
dem-4211	132	30	edition	edition	NOUN
dem-4211	132	31	,	,	PUNCT
dem-4211	132	32	john	john	PROPN
dem-4211	132	33	wiley	wiley	PROPN
dem-4211	132	34	&	&	CCONJ
dem-4211	132	35	sons	sons	PROPN
dem-4211	132	36	ltd	ltd	PROPN
dem-4211	132	37	.	.	PROPN
dem-4211	132	38	,	,	PUNCT
dem-4211	132	39	new	new	PROPN
dem-4211	132	40	york	york	PROPN
dem-4211	132	41	.	.	PUNCT
dem-4211	133	1	embrechts	embrecht	NOUN
dem-4211	133	2	,	,	PUNCT
dem-4211	133	3	p.	p.	PROPN
dem-4211	133	4	,	,	PUNCT
dem-4211	133	5	klüppelberg	klüppelberg	PROPN
dem-4211	133	6	,	,	PUNCT
dem-4211	133	7	c.	c.	PROPN
dem-4211	133	8	,	,	PUNCT
dem-4211	133	9	mikosch	mikosch	PROPN
dem-4211	133	10	,	,	PUNCT
dem-4211	133	11	t.	t.	PROPN
dem-4211	133	12	(	(	PUNCT
dem-4211	133	13	2003	2003	NUM
dem-4211	133	14	)	)	PUNCT
dem-4211	133	15	,	,	PUNCT
dem-4211	133	16	modelling	model	VERB
dem-4211	133	17	extremal	extremal	ADJ
dem-4211	133	18	events	event	NOUN
dem-4211	133	19	for	for	ADP
dem-4211	133	20	insurance	insurance	NOUN
dem-4211	133	21	and	and	CCONJ
dem-4211	133	22	finance	finance	NOUN
dem-4211	133	23	,	,	PUNCT
dem-4211	133	24	springer	springer	NOUN
dem-4211	133	25	,	,	PUNCT
dem-4211	133	26	berlin	berlin	PROPN
dem-4211	133	27	.	.	PUNCT
dem-4211	134	1	fałdziński	fałdziński	PROPN
dem-4211	134	2	,	,	PUNCT
dem-4211	134	3	m.	m.	NOUN
dem-4211	134	4	(	(	PUNCT
dem-4211	134	5	2008	2008	NUM
dem-4211	134	6	)	)	PUNCT
dem-4211	134	7	,	,	PUNCT
dem-4211	134	8	model	model	NOUN
dem-4211	134	9	warunkowej	warunkowej	PROPN
dem-4211	134	10	zmienności	zmienności	PROPN
dem-4211	134	11	wartości	wartości	PROPN
dem-4211	134	12	ekstremalnych	ekstremalnych	PROPN
dem-4211	134	13	(	(	PUNCT
dem-4211	134	14	conditional	conditional	ADJ
dem-4211	134	15	extreme	extreme	ADJ
dem-4211	134	16	value	value	NOUN
dem-4211	134	17	volatility	volatility	NOUN
dem-4211	134	18	model	model	NOUN
dem-4211	134	19	)	)	PUNCT
dem-4211	134	20	,	,	PUNCT
dem-4211	134	21	in	in	ADP
dem-4211	134	22	zieliński	zieliński	PROPN
dem-4211	134	23	z.	z.	PROPN
dem-4211	134	24	(	(	PUNCT
dem-4211	134	25	ed	ed	NOUN
dem-4211	134	26	.	.	PUNCT
dem-4211	134	27	)	)	PUNCT
dem-4211	134	28	,	,	PUNCT
dem-4211	134	29	współczesne	współczesne	VERB
dem-4211	134	30	trendy	trendy	ADJ
dem-4211	134	31	w	w	PROPN
dem-4211	134	32	ekonometrii	ekonometrii	NOUN
dem-4211	134	33	(	(	PUNCT
dem-4211	134	34	contemporary	contemporary	ADJ
dem-4211	134	35	trends	trend	NOUN
dem-4211	134	36	in	in	ADP
dem-4211	134	37	econometrics	econometric	NOUN
dem-4211	134	38	)	)	PUNCT
dem-4211	134	39	,	,	PUNCT
dem-4211	134	40	wydawnictwo	wydawnictwo	PROPN
dem-4211	134	41	wyższej	wyższej	VERB
dem-4211	134	42	szkoły	szkoły	NOUN
dem-4211	134	43	informatyki	informatyki	VERB
dem-4211	134	44	i	i	PRON
dem-4211	134	45	ekonomii	ekonomii	NOUN
dem-4211	134	46	,	,	PUNCT
dem-4211	134	47	olsztyn	olsztyn	PROPN
dem-4211	134	48	.	.	PUNCT
dem-4211	135	1	fałdziński	fałdziński	NOUN
dem-4211	135	2	,	,	PUNCT
dem-4211	135	3	m.	m.	NOUN
dem-4211	135	4	(	(	PUNCT
dem-4211	135	5	2009	2009	NUM
dem-4211	135	6	)	)	PUNCT
dem-4211	135	7	,	,	PUNCT
dem-4211	135	8	on	on	ADP
dem-4211	135	9	the	the	DET
dem-4211	135	10	empirical	empirical	ADJ
dem-4211	135	11	importance	importance	NOUN
dem-4211	135	12	of	of	ADP
dem-4211	135	13	the	the	DET
dem-4211	135	14	spectral	spectral	ADJ
dem-4211	135	15	risk	risk	NOUN
dem-4211	135	16	measure	measure	NOUN
dem-4211	135	17	with	with	ADP
dem-4211	135	18	extreme	extreme	ADJ
dem-4211	135	19	value	value	NOUN
dem-4211	135	20	theory	theory	NOUN
dem-4211	135	21	approach	approach	NOUN
dem-4211	135	22	,	,	PUNCT
dem-4211	135	23	forecasting	forecast	VERB
dem-4211	135	24	financial	financial	ADJ
dem-4211	135	25	markets	market	NOUN
dem-4211	135	26	and	and	CCONJ
dem-4211	135	27	economic	economic	ADJ
dem-4211	135	28	decisionmaking	decisionmake	VERB
dem-4211	135	29	findecon	findecon	NOUN
dem-4211	135	30	,	,	PUNCT
dem-4211	135	31	łódź	łódź	PROPN
dem-4211	135	32	,	,	PUNCT
dem-4211	135	33	submitted	submit	VERB
dem-4211	135	34	.	.	PUNCT
dem-4211	136	1	haas	haas	NOUN
dem-4211	136	2	,	,	PUNCT
dem-4211	136	3	m.	m.	NOUN
dem-4211	136	4	(	(	PUNCT
dem-4211	136	5	2001	2001	NUM
dem-4211	136	6	)	)	PUNCT
dem-4211	136	7	,	,	PUNCT
dem-4211	136	8	new	new	ADJ
dem-4211	136	9	methods	method	NOUN
dem-4211	136	10	in	in	ADP
dem-4211	136	11	backtesting	backteste	VERB
dem-4211	136	12	,	,	PUNCT
dem-4211	136	13	financial	financial	ADJ
dem-4211	136	14	engineering	engineering	NOUN
dem-4211	136	15	research	research	NOUN
dem-4211	136	16	center	center	NOUN
dem-4211	136	17	,	,	PUNCT
dem-4211	136	18	bonn	bonn	PROPN
dem-4211	136	19	harmantzis	harmantzis	NOUN
dem-4211	136	20	,	,	PUNCT
dem-4211	136	21	f.c	f.c	PROPN
dem-4211	136	22	.	.	PROPN
dem-4211	136	23	,	,	PUNCT
dem-4211	136	24	miao	miao	PROPN
dem-4211	136	25	,	,	PUNCT
dem-4211	136	26	l.	l.	PROPN
dem-4211	136	27	,	,	PUNCT
dem-4211	136	28	chien	chien	PROPN
dem-4211	136	29	,	,	PUNCT
dem-4211	136	30	y.	y.	PROPN
dem-4211	136	31	(	(	PUNCT
dem-4211	136	32	2006	2006	NUM
dem-4211	136	33	)	)	PUNCT
dem-4211	136	34	,	,	PUNCT
dem-4211	136	35	empirical	empirical	ADJ
dem-4211	136	36	study	study	NOUN
dem-4211	136	37	of	of	ADP
dem-4211	136	38	value	value	NOUN
dem-4211	136	39	-	-	PUNCT
dem-4211	136	40	at	at	ADP
dem-4211	136	41	-	-	PUNCT
dem-4211	136	42	risk	risk	NOUN
dem-4211	136	43	and	and	CCONJ
dem-4211	136	44	expected	expect	VERB
dem-4211	136	45	shortfall	shortfall	NOUN
dem-4211	136	46	models	model	NOUN
dem-4211	136	47	with	with	ADP
dem-4211	136	48	heavy	heavy	ADJ
dem-4211	136	49	tails	tail	NOUN
dem-4211	136	50	,	,	PUNCT
dem-4211	136	51	journal	journal	NOUN
dem-4211	136	52	of	of	ADP
dem-4211	136	53	risk	risk	NOUN
dem-4211	136	54	finance	finance	NOUN
dem-4211	136	55	,	,	PUNCT
dem-4211	136	56	7	7	NUM
dem-4211	136	57	,	,	PUNCT
dem-4211	136	58	no.2	no.2	PROPN
dem-4211	136	59	,	,	PUNCT
dem-4211	136	60	117–126	117–126	NUM
dem-4211	136	61	.	.	PUNCT
dem-4211	137	1	kuester	kuester	NOUN
dem-4211	137	2	,	,	PUNCT
dem-4211	137	3	k.	k.	PROPN
dem-4211	137	4	,	,	PUNCT
dem-4211	137	5	mittnik	mittnik	PROPN
dem-4211	137	6	,	,	PUNCT
dem-4211	137	7	s.	s.	PROPN
dem-4211	137	8	,	,	PUNCT
dem-4211	137	9	paolella	paolella	NOUN
dem-4211	137	10	,	,	PUNCT
dem-4211	137	11	m.s	m.s	PROPN
dem-4211	137	12	.	.	PROPN
dem-4211	137	13	(	(	PUNCT
dem-4211	137	14	2006	2006	NUM
dem-4211	137	15	)	)	PUNCT
dem-4211	137	16	,	,	PUNCT
dem-4211	137	17	value	value	NOUN
dem-4211	137	18	-	-	PUNCT
dem-4211	137	19	at	at	ADP
dem-4211	137	20	-	-	PUNCT
dem-4211	137	21	risk	risk	NOUN
dem-4211	137	22	prediction	prediction	NOUN
dem-4211	137	23	:	:	PUNCT
dem-4211	137	24	a	a	DET
dem-4211	137	25	comparison	comparison	NOUN
dem-4211	137	26	of	of	ADP
dem-4211	137	27	alternative	alternative	ADJ
dem-4211	137	28	strategies	strategy	NOUN
dem-4211	137	29	,	,	PUNCT
dem-4211	137	30	journal	journal	NOUN
dem-4211	137	31	of	of	ADP
dem-4211	137	32	financial	financial	ADJ
dem-4211	137	33	econometrics	econometric	NOUN
dem-4211	137	34	,	,	PUNCT
dem-4211	137	35	1	1	NUM
dem-4211	137	36	,	,	PUNCT
dem-4211	137	37	53–89	53–89	NUM
dem-4211	137	38	.	.	PUNCT
dem-4211	138	1	mcneil	mcneil	PROPN
dem-4211	138	2	,	,	PUNCT
dem-4211	138	3	j.a	j.a	PROPN
dem-4211	138	4	.	.	PROPN
dem-4211	138	5	,	,	PUNCT
dem-4211	138	6	frey	frey	PROPN
dem-4211	138	7	,	,	PUNCT
dem-4211	138	8	f.	f.	PROPN
dem-4211	138	9	(	(	PUNCT
dem-4211	138	10	2000	2000	NUM
dem-4211	138	11	)	)	PUNCT
dem-4211	138	12	,	,	PUNCT
dem-4211	138	13	estimation	estimation	NOUN
dem-4211	138	14	of	of	ADP
dem-4211	138	15	tail	tail	NOUN
dem-4211	138	16	-	-	PUNCT
dem-4211	138	17	related	relate	VERB
dem-4211	138	18	risk	risk	NOUN
dem-4211	138	19	measures	measure	NOUN
dem-4211	138	20	for	for	ADP
dem-4211	138	21	heteroscedastic	heteroscedastic	ADJ
dem-4211	138	22	financial	financial	ADJ
dem-4211	138	23	time	time	NOUN
dem-4211	138	24	series	series	PROPN
dem-4211	138	25	:	:	PUNCT
dem-4211	138	26	an	an	DET
dem-4211	138	27	extreme	extreme	ADJ
dem-4211	138	28	value	value	NOUN
dem-4211	138	29	approach	approach	NOUN
dem-4211	138	30	,	,	PUNCT
dem-4211	138	31	journal	journal	NOUN
dem-4211	138	32	of	of	ADP
dem-4211	138	33	empirical	empirical	ADJ
dem-4211	138	34	finance	finance	NOUN
dem-4211	138	35	,	,	PUNCT
dem-4211	138	36	7	7	NUM
dem-4211	138	37	,	,	PUNCT
dem-4211	138	38	271–300	271–300	NUM
dem-4211	138	39	.	.	PUNCT
dem-4211	138	40	osińska	osińska	PROPN
dem-4211	138	41	,	,	PUNCT
dem-4211	138	42	m.	m.	NOUN
dem-4211	138	43	,	,	PUNCT
dem-4211	138	44	fałdziński	fałdziński	NOUN
dem-4211	138	45	,	,	PUNCT
dem-4211	138	46	m.	m.	NOUN
dem-4211	138	47	(	(	PUNCT
dem-4211	138	48	2008	2008	NUM
dem-4211	138	49	)	)	PUNCT
dem-4211	138	50	,	,	PUNCT
dem-4211	138	51	garch	garch	NOUN
dem-4211	138	52	and	and	CCONJ
dem-4211	138	53	sv	sv	NOUN
dem-4211	138	54	models	model	NOUN
dem-4211	138	55	with	with	ADP
dem-4211	138	56	application	application	NOUN
dem-4211	138	57	of	of	ADP
dem-4211	138	58	extreme	extreme	ADJ
dem-4211	138	59	value	value	NOUN
dem-4211	138	60	theory	theory	NOUN
dem-4211	138	61	,	,	PUNCT
dem-4211	138	62	in	in	ADP
dem-4211	138	63	zieliński	zieliński	PROPN
dem-4211	138	64	z.	z.	PROPN
dem-4211	138	65	(	(	PUNCT
dem-4211	138	66	ed	ed	NOUN
dem-4211	138	67	.	.	PUNCT
dem-4211	138	68	)	)	PUNCT
dem-4211	138	69	,	,	PUNCT
dem-4211	138	70	dynamic	dynamic	ADJ
dem-4211	138	71	econometric	econometric	ADJ
dem-4211	138	72	models	model	NOUN
dem-4211	138	73	,	,	PUNCT
dem-4211	138	74	volume	volume	NOUN
dem-4211	138	75	8	8	NUM
dem-4211	138	76	,	,	PUNCT
dem-4211	138	77	umk	umk	ADJ
dem-4211	138	78	,	,	PUNCT
dem-4211	138	79	toruń	toruń	NOUN
dem-4211	138	80	.	.	PUNCT
dem-4211	139	1	szegö	szegö	PROPN
dem-4211	139	2	,	,	PUNCT
dem-4211	139	3	g.	g.	PROPN
dem-4211	139	4	(	(	PUNCT
dem-4211	139	5	2004	2004	NUM
dem-4211	139	6	)	)	PUNCT
dem-4211	139	7	,	,	PUNCT
dem-4211	139	8	risk	risk	NOUN
dem-4211	139	9	measures	measure	NOUN
dem-4211	139	10	for	for	ADP
dem-4211	139	11	the	the	DET
dem-4211	139	12	21st	21st	ADJ
dem-4211	139	13	century	century	NOUN
dem-4211	139	14	,	,	PUNCT
dem-4211	139	15	john	john	PROPN
dem-4211	139	16	wiley	wiley	PROPN
dem-4211	139	17	&	&	CCONJ
dem-4211	139	18	sons	sons	PROPN
dem-4211	139	19	ltd	ltd	PROPN
dem-4211	139	20	.	.	PROPN
dem-4211	139	21	,	,	PUNCT
dem-4211	139	22	west	west	PROPN
dem-4211	139	23	sussex	sussex	PROPN
dem-4211	139	24	,	,	PUNCT
dem-4211	139	25	uk	uk	PROPN
dem-4211	139	26	.	.	PROPN
dem-4211	139	27	zastosowanie	zastosowanie	PROPN
dem-4211	139	28	zmodyfikowanej	zmodyfikowanej	PROPN
dem-4211	139	29	metody	metody	ADJ
dem-4211	139	30	pot	pot	NOUN
dem-4211	139	31	z	z	PROPN
dem-4211	139	32	modelami	modelami	PROPN
dem-4211	139	33	zmienności	zmienności	PROPN
dem-4211	139	34	do	do	VERB
dem-4211	139	35	szacowania	szacowania	NOUN
dem-4211	139	36	miar	miar	NOUN
dem-4211	140	1	ryzyka	ryzyka	VERB
dem-4211	140	2	z	z	PROPN
dem-4211	141	1	a	a	DET
dem-4211	141	2	r	r	NOUN
dem-4211	141	3	y	y	PROPN
dem-4211	141	4	s	s	PROPN
dem-4211	141	5	t	t	NOUN
dem-4211	141	6	r	r	NOUN
dem-4211	141	7	e	e	PROPN
dem-4211	141	8	ś	ś	PROPN
dem-4211	141	9	c	c	PROPN
dem-4211	141	10	i.	i.	PROPN
dem-4211	141	11	celem	celem	PROPN
dem-4211	141	12	artykułu	artykułu	PROPN
dem-4211	141	13	jest	jest	PROPN
dem-4211	141	14	prezentacja	prezentacja	PROPN
dem-4211	141	15	nowego	nowego	PROPN
dem-4211	141	16	podejścia	podejścia	PROPN
dem-4211	141	17	mającego	mającego	NOUN
dem-4211	141	18	na	na	ADP
dem-4211	141	19	celu	celu	PROPN
dem-4211	141	20	połączenie	połączenie	PROPN
dem-4211	141	21	modeli	modeli	PROPN
dem-4211	142	1	zmienności	zmienności	PROPN
dem-4211	142	2	z	z	PROPN
dem-4211	143	1	metodą	metodą	PROPN
dem-4211	143	2	peaks	peak	NOUN
dem-4211	143	3	over	over	ADP
dem-4211	143	4	threshold	threshold	NOUN
dem-4211	143	5	(	(	PUNCT
dem-4211	143	6	pot	pot	NOUN
dem-4211	143	7	)	)	PUNCT
dem-4211	143	8	,	,	PUNCT
dem-4211	143	9	wywodzącą	wywodzącą	VERB
dem-4211	143	10	się	się	PROPN
dem-4211	143	11	z	z	PROPN
dem-4211	143	12	teorii	teorii	PROPN
dem-4211	143	13	wartości	wartości	PROPN
dem-4211	143	14	ekstremalnych	ekstremalnych	PROPN
dem-4211	143	15	.	.	PUNCT
dem-4211	144	1	podejście	podejście	NOUN
dem-4211	144	2	to	to	PART
dem-4211	144	3	opiera	opiera	VERB
dem-4211	144	4	się	się	NOUN
dem-4211	144	5	na	na	AUX
dem-4211	144	6	możliwości	możliwości	PROPN
dem-4211	144	7	szacowania	szacowania	NOUN
dem-4211	144	8	ekstremów	ekstremów	NOUN
dem-4211	144	9	na	na	PART
dem-4211	144	10	podstawie	podstawie	VERB
dem-4211	144	11	metody	metody	ADJ
dem-4211	144	12	pot	pot	NOUN
dem-4211	144	13	,	,	PUNCT
dem-4211	144	14	natomiast	natomiast	ADJ
dem-4211	144	15	wartości	wartości	NOUN
dem-4211	144	16	średnich	średnich	PRON
dem-4211	144	17	na	na	PART
dem-4211	144	18	podstawie	podstawie	VERB
dem-4211	144	19	modeli	modeli	PROPN
dem-4211	144	20	zmienności	zmienności	PROPN
dem-4211	144	21	.	.	PUNCT
dem-4211	145	1	nowe	nowe	PROPN
dem-4211	145	2	podejście	podejście	PROPN
dem-4211	145	3	jest	jest	PROPN
dem-4211	145	4	zastosowane	zastosowane	PROPN
dem-4211	145	5	do	do	AUX
dem-4211	145	6	estymacji	estymacji	NOUN
dem-4211	145	7	miar	miar	VERB
dem-4211	145	8	ryzyka	ryzyka	PROPN
dem-4211	145	9	(	(	PUNCT
dem-4211	145	10	var	var	NOUN
dem-4211	145	11	i	i	PRON
dem-4211	145	12	es	es	VERB
dem-4211	145	13	)	)	PUNCT
dem-4211	145	14	dla	dla	NOUN
dem-4211	145	15	finansowych	finansowych	PROPN
dem-4211	145	16	szeregów	szeregów	PROPN
dem-4211	145	17	czasowych	czasowych	PROPN
dem-4211	145	18	.	.	PUNCT
dem-4211	146	1	do	do	AUX
dem-4211	146	2	oceny	oceny	VERB
dem-4211	146	3	nowego	nowego	ADJ
dem-4211	146	4	podejścia	podejścia	PROPN
dem-4211	146	5	wykorzystano	wykorzystano	X
dem-4211	146	6	procedury	procedury	PROPN
dem-4211	146	7	testowania	testowania	NOUN
dem-4211	146	8	wstecznego	wstecznego	NOUN
dem-4211	146	9	.	.	PUNCT
dem-4211	147	1	w	w	NOUN
dem-4211	147	2	pracy	pracy	NOUN
dem-4211	147	3	zastosowano	zastosowano	NOUN
dem-4211	147	4	metodę	metodę	NOUN
dem-4211	147	5	pot	pot	NOUN
dem-4211	147	6	dla	dla	NOUN
dem-4211	147	7	stóp	stóp	NOUN
dem-4211	147	8	zwrotu	zwrotu	PROPN
dem-4211	147	9	indeksów	indeksów	PROPN
dem-4211	147	10	rynków	rynków	PROPN
dem-4211	147	11	finansowych	finansowych	PROPN
dem-4211	147	12	przefiltrowanych	przefiltrowanych	PROPN
dem-4211	147	13	za	za	PROPN
dem-4211	147	14	pomocą	pomocą	PROPN
dem-4211	147	15	modeli	modeli	PROPN
dem-4211	147	16	garch	garch	PROPN
dem-4211	147	17	oraz	oraz	PROPN
dem-4211	147	18	sv	sv	PROPN
dem-4211	147	19	,	,	PUNCT
dem-4211	147	20	które	które	PROPN
dem-4211	147	21	porównano	porównano	PROPN
dem-4211	147	22	z	z	PROPN
dem-4211	147	23	wynikami	wynikami	PROPN
dem-4211	147	24	otrzymanymi	otrzymanymi	PROPN
dem-4211	147	25	tylko	tylko	PROPN
dem-4211	147	26	za	za	PROPN
dem-4211	147	27	pomocą	pomocą	PROPN
dem-4211	147	28	modeli	modeli	PROPN
dem-4211	147	29	garch	garch	NOUN
dem-4211	148	1	i	i	PRON
dem-4211	148	2	sv	sv	VERB
dem-4211	148	3	.	.	PUNCT
dem-4211	149	1	s	s	PROPN
dem-4211	149	2	ł	ł	PROPN
dem-4211	149	3	o	o	X
dem-4211	149	4	w	w	NOUN
dem-4211	149	5	a	a	DET
dem-4211	149	6	k	k	X
dem-4211	149	7	l	l	NOUN
dem-4211	149	8	u	u	NOUN
dem-4211	150	1	c	c	NOUN
dem-4211	150	2	z	z	NOUN
dem-4211	150	3	o	o	X
dem-4211	150	4	w	w	PROPN
dem-4211	150	5	e	e	NOUN
dem-4211	150	6	:	:	PUNCT
dem-4211	150	7	teoria	teoria	ADJ
dem-4211	150	8	wartości	wartości	PROPN
dem-4211	150	9	ekstremalnych	ekstremalnych	NOUN
dem-4211	150	10	,	,	PUNCT
dem-4211	150	11	peaks	peak	NOUN
dem-4211	150	12	over	over	ADP
dem-4211	150	13	threshold	threshold	NOUN
dem-4211	150	14	,	,	PUNCT
dem-4211	150	15	miary	miary	ADJ
dem-4211	150	16	ryzyka	ryzyka	NOUN