Per B. Solibakke
Dr.oecon Per B. Solibakke is the Professor of Corporate Finance at Department of International Business, Faculty of Economics and Management, Norwegian University of Science and Technology. He is Dean for the Economics and Management Education program. Professor Solibakke has taught Financial Management and Computational Economics and Econometrics at institutions of higher education. He has authored a variety of articles from merger and acquisitions to multifactor stochastic volatility models. He is a manuscript reviewer of many academic journals and national science foundations.
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This paper studies the characteristics of the conditional mean and volatility of daily price movements of the system price for the Nordic/Baltic one-day-ahead spot electric power market.