# wishart stochastic volatility models

Stochastic volatility models assume that volatility follow a random process.In the emerging market the volatility tend to be high. why is it that the wishart stochastic volatility model fit well the emerging market

• Do you have a source for the statement that "the wishart stochastic volatility model fits well the emerging markets". – noob2 Jan 26 '16 at 21:42