Publicação

Models with multiplicative decomposition of conditional variances and correlations

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Detalhes bibliográficos
Resumo:Univariate and multivariate GARCH type models with multiplicative decomposition of the variance to short and long run components are surveyed. The latter component can be either deterministic or stochastic. Examples of both types are studied.
Autores principais:Amado, Cristina
Outros Autores:Silvennoinen, Annastiina; Teräsvirta, Timo
Assunto:Conditional heteroskedasticity Deterministically varying correlations Multiplicative decomposition Nonstationary volatility
Ano:2018
País:Portugal
Tipo de documento:working paper
Tipo de acesso:acesso aberto
Instituição associada:Universidade do Minho
Idioma:inglês
Origem:RepositóriUM - Universidade do Minho
Descrição
Resumo:Univariate and multivariate GARCH type models with multiplicative decomposition of the variance to short and long run components are surveyed. The latter component can be either deterministic or stochastic. Examples of both types are studied.