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Panel DCC-GARCH-model

Panel DCC-GARCH-modellen udvider Engles (2002) Dynamic Conditional Correlation GARCH-ramme til paneldata, idet den samlet modellerer tidsvarierende volatilitet og tværsnitskorrelationer på tværs af flere enheder (lande, virksomheder eller aktiver) over tid. Den tillader parvise korrelationer at variere dynamisk som reaktion på markedschok, samtidig med at den bevarer parsimoni via en totrinsestimering.

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  1. Engle, R. F. (2002). Dynamic conditional correlation: A simple class of multivariate generalized autoregressive conditional heteroscedasticity models. Journal of Business and Economic Statistics, 20(3), 339-350. DOI: 10.1198/073500102288618487
  2. Engle, R. F., & Sheppard, K. (2001). Theoretical and empirical properties of dynamic conditional correlation multivariate GARCH. NBER Working Paper 8554. National Bureau of Economic Research. link

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ScholarGate. (2026, June 3). Panel Dynamic Conditional Correlation GARCH Model. ScholarGate. https://scholargate.app/da/econometrics/panel-dcc-garch

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ScholarGatePanel DCC-GARCH (Panel Dynamic Conditional Correlation GARCH Model). Hentet 2026-06-15 fra https://scholargate.app/da/econometrics/panel-dcc-garch · Datasæt: https://doi.org/10.5281/zenodo.20539026