Method evidence record
GJR-GARCH
GJR-GARCH is a variant of the GARCH conditional-volatility model that captures the asymmetric effect of negative shocks on volatility using an indicator variable. It was introduced by Glosten, Jagannathan and Runkle (1993), with a closely related threshold formulation by Zakoian (1994).
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Glosten-Jagannathan-Runkle GARCH
Taxonomic method record · regression-model / econometrics
- Glosten, L. R., Jagannathan, R. & Runkle, D. E. (1993). On the Relation Between the Expected Value and the Volatility of the Nominal Excess Return on Stocks. The Journal of Finance, 48(5), 1779-1801. · DOI 10.1111/j.1540-6261.1993.tb05128.x
- Zakoian, J. M. (1994). Threshold Heteroskedastic Models. Journal of Economic Dynamics and Control, 18(5), 931-955. · DOI 10.1016/0165-1889(94)90039-6
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