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EGARCH de panel×Modelo Panel GARCH×
CampoEconometríaEconometría
FamiliaRegression modelRegression model
Año de origen1991 (EGARCH); panel extensions widely used from 2000s1986 (GARCH); panel extension 1990s–2000s
Autor originalDaniel B. Nelson (EGARCH); panel extension by applied econometrics literatureBollerslev (1986); extended to panel settings in subsequent literature
TipoVolatility modelVolatility model
Fuente seminalNelson, D. B. (1991). Conditional heteroskedasticity in asset returns: A new approach. Econometrica, 59(2), 347–370. DOI ↗Bollerslev, T. (1986). Generalized autoregressive conditional heteroskedasticity. Journal of Econometrics, 31(3), 307–327. DOI ↗
AliasPanel EGARCH model, panel exponential GARCH, EGARCH for panel data, cross-sectional EGARCHpanel GARCH, GARCH panel model, panel volatility model, panel conditional heteroscedasticity model
Relacionados46
ResumenPanel EGARCH extends Nelson's (1991) Exponential GARCH model to a panel setting, allowing conditional variance to evolve asymmetrically over time for each cross-sectional unit. The log specification ensures non-negative variance without parameter constraints, and the leverage term distinguishes whether negative shocks amplify volatility more than positive ones of equal magnitude.The Panel GARCH model extends Bollerslev's (1986) Generalized Autoregressive Conditional Heteroscedasticity framework to panel data, allowing conditional variance to evolve over time for each cross-sectional unit. It simultaneously captures unit-level heterogeneity and time-varying volatility clustering, making it the standard tool for modelling risk and uncertainty in multi-entity financial and macroeconomic panels.
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  1. v1
  2. 2 Fuentes
  3. PUBLISHED

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ScholarGateComparar métodos: Panel EGARCH · Panel GARCH model. Recuperado el 2026-06-17 de https://scholargate.app/es/compare