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गार्छ मॉडल (अस्थिरता पूर्वानुमान)×उच्च-आवृत्ति डेटा और बाज़ार सूक्ष्म संरचना विश्लेषण×
क्षेत्रअर्थमितिवित्त
परिवारRegression modelRegression model
उद्भव वर्ष19862007
प्रवर्तकTim BollerslevHasbrouck (2007); Aït-Sahalia & Jacod (2014)
प्रकारConditional volatility modelMarket microstructure / high-frequency econometrics
मौलिक स्रोतBollerslev, T. (1986). Generalized Autoregressive Conditional Heteroskedasticity. Journal of Econometrics, 31(3), 307–327. DOI ↗Hasbrouck, J. (2007). Empirical Market Microstructure: The Institutions, Economics, and Econometrics of Securities Trading. Oxford University Press. ISBN: 978-0195301649
उपनामGARCH, GARCH(1,1), conditional volatility model, GARCH Modeli (Oynaklık Tahmini)market microstructure, high-frequency financial econometrics, tick data analysis, Yüksek Frekanslı Veri ve Piyasa Mikro Yapısı
संबंधित55
सारांशThe Generalized Autoregressive Conditional Heteroskedasticity (GARCH) model, introduced by Tim Bollerslev in 1986, models the time-varying conditional variance of a financial time series. It captures volatility clustering and the ARCH effect, and is the standard tool for estimating risk and volatility in return series.Market microstructure analysis studies how prices form from tick-level trade and quote data, examining order-book dynamics, the bid-ask spread, and price discovery. The modern econometric framework was set out by Hasbrouck (2007) and extended for high-frequency data by Aït-Sahalia and Jacod (2014).
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