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Exponential GARCH (EGARCH)×Modellen met langetermijngeheugen (ARFIMA, FIGARCH)×
VakgebiedEconometrieFinanciering
FamilieRegression modelRegression model
Jaar van ontstaan19911980
GrondleggerNelsonGranger & Joyeux (ARFIMA); Baillie, Bollerslev & Mikkelsen (FIGARCH)
TypeConditional volatility model (asymmetric GARCH variant)Fractionally integrated time series model
Oorspronkelijke bronNelson, D. B. (1991). Conditional Heteroskedasticity in Asset Returns: A New Approach. Econometrica, 59(2), 347-370. DOI ↗Granger, C. W. J. & Joyeux, R. (1980). An Introduction to Long-Memory Time Series Models and Fractional Differencing. Journal of Time Series Analysis, 1(1), 15-29. DOI ↗
Aliassenexponential GARCH, Nelson's EGARCH, asymmetric GARCH, EGARCH — Üstel GARCHARFIMA, FIGARCH, fractionally integrated models, fractional integration
Verwant44
SamenvattingEGARCH is an asymmetric GARCH variant, introduced by Nelson in 1991, that models the leverage effect in which bad news raises volatility more than good news of the same size. It captures the negative-shock asymmetry of financial return series by modelling the logarithm of the conditional variance.Long-memory models are fractional-integration methods that capture genuine long memory through a hyperbolically decaying autocorrelation structure. ARFIMA, introduced by Granger and Joyeux (1980), models long memory in return series, while FIGARCH, introduced by Baillie, Bollerslev and Mikkelsen (1996), captures long memory in volatility series; the parameter d measures the degree of fractional integration.
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ScholarGateMethoden vergelijken: EGARCH · Long-Memory Models. Geraadpleegd op 2026-06-19 via https://scholargate.app/nl/compare