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Bayesian Dynamic Conditional Correlation GARCH (Bayesian DCC-GARCH)

Bayesian DCC-GARCH estimerer tidvarierende korrelasjoner på tvers av flere finansielle eller økonomiske serier ved å kombinere Engle sin DCC-GARCH-struktur med Bayesiansk inferens. I stedet for å maksimere en sannsynlighet, plasserer den priorfordelinger over alle parametere og bruker Markov Chain Monte Carlo (MCMC)-sampling for å produsere fulle posteriorfordelinger, noe som gir rikere usikkerhetskvantifisering enn klassisk DCC-GARCH.

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Kilder

  1. Engle, R. F. (2002). Dynamic conditional correlation: A simple class of multivariate generalized autoregressive conditional heteroskedasticity models. Journal of Business and Economic Statistics, 20(3), 339-350. DOI: 10.1198/073500102288618487
  2. Virbickaite, A., Ausin, M. C., & Galeano, P. (2015). Bayesian inference methods for univariate and multivariate GARCH models: A survey. Journal of Economic Surveys, 29(1), 76-96. DOI: 10.1111/joes.12046

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ScholarGate. (2026, June 3). Bayesian Dynamic Conditional Correlation GARCH Model. ScholarGate. https://scholargate.app/no/econometrics/bayesian-dcc-garch

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ScholarGateBayesian DCC-GARCH (Bayesian Dynamic Conditional Correlation GARCH Model). Hentet 2026-06-15 fra https://scholargate.app/no/econometrics/bayesian-dcc-garch · Datasett: https://doi.org/10.5281/zenodo.20539026