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Тест на причинность по дисперсии×DCC-MIDAS×
ОбластьЭконометрикаЭконометрика
СемействоRegression modelRegression model
Год появления19962013
Автор методаYin-Wong Cheung and Lilian NgEngle, Ghysels, and Sohn
ТипConditional variance testTime-varying correlation model
Основополагающий источникCheung, Y. W., & Ng, L. K. (1996). A causality-in-variance test and its application to financial market prices. Journal of Econometrics, 72(1-2), 33-61. DOI ↗Engle, R. F., Ghysels, E., & Sohn, B. (2013). Stock market volatility and macroeconomic fundamentals. Review of Economics and Statistics, 95(3), 776-797. DOI ↗
Другие названияVolatility spillover testDCC mixed-frequency model
Связанные33
СводкаThe causality-in-variance test detects whether shocks to one variable cause changes in the conditional variance (volatility) of another variable, distinct from mean-level causality. Introduced by Cheung and Ng (1996), it identifies volatility spillovers and contagion effects—crucial for risk management and understanding financial market interdependencies. This approach has become standard in studying shock transmission across asset classes and geographies.DCC-MIDAS combines dynamic conditional correlation (DCC) GARCH with mixed-frequency data sampling (MIDAS), enabling estimation of time-varying correlations between variables when observations arrive at different frequencies. Introduced by Engle et al. (2013), it models how correlations evolve with low-frequency macroeconomic conditions using high-frequency asset price information. This is crucial for portfolio risk management and understanding macro-finance linkages.
ScholarGateНабор данных
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  2. 2 Источники
  3. PUBLISHED
  1. v1
  2. 2 Источники
  3. PUBLISHED

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ScholarGateСравнение методов: Causality in Variance Test · DCC-MIDAS. Получено 2026-06-18 из https://scholargate.app/ru/compare