Regression model

GJR-GARCH (Asimetrični GARCH)

GJR-GARCH je varijanta GARCH modela uslovne volatilnosti koja hvata asimetrični efekat negativnih šokova na volatilnost pomoću indikatorske promenljive. Uveli su ga Glosten, Jagannathan i Runkle (1993), sa blisko povezanim pragovnim formulacijom Zakoiana (1994).

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Izvori

  1. Glosten, L. R., Jagannathan, R. & Runkle, D. E. (1993). On the Relation Between the Expected Value and the Volatility of the Nominal Excess Return on Stocks. The Journal of Finance, 48(5), 1779-1801. DOI: 10.1111/j.1540-6261.1993.tb05128.x
  2. Zakoian, J. M. (1994). Threshold Heteroskedastic Models. Journal of Economic Dynamics and Control, 18(5), 931-955. DOI: 10.1016/0165-1889(94)90039-6

Kako citirati ovu stranicu

ScholarGate. (2026, June 1). Glosten-Jagannathan-Runkle GARCH. ScholarGate. https://scholargate.app/sr/econometrics/gjr-garch

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Citirana u

ScholarGateGJR-GARCH (Glosten-Jagannathan-Runkle GARCH). Preuzeto 2026-06-15 sa https://scholargate.app/sr/econometrics/gjr-garch · Skup podataka: https://doi.org/10.5281/zenodo.20539026