Regression modelEconometrics / time series

Panel TGARCH (Threshold GARCH za panelne podatke)

Panel TGARCH proširuje Threshold GARCH (GJR-GARCH) model na panelne podatke, omogućavajući svakoj presečnoj jedinici da ispoljava asimetrične reakcije volatilnosti — gde negativni šokovi generišu veća povećanja varijanse od pozitivnih šokova iste magnitude — dok istovremeno koristi presečnu dimenziju za dobijanje efikasnijih procena parametara.

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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. 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 3). Panel Threshold Generalized Autoregressive Conditional Heteroscedasticity. ScholarGate. https://scholargate.app/sr/econometrics/panel-tgarch

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Citirana u

ScholarGatePanel TGARCH (Panel Threshold Generalized Autoregressive Conditional Heteroscedasticity). Preuzeto 2026-06-15 sa https://scholargate.app/sr/econometrics/panel-tgarch · Skup podataka: https://doi.org/10.5281/zenodo.20539026