Linganisha mbinu

	GARCH (Robust DCC-GARCH) yenye uwezo wa kuendelea wa uhusiano wenye nguvu	Ubora wa Utegemezi wa Viga (VAR)
Nyanja	Ekonometriki	Ekonometriki
Familia	Regression model	Regression model
Mwaka wa asili	2002–2021	1980
Mwanzilishi	Engle (2002) for DCC; robust extensions by Pakel, Shephard, Sheppard, and Engle (2021)	Christopher A. Sims
Aina	Multivariate volatility model with robust estimation	Multivariate time-series model
Chanzo asilia	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.	Sims, C. A. (1980). Macroeconomics and Reality. Econometrica, 48(1), 1–48.
Majina mbadala	robust DCC-GARCH, robust dynamic conditional correlation, outlier-robust DCC, composite-likelihood DCC-GARCH	VAR, VAR model, vector autoregressive model, multivariate autoregression
Zinazohusiana	6	5
Muhtasari	The Robust DCC-GARCH model extends Engle's (2002) Dynamic Conditional Correlation framework by replacing standard quasi-maximum likelihood estimation with outlier-resistant or composite-likelihood techniques. This preserves accurate time-varying correlation estimation even when financial return data contain extreme observations, heavy tails, or structural irregularities.	Vector Autoregression is a multivariate time-series model in which each variable is regressed on its own lags and the lags of all other variables in the system. Originally proposed by Sims (1980) as a data-driven alternative to large structural macroeconomic models, VAR has become the standard workhorse for dynamic analysis in empirical economics and finance.