CCC-GARCH model

GPTKB entity

Statements (21)
Predicate Object
gptkbp:instanceOf gptkb:statistical_analysis
gptkb:time_series_model
gptkbp:assumes correlations between series are constant over time
gptkbp:citation Engle, R. (2002). Dynamic Conditional Correlation: A Simple Class of Multivariate GARCH Models. Journal of Business & Economic Statistics.
gptkbp:component univariate GARCH processes for each series
gptkbp:developedBy gptkb:Robert_F._Engle
gptkbp:extendsTo gptkb:DCC-GARCH_model
gptkbp:feature assumes constant conditional correlations
models time-varying variances
gptkbp:field finance
econometrics
gptkbp:fullName Constant Conditional Correlation Generalized Autoregressive Conditional Heteroskedasticity model
gptkbp:introducedIn 1990
gptkbp:limitation cannot capture time-varying correlations
gptkbp:relatedTo gptkb:DCC-GARCH_model
gptkb:GARCH_model
gptkbp:usedFor modeling volatility
multivariate time series analysis
gptkbp:bfsParent gptkb:DCC-GARCH_model
gptkbp:bfsLayer 7
http://www.w3.org/2000/01/rdf-schema#label CCC-GARCH model

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