highly significantp < 0.001
The subsequent GARCH(1,1) estimation yielded a highly significant persistence parameter (β = 0.9483, p < 0.001) and a sum of coefficients (α + β = 0.985) close to unity.
The subsequent GARCH(1,1) estimation yielded a highly significant persistence parameter (β = 0.9483, p < 0.001) and a sum of coefficients (α + β = 0.985) close to unity.