• Title of article

    Modelling squared returns using a SETAR model with long-memory dynamics

  • Author/Authors

    Gilles Dufrénot، نويسنده , , Dominique Guegan، نويسنده , , Anne Péguin-Feissolle، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2005
  • Pages
    7
  • From page
    237
  • To page
    243
  • Abstract
    This paper presents a two-regime SETAR model for the volatility with a long-memory process in the first regime and a short-memory process in the second regime. Persistence properties are studied and estimation methods are proposed. Such a process is applied to stock indices and individual asset prices.
  • Keywords
    SETAR , Long-memory , FARIMA models , Stock indices
  • Journal title
    Economics Letters
  • Serial Year
    2005
  • Journal title
    Economics Letters
  • Record number

    435597