Answered: One of the shortcomings of ARCH and…

One of the shortcomings of ARCH and GARCH is that they are Symmetric that is why we use TARCH or TGARCH”. Explain this statement

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)

14th Edition

ISBN:9781305506381

Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Chapter8: Cost Analysis

Section: Chapter Questions

Problem 9E

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One of the shortcomings of ARCH and GARCH is that they are Symmetric that is why we use TARCH or TGARCH”. Explain this statement. Also specify and explain TARCH(1) model

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