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  • help with GARCH(1,1) constraint help!

    after running GARCH(1,1) with exogenous variable the result is showing below, is there any way I can put the constraint on cons which can make
    the coef. of cons be bigger than zero so coef. of SSEvariance can be more reasonable. can someone help me with this?

    ARCH family regression -- multiplicative heteroskedasticity

    Sample: 1 - 3975 Number of obs = 3975
    Distribution: Gaussian Wald chi2(.) = .
    Log likelihood = 12272.07 Prob > chi2 = .

    ------------------------------------------------------------------------------
    | OPG
    logreturnSP | Coef. Std. Err. z P>|z| [95% Conf. Interval]
    -------------+----------------------------------------------------------------
    logreturnSP |
    _cons | -.0005745 .0001535 -3.74 0.000 -.0008754 -.0002737
    -------------+----------------------------------------------------------------
    HET |
    SSEvariance | 1215.495 280.2632 4.34 0.000 666.1893 1764.801
    _cons | -13.37328 .1784485 -74.94 0.000 -13.72303 -13.02353
    -------------+----------------------------------------------------------------
    ARCH |
    arch |
    L1. | .088168 .0063126 13.97 0.000 .0757955 .1005406
    |
    garch |
    L1. | .8989451 .0071402 125.90 0.000 .8849505 .9129397
    ------------------------------------------------------------------------------
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