Keywords: Unexpected volatility
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Journal Articles
Journal of Financial Economic Policy (2018) 10 (4): 438–455.
Published: 30 May 2018
... with a structural break in data for the period: 2000-2014. As preliminary results highlight the significant autocorrelations in stock returns, Threshold-GARCH (1,1) model is used to estimate the conditional volatility, which is further decomposed into expected and unexpected volatility. Findings Results...

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