Table 4 GARCH Estimation results... | Emerald Publishing

Table 4

GARCH Estimation results

Variable	$μ$	$ω$	$α$	$β$
RBRENT	0.867*** (0.050)	−3.192*** (0.841)	0.267*** (0.074)	0.721*** (0.238)
RECN	0.261 (0.183)	−0.954 (0.648)	0.0725 (0.123)	0.919*** (0.059)
REIN	−0.584 (0.460)	−0.317** (0.130)	0.009*** (0.003)	0.956*** (0.018)
REJP	0.447* (0.233)	−7.481** (3.763)	0.486*** (0.114)	0.234 (0.407)
REKR	−0.231 (0.258)	−0.577** (0.232)	0.087 (0.100)	0.950*** (0.022)
REUS	0.190 (0.188)	−3.304 (3.602)	0.022 (0.166)	0.691** (0.333)

Variable	$μ$	$ω$	$α$	$β$
RBRENT	0.867*** (0.050)	−3.192*** (0.841)	0.267*** (0.074)	0.721*** (0.238)
RECN	0.261 (0.183)	−0.954 (0.648)	0.0725 (0.123)	0.919*** (0.059)
REIN	−0.584 (0.460)	−0.317** (0.130)	0.009*** (0.003)	0.956*** (0.018)
REJP	0.447* (0.233)	−7.481** (3.763)	0.486*** (0.114)	0.234 (0.407)
REKR	−0.231 (0.258)	−0.577** (0.232)	0.087 (0.100)	0.950*** (0.022)
REUS	0.190 (0.188)	−3.304 (3.602)	0.022 (0.166)	0.691** (0.333)

Note(s): *, **, and *** denote respectively degree of significance at the 10, 5, and 1% levels

Source(s): Author’s calculations based on using R program