{name} Model Equation

Spline Coefficients

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Parameter	Value	t-statistic
α ARCH Response to squared shocks	0.1866	4.68***
β GARCH Volatility persistence	0.9047	333.97***
γ leverage Additional response to negative shocks	-0.1866	-2.47**
λ₁ tau intercept Baseline long-term coefficient	2,168,892.0000

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