{name} Model Equation

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Parameter	Value	t-statistic
α ARCH Response to squared shocks	0.5150	38.30***
β GARCH Volatility persistence	0.4620	41.46***
γ leverage Additional response to negative shocks	-0.0694	-5.39***
λ₁ tau intercept Baseline long-term coefficient	390,572.4000

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