{name} Model Equation

Spline Coefficients

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Parameter	Value	t-statistic
m window Rolling window length	86
α ARCH Response to squared shocks	0.1234	5.32***
β GARCH Volatility persistence	0.8748	415.38***
γ leverage Additional response to negative shocks	-0.1129	-2.59***
λ₁ tau intercept Baseline long-term coefficient	8.6115	16.62***
λ₂ forecast adj. Forecast performance sensitivity	0.0050	2.64***
λ₃ tau persistence Long-term factor persistence	0.9880	257.97***

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