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{name} Model Equation

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Param	Value	t-stat
ωconst	0.0394	2.34**
αARCH	0.0453	2.65***
βGARCH	0.9236	44.87***
γleverage	0.0457	1.62

Parameter	Value	t-statistic
ω const Unconditional variance weight	0.0394	2.34**
α ARCH Response to squared shocks	0.0453	2.65***
β GARCH Volatility persistence	0.9236	44.87***
γ leverage Additional response to negative shocks	0.0457	1.62

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Japan Hotel Reit Invt Corp GJR-GARCH Volatility Analysis

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News Impact Curve

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Parameter Estimates

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