GARCH and GARCH-M models imply that the volatility is weakening, and investors who used to be risk preference have become risk aversion.

 
  • GARCH和GARCH-M模型結論表明股市波動(dòng)趨緩,投資者由風(fēng)險偏好轉為風(fēng)險厭惡。
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