Estimation of a GARCH extension

For questions regarding programming in the EViews programming language.

Moderators: EViews Gareth, EViews Moderator, EViews Jason, EViews Matt

mectricsdonk
Posts: 29
Joined: Fri Oct 01, 2010 2:51 pm

Estimation of a GARCH extension

Postby mectricsdonk » Mon Nov 22, 2010 5:43 am

{using Eviews 6}

Dear Eview fanatics :eviews6:

I would like to use eviews to estimate a Realized GARCH model (Hansen, Huang, Shek, 2010). This would involve programming it, since the model is relatively new and it isn't integrated in eviews. I did the programming tutorials in "An introduction to Eviews programming", but didn't get any wiser on how to launch my project.
I was wondering if someone could give me a rough guide line on where and how to start. And, perhaps, have an information source about it.

About my project:
I'm doing research in verifying whether the Realized GARCH model creates better predictions than other GARCH models. The Realized GARCH model alows for leverage effects as a few other structures such as EGARCH or TGARCH. The difference is that the Realized GARCH model makes use of high frequency data (data per minute/second/milisecond), in my project the so called Realized Kernel, which is a weighted average of the realized variance (Barndorff-Nielsen, 2008). The idea is that high frequency data incorporates more information than normal data, and thus the use of it should result into better predictions.

Thanks in advance! Eviews on! :mrgreen:

Return to “Programming”

Who is online

Users browsing this forum: No registered users and 2 guests