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standardized residual of ARMA-tGARCH

Posted: Mon Sep 30, 2013 10:09 am
by sir_alex92
As said in the subject, what does it refer to when you say standardized residual of ARMA-tGARCH model? Is it the residual we got after estimate the ARMA model or the residual of the tGARCH model? I come up with this term in a papers and i'm quite confused by it.
Excuse me for this silly question, i'm quite new to econometric.