Long, Ling; Tsui, Albert K.; Zhang, Zhaoyong - In: Economic Modelling 37 (2014) C, pp. 89-102
In recent years the Chinese stock market has experienced an astonishing growth and unprecedented development, but is also viewed as one of the most volatile markets, which has been called by many observers a “casino”. This study intends to examine the presence of heteroskedasticity and the...