Reza, Rajibur; Tularam, Gurudeo Anand; Li, Bin - In: Cogent economics & finance 6 (2018) 1, pp. 1-33
This study analyzes the stock returns and volatility of the global water industry in different (full, pre-GFC, GFC and … the period 2004–2014. In this study, the EGARCH (1, 1) model results suggest the existence of persistence of volatility …