Fountas, Stilianos; Karanasos, Menelaos; Mendoza, Alfonso - 2005
We examine the empirical relationship between output variability and output growth using quarterly data for the 1961-2000 period for the Japanese economy. Using three different specifications of GARCH models, namely, Bollerslev's model, Taylor/Schwert's model, and Nelson's EGARCH model, we...
