By using GARCH (1,1) model as an analysis method, we find that BDI return ratio series has an obvious volatility clustering effect, and then we analyze the reason for it.

 
  • 通过使用GARCH(1,1)模型分析发现BDI收益率序列有明显的波动集聚效应并结合实际分析特别波动的原因。
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