α₁

0.229^#

0.149^#

0.170^#

0.071^#

0.139^*

0.126^#

(0.031)

(0.020)

(0.020)

(0.012)

(0.060)

(0.030)

β₁

0.662^#

0.793^#

0.799^#

0.906^#

0.857^#

0.840^#

(0.034)

(0.022)

(0.018)

(0.015)

(0.057)

(0.038)

LL

−2154.805

−2321.329

−2238.407

−2656.915

−1954.319

−2210.929

SIC

5.108

5.500

5.305

6.291

4.636

5.240

Q(20)

39.945^#

27.280

26.354

39.775^#

29.745^†

18.550

Qs(20)

13.500

16.550

11.537

12.339

10.114

12.557

ARCH-LM

0.446

1.137

0.531

0.858

0.450

0.822