| dUS | dUK | dHK | dJAPAN |
Mean Eq. | ||||
Constant | 0.0002 | 0.0002 | 0.0004 | 0.0000 |
| 0.2993 | 0.3420 | 0.2044 | 0.9377 |
AR (−1) | −0.1271 | −0.0561 | N/A | −0.0992 |
| 0.0039 | 0.1914 | N/A | 0.0439 |
Variance Eq. | ||||
Constant | 0.0000 | 0.0000 | 0.0000 | 0.0000 |
| 0.0000 | 0.0037 | 0.0008 | 0.0111 |
ARCH (1) | 0.0831 | 0.1044 | 0.1466 | 0.1425 |
| 0.0000 | 0.0000 | 0.0000 | 0.0000 |
GARCH (1) | 0.9033 | 0.8883 | 0.8279 | 0.8495 |
| 0.0000 | 0.0000 | 0.0000 | 0.0000 |