Model

Rural/Regional Series = 4

Metropolitan Series = 4

Tertiary Series = 7

Private Series = 5

AIC

BIC

AIC

BIC

AIC

BIC

AIC

BIC

GO-GARCH-normal

GARCH univariate

APARCH univariate

CCC-normal

GARCH univariate

APARCH univariate

CCT-t

GARCH univariate

APARCH univariate

DCC-normal

GARCH univariate

APARCH univariate

DCC-t

GARCH univariate

APARCH univariate

−59.18

No−convergence

−59.14

−59.38

−61.85

−61.85

−59.14

−59.38

−61.86

−61.85

−59.14

−59.09

−59.32

−61.81

−61.78

−59.09

−59.31

−61.81

−61.78

−54.16

No−convergence

−54.11

−54.25

−54.81

−54.86

−54.11

−54.25

−54.81

−54.86

−54.11

−54.06

−54.18

−54.76

−54.79

−54.05

−54.17

−54.75

−54.78

−99.65

No−convergence

−99.56

No−convergence

−99.97

No−convergence

−99.56

No−convergence

−99.97

No−convergence

−99.56

−99.47

−99.88

−99.87

−99.88

−77.22

No-convergence

−77.08

No-convergence

−81.95

−82.11

−77.08

−77.42

−81.95

−82.11

−77.16

−77.02

−81.89

−82.02

−77.01

−77.43

−81.89

−82.02