| Mean Equation | Variance Equation | ||
Indicator | Written | Oral | Written | Oral |
SHIBOR_1w | 0.0173*** | 0.0011*** | −0.1562*** | −0.0475*** |
(0.0000) | (0.0000) | (0.3134) | (0.6379) | |
SHIBOR_1m | 0.0018*** | 0.0001*** | −0.3352*** | −0.3319*** |
(0.0000) | (0.2707) | (0.0027) | (0.0053) | |
SHIBOR_3m | −0.0008*** | 0.0000 | −0.3066* | −0.3279*** |
(0.0000) | (0.8910) | (0.0662) | (0.0464) | |
SHIBOR_6m | 0.0001 | 0.0003 | −3.0044*** | −0.1552*** |
(0.7866) | (0.2863) | (0.0000) | (0.0024) | |
SHIBOR_9m | −0.0001 | 0.0008* | 0.0967 | −0.0754 |
(0.9005) | (0.0797) | (0.1062) | (0.1977) | |
SHIBOR_1y | −0.0002 | 0.0036*** | −0.2572 | −0.2506* |
(0.7054) | (0.0000) | (0.1212) | (0.0841) |