GARCH -N

GARCH -T

GARCH -GED

GJRGARCH -N

GJRGARCH -T

GJRGARCH -GED

EGARCH -N

EGARCH -T

EGARCH -GED

$\mu$

0.0217

(0.0090)

0.0508

(0.0093)

0

0.0430

(0.0099)

0.0569

(0.0095)

0

0.0482

(0.0098)

0.0528

(0.0092)

0.0434

(0.0102)

$\omega$

0.0266

(0.0058)

0.0626

(0.0166)

0.0003

(0.0007)

0.0255

(0.0057)

0.0524

(0.0136)

0.0003

(0.0008)

−0.2309

(0.0763)

−0.5015

(0.1426)

−0.1514

(0.0771)

${\alpha }_{\text{1}}$

0.5707

(0.0755)

0.5231

(0.1379)

0.0750

(0.0090)

0.8402

(0.1223)

0.8967

(0.2507)

0.1094

(0.0222)

0.1742

(0.0415)

0.1280

(0.0595)

0.0948

(0.0383)

${\beta }_{\text{1}}$

0.4284

(0.0568)

0.2729

(0.1018)

0.9178

(0.0067)

0.4376

(0.0597)

0.2983

(0.0903)

0.9157

(0.0105)

0.8547

(0.0392)

0.7357

(0.0715)

0.8999

(0.0381)

${\gamma }_{\text{1}}$

-

-

-

−0.5576

(0.1224)

−0.5620

(0.2409)

−0.0611

(0.0319)

0.6714

(0.0806)

0.6465

(0.1042)

0.5408

(0.0856)

v

-

3.4022

(0.4316)

0.1848

(0.0127)

-

3.5348

(0.4676)

0.2881

(0.0151)

-

3.6736

(0.4990)

1.9714

(0.1890)

对数似然

−386.2755

−312.8241

−153.7837

−372.7565

−309.2308

−220.1517

−366.6481

−306.6762

−366.6419