Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.
QUESTION
why in the ARCH model, the conditional variance on the previous residual squares can change over time to keep the unconditional variance constant?
why in the ARCH model, the conditional variance on the previous residual squares can change over time to keep the unconditional variance constant?
why in the ARCH model, the conditional variance on the previous residual squares canchange over time to keep the unconditional variance constant? Since the prices are time dependent, volatility...