Vector autoregression model var generalized autoregression, Operation Management

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Vector autoregression model var generalized autoregression

Critically explain the following econometric models:

a. Vector Autoregression Model (VAR)

b. Generalized Autoregression Conditional Heteroskedasticity Model (GARCH)

c. Exponential Generalized Autoregression Conditional Heteroskedasticity Model (EGARCH)

d. Generalized Autoregression Conditional Heteroskedasticity in Mean Model (GARCH-M)

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Operation Management: Vector autoregression model var generalized autoregression

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