Research Output | Dar Al-hikmah Library | IIUM Only
This paper applies the Generalized Autoregressive Conditional Heteroscedasticity (GARCH) models to the financial time series (stock index returns) in four Asian markets namely; Kuala Lumpur Composite Index (KLCI) of Malaysia, the Straits Times Index (STI) of Singapore, Nikkei Indices (N225) of Japan and the Hang Seng Index (HSI) of Hong Kong. We in