confusion in the literature between asymmetry and leverage, as well as which asymmetric models are purported to be able to … models are important in estimating and forecasting volatility, as well as in capturing asymmetry, which is the different … effects on conditional volatility of positive and negative effects of equal magnitude, and purportedly in capturing leverage …

between asymmetry and leverage, as well as which asymmetric models are purported to be able to capture leverage, the purpose … models are important in estimating and forecasting volatility, as well as capturing asymmetry, which is the different effects … on conditional volatility of positive and negative effects of equal magnitude, and leverage, which is the negative …