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GJR-Copula-CVaR Model for Portfolio Optimization: Evidence for Emerging Stock Markets

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Figure

Table 1:  Summary Statistics
Figure 1: Quantile-Quantile Plot of Daily returns of TEPIX, BIST 100, FGC and USD 3.2 The Marginal Distribution
Table 2:  Parameter Estimates of GARCH  & GIR Model
Table 2 reports the results of estimating parameters of the GARCH (1, 1) and GJR (1, 1) models with t-student and normal distributions
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