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    Validation of combine white noise using simulated data by Agboluaje, Ayodele Abraham, Ismail, Suzilah, Chee, Yin Yip

    Published 2016
    “…The same generated EGARCH data are transformed to obtain CWN data and VAR data for the estimation of CWN and VAR.Each CWN results outperformed every result of the existing models.These results confirm that CWN is the appropriate model for estimation.The CWN model fit best in the transformed 200 sample sizes of EGARCH generated data with moderate leverage and moderate skewness. …”
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