Structural Equation Modeling - Purdue University
Microfit (and other software) offers you zeros as starting values for these. In practice it is better to choose small positive values. Specify a convergence criteria (usually the software has a default value for this). Maximise the likelihood by iteration until no further improvement in the model coefficients can be obtained (and the convergence criteria in step 4 is met). Asymmetric GARCH ... ................
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