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Explain the methodology/ process of the DCC- GARCH model step by step. Can use Engle to explain the process.

Math/Physic/Economic/Statistic Problems

Explain the methodology/ process of the DCC- GARCH model step by step. Can use Engle to explain the process. The dcc- GARCH model has been used to prove existence of contagion in stock markets in countries.

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