GARCH estimates using the 186 observations 1960:3-2006:4 Dependent variable: rGDPyoy QML standard errors VARIABLE COEFFICIENT STDERROR T STAT P-VALUE const 3.86995 0.178010 21.740 <0.00001 *** KRWI_1 -1.36415 0.593954 -2.297 0.02163 ** KRWI_2 -1.85474 0.380043 -4.880 <0.00001 *** alpha(0) 0.310355 0.169150 1.835 0.06654 * alpha(1) 0.818610 0.140337 5.833 <0.00001 *** beta(1) 0.240825 0.110297 2.183 0.02900 ** Mean of dependent variable = 3.35807 Standard deviation of dep. var. = 2.24918 Unconditional error variance = nan Log-likelihood = -350.875 Akaike information criterion (AIC) = 715.749 Schwarz Bayesian criterion (BIC) = 738.329 Hannan-Quinn criterion (HQC) = 724.899