id	sid	tid	token	lemma	pos
dem-4203	1	1	microsoft	microsoft	PROPN
dem-4203	1	2	word	word	NOUN
dem-4203	1	3	00_tresc.docx	00_tresc.docx	PRON
dem-4203	1	4	dynamic	dynamic	ADJ
dem-4203	1	5	econometric	econometric	ADJ
dem-4203	1	6	models	model	NOUN
dem-4203	1	7	vol	vol	NOUN
dem-4203	1	8	.	.	PROPN
dem-4203	1	9	9	9	NUM
dem-4203	1	10	–	–	PUNCT
dem-4203	1	11	nicolaus	nicolaus	PROPN
dem-4203	1	12	copernicus	copernicus	PROPN
dem-4203	1	13	university	university	PROPN
dem-4203	1	14	–	–	PUNCT
dem-4203	1	15	toruń	toruń	NOUN
dem-4203	1	16	–	–	PUNCT
dem-4203	1	17	2009	2009	NUM
dem-4203	1	18	joanna	joanna	PROPN
dem-4203	1	19	górka	górka	PROPN
dem-4203	1	20	nicolaus	nicolaus	PROPN
dem-4203	1	21	copernicus	copernicus	PROPN
dem-4203	1	22	university	university	PROPN
dem-4203	1	23	in	in	ADP
dem-4203	1	24	toruń	toruń	PROPN
dem-4203	1	25	application	application	NOUN
dem-4203	1	26	of	of	ADP
dem-4203	1	27	the	the	DET
dem-4203	1	28	family	family	NOUN
dem-4203	1	29	of	of	ADP
dem-4203	1	30	sign	sign	PROPN
dem-4203	1	31	rca	rca	NOUN
dem-4203	1	32	models	model	NOUN
dem-4203	1	33	for	for	ADP
dem-4203	1	34	obtaining	obtain	VERB
dem-4203	1	35	the	the	DET
dem-4203	1	36	selected	select	VERB
dem-4203	1	37	risk	risk	NOUN
dem-4203	1	38	measures†	measures†	NOUN
dem-4203	1	39	a	a	PRON
dem-4203	1	40	b	b	PROPN
dem-4203	1	41	s	s	ADP
dem-4203	1	42	t	t	PROPN
dem-4203	1	43	r	r	NOUN
dem-4203	1	44	a	a	DET
dem-4203	1	45	c	c	NOUN
dem-4203	1	46	t.	t.	NOUN
dem-4203	1	47	accurate	accurate	ADJ
dem-4203	1	48	modelling	modelling	NOUN
dem-4203	1	49	of	of	ADP
dem-4203	1	50	risk	risk	NOUN
dem-4203	1	51	is	be	AUX
dem-4203	1	52	very	very	ADV
dem-4203	1	53	important	important	ADJ
dem-4203	1	54	in	in	ADP
dem-4203	1	55	finance	finance	NOUN
dem-4203	1	56	.	.	PUNCT
dem-4203	2	1	there	there	PRON
dem-4203	2	2	are	be	VERB
dem-4203	2	3	many	many	ADJ
dem-4203	2	4	alternative	alternative	ADJ
dem-4203	2	5	risk	risk	NOUN
dem-4203	2	6	measures	measure	NOUN
dem-4203	2	7	,	,	PUNCT
dem-4203	2	8	however	however	ADV
dem-4203	2	9	none	none	NOUN
dem-4203	2	10	of	of	ADP
dem-4203	2	11	them	they	PRON
dem-4203	2	12	is	be	AUX
dem-4203	2	13	dominating	dominate	VERB
dem-4203	2	14	.	.	PUNCT
dem-4203	3	1	this	this	DET
dem-4203	3	2	paper	paper	NOUN
dem-4203	3	3	proposes	propose	VERB
dem-4203	3	4	to	to	PART
dem-4203	3	5	use	use	VERB
dem-4203	3	6	the	the	DET
dem-4203	3	7	family	family	NOUN
dem-4203	3	8	of	of	ADP
dem-4203	3	9	sign	sign	PROPN
dem-4203	3	10	rca	rca	NOUN
dem-4203	3	11	models	model	NOUN
dem-4203	3	12	to	to	PART
dem-4203	3	13	obtain	obtain	VERB
dem-4203	3	14	the	the	DET
dem-4203	3	15	value	value	NOUN
dem-4203	3	16	-	-	PUNCT
dem-4203	3	17	at	at	ADP
dem-4203	3	18	-	-	PUNCT
dem-4203	3	19	risk	risk	NOUN
dem-4203	3	20	(	(	PUNCT
dem-4203	3	21	var	var	NOUN
dem-4203	3	22	)	)	PUNCT
dem-4203	3	23	and	and	CCONJ
dem-4203	3	24	expected	expect	VERB
dem-4203	3	25	shortfall	shortfall	NOUN
dem-4203	3	26	(	(	PUNCT
dem-4203	3	27	es	es	NOUN
dem-4203	3	28	)	)	PUNCT
dem-4203	3	29	measures	measure	NOUN
dem-4203	3	30	.	.	PUNCT
dem-4203	4	1	for	for	ADP
dem-4203	4	2	models	model	NOUN
dem-4203	4	3	from	from	ADP
dem-4203	4	4	the	the	DET
dem-4203	4	5	family	family	NOUN
dem-4203	4	6	of	of	ADP
dem-4203	4	7	sign	sign	NOUN
dem-4203	4	8	rca	rca	NOUN
dem-4203	4	9	models	model	NOUN
dem-4203	4	10	and	and	CCONJ
dem-4203	4	11	ar	ar	NOUN
dem-4203	4	12	-	-	ADJ
dem-4203	4	13	garch	garch	NOUN
dem-4203	4	14	model	model	NOUN
dem-4203	4	15	the	the	DET
dem-4203	4	16	one	one	NUM
dem-4203	4	17	-	-	PUNCT
dem-4203	4	18	step	step	NOUN
dem-4203	4	19	forecasts	forecast	NOUN
dem-4203	4	20	of	of	ADP
dem-4203	4	21	var	var	NOUN
dem-4203	4	22	were	be	AUX
dem-4203	4	23	calculated	calculate	VERB
dem-4203	4	24	based	base	VERB
dem-4203	4	25	on	on	ADP
dem-4203	4	26	rolling	rolling	ADJ
dem-4203	4	27	estimates	estimate	NOUN
dem-4203	4	28	from	from	ADP
dem-4203	4	29	the	the	DET
dem-4203	4	30	given	give	VERB
dem-4203	4	31	model	model	NOUN
dem-4203	4	32	using	use	VERB
dem-4203	4	33	different	different	ADJ
dem-4203	4	34	window	window	NOUN
dem-4203	4	35	sizes	size	NOUN
dem-4203	4	36	.	.	PUNCT
dem-4203	5	1	to	to	PART
dem-4203	5	2	obtain	obtain	VERB
dem-4203	5	3	the	the	DET
dem-4203	5	4	var	var	NOUN
dem-4203	5	5	and	and	CCONJ
dem-4203	5	6	es	es	VERB
dem-4203	5	7	measures	measure	NOUN
dem-4203	5	8	the	the	DET
dem-4203	5	9	filtered	filter	VERB
dem-4203	5	10	historical	historical	ADJ
dem-4203	5	11	simulation	simulation	NOUN
dem-4203	5	12	was	be	AUX
dem-4203	5	13	used	use	VERB
dem-4203	5	14	in	in	ADP
dem-4203	5	15	new	new	ADJ
dem-4203	5	16	version	version	NOUN
dem-4203	5	17	proposed	propose	VERB
dem-4203	5	18	by	by	ADP
dem-4203	5	19	christoffersen	christoffersen	NOUN
dem-4203	5	20	.	.	PUNCT
dem-4203	6	1	the	the	DET
dem-4203	6	2	results	result	NOUN
dem-4203	6	3	were	be	AUX
dem-4203	6	4	verified	verify	VERB
dem-4203	6	5	using	use	VERB
dem-4203	6	6	backtesting	backtesting	NOUN
dem-4203	6	7	and	and	CCONJ
dem-4203	6	8	the	the	DET
dem-4203	6	9	loss	loss	NOUN
dem-4203	6	10	function	function	NOUN
dem-4203	6	11	.	.	PUNCT
dem-4203	7	1	k	k	PROPN
dem-4203	7	2	e	e	PROPN
dem-4203	7	3	y	y	PROPN
dem-4203	7	4	w	w	NOUN
dem-4203	7	5	o	o	NOUN
dem-4203	7	6	r	r	NOUN
dem-4203	7	7	d	d	PROPN
dem-4203	7	8	s	s	X
dem-4203	7	9	:	:	PUNCT
dem-4203	7	10	family	family	NOUN
dem-4203	7	11	of	of	ADP
dem-4203	7	12	sign	sign	VERB
dem-4203	7	13	rca	rca	NOUN
dem-4203	7	14	models	model	NOUN
dem-4203	7	15	,	,	PUNCT
dem-4203	7	16	risk	risk	NOUN
dem-4203	7	17	measures	measure	NOUN
dem-4203	7	18	,	,	PUNCT
dem-4203	7	19	value	value	NOUN
dem-4203	7	20	at	at	ADP
dem-4203	7	21	risk	risk	NOUN
dem-4203	7	22	,	,	PUNCT
dem-4203	7	23	expected	expect	VERB
dem-4203	7	24	shortfall	shortfall	NOUN
dem-4203	7	25	.	.	PUNCT
dem-4203	8	1	1	1	X
dem-4203	8	2	.	.	X
dem-4203	8	3	introduction	introduction	NOUN
dem-4203	8	4	random	random	ADJ
dem-4203	8	5	coefficient	coefficient	NOUN
dem-4203	8	6	autoregressive	autoregressive	ADJ
dem-4203	8	7	models	model	NOUN
dem-4203	8	8	(	(	PUNCT
dem-4203	8	9	rca	rca	PROPN
dem-4203	8	10	)	)	PUNCT
dem-4203	8	11	are	be	AUX
dem-4203	8	12	the	the	DET
dem-4203	8	13	straightforward	straightforward	ADJ
dem-4203	8	14	generalization	generalization	NOUN
dem-4203	8	15	of	of	ADP
dem-4203	8	16	the	the	DET
dem-4203	8	17	constant	constant	ADJ
dem-4203	8	18	coefficient	coefficient	NOUN
dem-4203	8	19	autoregressive	autoregressive	ADJ
dem-4203	8	20	models	model	NOUN
dem-4203	8	21	.	.	PUNCT
dem-4203	9	1	a	a	DET
dem-4203	9	2	full	full	ADJ
dem-4203	9	3	description	description	NOUN
dem-4203	9	4	of	of	ADP
dem-4203	9	5	this	this	DET
dem-4203	9	6	class	class	NOUN
dem-4203	9	7	of	of	ADP
dem-4203	9	8	models	model	NOUN
dem-4203	9	9	including	include	VERB
dem-4203	9	10	their	their	PRON
dem-4203	9	11	properties	property	NOUN
dem-4203	9	12	,	,	PUNCT
dem-4203	9	13	estimation	estimation	NOUN
dem-4203	9	14	methods	method	NOUN
dem-4203	9	15	and	and	CCONJ
dem-4203	9	16	some	some	DET
dem-4203	9	17	application	application	NOUN
dem-4203	9	18	was	be	AUX
dem-4203	9	19	originally	originally	ADV
dem-4203	9	20	presented	present	VERB
dem-4203	9	21	by	by	ADP
dem-4203	9	22	nicholls	nicholl	NOUN
dem-4203	9	23	and	and	CCONJ
dem-4203	9	24	quinn	quinn	PROPN
dem-4203	9	25	(	(	PUNCT
dem-4203	9	26	1982	1982	NUM
dem-4203	9	27	)	)	PUNCT
dem-4203	9	28	.	.	PUNCT
dem-4203	10	1	in	in	ADP
dem-4203	10	2	later	later	ADJ
dem-4203	10	3	years	year	NOUN
dem-4203	10	4	,	,	PUNCT
dem-4203	10	5	these	these	DET
dem-4203	10	6	models	model	NOUN
dem-4203	10	7	have	have	AUX
dem-4203	10	8	been	be	AUX
dem-4203	10	9	not	not	PART
dem-4203	10	10	so	so	ADV
dem-4203	10	11	popular	popular	ADJ
dem-4203	10	12	like	like	ADP
dem-4203	10	13	garch	garch	NOUN
dem-4203	10	14	models	model	NOUN
dem-4203	10	15	(	(	PUNCT
dem-4203	10	16	bollerslev	bollerslev	ADJ
dem-4203	10	17	,	,	PUNCT
dem-4203	10	18	1986	1986	NUM
dem-4203	10	19	;	;	PUNCT
dem-4203	10	20	engle	engle	PROPN
dem-4203	10	21	,	,	PUNCT
dem-4203	10	22	1982	1982	NUM
dem-4203	10	23	)	)	PUNCT
dem-4203	10	24	in	in	ADP
dem-4203	10	25	general	general	ADJ
dem-4203	10	26	.	.	PUNCT
dem-4203	11	1	garch	garch	NOUN
dem-4203	11	2	models	model	NOUN
dem-4203	11	3	are	be	AUX
dem-4203	11	4	easy	easy	ADJ
dem-4203	11	5	to	to	PART
dem-4203	11	6	understand	understand	VERB
dem-4203	11	7	and	and	CCONJ
dem-4203	11	8	estimate	estimate	VERB
dem-4203	11	9	and	and	CCONJ
dem-4203	11	10	they	they	PRON
dem-4203	11	11	could	could	AUX
dem-4203	11	12	describe	describe	VERB
dem-4203	11	13	a	a	DET
dem-4203	11	14	non	non	ADJ
dem-4203	11	15	-	-	ADJ
dem-4203	11	16	linear	linear	ADJ
dem-4203	11	17	dynamics	dynamic	NOUN
dem-4203	11	18	of	of	ADP
dem-4203	11	19	financial	financial	ADJ
dem-4203	11	20	time	time	NOUN
dem-4203	11	21	series	series	NOUN
dem-4203	11	22	.	.	PUNCT
dem-4203	12	1	however	however	ADV
dem-4203	12	2	,	,	PUNCT
dem-4203	12	3	in	in	ADP
dem-4203	12	4	the	the	DET
dem-4203	12	5	last	last	ADJ
dem-4203	12	6	decade	decade	NOUN
dem-4203	12	7	one	one	PRON
dem-4203	12	8	can	can	AUX
dem-4203	12	9	see	see	VERB
dem-4203	12	10	that	that	SCONJ
dem-4203	12	11	rca	rca	PROPN
dem-4203	12	12	models	model	NOUN
dem-4203	12	13	gained	gain	VERB
dem-4203	12	14	more	more	ADJ
dem-4203	12	15	interest	interest	NOUN
dem-4203	12	16	again	again	ADV
dem-4203	12	17	.	.	PUNCT
dem-4203	13	1	as	as	ADP
dem-4203	13	2	a	a	DET
dem-4203	13	3	result	result	NOUN
dem-4203	13	4	some	some	PRON
dem-4203	13	5	of	of	ADP
dem-4203	13	6	rca	rca	PROPN
dem-4203	13	7	model	model	NOUN
dem-4203	13	8	were	be	AUX
dem-4203	13	9	produced	produce	VERB
dem-4203	13	10	.	.	PUNCT
dem-4203	14	1	the	the	DET
dem-4203	14	2	aim	aim	NOUN
dem-4203	14	3	of	of	ADP
dem-4203	14	4	this	this	DET
dem-4203	14	5	paper	paper	NOUN
dem-4203	14	6	is	be	AUX
dem-4203	14	7	to	to	PART
dem-4203	14	8	apply	apply	VERB
dem-4203	14	9	the	the	DET
dem-4203	14	10	family	family	NOUN
dem-4203	14	11	of	of	ADP
dem-4203	14	12	sign	sign	NOUN
dem-4203	14	13	rca	rca	NOUN
dem-4203	14	14	models	model	NOUN
dem-4203	14	15	to	to	PART
dem-4203	14	16	obtain	obtain	VERB
dem-4203	14	17	the	the	DET
dem-4203	14	18	selected	select	VERB
dem-4203	14	19	risk	risk	NOUN
dem-4203	14	20	measures	measure	NOUN
dem-4203	14	21	for	for	ADP
dem-4203	14	22	daily	daily	ADJ
dem-4203	14	23	and	and	CCONJ
dem-4203	14	24	weekly	weekly	ADJ
dem-4203	14	25	data	datum	NOUN
dem-4203	14	26	.	.	PUNCT
dem-4203	15	1	risk	risk	NOUN
dem-4203	15	2	measures	measure	NOUN
dem-4203	15	3	through	through	ADP
dem-4203	15	4	different	different	ADJ
dem-4203	15	5	calculation	calculation	NOUN
dem-4203	15	6	method	method	NOUN
dem-4203	15	7	are	be	AUX
dem-4203	15	8	obtained	obtain	VERB
dem-4203	15	9	.	.	PUNCT
dem-4203	16	1	†	†	X
dem-4203	17	1	this	this	DET
dem-4203	17	2	work	work	NOUN
dem-4203	17	3	was	be	AUX
dem-4203	17	4	financed	finance	VERB
dem-4203	17	5	from	from	ADP
dem-4203	17	6	the	the	DET
dem-4203	17	7	polish	polish	ADJ
dem-4203	17	8	science	science	NOUN
dem-4203	17	9	budget	budget	NOUN
dem-4203	17	10	resources	resource	NOUN
dem-4203	17	11	in	in	ADP
dem-4203	17	12	the	the	DET
dem-4203	17	13	years	year	NOUN
dem-4203	17	14	2008	2008	NUM
dem-4203	17	15	-	-	SYM
dem-4203	17	16	2010	2010	NUM
dem-4203	17	17	as	as	ADP
dem-4203	17	18	the	the	DET
dem-4203	17	19	research	research	NOUN
dem-4203	17	20	project	project	NOUN
dem-4203	17	21	n	n	PRON
dem-4203	17	22	n111	n111	PROPN
dem-4203	17	23	434034	434034	NUM
dem-4203	17	24	.	.	PUNCT
dem-4203	18	1	joanna	joanna	PROPN
dem-4203	18	2	górka	górka	PROPN
dem-4203	18	3	40	40	NUM
dem-4203	18	4	2	2	NUM
dem-4203	18	5	.	.	PUNCT
dem-4203	19	1	the	the	DET
dem-4203	19	2	family	family	NOUN
dem-4203	19	3	of	of	ADP
dem-4203	19	4	sign	sign	PROPN
dem-4203	19	5	rca	rca	NOUN
dem-4203	19	6	models	model	NOUN
dem-4203	19	7	in	in	ADP
dem-4203	19	8	the	the	DET
dem-4203	19	9	table	table	NOUN
dem-4203	19	10	1	1	NUM
dem-4203	19	11	equations	equation	NOUN
dem-4203	19	12	of	of	ADP
dem-4203	19	13	individual	individual	ADJ
dem-4203	19	14	models	model	NOUN
dem-4203	19	15	from	from	ADP
dem-4203	19	16	the	the	DET
dem-4203	19	17	family	family	NOUN
dem-4203	19	18	of	of	ADP
dem-4203	19	19	sign	sign	NOUN
dem-4203	19	20	rca	rca	NOUN
dem-4203	19	21	models	model	NOUN
dem-4203	19	22	and	and	CCONJ
dem-4203	19	23	their	their	PRON
dem-4203	19	24	names	name	NOUN
dem-4203	19	25	were	be	AUX
dem-4203	19	26	presented	present	VERB
dem-4203	19	27	.	.	PUNCT
dem-4203	20	1	table	table	NOUN
dem-4203	20	2	1	1	NUM
dem-4203	20	3	.	.	PUNCT
dem-4203	21	1	the	the	DET
dem-4203	21	2	family	family	NOUN
dem-4203	21	3	of	of	ADP
dem-4203	21	4	sign	sign	PROPN
dem-4203	21	5	rca	rca	NOUN
dem-4203	21	6	models	model	NOUN
dem-4203	21	7	(	(	PUNCT
dem-4203	21	8	without	without	ADP
dem-4203	21	9	conditions	condition	NOUN
dem-4203	21	10	)	)	PUNCT
dem-4203	21	11	model	model	NOUN
dem-4203	21	12	model	model	NOUN
dem-4203	21	13	equations	equations	PROPN
dem-4203	21	14	equation	equation	NOUN
dem-4203	21	15	rca(1	rca(1	NOUN
dem-4203	21	16	)	)	PUNCT
dem-4203	21	17	(	(	PUNCT
dem-4203	21	18	)	)	PUNCT
dem-4203	21	19	tttt	tttt	NOUN
dem-4203	21	20	yy	yy	PROPN
dem-4203	21	21	εδφ	εδφ	PROPN
dem-4203	21	22	+	+	PROPN
dem-4203	21	23	+	+	NOUN
dem-4203	21	24	=	=	SYM
dem-4203	21	25	−1	−1	NOUN
dem-4203	21	26	i	i	PRON
dem-4203	21	27	sign	sign	VERB
dem-4203	21	28	rca(1	rca(1	NOUN
dem-4203	21	29	)	)	PUNCT
dem-4203	21	30	(	(	PUNCT
dem-4203	21	31	)	)	PUNCT
dem-4203	21	32	ttttt	ttttt	NOUN
dem-4203	21	33	ysy	ysy	NOUN
dem-4203	21	34	εδφ	εδφ	PROPN
dem-4203	21	35	+	+	PROPN
dem-4203	21	36	φ++=	φ++=	PROPN
dem-4203	21	37	−−	−−	PROPN
dem-4203	21	38	11	11	NUM
dem-4203	21	39	ii	ii	NUM
dem-4203	21	40	rca(1)-ma(1	rca(1)-ma(1	PROPN
dem-4203	21	41	)	)	PUNCT
dem-4203	21	42	(	(	PUNCT
dem-4203	21	43	)	)	PUNCT
dem-4203	21	44	11	11	NUM
dem-4203	21	45	−−	−−	NOUN
dem-4203	21	46	+	+	PROPN
dem-4203	21	47	+	+	ADJ
dem-4203	21	48	+	+	ADJ
dem-4203	21	49	=	=	ADJ
dem-4203	21	50	ttttt	ttttt	NOUN
dem-4203	21	51	yy	yy	PROPN
dem-4203	21	52	θεεδφ	θεεδφ	PROPN
dem-4203	21	53	iii	iii	PROPN
dem-4203	21	54	sign	sign	NOUN
dem-4203	21	55	rca(1)-ma(1	rca(1)-ma(1	PROPN
dem-4203	21	56	)	)	PUNCT
dem-4203	21	57	(	(	PUNCT
dem-4203	21	58	)	)	PUNCT
dem-4203	21	59	111	111	NUM
dem-4203	21	60	−−−	−−−	NOUN
dem-4203	22	1	+	+	X
dem-4203	22	2	+	+	ADJ
dem-4203	22	3	φ++=	φ++=	PROPN
dem-4203	22	4	tttttt	tttttt	PROPN
dem-4203	22	5	ysy	ysy	PROPN
dem-4203	22	6	θεεδφ	θεεδφ	NOUN
dem-4203	22	7	iv	iv	PROPN
dem-4203	22	8	rca(1)-garch(1,1	rca(1)-garch(1,1	NOUN
dem-4203	22	9	)	)	PUNCT
dem-4203	22	10	(	(	PUNCT
dem-4203	22	11	)	)	PUNCT
dem-4203	22	12	tttt	tttt	NOUN
dem-4203	22	13	yy	yy	PROPN
dem-4203	22	14	εδφ	εδφ	PROPN
dem-4203	22	15	+	+	PROPN
dem-4203	22	16	+	+	PROPN
dem-4203	22	17	=	=	SYM
dem-4203	22	18	−1	−1	NOUN
dem-4203	22	19	,	,	PUNCT
dem-4203	22	20	ttt	ttt	PROPN
dem-4203	22	21	zh	zh	PROPN
dem-4203	22	22	=	=	PROPN
dem-4203	22	23	ε	ε	X
dem-4203	22	24	11	11	NUM
dem-4203	22	25	2	2	NUM
dem-4203	22	26	110	110	NUM
dem-4203	22	27	−−	−−	NOUN
dem-4203	22	28	+	+	PROPN
dem-4203	22	29	+	+	PROPN
dem-4203	22	30	=	=	SYM
dem-4203	22	31	ttt	ttt	PROPN
dem-4203	22	32	hh	hh	PROPN
dem-4203	22	33	βεαα	βεαα	NOUN
dem-4203	22	34	v	v	ADP
dem-4203	22	35	sign	sign	PROPN
dem-4203	22	36	rca(1)-garch(1,1	rca(1)-garch(1,1	NOUN
dem-4203	22	37	)	)	PUNCT
dem-4203	22	38	(	(	PUNCT
dem-4203	22	39	)	)	PUNCT
dem-4203	22	40	ttttt	ttttt	NOUN
dem-4203	22	41	ysy	ysy	NOUN
dem-4203	22	42	εδφ	εδφ	PROPN
dem-4203	22	43	+	+	PROPN
dem-4203	22	44	φ++=	φ++=	PROPN
dem-4203	22	45	−−	−−	NOUN
dem-4203	22	46	11	11	NUM
dem-4203	22	47	,	,	PUNCT
dem-4203	22	48	ttt	ttt	PROPN
dem-4203	22	49	zh	zh	PROPN
dem-4203	22	50	=	=	PROPN
dem-4203	22	51	ε	ε	X
dem-4203	22	52	11	11	NUM
dem-4203	22	53	2	2	NUM
dem-4203	22	54	110	110	NUM
dem-4203	22	55	−−	−−	NOUN
dem-4203	22	56	+	+	PROPN
dem-4203	22	57	+	+	PROPN
dem-4203	22	58	=	=	SYM
dem-4203	22	59	ttt	ttt	PROPN
dem-4203	22	60	hh	hh	PROPN
dem-4203	22	61	βεαα	βεαα	PROPN
dem-4203	22	62	vi	vi	PROPN
dem-4203	22	63	note	note	NOUN
dem-4203	22	64	:	:	PUNCT
dem-4203	22	65	ts	ts	ADJ
dem-4203	22	66	–	–	PUNCT
dem-4203	22	67	sign	sign	NOUN
dem-4203	22	68	function	function	NOUN
dem-4203	22	69	is	be	AUX
dem-4203	22	70	described	describe	VERB
dem-4203	22	71	by	by	ADP
dem-4203	22	72	equation	equation	NOUN
dem-4203	22	73	(	(	PUNCT
dem-4203	22	74	3	3	NUM
dem-4203	22	75	)	)	PUNCT
dem-4203	22	76	;	;	PUNCT
dem-4203	22	77	φ	φ	PROPN
dem-4203	22	78	,	,	PUNCT
dem-4203	22	79	θ	θ	PROPN
dem-4203	22	80	,	,	PUNCT
dem-4203	22	81	φ	φ	PROPN
dem-4203	22	82	,	,	PUNCT
dem-4203	22	83	iα	iα	INTJ
dem-4203	22	84	,	,	PUNCT
dem-4203	22	85	1β	1β	NUM
dem-4203	22	86	–	–	PUNCT
dem-4203	22	87	model	model	NOUN
dem-4203	22	88	parameters	parameter	NOUN
dem-4203	22	89	.	.	PUNCT
dem-4203	23	1	to	to	PART
dem-4203	23	2	ensure	ensure	VERB
dem-4203	23	3	the	the	DET
dem-4203	23	4	existence	existence	NOUN
dem-4203	23	5	of	of	ADP
dem-4203	23	6	the	the	DET
dem-4203	23	7	i	i	PROPN
dem-4203	23	8	-	-	PUNCT
dem-4203	23	9	vi	vi	NOUN
dem-4203	23	10	models	model	NOUN
dem-4203	23	11	the	the	DET
dem-4203	23	12	following	follow	VERB
dem-4203	23	13	assumption	assumption	NOUN
dem-4203	23	14	must	must	AUX
dem-4203	23	15	be	be	AUX
dem-4203	23	16	satisfied	satisfied	ADJ
dem-4203	23	17	:	:	PUNCT
dem-4203	23	18	⎟	⎟	X
dem-4203	23	19	⎟	⎟	X
dem-4203	23	20	⎠	⎠	PUNCT
dem-4203	23	21	⎞	⎞	PROPN
dem-4203	23	22	⎜	⎜	PROPN
dem-4203	23	23	⎜	⎜	PROPN
dem-4203	23	24	⎝	⎝	PUNCT
dem-4203	23	25	⎛	⎛	X
dem-4203	23	26	⎟⎟	⎟⎟	ADJ
dem-4203	23	27	⎠	⎠	NOUN
dem-4203	23	28	⎞	⎞	NOUN
dem-4203	23	29	⎜⎜	⎜⎜	NOUN
dem-4203	23	30	⎝	⎝	PUNCT
dem-4203	23	31	⎛	⎛	NOUN
dem-4203	23	32	⎟⎟	⎟⎟	ADJ
dem-4203	23	33	⎠	⎠	NOUN
dem-4203	23	34	⎞	⎞	NOUN
dem-4203	23	35	⎜⎜	⎜⎜	NOUN
dem-4203	23	36	⎝	⎝	PUNCT
dem-4203	23	37	⎛	⎛	NOUN
dem-4203	23	38	⎟⎟	⎟⎟	ADJ
dem-4203	23	39	⎠	⎠	NOUN
dem-4203	23	40	⎞	⎞	NOUN
dem-4203	23	41	⎜⎜	⎜⎜	NOUN
dem-4203	23	42	⎝	⎝	PUNCT
dem-4203	23	43	⎛	⎛	NOUN
dem-4203	23	44	2	2	NUM
dem-4203	23	45	2	2	NUM
dem-4203	23	46	0	0	NUM
dem-4203	23	47	0	0	NUM
dem-4203	23	48	,	,	PUNCT
dem-4203	23	49	0	0	NUM
dem-4203	23	50	0	0	NUM
dem-4203	23	51	~	~	PUNCT
dem-4203	23	52	ε	ε	PROPN
dem-4203	23	53	δ	δ	PROPN
dem-4203	23	54	σ	σ	PROPN
dem-4203	23	55	σ	σ	PROPN
dem-4203	23	56	ε	ε	PROPN
dem-4203	23	57	δ	δ	PROPN
dem-4203	23	58	iid	iid	VERB
dem-4203	23	59	t	t	PROPN
dem-4203	23	60	t	t	PROPN
dem-4203	23	61	,	,	PUNCT
dem-4203	23	62	(	(	PUNCT
dem-4203	23	63	1	1	X
dem-4203	23	64	)	)	PUNCT
dem-4203	23	65	122	122	NUM
dem-4203	23	66	<	<	X
dem-4203	23	67	+	+	X
dem-4203	23	68	δσφ	δσφ	NOUN
dem-4203	23	69	.	.	PUNCT
dem-4203	24	1	(	(	PUNCT
dem-4203	24	2	2	2	X
dem-4203	24	3	)	)	PUNCT
dem-4203	24	4	the	the	DET
dem-4203	24	5	sign	sign	NOUN
dem-4203	24	6	function	function	NOUN
dem-4203	24	7	,	,	PUNCT
dem-4203	24	8	described	describe	VERB
dem-4203	24	9	by	by	ADP
dem-4203	24	10	following	follow	VERB
dem-4203	24	11	formula	formula	NOUN
dem-4203	24	12	⎪	⎪	NOUN
dem-4203	24	13	⎩	⎩	NUM
dem-4203	24	14	⎪	⎪	NOUN
dem-4203	24	15	⎨	⎨	PROPN
dem-4203	24	16	⎧	⎧	PROPN
dem-4203	24	17	<	<	X
dem-4203	24	18	−	−	PROPN
dem-4203	24	19	=	=	SYM
dem-4203	24	20	>	>	X
dem-4203	24	21	=	=	PUNCT
dem-4203	24	22	0dla1	0dla1	X
dem-4203	24	23	0dla0	0dla0	SYM
dem-4203	25	1	0dla1	0dla1	NUM
dem-4203	26	1	t	t	NOUN
dem-4203	26	2	t	t	PROPN
dem-4203	26	3	t	t	PROPN
dem-4203	26	4	t	t	PROPN
dem-4203	26	5	y	y	PROPN
dem-4203	26	6	y	y	PROPN
dem-4203	26	7	y	y	PROPN
dem-4203	26	8	s	s	PROPN
dem-4203	26	9	,	,	PUNCT
dem-4203	26	10	(	(	PUNCT
dem-4203	26	11	3	3	X
dem-4203	26	12	)	)	PUNCT
dem-4203	26	13	has	have	VERB
dem-4203	26	14	the	the	DET
dem-4203	26	15	interpretation	interpretation	NOUN
dem-4203	26	16	:	:	PUNCT
dem-4203	26	17	if	if	SCONJ
dem-4203	26	18	φ>+	φ>+	PROPN
dem-4203	26	19	tδφ	tδφ	NOUN
dem-4203	26	20	,	,	PUNCT
dem-4203	26	21	the	the	DET
dem-4203	26	22	negative	negative	ADJ
dem-4203	26	23	value	value	NOUN
dem-4203	26	24	of	of	ADP
dem-4203	26	25	φ	φ	PROPN
dem-4203	26	26	means	mean	VERB
dem-4203	26	27	that	that	SCONJ
dem-4203	26	28	the	the	DET
dem-4203	26	29	negative	negative	ADJ
dem-4203	26	30	(	(	PUNCT
dem-4203	26	31	positive	positive	ADJ
dem-4203	26	32	)	)	PUNCT
dem-4203	26	33	observation	observation	NOUN
dem-4203	26	34	values	value	NOUN
dem-4203	26	35	at	at	ADP
dem-4203	26	36	time	time	NOUN
dem-4203	26	37	1−t	1−t	NUM
dem-4203	26	38	correspond	correspond	VERB
dem-4203	26	39	to	to	ADP
dem-4203	26	40	a	a	DET
dem-4203	26	41	decrease	decrease	NOUN
dem-4203	26	42	(	(	PUNCT
dem-4203	26	43	increase	increase	NOUN
dem-4203	26	44	)	)	PUNCT
dem-4203	26	45	of	of	ADP
dem-4203	26	46	observation	observation	NOUN
dem-4203	26	47	values	value	NOUN
dem-4203	26	48	at	at	ADP
dem-4203	26	49	time	time	NOUN
dem-4203	26	50	t	t	PROPN
dem-4203	26	51	.	.	PUNCT
dem-4203	27	1	in	in	ADP
dem-4203	27	2	the	the	DET
dem-4203	27	3	case	case	NOUN
dem-4203	27	4	of	of	ADP
dem-4203	27	5	stock	stock	NOUN
dem-4203	27	6	returns	return	NOUN
dem-4203	27	7	it	it	PRON
dem-4203	27	8	would	would	AUX
dem-4203	27	9	suggest	suggest	VERB
dem-4203	27	10	(	(	PUNCT
dem-4203	27	11	for	for	ADP
dem-4203	27	12	returns	return	NOUN
dem-4203	27	13	)	)	PUNCT
dem-4203	27	14	that	that	SCONJ
dem-4203	27	15	after	after	ADP
dem-4203	27	16	a	a	DET
dem-4203	27	17	decrease	decrease	NOUN
dem-4203	27	18	of	of	ADP
dem-4203	27	19	stock	stock	NOUN
dem-4203	27	20	returns	return	VERB
dem-4203	27	21	the	the	DET
dem-4203	27	22	higher	high	ADJ
dem-4203	27	23	decrease	decrease	NOUN
dem-4203	27	24	of	of	ADP
dem-4203	27	25	stock	stock	NOUN
dem-4203	27	26	returns	return	NOUN
dem-4203	27	27	occurs	occur	VERB
dem-4203	27	28	than	than	SCONJ
dem-4203	27	29	expected	expect	VERB
dem-4203	27	30	,	,	PUNCT
dem-4203	27	31	and	and	CCONJ
dem-4203	27	32	in	in	ADP
dem-4203	27	33	the	the	DET
dem-4203	27	34	case	case	NOUN
dem-4203	27	35	of	of	ADP
dem-4203	27	36	the	the	DET
dem-4203	27	37	increase	increase	NOUN
dem-4203	27	38	of	of	ADP
dem-4203	27	39	stock	stock	NOUN
dem-4203	27	40	returns	return	NOUN
dem-4203	27	41	the	the	DET
dem-4203	27	42	lower	low	ADJ
dem-4203	27	43	increase	increase	NOUN
dem-4203	27	44	in	in	ADP
dem-4203	27	45	stock	stock	NOUN
dem-4203	27	46	returns	return	NOUN
dem-4203	27	47	occurs	occur	VERB
dem-4203	27	48	than	than	SCONJ
dem-4203	27	49	expected	expect	VERB
dem-4203	27	50	.	.	PUNCT
dem-4203	28	1	condition	condition	NOUN
dem-4203	28	2	(	(	PUNCT
dem-4203	28	3	2	2	X
dem-4203	28	4	)	)	PUNCT
dem-4203	28	5	is	be	AUX
dem-4203	28	6	necessary	necessary	ADJ
dem-4203	28	7	and	and	CCONJ
dem-4203	28	8	sufficient	sufficient	ADJ
dem-4203	28	9	for	for	ADP
dem-4203	28	10	the	the	DET
dem-4203	28	11	second	second	ADJ
dem-4203	28	12	-	-	PUNCT
dem-4203	28	13	order	order	NOUN
dem-4203	28	14	stationarity	stationarity	NOUN
dem-4203	28	15	of	of	ADP
dem-4203	28	16	process	process	NOUN
dem-4203	28	17	described	describe	VERB
dem-4203	28	18	by	by	ADP
dem-4203	28	19	equation	equation	NOUN
dem-4203	28	20	i	i	PRON
dem-4203	28	21	,	,	PUNCT
dem-4203	28	22	however	however	ADV
dem-4203	28	23	conditions	condition	NOUN
dem-4203	28	24	(	(	PUNCT
dem-4203	28	25	1)-(2	1)-(2	NUM
dem-4203	28	26	)	)	PUNCT
dem-4203	28	27	ensure	ensure	VERB
dem-4203	28	28	the	the	DET
dem-4203	28	29	strict	strict	ADJ
dem-4203	28	30	application	application	NOUN
dem-4203	28	31	of	of	ADP
dem-4203	28	32	the	the	DET
dem-4203	28	33	family	family	NOUN
dem-4203	28	34	of	of	ADP
dem-4203	28	35	sign	sign	PROPN
dem-4203	28	36	rca	rca	NOUN
dem-4203	28	37	models	model	NOUN
dem-4203	28	38	…	…	PUNCT
dem-4203	28	39	41	41	NUM
dem-4203	28	40	stationarity	stationarity	NOUN
dem-4203	28	41	of	of	ADP
dem-4203	28	42	this	this	DET
dem-4203	28	43	process	process	NOUN
dem-4203	28	44	.	.	PUNCT
dem-4203	29	1	if	if	SCONJ
dem-4203	29	2	conditions	condition	NOUN
dem-4203	29	3	(	(	PUNCT
dem-4203	29	4	1)-(2	1)-(2	NUM
dem-4203	29	5	)	)	PUNCT
dem-4203	29	6	are	be	AUX
dem-4203	29	7	satisfied	satisfied	ADJ
dem-4203	29	8	,	,	PUNCT
dem-4203	29	9	then	then	ADV
dem-4203	29	10	processes	process	NOUN
dem-4203	29	11	described	describe	VERB
dem-4203	29	12	by	by	ADP
dem-4203	29	13	equations	equation	NOUN
dem-4203	29	14	ii	ii	PROPN
dem-4203	29	15	-	-	PUNCT
dem-4203	29	16	iv	iv	NOUN
dem-4203	29	17	are	be	AUX
dem-4203	29	18	stationary	stationary	ADJ
dem-4203	29	19	in	in	ADP
dem-4203	29	20	mean	mean	NOUN
dem-4203	29	21	.	.	PUNCT
dem-4203	30	1	theoretical	theoretical	ADJ
dem-4203	30	2	properties	property	NOUN
dem-4203	30	3	of	of	ADP
dem-4203	30	4	processes	process	NOUN
dem-4203	30	5	described	describe	VERB
dem-4203	30	6	by	by	ADP
dem-4203	30	7	equations	equation	NOUN
dem-4203	30	8	i	i	PROPN
dem-4203	30	9	-	-	PUNCT
dem-4203	30	10	vi	vi	NOUN
dem-4203	30	11	,	,	PUNCT
dem-4203	30	12	satisfying	satisfying	ADJ
dem-4203	30	13	conditions	condition	NOUN
dem-4203	30	14	(	(	PUNCT
dem-4203	30	15	1)-(2	1)-(2	NUM
dem-4203	30	16	)	)	PUNCT
dem-4203	30	17	can	can	AUX
dem-4203	30	18	be	be	AUX
dem-4203	30	19	found	find	VERB
dem-4203	30	20	in	in	ADP
dem-4203	30	21	several	several	ADJ
dem-4203	30	22	articles	article	NOUN
dem-4203	30	23	(	(	PUNCT
dem-4203	30	24	appadoo	appadoo	PROPN
dem-4203	30	25	,	,	PUNCT
dem-4203	30	26	thavaneswaran	thavaneswaran	NOUN
dem-4203	30	27	,	,	PUNCT
dem-4203	30	28	singh	singh	NOUN
dem-4203	30	29	,	,	PUNCT
dem-4203	30	30	2006	2006	NUM
dem-4203	30	31	;	;	PUNCT
dem-4203	30	32	aue	aue	NOUN
dem-4203	30	33	,	,	PUNCT
dem-4203	30	34	2004	2004	NUM
dem-4203	30	35	;	;	PUNCT
dem-4203	30	36	górka	górka	NOUN
dem-4203	30	37	,	,	PUNCT
dem-4203	30	38	2008	2008	NUM
dem-4203	30	39	;	;	PUNCT
dem-4203	30	40	thavaneswaran	thavaneswaran	NOUN
dem-4203	30	41	,	,	PUNCT
dem-4203	30	42	appadoo	appadoo	PROPN
dem-4203	30	43	,	,	PUNCT
dem-4203	30	44	bector	bector	NOUN
dem-4203	30	45	,	,	PUNCT
dem-4203	30	46	2006	2006	NUM
dem-4203	30	47	;	;	PUNCT
dem-4203	30	48	thavaneswaran	thavaneswaran	PROPN
dem-4203	30	49	,	,	PUNCT
dem-4203	30	50	appadoo	appadoo	PROPN
dem-4203	30	51	,	,	PUNCT
dem-4203	30	52	2006	2006	NUM
dem-4203	30	53	)	)	PUNCT
dem-4203	30	54	.	.	PUNCT
dem-4203	31	1	residuals	residual	NOUN
dem-4203	31	2	from	from	ADP
dem-4203	31	3	the	the	DET
dem-4203	31	4	rca	rca	PROPN
dem-4203	31	5	model	model	NOUN
dem-4203	31	6	can	can	AUX
dem-4203	31	7	be	be	AUX
dem-4203	31	8	described	describe	VERB
dem-4203	31	9	by	by	ADP
dem-4203	31	10	the	the	DET
dem-4203	31	11	garch	garch	NOUN
dem-4203	31	12	model	model	NOUN
dem-4203	31	13	(	(	PUNCT
dem-4203	31	14	thavaneswaran	thavaneswaran	ADJ
dem-4203	31	15	,	,	PUNCT
dem-4203	31	16	peiris	peiris	NOUN
dem-4203	31	17	,	,	PUNCT
dem-4203	31	18	appadoo	appadoo	PROPN
dem-4203	31	19	,	,	PUNCT
dem-4203	31	20	2008	2008	NUM
dem-4203	31	21	;	;	PUNCT
dem-4203	31	22	thavaneswaran	thavaneswaran	NOUN
dem-4203	31	23	,	,	PUNCT
dem-4203	31	24	appadoo	appadoo	PROPN
dem-4203	31	25	,	,	PUNCT
dem-4203	31	26	ghahramani	ghahramani	NOUN
dem-4203	31	27	,	,	PUNCT
dem-4203	31	28	2009	2009	NUM
dem-4203	31	29	)	)	PUNCT
dem-4203	31	30	.	.	PUNCT
dem-4203	32	1	then	then	ADV
dem-4203	32	2	,	,	PUNCT
dem-4203	32	3	the	the	DET
dem-4203	32	4	rca(1)-garch(p	rca(1)-garch(p	NOUN
dem-4203	32	5	,	,	PUNCT
dem-4203	32	6	q	q	NOUN
dem-4203	32	7	)	)	PUNCT
dem-4203	32	8	model	model	NOUN
dem-4203	32	9	described	describe	VERB
dem-4203	32	10	by	by	ADP
dem-4203	32	11	equation	equation	NOUN
dem-4203	32	12	v	v	NOUN
dem-4203	32	13	,	,	PUNCT
dem-4203	32	14	where	where	SCONJ
dem-4203	32	15	(	(	PUNCT
dem-4203	32	16	)	)	PUNCT
dem-4203	32	17	2,0~	2,0~	PROPN
dem-4203	32	18	zt	zt	PROPN
dem-4203	32	19	nz	nz	PROPN
dem-4203	32	20	σ	σ	PROPN
dem-4203	32	21	,	,	PUNCT
dem-4203	32	22	00	00	PUNCT
dem-4203	32	23	>	>	X
dem-4203	32	24	α	α	PROPN
dem-4203	32	25	,	,	PUNCT
dem-4203	32	26	0≥iα	0≥iα	PROPN
dem-4203	32	27	and	and	CCONJ
dem-4203	32	28	0≥jβ	0≥jβ	NUM
dem-4203	32	29	,	,	PUNCT
dem-4203	32	30	is	be	AUX
dem-4203	32	31	obtained	obtain	VERB
dem-4203	32	32	.	.	PUNCT
dem-4203	33	1	when	when	SCONJ
dem-4203	33	2	the	the	DET
dem-4203	33	3	sign	sign	NOUN
dem-4203	33	4	function	function	NOUN
dem-4203	33	5	is	be	AUX
dem-4203	33	6	added	add	VERB
dem-4203	33	7	to	to	ADP
dem-4203	33	8	the	the	DET
dem-4203	33	9	rca	rca	PROPN
dem-4203	33	10	-	-	PUNCT
dem-4203	33	11	garch	garch	NOUN
dem-4203	33	12	model	model	NOUN
dem-4203	33	13	,	,	PUNCT
dem-4203	33	14	then	then	ADV
dem-4203	33	15	the	the	DET
dem-4203	33	16	process	process	NOUN
dem-4203	33	17	described	describe	VERB
dem-4203	33	18	by	by	ADP
dem-4203	33	19	equation	equation	NOUN
dem-4203	33	20	vi	vi	PROPN
dem-4203	33	21	is	be	AUX
dem-4203	33	22	obtained	obtain	VERB
dem-4203	33	23	(	(	PUNCT
dem-4203	33	24	thavaneswaran	thavaneswaran	PROPN
dem-4203	33	25	,	,	PUNCT
dem-4203	33	26	appadoo	appadoo	PROPN
dem-4203	33	27	,	,	PUNCT
dem-4203	33	28	ghahramani	ghahramani	NOUN
dem-4203	33	29	,	,	PUNCT
dem-4203	33	30	2009	2009	NUM
dem-4203	33	31	)	)	PUNCT
dem-4203	33	32	.	.	PUNCT
dem-4203	34	1	the	the	DET
dem-4203	34	2	conditions	condition	NOUN
dem-4203	34	3	ensuring	ensure	VERB
dem-4203	34	4	the	the	DET
dem-4203	34	5	positive	positive	ADJ
dem-4203	34	6	value	value	NOUN
dem-4203	34	7	of	of	ADP
dem-4203	34	8	conditional	conditional	ADJ
dem-4203	34	9	variance	variance	NOUN
dem-4203	34	10	of	of	ADP
dem-4203	34	11	this	this	DET
dem-4203	34	12	process	process	NOUN
dem-4203	34	13	are	be	AUX
dem-4203	34	14	following	follow	VERB
dem-4203	34	15	:	:	PUNCT
dem-4203	34	16	(	(	PUNCT
dem-4203	34	17	)	)	PUNCT
dem-4203	34	18	2,0~	2,0~	PROPN
dem-4203	34	19	zt	zt	PROPN
dem-4203	34	20	nz	nz	PROPN
dem-4203	34	21	σ	σ	PROPN
dem-4203	34	22	,	,	PUNCT
dem-4203	34	23	00	00	PUNCT
dem-4203	34	24	>	>	X
dem-4203	35	1	α	α	PROPN
dem-4203	35	2	,	,	PUNCT
dem-4203	35	3	0≥iα	0≥iα	PROPN
dem-4203	35	4	,	,	PUNCT
dem-4203	35	5	0≥jβ	0≥jβ	NUM
dem-4203	35	6	,	,	PUNCT
dem-4203	35	7	0α≤φ	0α≤φ	NOUN
dem-4203	35	8	.	.	PUNCT
dem-4203	36	1	3	3	X
dem-4203	36	2	.	.	X
dem-4203	36	3	the	the	DET
dem-4203	36	4	selected	select	VERB
dem-4203	36	5	risk	risk	NOUN
dem-4203	36	6	measures	measure	NOUN
dem-4203	36	7	in	in	ADP
dem-4203	36	8	this	this	DET
dem-4203	36	9	paper	paper	NOUN
dem-4203	36	10	two	two	NUM
dem-4203	36	11	tools	tool	NOUN
dem-4203	36	12	for	for	ADP
dem-4203	36	13	measuring	measure	VERB
dem-4203	36	14	market	market	NOUN
dem-4203	36	15	risk	risk	NOUN
dem-4203	36	16	were	be	AUX
dem-4203	36	17	used	use	VERB
dem-4203	36	18	,	,	PUNCT
dem-4203	36	19	i.	i.	PROPN
dem-4203	36	20	e.	e.	PROPN
dem-4203	36	21	value	value	PROPN
dem-4203	36	22	-	-	PUNCT
dem-4203	36	23	atrisk	atrisk	PROPN
dem-4203	36	24	(	(	PUNCT
dem-4203	36	25	var	var	NOUN
dem-4203	36	26	)	)	PUNCT
dem-4203	36	27	and	and	CCONJ
dem-4203	36	28	expected	expect	VERB
dem-4203	36	29	shortfall	shortfall	NOUN
dem-4203	36	30	(	(	PUNCT
dem-4203	36	31	es	es	NOUN
dem-4203	36	32	)	)	PUNCT
dem-4203	36	33	.	.	PUNCT
dem-4203	37	1	value	value	NOUN
dem-4203	37	2	-	-	PUNCT
dem-4203	37	3	at	at	ADP
dem-4203	37	4	-	-	PUNCT
dem-4203	37	5	risk	risk	NOUN
dem-4203	37	6	is	be	AUX
dem-4203	37	7	the	the	DET
dem-4203	37	8	maximum	maximum	ADJ
dem-4203	37	9	loss	loss	NOUN
dem-4203	37	10	over	over	ADP
dem-4203	37	11	a	a	DET
dem-4203	37	12	target	target	NOUN
dem-4203	37	13	horizon	horizon	NOUN
dem-4203	37	14	such	such	ADJ
dem-4203	37	15	that	that	SCONJ
dem-4203	37	16	there	there	PRON
dem-4203	37	17	is	be	VERB
dem-4203	37	18	a	a	DET
dem-4203	37	19	low	low	ADJ
dem-4203	37	20	,	,	PUNCT
dem-4203	37	21	prespecified	prespecifie	VERB
dem-4203	37	22	probability	probability	NOUN
dem-4203	37	23	that	that	SCONJ
dem-4203	37	24	the	the	DET
dem-4203	37	25	actual	actual	ADJ
dem-4203	37	26	loss	loss	NOUN
dem-4203	37	27	will	will	AUX
dem-4203	37	28	be	be	AUX
dem-4203	37	29	larger	large	ADJ
dem-4203	37	30	.	.	PUNCT
dem-4203	38	1	expected	expect	VERB
dem-4203	38	2	shortfall	shortfall	NOUN
dem-4203	38	3	is	be	AUX
dem-4203	38	4	a	a	DET
dem-4203	38	5	coherent	coherent	ADJ
dem-4203	38	6	alternative	alternative	NOUN
dem-4203	38	7	to	to	ADP
dem-4203	38	8	valueat	valueat	NOUN
dem-4203	38	9	-	-	PUNCT
dem-4203	38	10	risk	risk	NOUN
dem-4203	38	11	(	(	PUNCT
dem-4203	38	12	acerbi	acerbi	NOUN
dem-4203	38	13	,	,	PUNCT
dem-4203	38	14	tasche	tasche	NOUN
dem-4203	38	15	,	,	PUNCT
dem-4203	38	16	2002	2002	NUM
dem-4203	38	17	)	)	PUNCT
dem-4203	38	18	.	.	PUNCT
dem-4203	39	1	it	it	PRON
dem-4203	39	2	is	be	AUX
dem-4203	39	3	the	the	DET
dem-4203	39	4	expected	expect	VERB
dem-4203	39	5	loss	loss	NOUN
dem-4203	39	6	conditional	conditional	ADJ
dem-4203	39	7	on	on	ADP
dem-4203	39	8	exceeding	exceed	VERB
dem-4203	39	9	var	var	NOUN
dem-4203	39	10	.	.	PUNCT
dem-4203	40	1	one	one	NUM
dem-4203	40	2	-	-	PUNCT
dem-4203	40	3	step	step	NOUN
dem-4203	40	4	-	-	PUNCT
dem-4203	40	5	ahead	ahead	NOUN
dem-4203	40	6	conditional	conditional	ADJ
dem-4203	40	7	forecasts	forecast	NOUN
dem-4203	40	8	of	of	ADP
dem-4203	40	9	value	value	NOUN
dem-4203	40	10	-	-	PUNCT
dem-4203	40	11	at	at	ADP
dem-4203	40	12	-	-	PUNCT
dem-4203	40	13	risk	risk	NOUN
dem-4203	40	14	are	be	AUX
dem-4203	40	15	calculated	calculate	VERB
dem-4203	40	16	in	in	ADP
dem-4203	40	17	two	two	NUM
dem-4203	40	18	ways	way	NOUN
dem-4203	40	19	.	.	PUNCT
dem-4203	41	1	firstly	firstly	ADV
dem-4203	41	2	,	,	PUNCT
dem-4203	41	3	value	value	NOUN
dem-4203	41	4	-	-	PUNCT
dem-4203	41	5	at	at	ADP
dem-4203	41	6	-	-	PUNCT
dem-4203	41	7	risk	risk	NOUN
dem-4203	41	8	is	be	AUX
dem-4203	41	9	calculated	calculate	VERB
dem-4203	41	10	by	by	ADP
dem-4203	41	11	formula	formula	NOUN
dem-4203	41	12	:	:	PUNCT
dem-4203	41	13	(	(	PUNCT
dem-4203	41	14	)	)	PUNCT
dem-4203	41	15	,	,	PUNCT
dem-4203	41	16	111	111	NUM
dem-4203	41	17	ασμα	ασμα	ADJ
dem-4203	41	18	zvar	zvar	NOUN
dem-4203	41	19	tttt	tttt	PROPN
dem-4203	41	20	l	l	PROPN
dem-4203	41	21	t	t	NOUN
dem-4203	42	1	+	+	PROPN
dem-4203	42	2	+	+	PROPN
dem-4203	42	3	+	+	ADJ
dem-4203	42	4	+	+	NOUN
dem-4203	42	5	=	=	NOUN
dem-4203	42	6	where	where	SCONJ
dem-4203	42	7	tt	tt	PROPN
dem-4203	42	8	|1+μ	|1+μ	VERB
dem-4203	42	9	,	,	PUNCT
dem-4203	42	10	tt	tt	PROPN
dem-4203	42	11	|1+σ	|1+σ	NOUN
dem-4203	42	12	are	be	AUX
dem-4203	42	13	one	one	NUM
dem-4203	42	14	-	-	PUNCT
dem-4203	42	15	step	step	NOUN
dem-4203	42	16	-	-	PUNCT
dem-4203	42	17	ahead	ahead	NOUN
dem-4203	42	18	conditional	conditional	ADJ
dem-4203	42	19	forecasts	forecast	NOUN
dem-4203	42	20	of	of	ADP
dem-4203	42	21	mean	mean	NOUN
dem-4203	42	22	and	and	CCONJ
dem-4203	42	23	volatility	volatility	NOUN
dem-4203	42	24	respectively	respectively	ADV
dem-4203	42	25	.	.	PUNCT
dem-4203	43	1	secondly	secondly	ADV
dem-4203	43	2	,	,	PUNCT
dem-4203	43	3	the	the	DET
dem-4203	43	4	formula	formula	NOUN
dem-4203	43	5	proposed	propose	VERB
dem-4203	43	6	by	by	ADP
dem-4203	43	7	christoffersen	christoffersen	PROPN
dem-4203	43	8	(	(	PUNCT
dem-4203	43	9	2009	2009	NUM
dem-4203	43	10	)	)	PUNCT
dem-4203	43	11	is	be	AUX
dem-4203	43	12	used	use	VERB
dem-4203	43	13	:	:	PUNCT
dem-4203	43	14	(	(	PUNCT
dem-4203	43	15	)	)	PUNCT
dem-4203	43	16	,	,	PUNCT
dem-4203	43	17	111	111	NUM
dem-4203	43	18	tu	tu	PROPN
dem-4203	43	19	tttt	tttt	PROPN
dem-4203	43	20	l	l	PROPN
dem-4203	43	21	t	t	PROPN
dem-4203	43	22	qvar	qvar	NOUN
dem-4203	43	23	ασμα	ασμα	PROPN
dem-4203	44	1	+	+	PROPN
dem-4203	44	2	+	+	PROPN
dem-4203	44	3	+	+	ADJ
dem-4203	44	4	+	+	NOUN
dem-4203	44	5	=	=	NOUN
dem-4203	44	6	where	where	SCONJ
dem-4203	44	7	tuqα	tuqα	ADJ
dem-4203	44	8	denotes	denote	VERB
dem-4203	44	9	the	the	DET
dem-4203	44	10	percentile	percentile	NOUN
dem-4203	44	11	of	of	ADP
dem-4203	44	12	the	the	DET
dem-4203	44	13	set	set	NOUN
dem-4203	44	14	of	of	ADP
dem-4203	44	15	standardization	standardization	NOUN
dem-4203	44	16	historical	historical	ADJ
dem-4203	44	17	shocks	shock	NOUN
dem-4203	44	18	tu	tu	PROPN
dem-4203	44	19	.	.	PUNCT
dem-4203	44	20	expected	expect	VERB
dem-4203	44	21	shortfall	shortfall	NOUN
dem-4203	44	22	for	for	ADP
dem-4203	44	23	the	the	DET
dem-4203	44	24	one	one	NUM
dem-4203	44	25	-	-	PUNCT
dem-4203	44	26	step	step	NOUN
dem-4203	44	27	forecast	forecast	NOUN
dem-4203	44	28	can	can	AUX
dem-4203	44	29	be	be	AUX
dem-4203	44	30	calculated	calculate	VERB
dem-4203	44	31	as	as	ADP
dem-4203	44	32	:	:	PUNCT
dem-4203	44	33	−	−	PROPN
dem-4203	44	34	average	average	NOUN
dem-4203	44	35	of	of	ADP
dem-4203	44	36	values	value	NOUN
dem-4203	44	37	exceeding	exceed	VERB
dem-4203	44	38	var	var	NOUN
dem-4203	44	39	(	(	PUNCT
dem-4203	44	40	yy	yy	NOUN
dem-4203	44	41	)	)	PUNCT
dem-4203	44	42	(	(	PUNCT
dem-4203	44	43	yamai	yamai	ADJ
dem-4203	44	44	,	,	PUNCT
dem-4203	44	45	yoshiba	yoshiba	PROPN
dem-4203	44	46	,	,	PUNCT
dem-4203	44	47	2002	2002	NUM
dem-4203	44	48	)	)	PUNCT
dem-4203	44	49	,	,	PUNCT
dem-4203	44	50	−	−	PROPN
dem-4203	44	51	weighted	weight	VERB
dem-4203	44	52	average	average	NOUN
dem-4203	44	53	of	of	ADP
dem-4203	44	54	values	value	NOUN
dem-4203	44	55	exceeding	exceed	VERB
dem-4203	44	56	var	var	NOUN
dem-4203	44	57	(	(	PUNCT
dem-4203	44	58	dowd	dowd	PROPN
dem-4203	44	59	)	)	PUNCT
dem-4203	44	60	(	(	PUNCT
dem-4203	44	61	dowd	dowd	PROPN
dem-4203	44	62	,	,	PUNCT
dem-4203	44	63	2002	2002	NUM
dem-4203	44	64	)	)	PUNCT
dem-4203	44	65	,	,	PUNCT
dem-4203	44	66	joanna	joanna	PROPN
dem-4203	44	67	górka	górka	PROPN
dem-4203	44	68	42	42	NUM
dem-4203	44	69	−	−	NOUN
dem-4203	44	70	filtered	filter	VERB
dem-4203	44	71	historical	historical	ADJ
dem-4203	44	72	simulation	simulation	NOUN
dem-4203	44	73	(	(	PUNCT
dem-4203	44	74	fhs	fhs	PROPN
dem-4203	44	75	)	)	PUNCT
dem-4203	44	76	,	,	PUNCT
dem-4203	44	77	in	in	ADP
dem-4203	44	78	the	the	DET
dem-4203	44	79	version	version	NOUN
dem-4203	44	80	proposed	propose	VERB
dem-4203	44	81	by	by	ADP
dem-4203	44	82	christoffersen	christoffersen	NOUN
dem-4203	44	83	(	(	PUNCT
dem-4203	44	84	2009	2009	NUM
dem-4203	44	85	)	)	PUNCT
dem-4203	44	86	,	,	PUNCT
dem-4203	44	87	i.	i.	PROPN
dem-4203	44	88	e.	e.	PROPN
dem-4203	44	89	(	(	PUNCT
dem-4203	44	90	)	)	PUNCT
dem-4203	44	91	(	(	PUNCT
dem-4203	44	92	)	)	PUNCT
dem-4203	44	93	,	,	PUNCT
dem-4203	44	94	11	11	NUM
dem-4203	44	95	1	1	NUM
dem-4203	44	96	1	1	NUM
dem-4203	44	97	1	1	NUM
dem-4203	44	98	11	11	NUM
dem-4203	44	99	⎟	⎟	X
dem-4203	44	100	⎟	⎟	X
dem-4203	44	101	⎠	⎠	PUNCT
dem-4203	44	102	⎞	⎞	PROPN
dem-4203	44	103	⎜	⎜	PROPN
dem-4203	44	104	⎜	⎜	PROPN
dem-4203	44	105	⎝	⎝	PUNCT
dem-4203	44	106	⎛	⎛	NOUN
dem-4203	44	107	<	<	X
dem-4203	44	108	⋅=	⋅=	NOUN
dem-4203	45	1	+	+	X
dem-4203	45	2	+	+	PUNCT
dem-4203	45	3	=	=	SYM
dem-4203	46	1	+	+	ADJ
dem-4203	46	2	+	+	PROPN
dem-4203	46	3	∑	∑	PROPN
dem-4203	46	4	tt	tt	PROPN
dem-4203	46	5	l	l	PROPN
dem-4203	46	6	t	t	PROPN
dem-4203	47	1	t	t	PROPN
dem-4203	47	2	t	t	PROPN
dem-4203	47	3	t	t	PROPN
dem-4203	47	4	tttt	tttt	NOUN
dem-4203	47	5	varuu	varuu	NOUN
dem-4203	47	6	t	t	PROPN
dem-4203	47	7	es	es	X
dem-4203	47	8	σ	σ	PROPN
dem-4203	48	1	α	α	PROPN
dem-4203	49	1	α	α	NOUN
dem-4203	50	1	σα	σα	INTJ
dem-4203	50	2	where	where	SCONJ
dem-4203	50	3	(	(	PUNCT
dem-4203	50	4	)	)	PUNCT
dem-4203	50	5	∗1	∗1	PROPN
dem-4203	50	6	denotes	denote	NOUN
dem-4203	50	7	the	the	DET
dem-4203	50	8	indicator	indicator	NOUN
dem-4203	50	9	function	function	NOUN
dem-4203	50	10	returning	return	VERB
dem-4203	50	11	a	a	DET
dem-4203	50	12	unit	unit	NOUN
dem-4203	50	13	if	if	SCONJ
dem-4203	50	14	the	the	DET
dem-4203	50	15	argument	argument	NOUN
dem-4203	50	16	is	be	AUX
dem-4203	50	17	true	true	ADJ
dem-4203	50	18	,	,	PUNCT
dem-4203	50	19	and	and	CCONJ
dem-4203	50	20	zero	zero	NUM
dem-4203	50	21	otherwise	otherwise	ADV
dem-4203	51	1	;	;	PUNCT
dem-4203	51	2	α	α	PRON
dem-4203	51	3	is	be	AUX
dem-4203	51	4	tolerance	tolerance	NOUN
dem-4203	51	5	level	level	NOUN
dem-4203	51	6	.	.	PUNCT
dem-4203	52	1	to	to	PART
dem-4203	52	2	check	check	VERB
dem-4203	52	3	the	the	DET
dem-4203	52	4	accuracy	accuracy	NOUN
dem-4203	52	5	of	of	ADP
dem-4203	52	6	risk	risk	NOUN
dem-4203	52	7	measures	measure	VERB
dem-4203	52	8	the	the	DET
dem-4203	52	9	backtesting	backtesting	NOUN
dem-4203	52	10	of	of	ADP
dem-4203	52	11	var	var	NOUN
dem-4203	52	12	and	and	CCONJ
dem-4203	52	13	es	es	X
dem-4203	52	14	using	use	VERB
dem-4203	52	15	the	the	DET
dem-4203	52	16	traditional	traditional	ADJ
dem-4203	52	17	var	var	NOUN
dem-4203	52	18	tests	test	NOUN
dem-4203	52	19	and	and	CCONJ
dem-4203	52	20	the	the	DET
dem-4203	52	21	loss	loss	NOUN
dem-4203	52	22	function	function	NOUN
dem-4203	52	23	was	be	AUX
dem-4203	52	24	conducted	conduct	VERB
dem-4203	52	25	.	.	PUNCT
dem-4203	53	1	the	the	DET
dem-4203	53	2	traditional	traditional	ADJ
dem-4203	53	3	var	var	NOUN
dem-4203	53	4	tests	test	NOUN
dem-4203	53	5	used	use	VERB
dem-4203	53	6	to	to	PART
dem-4203	53	7	compare	compare	VERB
dem-4203	53	8	results	result	NOUN
dem-4203	53	9	are	be	AUX
dem-4203	53	10	following	follow	VERB
dem-4203	53	11	:	:	PUNCT
dem-4203	53	12	−	−	NUM
dem-4203	53	13	proportion	proportion	NOUN
dem-4203	53	14	of	of	ADP
dem-4203	53	15	failures	failure	NOUN
dem-4203	53	16	test1	test1	PROPN
dem-4203	53	17	–	–	PUNCT
dem-4203	53	18	lrpof	lrpof	VERB
dem-4203	53	19	,	,	PUNCT
dem-4203	53	20	−	−	PROPN
dem-4203	53	21	independence	independence	NOUN
dem-4203	53	22	test	test	NOUN
dem-4203	53	23	–	–	PUNCT
dem-4203	53	24	lrind	lrind	NOUN
dem-4203	53	25	,	,	PUNCT
dem-4203	53	26	−	−	PRON
dem-4203	53	27	time	time	NOUN
dem-4203	53	28	between	between	ADP
dem-4203	53	29	failures	failure	NOUN
dem-4203	53	30	test	test	NOUN
dem-4203	53	31	–	–	PUNCT
dem-4203	53	32	lrtbf	lrtbf	NOUN
dem-4203	53	33	,	,	PUNCT
dem-4203	53	34	the	the	DET
dem-4203	53	35	loss	loss	NOUN
dem-4203	53	36	functions	function	NOUN
dem-4203	53	37	used	use	VERB
dem-4203	53	38	to	to	PART
dem-4203	53	39	compare	compare	VERB
dem-4203	53	40	results	result	NOUN
dem-4203	53	41	are	be	AUX
dem-4203	53	42	following	follow	VERB
dem-4203	53	43	:	:	PUNCT
dem-4203	53	44	−	−	PROPN
dem-4203	53	45	regulatory	regulatory	ADJ
dem-4203	53	46	loss	loss	NOUN
dem-4203	53	47	function	function	NOUN
dem-4203	53	48	–	–	PUNCT
dem-4203	53	49	rl	rl	ADP
dem-4203	53	50	−	−	PROPN
dem-4203	53	51	firm	firm	NOUN
dem-4203	53	52	’s	’s	PART
dem-4203	53	53	loss	loss	NOUN
dem-4203	53	54	function	function	NOUN
dem-4203	53	55	–	–	PUNCT
dem-4203	53	56	fl	fl	NOUN
dem-4203	53	57	−	−	PROPN
dem-4203	53	58	loss	loss	NOUN
dem-4203	53	59	function	function	NOUN
dem-4203	53	60	with	with	ADP
dem-4203	53	61	the	the	DET
dem-4203	53	62	expected	expect	VERB
dem-4203	53	63	loss	loss	NOUN
dem-4203	53	64	proposed	propose	VERB
dem-4203	53	65	by	by	ADP
dem-4203	53	66	angelidis	angelidi	NOUN
dem-4203	53	67	,	,	PUNCT
dem-4203	53	68	degiannakis	degiannaki	NOUN
dem-4203	53	69	(	(	PUNCT
dem-4203	53	70	2006	2006	NUM
dem-4203	53	71	)	)	PUNCT
dem-4203	53	72	.	.	PUNCT
dem-4203	54	1	it	it	PRON
dem-4203	54	2	can	can	AUX
dem-4203	54	3	be	be	AUX
dem-4203	54	4	described	describe	VERB
dem-4203	54	5	as	as	ADP
dem-4203	54	6	msemaelfes	msemaelfe	NOUN
dem-4203	54	7	+	+	NOUN
dem-4203	54	8	=	=	SYM
dem-4203	54	9	where	where	SCONJ
dem-4203	54	10	∑	∑	ADV
dem-4203	54	11	=	=	SYM
dem-4203	54	12	=	=	SYM
dem-4203	54	13	n	n	PRON
dem-4203	54	14	t	t	NOUN
dem-4203	54	15	tf	tf	NUM
dem-4203	54	16	n	n	NUM
dem-4203	54	17	mae	mae	PROPN
dem-4203	54	18	1	1	NUM
dem-4203	54	19	|1	|1	NUM
dem-4203	54	20	1	1	NUM
dem-4203	54	21	,	,	PUNCT
dem-4203	54	22	∑	∑	PUNCT
dem-4203	54	23	=	=	PUNCT
dem-4203	54	24	=	=	SYM
dem-4203	54	25	n	n	PRON
dem-4203	54	26	t	t	NOUN
dem-4203	54	27	tf	tf	NUM
dem-4203	54	28	n	n	PROPN
dem-4203	54	29	mse	mse	PROPN
dem-4203	54	30	1	1	NUM
dem-4203	54	31	|2	|2	NUM
dem-4203	54	32	1	1	NUM
dem-4203	54	33	while	while	NOUN
dem-4203	54	34	:	:	PUNCT
dem-4203	54	35	⎪⎩	⎪⎩	ADJ
dem-4203	54	36	⎪	⎪	NOUN
dem-4203	54	37	⎨	⎨	ADJ
dem-4203	54	38	⎧	⎧	PROPN
dem-4203	54	39	−≤+	−≤+	PROPN
dem-4203	54	40	−	−	PROPN
dem-4203	54	41	>	>	X
dem-4203	54	42	=	=	PUNCT
dem-4203	55	1	+	+	PROPN
dem-4203	55	2	+	+	X
dem-4203	55	3	+	+	CCONJ
dem-4203	55	4	+	+	CCONJ
dem-4203	55	5	,	,	PUNCT
dem-4203	55	6	,	,	PUNCT
dem-4203	55	7	0	0	NUM
dem-4203	55	8	,	,	PUNCT
dem-4203	55	9	1,1	1,1	NUM
dem-4203	55	10	,	,	PUNCT
dem-4203	55	11	1	1	NUM
dem-4203	55	12	1|1	1|1	NUM
dem-4203	55	13	trttrt	trttrt	NOUN
dem-4203	55	14	trt	trt	PROPN
dem-4203	55	15	t	t	PROPN
dem-4203	55	16	varresr	varresr	NOUN
dem-4203	56	1	varr	varr	X
dem-4203	57	1	f	f	PROPN
dem-4203	58	1	(	(	PUNCT
dem-4203	58	2	)	)	PUNCT
dem-4203	58	3	⎪⎩	⎪⎩	ADV
dem-4203	58	4	⎪	⎪	NOUN
dem-4203	58	5	⎨	⎨	ADJ
dem-4203	58	6	⎧	⎧	PROPN
dem-4203	58	7	−≤+	−≤+	PROPN
dem-4203	58	8	−	−	PROPN
dem-4203	58	9	>	>	X
dem-4203	58	10	=	=	PUNCT
dem-4203	59	1	+	+	PROPN
dem-4203	59	2	+	+	X
dem-4203	59	3	+	+	CCONJ
dem-4203	59	4	+	+	X
dem-4203	59	5	.	.	PUNCT
dem-4203	60	1	,	,	PUNCT
dem-4203	60	2	0	0	NUM
dem-4203	60	3	,	,	PUNCT
dem-4203	60	4	1	1	NUM
dem-4203	60	5	2	2	NUM
dem-4203	60	6	,	,	PUNCT
dem-4203	60	7	1	1	NUM
dem-4203	60	8	,	,	PUNCT
dem-4203	60	9	1	1	NUM
dem-4203	60	10	1|2	1|2	NUM
dem-4203	60	11	trttrt	trttrt	NOUN
dem-4203	60	12	trt	trt	PROPN
dem-4203	60	13	t	t	PROPN
dem-4203	60	14	varresr	varresr	PROPN
dem-4203	60	15	varr	varr	PROPN
dem-4203	60	16	f	f	PROPN
dem-4203	60	17	4	4	X
dem-4203	60	18	.	.	PUNCT
dem-4203	61	1	empirical	empirical	ADJ
dem-4203	61	2	results	result	NOUN
dem-4203	61	3	the	the	DET
dem-4203	61	4	data	datum	NOUN
dem-4203	61	5	used	use	VERB
dem-4203	61	6	in	in	ADP
dem-4203	61	7	the	the	DET
dem-4203	61	8	empirical	empirical	ADJ
dem-4203	61	9	application	application	NOUN
dem-4203	61	10	are	be	AUX
dem-4203	61	11	eight	eight	NUM
dem-4203	61	12	stock	stock	NOUN
dem-4203	61	13	exchange	exchange	NOUN
dem-4203	61	14	indexes	index	NOUN
dem-4203	61	15	and	and	CCONJ
dem-4203	61	16	thirty	thirty	NUM
dem-4203	61	17	three	three	NUM
dem-4203	61	18	share	share	NOUN
dem-4203	61	19	prices	price	NOUN
dem-4203	61	20	of	of	ADP
dem-4203	61	21	the	the	DET
dem-4203	61	22	polish	polish	ADJ
dem-4203	61	23	firms	firm	NOUN
dem-4203	61	24	’	'	PUNCT
dem-4203	61	25	from	from	ADP
dem-4203	61	26	the	the	DET
dem-4203	61	27	warsaw	warsaw	PROPN
dem-4203	61	28	stock	stock	PROPN
dem-4203	61	29	exchange	exchange	PROPN
dem-4203	61	30	.	.	PUNCT
dem-4203	62	1	it	it	PRON
dem-4203	62	2	gives	give	VERB
dem-4203	62	3	forty	forty	NUM
dem-4203	62	4	one	one	NUM
dem-4203	62	5	time	time	NOUN
dem-4203	62	6	series	series	NOUN
dem-4203	62	7	.	.	PUNCT
dem-4203	63	1	the	the	DET
dem-4203	63	2	data	datum	NOUN
dem-4203	63	3	were	be	AUX
dem-4203	63	4	obtained	obtain	VERB
dem-4203	63	5	from	from	ADP
dem-4203	63	6	bossa.pl	bossa.pl	PRON
dem-4203	63	7	for	for	ADP
dem-4203	63	8	the	the	DET
dem-4203	63	9	period	period	NOUN
dem-4203	63	10	from	from	ADP
dem-4203	63	11	november	november	PROPN
dem-4203	63	12	30	30	NUM
dem-4203	63	13	,	,	PUNCT
dem-4203	63	14	1998	1998	NUM
dem-4203	63	15	to	to	ADP
dem-4203	63	16	november	november	PROPN
dem-4203	63	17	4	4	NUM
dem-4203	63	18	,	,	PUNCT
dem-4203	63	19	2008	2008	NUM
dem-4203	63	20	,	,	PUNCT
dem-4203	63	21	what	what	PRON
dem-4203	63	22	gives	give	VERB
dem-4203	63	23	2490	2490	NUM
dem-4203	63	24	daily	daily	ADJ
dem-4203	63	25	percentage	percentage	NOUN
dem-4203	63	26	log	log	NOUN
dem-4203	63	27	returns	return	NOUN
dem-4203	63	28	and	and	CCONJ
dem-4203	63	29	493	493	NUM
dem-4203	63	30	weekly	weekly	ADJ
dem-4203	63	31	percentage	percentage	NOUN
dem-4203	63	32	log	log	NOUN
dem-4203	63	33	returns	return	NOUN
dem-4203	63	34	.	.	PUNCT
dem-4203	64	1	the	the	DET
dem-4203	64	2	calculations	calculation	NOUN
dem-4203	64	3	were	be	AUX
dem-4203	64	4	carried	carry	VERB
dem-4203	64	5	out	out	ADP
dem-4203	64	6	in	in	ADP
dem-4203	64	7	the	the	DET
dem-4203	64	8	gauss	gauss	PROPN
dem-4203	64	9	and	and	CCONJ
dem-4203	64	10	microsoft	microsoft	PROPN
dem-4203	64	11	excel	excel	PROPN
dem-4203	64	12	.	.	PUNCT
dem-4203	65	1	1	1	NUM
dem-4203	65	2	other	other	ADJ
dem-4203	65	3	name	name	NOUN
dem-4203	65	4	of	of	ADP
dem-4203	65	5	this	this	DET
dem-4203	65	6	test	test	NOUN
dem-4203	65	7	is	be	AUX
dem-4203	65	8	the	the	DET
dem-4203	65	9	kupiec	kupiec	NOUN
dem-4203	65	10	test	test	NOUN
dem-4203	65	11	.	.	PUNCT
dem-4203	66	1	application	application	NOUN
dem-4203	66	2	of	of	ADP
dem-4203	66	3	the	the	DET
dem-4203	66	4	family	family	NOUN
dem-4203	66	5	of	of	ADP
dem-4203	66	6	sign	sign	PROPN
dem-4203	66	7	rca	rca	NOUN
dem-4203	66	8	models	model	NOUN
dem-4203	66	9	…	…	PUNCT
dem-4203	66	10	43	43	NUM
dem-4203	66	11	firstly	firstly	ADV
dem-4203	66	12	,	,	PUNCT
dem-4203	66	13	for	for	ADP
dem-4203	66	14	each	each	DET
dem-4203	66	15	returns	return	NOUN
dem-4203	66	16	series	series	VERB
dem-4203	66	17	the	the	DET
dem-4203	66	18	descriptive	descriptive	ADJ
dem-4203	66	19	statistics	statistic	NOUN
dem-4203	66	20	and	and	CCONJ
dem-4203	66	21	some	some	DET
dem-4203	66	22	tests	test	NOUN
dem-4203	66	23	were	be	AUX
dem-4203	66	24	calculated	calculate	VERB
dem-4203	66	25	.	.	PUNCT
dem-4203	67	1	all	all	DET
dem-4203	67	2	series	serie	NOUN
dem-4203	67	3	have	have	VERB
dem-4203	67	4	positive	positive	ADJ
dem-4203	67	5	kurtosis	kurtosis	NOUN
dem-4203	67	6	(	(	PUNCT
dem-4203	67	7	leptokurtic	leptokurtic	ADJ
dem-4203	67	8	)	)	PUNCT
dem-4203	67	9	.	.	PUNCT
dem-4203	68	1	some	some	PRON
dem-4203	68	2	of	of	ADP
dem-4203	68	3	returns	return	NOUN
dem-4203	68	4	series	series	NOUN
dem-4203	68	5	are	be	AUX
dem-4203	68	6	autocorrelated	autocorrelate	VERB
dem-4203	68	7	.	.	PUNCT
dem-4203	69	1	secondly	secondly	ADV
dem-4203	69	2	,	,	PUNCT
dem-4203	69	3	parameters	parameter	NOUN
dem-4203	69	4	of	of	ADP
dem-4203	69	5	six	six	NUM
dem-4203	69	6	models	model	NOUN
dem-4203	69	7	from	from	ADP
dem-4203	69	8	the	the	DET
dem-4203	69	9	sign	sign	NOUN
dem-4203	69	10	rca	rca	PROPN
dem-4203	69	11	family	family	NOUN
dem-4203	69	12	were	be	AUX
dem-4203	69	13	estimated	estimate	VERB
dem-4203	69	14	using	use	VERB
dem-4203	69	15	maximum	maximum	ADJ
dem-4203	69	16	likelihood	likelihood	NOUN
dem-4203	69	17	(	(	PUNCT
dem-4203	69	18	mle	mle	PROPN
dem-4203	69	19	)	)	PUNCT
dem-4203	69	20	.	.	PUNCT
dem-4203	70	1	the	the	DET
dem-4203	70	2	number	number	NOUN
dem-4203	70	3	of	of	ADP
dem-4203	70	4	models	model	NOUN
dem-4203	70	5	from	from	ADP
dem-4203	70	6	the	the	DET
dem-4203	70	7	family	family	NOUN
dem-4203	70	8	sign	sign	NOUN
dem-4203	70	9	rca	rca	NOUN
dem-4203	70	10	models	model	NOUN
dem-4203	70	11	with	with	ADP
dem-4203	70	12	statistically	statistically	ADV
dem-4203	70	13	significant	significant	ADJ
dem-4203	70	14	parameters	parameter	NOUN
dem-4203	70	15	for	for	ADP
dem-4203	70	16	the	the	DET
dem-4203	70	17	total	total	ADJ
dem-4203	70	18	sample	sample	NOUN
dem-4203	70	19	is	be	AUX
dem-4203	70	20	presented	present	VERB
dem-4203	70	21	in	in	ADP
dem-4203	70	22	the	the	DET
dem-4203	70	23	table	table	NOUN
dem-4203	70	24	2	2	NUM
dem-4203	70	25	.	.	PUNCT
dem-4203	70	26	table	table	NOUN
dem-4203	70	27	2	2	NUM
dem-4203	70	28	.	.	PUNCT
dem-4203	71	1	the	the	DET
dem-4203	71	2	number	number	NOUN
dem-4203	71	3	of	of	ADP
dem-4203	71	4	models	model	NOUN
dem-4203	71	5	with	with	ADP
dem-4203	71	6	significant	significant	ADJ
dem-4203	71	7	parameters	parameter	NOUN
dem-4203	71	8	from	from	ADP
dem-4203	71	9	the	the	DET
dem-4203	71	10	family	family	NOUN
dem-4203	71	11	of	of	ADP
dem-4203	71	12	sign	sign	NOUN
dem-4203	71	13	rca	rca	NOUN
dem-4203	71	14	models	model	NOUN
dem-4203	71	15	for	for	ADP
dem-4203	71	16	percentage	percentage	NOUN
dem-4203	71	17	log	log	NOUN
dem-4203	71	18	returns	return	NOUN
dem-4203	71	19	(	(	PUNCT
dem-4203	71	20	2490	2490	NUM
dem-4203	71	21	daily	daily	ADJ
dem-4203	71	22	data	datum	NOUN
dem-4203	71	23	and	and	CCONJ
dem-4203	71	24	493	493	NUM
dem-4203	71	25	weekly	weekly	ADJ
dem-4203	71	26	data	datum	NOUN
dem-4203	71	27	)	)	PUNCT
dem-4203	71	28	model	model	NOUN
dem-4203	71	29	α	α	NOUN
dem-4203	71	30	=	=	SYM
dem-4203	71	31	5	5	NUM
dem-4203	71	32	%	%	NOUN
dem-4203	71	33	α	α	NOUN
dem-4203	71	34	=	=	SYM
dem-4203	71	35	10	10	NUM
dem-4203	71	36	%	%	NOUN
dem-4203	71	37	daily	daily	ADJ
dem-4203	71	38	data	datum	NOUN
dem-4203	71	39	weekly	weekly	ADJ
dem-4203	71	40	data	datum	NOUN
dem-4203	71	41	daily	daily	ADJ
dem-4203	71	42	data	datum	NOUN
dem-4203	71	43	weekly	weekly	ADJ
dem-4203	71	44	data	data	PROPN
dem-4203	71	45	ar(1	ar(1	PROPN
dem-4203	71	46	)	)	PUNCT
dem-4203	71	47	26	26	NUM
dem-4203	71	48	9	9	NUM
dem-4203	71	49	27	27	NUM
dem-4203	71	50	10	10	NUM
dem-4203	71	51	rca(1	rca(1	NOUN
dem-4203	71	52	)	)	PUNCT
dem-4203	71	53	24	24	NUM
dem-4203	71	54	5	5	NUM
dem-4203	71	55	24	24	NUM
dem-4203	71	56	10	10	NUM
dem-4203	71	57	sign	sign	NOUN
dem-4203	71	58	rca(1	rca(1	NOUN
dem-4203	71	59	)	)	PUNCT
dem-4203	71	60	1	1	NUM
dem-4203	71	61	2	2	NUM
dem-4203	71	62	3	3	NUM
dem-4203	71	63	2	2	NUM
dem-4203	71	64	rca(1)-ma(1	rca(1)-ma(1	NOUN
dem-4203	71	65	)	)	PUNCT
dem-4203	71	66	15	15	NUM
dem-4203	71	67	21	21	NUM
dem-4203	71	68	19	19	NUM
dem-4203	71	69	22	22	NUM
dem-4203	71	70	sign	sign	NOUN
dem-4203	71	71	rca(1)-ma(1	rca(1)-ma(1	PROPN
dem-4203	71	72	)	)	PUNCT
dem-4203	71	73	5	5	NUM
dem-4203	71	74	3	3	NUM
dem-4203	71	75	7	7	NUM
dem-4203	71	76	4	4	NUM
dem-4203	71	77	rca(1)-garch(1,1	rca(1)-garch(1,1	NOUN
dem-4203	71	78	)	)	PUNCT
dem-4203	71	79	25	25	NUM
dem-4203	71	80	2	2	NUM
dem-4203	71	81	25	25	NUM
dem-4203	71	82	2	2	NUM
dem-4203	71	83	sign	sign	NOUN
dem-4203	71	84	rca(1)-garch(1,1	rca(1)-garch(1,1	NOUN
dem-4203	71	85	)	)	PUNCT
dem-4203	71	86	1	1	NUM
dem-4203	71	87	1	1	NUM
dem-4203	71	88	it	it	PRON
dem-4203	71	89	is	be	AUX
dem-4203	71	90	seen	see	VERB
dem-4203	71	91	that	that	SCONJ
dem-4203	71	92	the	the	DET
dem-4203	71	93	models	model	NOUN
dem-4203	71	94	like	like	ADP
dem-4203	71	95	ar(1	ar(1	NOUN
dem-4203	71	96	)	)	PUNCT
dem-4203	71	97	,	,	PUNCT
dem-4203	71	98	rca(1	rca(1	NOUN
dem-4203	71	99	)	)	PUNCT
dem-4203	71	100	,	,	PUNCT
dem-4203	71	101	rca(1)-ma(1	rca(1)-ma(1	NUM
dem-4203	71	102	)	)	PUNCT
dem-4203	71	103	and	and	CCONJ
dem-4203	71	104	rca(1)garch(1,1	rca(1)garch(1,1	PROPN
dem-4203	71	105	)	)	PUNCT
dem-4203	71	106	were	be	AUX
dem-4203	71	107	found	find	VERB
dem-4203	71	108	in	in	ADP
dem-4203	71	109	about	about	ADV
dem-4203	71	110	50	50	NUM
dem-4203	71	111	percentage	percentage	NOUN
dem-4203	71	112	of	of	ADP
dem-4203	71	113	cases	case	NOUN
dem-4203	71	114	.	.	PUNCT
dem-4203	72	1	for	for	ADP
dem-4203	72	2	smaller	small	ADJ
dem-4203	72	3	samples	sample	NOUN
dem-4203	72	4	,	,	PUNCT
dem-4203	72	5	similar	similar	ADJ
dem-4203	72	6	results	result	NOUN
dem-4203	72	7	are	be	AUX
dem-4203	72	8	obtained	obtain	VERB
dem-4203	72	9	(	(	PUNCT
dem-4203	72	10	see	see	VERB
dem-4203	72	11	the	the	DET
dem-4203	72	12	table	table	NOUN
dem-4203	72	13	3	3	NUM
dem-4203	72	14	)	)	PUNCT
dem-4203	72	15	.	.	PUNCT
dem-4203	73	1	models	model	NOUN
dem-4203	73	2	with	with	ADP
dem-4203	73	3	sign	sign	NOUN
dem-4203	73	4	function	function	NOUN
dem-4203	73	5	occur	occur	VERB
dem-4203	73	6	very	very	ADV
dem-4203	73	7	seldom	seldom	ADV
dem-4203	73	8	in	in	ADP
dem-4203	73	9	empirical	empirical	ADJ
dem-4203	73	10	time	time	NOUN
dem-4203	73	11	series	series	NOUN
dem-4203	73	12	(	(	PUNCT
dem-4203	73	13	see	see	VERB
dem-4203	73	14	also	also	ADV
dem-4203	73	15	the	the	DET
dem-4203	73	16	table	table	NOUN
dem-4203	73	17	3	3	NUM
dem-4203	73	18	)	)	PUNCT
dem-4203	73	19	both	both	PRON
dem-4203	73	20	at	at	ADP
dem-4203	73	21	the	the	DET
dem-4203	73	22	5	5	NUM
dem-4203	73	23	%	%	NOUN
dem-4203	73	24	and	and	CCONJ
dem-4203	73	25	10	10	NUM
dem-4203	73	26	%	%	NOUN
dem-4203	73	27	significance	significance	NOUN
dem-4203	73	28	level	level	NOUN
dem-4203	73	29	,	,	PUNCT
dem-4203	73	30	and	and	CCONJ
dem-4203	73	31	also	also	ADV
dem-4203	73	32	for	for	ADP
dem-4203	73	33	different	different	ADJ
dem-4203	73	34	size	size	NOUN
dem-4203	73	35	of	of	ADP
dem-4203	73	36	sample	sample	NOUN
dem-4203	73	37	and	and	CCONJ
dem-4203	73	38	different	different	ADJ
dem-4203	73	39	level	level	NOUN
dem-4203	73	40	of	of	ADP
dem-4203	73	41	data	data	NOUN
dem-4203	73	42	aggregation	aggregation	NOUN
dem-4203	73	43	(	(	PUNCT
dem-4203	73	44	both	both	CCONJ
dem-4203	73	45	daily	daily	ADJ
dem-4203	73	46	and	and	CCONJ
dem-4203	73	47	weekly	weekly	ADJ
dem-4203	73	48	data	datum	NOUN
dem-4203	73	49	)	)	PUNCT
dem-4203	73	50	.	.	PUNCT
dem-4203	74	1	table	table	NOUN
dem-4203	74	2	3	3	NUM
dem-4203	74	3	.	.	PUNCT
dem-4203	75	1	the	the	DET
dem-4203	75	2	number	number	NOUN
dem-4203	75	3	of	of	ADP
dem-4203	75	4	models	model	NOUN
dem-4203	75	5	with	with	ADP
dem-4203	75	6	significant	significant	ADJ
dem-4203	75	7	parameters	parameter	NOUN
dem-4203	75	8	from	from	ADP
dem-4203	75	9	the	the	DET
dem-4203	75	10	family	family	NOUN
dem-4203	75	11	of	of	ADP
dem-4203	75	12	sign	sign	NOUN
dem-4203	75	13	rca	rca	NOUN
dem-4203	75	14	models	model	NOUN
dem-4203	75	15	for	for	ADP
dem-4203	75	16	percentage	percentage	NOUN
dem-4203	75	17	log	log	NOUN
dem-4203	75	18	returns	return	NOUN
dem-4203	75	19	(	(	PUNCT
dem-4203	75	20	1500	1500	NUM
dem-4203	75	21	daily	daily	ADJ
dem-4203	75	22	data	datum	NOUN
dem-4203	75	23	and	and	CCONJ
dem-4203	75	24	300	300	NUM
dem-4203	75	25	weekly	weekly	ADJ
dem-4203	75	26	data	datum	NOUN
dem-4203	75	27	)	)	PUNCT
dem-4203	75	28	model	model	NOUN
dem-4203	75	29	α	α	NOUN
dem-4203	75	30	=	=	SYM
dem-4203	75	31	5	5	NUM
dem-4203	75	32	%	%	NOUN
dem-4203	75	33	α	α	NOUN
dem-4203	75	34	=	=	SYM
dem-4203	75	35	10	10	NUM
dem-4203	75	36	%	%	NOUN
dem-4203	75	37	daily	daily	ADJ
dem-4203	75	38	data	datum	NOUN
dem-4203	75	39	weekly	weekly	ADJ
dem-4203	75	40	data	datum	NOUN
dem-4203	75	41	daily	daily	ADJ
dem-4203	75	42	data	datum	NOUN
dem-4203	75	43	weekly	weekly	ADJ
dem-4203	75	44	data	data	PROPN
dem-4203	75	45	ar(1	ar(1	PROPN
dem-4203	75	46	)	)	PUNCT
dem-4203	75	47	23	23	NUM
dem-4203	75	48	12	12	NUM
dem-4203	75	49	25	25	NUM
dem-4203	75	50	13	13	NUM
dem-4203	75	51	rca(1	rca(1	NOUN
dem-4203	75	52	)	)	PUNCT
dem-4203	75	53	22	22	NUM
dem-4203	75	54	10	10	NUM
dem-4203	75	55	24	24	NUM
dem-4203	75	56	11	11	NUM
dem-4203	75	57	sign	sign	NOUN
dem-4203	75	58	rca(1	rca(1	NOUN
dem-4203	75	59	)	)	PUNCT
dem-4203	75	60	2	2	NUM
dem-4203	75	61	1	1	NUM
dem-4203	75	62	3	3	NUM
dem-4203	75	63	3	3	NUM
dem-4203	75	64	rca(1)-ma(1	rca(1)-ma(1	NOUN
dem-4203	75	65	)	)	PUNCT
dem-4203	75	66	20	20	NUM
dem-4203	75	67	24	24	NUM
dem-4203	75	68	22	22	NUM
dem-4203	75	69	25	25	NUM
dem-4203	75	70	sign	sign	NOUN
dem-4203	75	71	rca(1)-ma(1	rca(1)-ma(1	NOUN
dem-4203	75	72	)	)	PUNCT
dem-4203	75	73	2	2	NUM
dem-4203	75	74	7	7	NUM
dem-4203	75	75	3	3	NUM
dem-4203	75	76	10	10	NUM
dem-4203	75	77	rca(1)-garch(1,1	rca(1)-garch(1,1	NOUN
dem-4203	75	78	)	)	PUNCT
dem-4203	75	79	18	18	NUM
dem-4203	75	80	20	20	NUM
dem-4203	75	81	sign	sign	NOUN
dem-4203	75	82	rca(1)-garch(1,1	rca(1)-garch(1,1	NOUN
dem-4203	75	83	)	)	PUNCT
dem-4203	75	84	1	1	NUM
dem-4203	75	85	2	2	NUM
dem-4203	75	86	1	1	NUM
dem-4203	75	87	for	for	ADP
dem-4203	75	88	example	example	NOUN
dem-4203	75	89	,	,	PUNCT
dem-4203	75	90	the	the	DET
dem-4203	75	91	rca	rca	PROPN
dem-4203	75	92	models	model	NOUN
dem-4203	75	93	for	for	ADP
dem-4203	75	94	the	the	DET
dem-4203	75	95	selected	select	VERB
dem-4203	75	96	indexes	index	NOUN
dem-4203	75	97	are	be	AUX
dem-4203	75	98	presented	present	VERB
dem-4203	75	99	in	in	ADP
dem-4203	75	100	the	the	DET
dem-4203	75	101	table	table	NOUN
dem-4203	75	102	4	4	NUM
dem-4203	75	103	.	.	PUNCT
dem-4203	76	1	joanna	joanna	PROPN
dem-4203	76	2	górka	górka	PROPN
dem-4203	76	3	44	44	NUM
dem-4203	76	4	on	on	ADP
dem-4203	76	5	the	the	DET
dem-4203	76	6	basis	basis	NOUN
dem-4203	76	7	of	of	ADP
dem-4203	76	8	models	model	NOUN
dem-4203	76	9	from	from	ADP
dem-4203	76	10	the	the	DET
dem-4203	76	11	family	family	NOUN
dem-4203	76	12	of	of	ADP
dem-4203	76	13	sign	sign	NOUN
dem-4203	76	14	rca	rca	NOUN
dem-4203	76	15	models	model	NOUN
dem-4203	76	16	and	and	CCONJ
dem-4203	76	17	argarch	argarch	NOUN
dem-4203	76	18	model	model	NOUN
dem-4203	76	19	fitted	fit	VERB
dem-4203	76	20	to	to	ADP
dem-4203	76	21	the	the	DET
dem-4203	76	22	different	different	ADJ
dem-4203	76	23	window	window	NOUN
dem-4203	76	24	size	size	NOUN
dem-4203	76	25	,	,	PUNCT
dem-4203	76	26	i.e	i.e	PRON
dem-4203	76	27	,	,	PUNCT
dem-4203	76	28	n	n	PROPN
dem-4203	76	29	=	=	NOUN
dem-4203	76	30	250	250	NUM
dem-4203	76	31	,	,	PUNCT
dem-4203	76	32	500	500	NUM
dem-4203	76	33	and	and	CCONJ
dem-4203	76	34	1500	1500	NUM
dem-4203	76	35	the	the	DET
dem-4203	76	36	one	one	NUM
dem-4203	76	37	-	-	PUNCT
dem-4203	76	38	step	step	NOUN
dem-4203	76	39	ahead	ahead	ADV
dem-4203	76	40	forecasts	forecast	NOUN
dem-4203	76	41	of	of	ADP
dem-4203	76	42	var	var	NOUN
dem-4203	76	43	and	and	CCONJ
dem-4203	76	44	es	es	NOUN
dem-4203	76	45	were	be	AUX
dem-4203	76	46	made	make	VERB
dem-4203	76	47	forecasting	forecast	VERB
dem-4203	76	48	one	one	NUM
dem-4203	76	49	-	-	PUNCT
dem-4203	76	50	stepahead	stepahead	NOUN
dem-4203	76	51	from	from	ADP
dem-4203	76	52	the	the	DET
dem-4203	76	53	end	end	NOUN
dem-4203	76	54	of	of	ADP
dem-4203	76	55	window	window	NOUN
dem-4203	76	56	till	till	SCONJ
dem-4203	76	57	the	the	DET
dem-4203	76	58	next	next	ADJ
dem-4203	76	59	500	500	NUM
dem-4203	76	60	observations	observation	NOUN
dem-4203	76	61	which	which	PRON
dem-4203	76	62	were	be	AUX
dem-4203	76	63	hold	hold	VERB
dem-4203	76	64	out	out	ADP
dem-4203	76	65	.	.	PUNCT
dem-4203	77	1	it	it	PRON
dem-4203	77	2	should	should	AUX
dem-4203	77	3	be	be	AUX
dem-4203	77	4	pointed	point	VERB
dem-4203	77	5	out	out	ADP
dem-4203	77	6	that	that	SCONJ
dem-4203	77	7	the	the	DET
dem-4203	77	8	last	last	ADJ
dem-4203	77	9	observation	observation	NOUN
dem-4203	77	10	of	of	ADP
dem-4203	77	11	each	each	DET
dem-4203	77	12	sample	sample	NOUN
dem-4203	77	13	(	(	PUNCT
dem-4203	77	14	n	n	NOUN
dem-4203	77	15	=	=	NOUN
dem-4203	77	16	250	250	NUM
dem-4203	77	17	,	,	PUNCT
dem-4203	77	18	500	500	NUM
dem-4203	77	19	and	and	CCONJ
dem-4203	77	20	1500	1500	NUM
dem-4203	77	21	)	)	PUNCT
dem-4203	77	22	is	be	AUX
dem-4203	77	23	placed	place	VERB
dem-4203	77	24	at	at	ADP
dem-4203	77	25	the	the	DET
dem-4203	77	26	same	same	ADJ
dem-4203	77	27	point	point	NOUN
dem-4203	77	28	at	at	ADP
dem-4203	77	29	time	time	NOUN
dem-4203	77	30	,	,	PUNCT
dem-4203	77	31	hence	hence	ADV
dem-4203	77	32	these	these	DET
dem-4203	77	33	samples	sample	NOUN
dem-4203	77	34	can	can	AUX
dem-4203	77	35	be	be	AUX
dem-4203	77	36	treated	treat	VERB
dem-4203	77	37	as	as	ADP
dem-4203	77	38	overlapping	overlap	VERB
dem-4203	77	39	.	.	PUNCT
dem-4203	78	1	each	each	DET
dem-4203	78	2	one	one	NUM
dem-4203	78	3	-	-	PUNCT
dem-4203	78	4	step	step	NOUN
dem-4203	78	5	ahead	ahead	NOUN
dem-4203	78	6	forecast	forecast	PROPN
dem-4203	78	7	was	be	AUX
dem-4203	78	8	generated	generate	VERB
dem-4203	78	9	from	from	ADP
dem-4203	78	10	estimates	estimate	NOUN
dem-4203	78	11	of	of	ADP
dem-4203	78	12	the	the	DET
dem-4203	78	13	given	give	VERB
dem-4203	78	14	model2	model2	NOUN
dem-4203	78	15	using	use	VERB
dem-4203	78	16	a	a	DET
dem-4203	78	17	sequence	sequence	NOUN
dem-4203	78	18	of	of	ADP
dem-4203	78	19	rolling	rolling	ADJ
dem-4203	78	20	windows	window	NOUN
dem-4203	78	21	(	(	PUNCT
dem-4203	78	22	with	with	ADP
dem-4203	78	23	window	window	NOUN
dem-4203	78	24	size	size	NOUN
dem-4203	78	25	of	of	ADP
dem-4203	78	26	250	250	NUM
dem-4203	78	27	,	,	PUNCT
dem-4203	78	28	500	500	NUM
dem-4203	78	29	and	and	CCONJ
dem-4203	78	30	1000	1000	NUM
dem-4203	78	31	observations	observation	NOUN
dem-4203	78	32	)	)	PUNCT
dem-4203	78	33	which	which	PRON
dem-4203	78	34	were	be	AUX
dem-4203	78	35	moved	move	VERB
dem-4203	78	36	500	500	NUM
dem-4203	78	37	times	time	NOUN
dem-4203	78	38	by	by	ADP
dem-4203	78	39	one	one	NUM
dem-4203	78	40	observation	observation	NOUN
dem-4203	78	41	on	on	ADP
dem-4203	78	42	time	time	NOUN
dem-4203	78	43	axis	axis	NOUN
dem-4203	78	44	.	.	PUNCT
dem-4203	79	1	table	table	NOUN
dem-4203	79	2	4	4	NUM
dem-4203	79	3	.	.	PUNCT
dem-4203	80	1	the	the	DET
dem-4203	80	2	rca	rca	PROPN
dem-4203	80	3	model	model	NOUN
dem-4203	80	4	for	for	ADP
dem-4203	80	5	the	the	DET
dem-4203	80	6	selected	select	VERB
dem-4203	80	7	indexes	index	NOUN
dem-4203	80	8	wig	wig	NOUN
dem-4203	80	9	-	-	PUNCT
dem-4203	80	10	budow	budow	NOUN
dem-4203	80	11	wig	wig	NOUN
dem-4203	80	12	-	-	PUNCT
dem-4203	80	13	spozyw	spozyw	PROPN
dem-4203	80	14	daily	daily	ADJ
dem-4203	80	15	data	datum	NOUN
dem-4203	80	16	weekly	weekly	ADJ
dem-4203	80	17	data	datum	NOUN
dem-4203	80	18	daily	daily	ADJ
dem-4203	80	19	data	data	PROPN
dem-4203	80	20	weekly	weekly	ADJ
dem-4203	80	21	data	datum	NOUN
dem-4203	80	22	φ	φ	VERB
dem-4203	80	23	0.131	0.131	NUM
dem-4203	80	24	0.133	0.133	NUM
dem-4203	80	25	0.119	0.119	NUM
dem-4203	80	26	0.186	0.186	NUM
dem-4203	80	27	(	(	PUNCT
dem-4203	80	28	)	)	PUNCT
dem-4203	80	29	φs	φs	ADP
dem-4203	80	30	0.024	0.024	NUM
dem-4203	80	31	0.053	0.053	NUM
dem-4203	80	32	0.026	0.026	NUM
dem-4203	80	33	0.059	0.059	NUM
dem-4203	80	34	2	2	NUM
dem-4203	80	35	εσ	εσ	NOUN
dem-4203	80	36	1.799	1.799	NUM
dem-4203	80	37	12.441	12.441	NUM
dem-4203	80	38	1.300	1.300	NUM
dem-4203	80	39	6.835	6.835	NUM
dem-4203	80	40	2	2	NUM
dem-4203	80	41	δσ	δσ	NOUN
dem-4203	80	42	0.199	0.199	NUM
dem-4203	80	43	0.135	0.135	NUM
dem-4203	80	44	0.291	0.291	NUM
dem-4203	80	45	0.357	0.357	NUM
dem-4203	80	46	ln	ln	ADJ
dem-4203	80	47	l	l	NOUN
dem-4203	80	48	-4480.33	-4480.33	NOUN
dem-4203	80	49	-1348.43	-1348.43	NUM
dem-4203	80	50	-4146.82	-4146.82	PROPN
dem-4203	80	51	-1244.88	-1244.88	NUM
dem-4203	80	52	q(3	q(3	PROPN
dem-4203	80	53	)	)	PUNCT
dem-4203	80	54	4.810	4.810	NUM
dem-4203	80	55	5.784	5.784	NUM
dem-4203	80	56	19.371	19.371	NUM
dem-4203	80	57	*	*	NUM
dem-4203	80	58	2.728	2.728	NUM
dem-4203	80	59	arch(3	arch(3	ADV
dem-4203	80	60	)	)	PUNCT
dem-4203	81	1	73.649	73.649	NUM
dem-4203	81	2	*	*	PUNCT
dem-4203	81	3	11.911	11.911	NUM
dem-4203	81	4	*	*	PUNCT
dem-4203	81	5	90.960	90.960	NUM
dem-4203	81	6	*	*	SYM
dem-4203	81	7	24.364	24.364	NUM
dem-4203	81	8	*	*	X
dem-4203	81	9	aic	aic	PROPN
dem-4203	81	10	8966.66	8966.66	NUM
dem-4203	81	11	2702.86	2702.86	NUM
dem-4203	81	12	8299.64	8299.64	NUM
dem-4203	81	13	2495.76	2495.76	NUM
dem-4203	81	14	bic	bic	PROPN
dem-4203	81	15	8984.12	8984.12	NUM
dem-4203	81	16	2715.46	2715.46	NUM
dem-4203	81	17	8317.10	8317.10	NUM
dem-4203	81	18	2508.36	2508.36	NUM
dem-4203	81	19	note	note	NOUN
dem-4203	81	20	:	:	PUNCT
dem-4203	81	21	q(3	q(3	X
dem-4203	81	22	)	)	PUNCT
dem-4203	81	23	–	–	PUNCT
dem-4203	81	24	the	the	DET
dem-4203	81	25	value	value	NOUN
dem-4203	81	26	of	of	ADP
dem-4203	81	27	the	the	DET
dem-4203	81	28	ljung	ljung	PROPN
dem-4203	81	29	-	-	PUNCT
dem-4203	81	30	box	box	NOUN
dem-4203	81	31	q	q	NOUN
dem-4203	81	32	-	-	NOUN
dem-4203	81	33	statistic	statistic	NOUN
dem-4203	81	34	up	up	ADP
dem-4203	81	35	to	to	PART
dem-4203	81	36	3	3	NUM
dem-4203	81	37	lags	lag	NOUN
dem-4203	81	38	,	,	PUNCT
dem-4203	81	39	arch(3	arch(3	ADV
dem-4203	81	40	)	)	PUNCT
dem-4203	81	41	–	–	PUNCT
dem-4203	81	42	the	the	DET
dem-4203	81	43	value	value	NOUN
dem-4203	81	44	of	of	ADP
dem-4203	81	45	the	the	DET
dem-4203	81	46	engle	engle	PROPN
dem-4203	81	47	arch	arch	PROPN
dem-4203	81	48	test	test	NOUN
dem-4203	81	49	statistics	statistic	NOUN
dem-4203	81	50	up	up	ADP
dem-4203	81	51	to	to	PART
dem-4203	81	52	3	3	NUM
dem-4203	81	53	lags	lag	NOUN
dem-4203	81	54	,	,	PUNCT
dem-4203	81	55	aic	aic	PROPN
dem-4203	81	56	–	–	PUNCT
dem-4203	81	57	akaike	akaike	ADJ
dem-4203	81	58	information	information	NOUN
dem-4203	81	59	criterion	criterion	NOUN
dem-4203	81	60	,	,	PUNCT
dem-4203	81	61	bic	bic	PROPN
dem-4203	81	62	–	–	PUNCT
dem-4203	81	63	bayesian	bayesian	NOUN
dem-4203	81	64	information	information	NOUN
dem-4203	81	65	criterion	criterion	NOUN
dem-4203	81	66	.	.	PUNCT
dem-4203	82	1	the	the	DET
dem-4203	82	2	backtesting	backtesting	NOUN
dem-4203	82	3	of	of	ADP
dem-4203	82	4	forecasts	forecast	NOUN
dem-4203	82	5	of	of	ADP
dem-4203	82	6	var	var	NOUN
dem-4203	82	7	and	and	CCONJ
dem-4203	82	8	es	es	ADP
dem-4203	82	9	measures	measure	NOUN
dem-4203	82	10	were	be	AUX
dem-4203	82	11	carried	carry	VERB
dem-4203	82	12	out	out	ADP
dem-4203	82	13	(	(	PUNCT
dem-4203	82	14	the	the	DET
dem-4203	82	15	example	example	NOUN
dem-4203	82	16	results	result	NOUN
dem-4203	82	17	were	be	AUX
dem-4203	82	18	presented	present	VERB
dem-4203	82	19	in	in	ADP
dem-4203	82	20	table	table	NOUN
dem-4203	82	21	5–7	5–7	NUM
dem-4203	82	22	)	)	PUNCT
dem-4203	82	23	.	.	PUNCT
dem-4203	83	1	the	the	DET
dem-4203	83	2	empirically	empirically	ADV
dem-4203	83	3	determined	determine	VERB
dem-4203	83	4	probability	probability	NOUN
dem-4203	83	5	for	for	SCONJ
dem-4203	83	6	the	the	DET
dem-4203	83	7	proportion	proportion	NOUN
dem-4203	83	8	of	of	ADP
dem-4203	83	9	failures	failure	NOUN
dem-4203	83	10	test	test	VERB
dem-4203	83	11	for	for	ADP
dem-4203	83	12	different	different	ADJ
dem-4203	83	13	window	window	NOUN
dem-4203	83	14	size	size	NOUN
dem-4203	83	15	is	be	AUX
dem-4203	83	16	presented	present	VERB
dem-4203	83	17	in	in	ADP
dem-4203	83	18	table	table	NOUN
dem-4203	83	19	5	5	NUM
dem-4203	83	20	.	.	PUNCT
dem-4203	84	1	almost	almost	ADV
dem-4203	84	2	all	all	PRON
dem-4203	84	3	forecasts	forecast	NOUN
dem-4203	84	4	of	of	ADP
dem-4203	84	5	var	var	NOUN
dem-4203	84	6	are	be	AUX
dem-4203	84	7	underestimated	underestimate	VERB
dem-4203	84	8	.	.	PUNCT
dem-4203	85	1	only	only	ADV
dem-4203	85	2	for	for	ADP
dem-4203	85	3	rca	rca	PROPN
dem-4203	85	4	-	-	PUNCT
dem-4203	85	5	ma	ma	PROPN
dem-4203	85	6	with	with	ADP
dem-4203	85	7	fhs	fhs	PROPN
dem-4203	85	8	method	method	PROPN
dem-4203	85	9	the	the	DET
dem-4203	85	10	var	var	NOUN
dem-4203	85	11	forecasts	forecast	NOUN
dem-4203	85	12	are	be	AUX
dem-4203	85	13	overestimated	overestimate	VERB
dem-4203	85	14	.	.	PUNCT
dem-4203	86	1	it	it	PRON
dem-4203	86	2	is	be	AUX
dem-4203	86	3	seen	see	VERB
dem-4203	86	4	that	that	SCONJ
dem-4203	86	5	as	as	SCONJ
dem-4203	86	6	the	the	DET
dem-4203	86	7	window	window	NOUN
dem-4203	86	8	size	size	NOUN
dem-4203	86	9	decreases	decrease	VERB
dem-4203	86	10	the	the	DET
dem-4203	86	11	scale	scale	NOUN
dem-4203	86	12	of	of	ADP
dem-4203	86	13	underestimation	underestimation	NOUN
dem-4203	86	14	decreases	decrease	NOUN
dem-4203	86	15	,	,	PUNCT
dem-4203	86	16	too	too	ADV
dem-4203	86	17	.	.	PUNCT
dem-4203	87	1	the	the	DET
dem-4203	87	2	results	result	NOUN
dem-4203	87	3	of	of	ADP
dem-4203	87	4	traditional	traditional	ADJ
dem-4203	87	5	var	var	NOUN
dem-4203	87	6	tests	test	NOUN
dem-4203	87	7	and	and	CCONJ
dem-4203	87	8	loss	loss	NOUN
dem-4203	87	9	function	function	NOUN
dem-4203	87	10	for	for	ADP
dem-4203	87	11	the	the	DET
dem-4203	87	12	var	var	NOUN
dem-4203	87	13	forecasts	forecast	NOUN
dem-4203	87	14	were	be	AUX
dem-4203	87	15	carried	carry	VERB
dem-4203	87	16	out	out	ADP
dem-4203	87	17	from	from	ADP
dem-4203	87	18	rolling	rolling	ADJ
dem-4203	87	19	estimation	estimation	NOUN
dem-4203	87	20	of	of	ADP
dem-4203	87	21	models	model	NOUN
dem-4203	87	22	using	use	VERB
dem-4203	87	23	window	window	NOUN
dem-4203	87	24	size	size	NOUN
dem-4203	87	25	of	of	ADP
dem-4203	87	26	250	250	NUM
dem-4203	87	27	observations	observation	NOUN
dem-4203	87	28	for	for	ADP
dem-4203	87	29	one	one	NUM
dem-4203	87	30	of	of	ADP
dem-4203	87	31	selected	select	VERB
dem-4203	87	32	index	index	NOUN
dem-4203	87	33	(	(	PUNCT
dem-4203	87	34	see	see	VERB
dem-4203	87	35	table	table	NOUN
dem-4203	87	36	6	6	NUM
dem-4203	87	37	)	)	PUNCT
dem-4203	87	38	.	.	PUNCT
dem-4203	88	1	2	2	NUM
dem-4203	88	2	forecasts	forecast	NOUN
dem-4203	88	3	were	be	AUX
dem-4203	88	4	carried	carry	VERB
dem-4203	88	5	out	out	ADP
dem-4203	88	6	form	form	NOUN
dem-4203	88	7	models	model	NOUN
dem-4203	88	8	with	with	ADP
dem-4203	88	9	statistically	statistically	ADV
dem-4203	88	10	significant	significant	ADJ
dem-4203	88	11	parameters	parameter	NOUN
dem-4203	88	12	obtained	obtain	VERB
dem-4203	88	13	in	in	ADP
dem-4203	88	14	the	the	DET
dem-4203	88	15	basic	basic	ADJ
dem-4203	88	16	sample	sample	NOUN
dem-4203	88	17	.	.	PUNCT
dem-4203	89	1	application	application	NOUN
dem-4203	89	2	of	of	ADP
dem-4203	89	3	the	the	DET
dem-4203	89	4	family	family	NOUN
dem-4203	89	5	of	of	ADP
dem-4203	89	6	sign	sign	PROPN
dem-4203	89	7	rca	rca	NOUN
dem-4203	89	8	models	model	NOUN
dem-4203	89	9	…	…	PUNCT
dem-4203	89	10	45	45	NUM
dem-4203	89	11	table	table	NOUN
dem-4203	89	12	5	5	NUM
dem-4203	89	13	.	.	PUNCT
dem-4203	90	1	the	the	DET
dem-4203	90	2	empirically	empirically	ADV
dem-4203	90	3	determined	determine	VERB
dem-4203	90	4	probability	probability	NOUN
dem-4203	90	5	for	for	SCONJ
dem-4203	90	6	the	the	DET
dem-4203	90	7	proportion	proportion	NOUN
dem-4203	90	8	of	of	ADP
dem-4203	90	9	failures	failure	NOUN
dem-4203	90	10	test	test	VERB
dem-4203	90	11	for	for	ADP
dem-4203	90	12	different	different	ADJ
dem-4203	90	13	window	window	NOUN
dem-4203	90	14	size	size	NOUN
dem-4203	90	15	(	(	PUNCT
dem-4203	90	16	wig	wig	NOUN
dem-4203	90	17	-	-	PUNCT
dem-4203	90	18	spozyw	spozyw	NOUN
dem-4203	90	19	)	)	PUNCT
dem-4203	90	20	model	model	NOUN
dem-4203	90	21	empirically	empirically	ADV
dem-4203	90	22	determined	determine	VERB
dem-4203	90	23	probability	probability	NOUN
dem-4203	90	24	n	n	NOUN
dem-4203	90	25	=	=	SYM
dem-4203	90	26	1500	1500	NUM
dem-4203	90	27	n	n	NOUN
dem-4203	90	28	=	=	SYM
dem-4203	90	29	500	500	NUM
dem-4203	90	30	n	n	NOUN
dem-4203	90	31	=	=	SYM
dem-4203	90	32	250	250	NUM
dem-4203	90	33	ar	ar	NOUN
dem-4203	90	34	-	-	ADJ
dem-4203	90	35	garch	garch	NOUN
dem-4203	90	36	6.8	6.8	NUM
dem-4203	90	37	%	%	NOUN
dem-4203	90	38	6.8	6.8	NUM
dem-4203	90	39	%	%	NOUN
dem-4203	90	40	6.6	6.6	NUM
dem-4203	90	41	%	%	NOUN
dem-4203	90	42	ar	ar	NOUN
dem-4203	90	43	-	-	NOUN
dem-4203	90	44	garch	garch	NOUN
dem-4203	90	45	(	(	PUNCT
dem-4203	90	46	fhs	fhs	PROPN
dem-4203	90	47	)	)	PUNCT
dem-4203	90	48	10.8	10.8	NUM
dem-4203	90	49	%	%	NOUN
dem-4203	90	50	10.8	10.8	NUM
dem-4203	90	51	%	%	NOUN
dem-4203	90	52	8.8	8.8	NUM
dem-4203	90	53	%	%	NOUN
dem-4203	90	54	rca	rca	PROPN
dem-4203	90	55	11,0	11,0	NUM
dem-4203	90	56	%	%	NOUN
dem-4203	90	57	9,0	9,0	NUM
dem-4203	90	58	%	%	NOUN
dem-4203	90	59	6.6	6.6	NUM
dem-4203	90	60	%	%	NOUN
dem-4203	90	61	rca	rca	NOUN
dem-4203	90	62	-	-	PUNCT
dem-4203	90	63	garch	garch	NOUN
dem-4203	90	64	6.8	6.8	NUM
dem-4203	90	65	%	%	NOUN
dem-4203	90	66	6.6	6.6	NUM
dem-4203	90	67	%	%	NOUN
dem-4203	90	68	6.6	6.6	NUM
dem-4203	90	69	%	%	NOUN
dem-4203	90	70	rca	rca	NOUN
dem-4203	90	71	-	-	PUNCT
dem-4203	90	72	garch	garch	NOUN
dem-4203	90	73	(	(	PUNCT
dem-4203	90	74	fhs	fhs	PROPN
dem-4203	90	75	)	)	PUNCT
dem-4203	90	76	10.8	10.8	NUM
dem-4203	90	77	%	%	NOUN
dem-4203	90	78	10,0	10,0	NOUN
dem-4203	90	79	%	%	NOUN
dem-4203	90	80	8.8	8.8	NUM
dem-4203	90	81	%	%	NOUN
dem-4203	90	82	rca	rca	PROPN
dem-4203	90	83	(	(	PUNCT
dem-4203	90	84	fhs	fhs	PROPN
dem-4203	90	85	)	)	PUNCT
dem-4203	90	86	13.4	13.4	NUM
dem-4203	90	87	%	%	NOUN
dem-4203	90	88	10.6	10.6	NUM
dem-4203	90	89	%	%	NOUN
dem-4203	90	90	7.4	7.4	NUM
dem-4203	90	91	%	%	NOUN
dem-4203	90	92	rca	rca	PROPN
dem-4203	90	93	-	-	PUNCT
dem-4203	90	94	ma	ma	PROPN
dem-4203	90	95	11.8	11.8	NUM
dem-4203	90	96	%	%	NOUN
dem-4203	90	97	8.2	8.2	NUM
dem-4203	90	98	%	%	NOUN
dem-4203	90	99	6.4	6.4	NUM
dem-4203	90	100	%	%	NOUN
dem-4203	90	101	rca	rca	PROPN
dem-4203	90	102	-	-	PUNCT
dem-4203	90	103	ma	ma	PROPN
dem-4203	90	104	(	(	PUNCT
dem-4203	90	105	fhs	fhs	PROPN
dem-4203	90	106	)	)	PUNCT
dem-4203	90	107	3.8	3.8	NUM
dem-4203	90	108	%	%	NOUN
dem-4203	90	109	3.6	3.6	NUM
dem-4203	90	110	%	%	NOUN
dem-4203	90	111	2.2	2.2	NUM
dem-4203	90	112	%	%	NOUN
dem-4203	90	113	sign	sign	NOUN
dem-4203	90	114	rca	rca	PROPN
dem-4203	90	115	11.4	11.4	NUM
dem-4203	90	116	%	%	NOUN
dem-4203	90	117	9.2	9.2	NUM
dem-4203	90	118	%	%	NOUN
dem-4203	90	119	6.8	6.8	NUM
dem-4203	90	120	%	%	NOUN
dem-4203	90	121	sign	sign	NOUN
dem-4203	90	122	rca	rca	PROPN
dem-4203	90	123	-	-	PUNCT
dem-4203	90	124	garch	garch	NOUN
dem-4203	90	125	6.8	6.8	NUM
dem-4203	90	126	%	%	NOUN
dem-4203	90	127	6.8	6.8	NUM
dem-4203	90	128	%	%	NOUN
dem-4203	90	129	7.2	7.2	NUM
dem-4203	90	130	%	%	NOUN
dem-4203	90	131	sign	sign	NOUN
dem-4203	90	132	rca	rca	PROPN
dem-4203	90	133	-	-	PUNCT
dem-4203	90	134	garch	garch	NOUN
dem-4203	90	135	(	(	PUNCT
dem-4203	90	136	fhs	fhs	PROPN
dem-4203	90	137	)	)	PUNCT
dem-4203	90	138	10.8	10.8	NUM
dem-4203	90	139	%	%	NOUN
dem-4203	91	1	10,0	10,0	NOUN
dem-4203	91	2	%	%	NOUN
dem-4203	91	3	8.4	8.4	NUM
dem-4203	91	4	%	%	NOUN
dem-4203	91	5	sign	sign	NOUN
dem-4203	91	6	rca	rca	PROPN
dem-4203	91	7	(	(	PUNCT
dem-4203	91	8	fhs	fhs	PROPN
dem-4203	91	9	)	)	PUNCT
dem-4203	91	10	13.8	13.8	NUM
dem-4203	91	11	%	%	NOUN
dem-4203	91	12	10.6	10.6	NUM
dem-4203	91	13	%	%	NOUN
dem-4203	91	14	7.4	7.4	NUM
dem-4203	91	15	%	%	NOUN
dem-4203	91	16	sign	sign	NOUN
dem-4203	91	17	rca	rca	PROPN
dem-4203	91	18	-	-	PUNCT
dem-4203	91	19	ma	ma	PROPN
dem-4203	91	20	12,0	12,0	PROPN
dem-4203	91	21	%	%	NOUN
dem-4203	91	22	8.6	8.6	NUM
dem-4203	91	23	%	%	NOUN
dem-4203	91	24	6,0	6,0	NUM
dem-4203	91	25	%	%	NOUN
dem-4203	91	26	sign	sign	NOUN
dem-4203	91	27	rca	rca	PROPN
dem-4203	91	28	-	-	PUNCT
dem-4203	91	29	ma	ma	PROPN
dem-4203	91	30	(	(	PUNCT
dem-4203	91	31	fhs	fhs	PROPN
dem-4203	91	32	)	)	PUNCT
dem-4203	91	33	9.8	9.8	NUM
dem-4203	91	34	%	%	NOUN
dem-4203	91	35	6.8	6.8	NUM
dem-4203	91	36	%	%	NOUN
dem-4203	91	37	4.8	4.8	NUM
dem-4203	91	38	%	%	NOUN
dem-4203	91	39	note	note	NOUN
dem-4203	91	40	:	:	PUNCT
dem-4203	91	41	n	n	PRON
dem-4203	91	42	denotes	denote	VERB
dem-4203	91	43	the	the	DET
dem-4203	91	44	window	window	NOUN
dem-4203	91	45	size	size	NOUN
dem-4203	91	46	.	.	PUNCT
dem-4203	92	1	table	table	NOUN
dem-4203	92	2	6	6	NUM
dem-4203	92	3	.	.	PUNCT
dem-4203	93	1	results	result	NOUN
dem-4203	93	2	of	of	ADP
dem-4203	93	3	traditional	traditional	ADJ
dem-4203	93	4	var	var	NOUN
dem-4203	93	5	tests	test	NOUN
dem-4203	93	6	for	for	ADP
dem-4203	93	7	forecasts	forecast	NOUN
dem-4203	93	8	carried	carry	VERB
dem-4203	93	9	out	out	ADP
dem-4203	93	10	from	from	ADP
dem-4203	93	11	rolling	rolling	ADJ
dem-4203	93	12	estimation	estimation	NOUN
dem-4203	93	13	of	of	ADP
dem-4203	93	14	models	model	NOUN
dem-4203	93	15	using	use	VERB
dem-4203	93	16	window	window	NOUN
dem-4203	93	17	size	size	NOUN
dem-4203	93	18	of	of	ADP
dem-4203	93	19	250	250	NUM
dem-4203	93	20	observations	observation	NOUN
dem-4203	93	21	for	for	ADP
dem-4203	93	22	the	the	DET
dem-4203	93	23	wig	wig	NOUN
dem-4203	93	24	-	-	PUNCT
dem-4203	93	25	spozyw	spozyw	PROPN
dem-4203	93	26	index	index	NOUN
dem-4203	93	27	model	model	NOUN
dem-4203	93	28	lrpof	lrpof	NOUN
dem-4203	93	29	lrind	lrind	NOUN
dem-4203	93	30	lrtbf	lrtbf	NOUN
dem-4203	93	31	rl	rl	ADP
dem-4203	93	32	fl	fl	PROPN
dem-4203	93	33	ar	ar	PROPN
dem-4203	93	34	-	-	NOUN
dem-4203	93	35	garch	garch	NOUN
dem-4203	93	36	2.459	2.459	NUM
dem-4203	93	37	0.897	0.897	NUM
dem-4203	93	38	36.501	36.501	NUM
dem-4203	93	39	171.509	171.509	NUM
dem-4203	93	40	1386.669	1386.669	NUM
dem-4203	93	41	ar	ar	NOUN
dem-4203	93	42	-	-	ADJ
dem-4203	93	43	garch	garch	NOUN
dem-4203	93	44	(	(	PUNCT
dem-4203	93	45	fhs	fhs	PROPN
dem-4203	93	46	)	)	PUNCT
dem-4203	93	47	12.518	12.518	NUM
dem-4203	93	48	*	*	PUNCT
dem-4203	93	49	*	*	PUNCT
dem-4203	93	50	*	*	X
dem-4203	93	51	1.291	1.291	NUM
dem-4203	93	52	64.588	64.588	NUM
dem-4203	93	53	*	*	PUNCT
dem-4203	93	54	*	*	PUNCT
dem-4203	93	55	205.050	205.050	NUM
dem-4203	93	56	1259.617	1259.617	NUM
dem-4203	93	57	rca	rca	NOUN
dem-4203	93	58	2.459	2.459	NUM
dem-4203	93	59	0.897	0.897	NUM
dem-4203	93	60	49.856	49.856	NUM
dem-4203	93	61	*	*	PUNCT
dem-4203	93	62	*	*	PUNCT
dem-4203	93	63	205.547	205.547	NUM
dem-4203	93	64	1281.037	1281.037	NUM
dem-4203	93	65	rca	rca	NOUN
dem-4203	93	66	-	-	PUNCT
dem-4203	93	67	garch	garch	NOUN
dem-4203	93	68	2.459	2.459	NUM
dem-4203	93	69	0.897	0.897	NUM
dem-4203	93	70	31.090	31.090	NUM
dem-4203	93	71	190.525	190.525	NUM
dem-4203	93	72	1411.081	1411.081	PROPN
dem-4203	93	73	rca	rca	NOUN
dem-4203	93	74	-	-	PUNCT
dem-4203	93	75	garch	garch	NOUN
dem-4203	93	76	(	(	PUNCT
dem-4203	93	77	fhs	fhs	PROPN
dem-4203	93	78	)	)	PUNCT
dem-4203	93	79	12.518	12.518	NUM
dem-4203	93	80	*	*	PUNCT
dem-4203	93	81	*	*	PUNCT
dem-4203	93	82	*	*	PUNCT
dem-4203	93	83	1.291	1.291	NUM
dem-4203	93	84	57.746	57.746	NUM
dem-4203	93	85	*	*	NUM
dem-4203	93	86	219.107	219.107	NUM
dem-4203	93	87	1289.683	1289.683	NUM
dem-4203	93	88	rca	rca	NOUN
dem-4203	93	89	(	(	PUNCT
dem-4203	93	90	fhs	fhs	PROPN
dem-4203	93	91	)	)	PUNCT
dem-4203	93	92	5.317	5.317	NUM
dem-4203	93	93	*	*	SYM
dem-4203	93	94	*	*	PUNCT
dem-4203	93	95	0.256	0.256	NUM
dem-4203	93	96	58.441	58.441	NUM
dem-4203	93	97	*	*	PUNCT
dem-4203	93	98	*	*	PUNCT
dem-4203	93	99	215.699	215.699	NUM
dem-4203	93	100	1267.312	1267.312	PROPN
dem-4203	93	101	rca	rca	PROPN
dem-4203	93	102	-	-	PUNCT
dem-4203	93	103	ma	ma	PROPN
dem-4203	93	104	1.903	1.903	NUM
dem-4203	93	105	4.389	4.389	NUM
dem-4203	93	106	*	*	PUNCT
dem-4203	93	107	*	*	PUNCT
dem-4203	94	1	43.849	43.849	NUM
dem-4203	94	2	*	*	PUNCT
dem-4203	94	3	191.254	191.254	NUM
dem-4203	94	4	1287.360	1287.360	NUM
dem-4203	94	5	rca	rca	PROPN
dem-4203	94	6	-	-	PUNCT
dem-4203	94	7	ma	ma	PROPN
dem-4203	94	8	(	(	PUNCT
dem-4203	94	9	fhs	fhs	PROPN
dem-4203	94	10	)	)	PUNCT
dem-4203	94	11	10.347	10.347	NUM
dem-4203	94	12	*	*	PUNCT
dem-4203	94	13	*	*	PUNCT
dem-4203	94	14	*	*	PUNCT
dem-4203	94	15	0.496	0.496	NUM
dem-4203	94	16	25.287	25.287	NUM
dem-4203	94	17	*	*	PUNCT
dem-4203	94	18	*	*	PUNCT
dem-4203	94	19	*	*	X
dem-4203	94	20	102.243	102.243	NUM
dem-4203	94	21	1927.830	1927.830	NUM
dem-4203	94	22	sign	sign	NOUN
dem-4203	94	23	rca	rca	PROPN
dem-4203	94	24	3.081	3.081	NUM
dem-4203	94	25	1.065	1.065	NUM
dem-4203	94	26	51.368	51.368	NUM
dem-4203	94	27	*	*	PUNCT
dem-4203	94	28	*	*	PUNCT
dem-4203	94	29	*	*	X
dem-4203	94	30	207.307	207.307	NUM
dem-4203	94	31	1279.988	1279.988	NUM
dem-4203	94	32	sign	sign	NOUN
dem-4203	94	33	rca	rca	NOUN
dem-4203	94	34	-	-	PUNCT
dem-4203	94	35	garch	garch	NOUN
dem-4203	94	36	4.511	4.511	NUM
dem-4203	94	37	*	*	PUNCT
dem-4203	94	38	*	*	PUNCT
dem-4203	94	39	0.171	0.171	NUM
dem-4203	94	40	39.764	39.764	NUM
dem-4203	94	41	200.195	200.195	NUM
dem-4203	94	42	1389.469	1389.469	NUM
dem-4203	94	43	sign	sign	NOUN
dem-4203	94	44	rca	rca	PROPN
dem-4203	94	45	-	-	PUNCT
dem-4203	94	46	garch	garch	NOUN
dem-4203	94	47	(	(	PUNCT
dem-4203	94	48	fhs	fhs	PROPN
dem-4203	94	49	)	)	PUNCT
dem-4203	94	50	10.194	10.194	NUM
dem-4203	94	51	*	*	PUNCT
dem-4203	94	52	*	*	PUNCT
dem-4203	94	53	*	*	PUNCT
dem-4203	95	1	0.101	0.101	NUM
dem-4203	95	2	53.739	53.739	NUM
dem-4203	95	3	224.806	224.806	NUM
dem-4203	95	4	1289.986	1289.986	NUM
dem-4203	95	5	sign	sign	NOUN
dem-4203	95	6	rca	rca	PROPN
dem-4203	95	7	(	(	PUNCT
dem-4203	95	8	fhs	fhs	PROPN
dem-4203	95	9	)	)	PUNCT
dem-4203	95	10	5.317	5.317	NUM
dem-4203	95	11	*	*	SYM
dem-4203	95	12	*	*	PUNCT
dem-4203	96	1	0.256	0.256	NUM
dem-4203	96	2	58.441	58.441	NUM
dem-4203	96	3	217.562	217.562	NUM
dem-4203	96	4	1272.351	1272.351	NUM
dem-4203	96	5	sign	sign	PROPN
dem-4203	96	6	rca	rca	PROPN
dem-4203	96	7	-	-	PUNCT
dem-4203	96	8	ma	ma	PROPN
dem-4203	96	9	0.992	0.992	NUM
dem-4203	96	10	3.840	3.840	NUM
dem-4203	96	11	*	*	SYM
dem-4203	96	12	37.125	37.125	NUM
dem-4203	96	13	193.384	193.384	NUM
dem-4203	96	14	1289.115	1289.115	PROPN
dem-4203	96	15	sign	sign	NOUN
dem-4203	96	16	rca	rca	PROPN
dem-4203	96	17	-	-	PUNCT
dem-4203	96	18	ma	ma	PROPN
dem-4203	96	19	(	(	PUNCT
dem-4203	96	20	fhs	fhs	PROPN
dem-4203	96	21	)	)	PUNCT
dem-4203	96	22	0.043	0.043	NUM
dem-4203	96	23	2.426	2.426	NUM
dem-4203	96	24	27.264	27.264	NUM
dem-4203	96	25	157.853	157.853	NUM
dem-4203	96	26	1412.718	1412.718	NUM
dem-4203	96	27	sym	sym	PROPN
dem-4203	96	28	.	.	PUNCT
dem-4203	96	29	hist	hist	PROPN
dem-4203	97	1	9.1102	9.1102	NUM
dem-4203	98	1	*	*	PUNCT
dem-4203	98	2	*	*	PUNCT
dem-4203	98	3	*	*	PUNCT
dem-4203	98	4	0.134	0.134	NUM
dem-4203	98	5	56.766	56.766	NUM
dem-4203	98	6	235.584	235.584	NUM
dem-4203	98	7	1232.198	1232.198	NUM
dem-4203	98	8	note	note	NOUN
dem-4203	98	9	:	:	PUNCT
dem-4203	98	10	*	*	PUNCT
dem-4203	98	11	,	,	PUNCT
dem-4203	98	12	*	*	PUNCT
dem-4203	98	13	*	*	PUNCT
dem-4203	98	14	,	,	PUNCT
dem-4203	98	15	*	*	PUNCT
dem-4203	98	16	*	*	PUNCT
dem-4203	98	17	*	*	PUNCT
dem-4203	98	18	indicate	indicate	VERB
dem-4203	98	19	rejection	rejection	NOUN
dem-4203	98	20	of	of	ADP
dem-4203	98	21	h0	h0	NOUN
dem-4203	98	22	at	at	ADP
dem-4203	98	23	the	the	DET
dem-4203	98	24	10	10	NUM
dem-4203	98	25	%	%	NOUN
dem-4203	98	26	,	,	PUNCT
dem-4203	98	27	5	5	NUM
dem-4203	98	28	%	%	NOUN
dem-4203	98	29	and	and	CCONJ
dem-4203	98	30	1	1	NUM
dem-4203	98	31	%	%	NOUN
dem-4203	98	32	significant	significant	ADJ
dem-4203	98	33	level	level	NOUN
dem-4203	98	34	,	,	PUNCT
dem-4203	98	35	respectively	respectively	ADV
dem-4203	98	36	,	,	PUNCT
dem-4203	98	37	lrpof	lrpof	VERB
dem-4203	98	38	–	–	PUNCT
dem-4203	98	39	the	the	DET
dem-4203	98	40	values	value	NOUN
dem-4203	98	41	of	of	ADP
dem-4203	98	42	the	the	DET
dem-4203	98	43	proportion	proportion	NOUN
dem-4203	98	44	of	of	ADP
dem-4203	98	45	failures	failure	NOUN
dem-4203	98	46	test	test	NOUN
dem-4203	98	47	statistics	statistic	NOUN
dem-4203	98	48	,	,	PUNCT
dem-4203	98	49	lrind	lrind	NOUN
dem-4203	98	50	–	–	PUNCT
dem-4203	98	51	the	the	DET
dem-4203	98	52	values	value	NOUN
dem-4203	98	53	of	of	ADP
dem-4203	98	54	the	the	DET
dem-4203	98	55	independence	independence	NOUN
dem-4203	98	56	test	test	NOUN
dem-4203	98	57	statistics	statistic	NOUN
dem-4203	98	58	,	,	PUNCT
dem-4203	98	59	lrtbf	lrtbf	NOUN
dem-4203	98	60	–	–	PUNCT
dem-4203	98	61	the	the	DET
dem-4203	98	62	values	value	NOUN
dem-4203	98	63	of	of	ADP
dem-4203	98	64	the	the	DET
dem-4203	98	65	time	time	NOUN
dem-4203	98	66	between	between	ADP
dem-4203	98	67	failures	failure	NOUN
dem-4203	98	68	test	test	NOUN
dem-4203	98	69	statistics	statistic	NOUN
dem-4203	98	70	,	,	PUNCT
dem-4203	98	71	rl	rl	X
dem-4203	98	72	–	–	PUNCT
dem-4203	98	73	regulatory	regulatory	ADJ
dem-4203	98	74	loss	loss	NOUN
dem-4203	98	75	function	function	NOUN
dem-4203	98	76	,	,	PUNCT
dem-4203	98	77	fl	fl	INTJ
dem-4203	98	78	–	–	PUNCT
dem-4203	98	79	firm	firm	NOUN
dem-4203	98	80	’s	’s	PART
dem-4203	98	81	loss	loss	NOUN
dem-4203	98	82	function	function	NOUN
dem-4203	98	83	.	.	PUNCT
dem-4203	99	1	joanna	joanna	PROPN
dem-4203	99	2	górka	górka	PROPN
dem-4203	99	3	46	46	NUM
dem-4203	99	4	for	for	ADP
dem-4203	99	5	ar	ar	NOUN
dem-4203	99	6	-	-	NOUN
dem-4203	99	7	garch	garch	NOUN
dem-4203	99	8	,	,	PUNCT
dem-4203	99	9	rca	rca	NOUN
dem-4203	99	10	-	-	PUNCT
dem-4203	99	11	garch	garch	NOUN
dem-4203	99	12	and	and	CCONJ
dem-4203	99	13	sign	sign	VERB
dem-4203	99	14	rca	rca	PROPN
dem-4203	99	15	-	-	PUNCT
dem-4203	99	16	ma	ma	PROPN
dem-4203	99	17	(	(	PUNCT
dem-4203	99	18	with	with	ADP
dem-4203	99	19	fhs	fhs	NOUN
dem-4203	99	20	method	method	NOUN
dem-4203	99	21	)	)	PUNCT
dem-4203	99	22	models	model	NOUN
dem-4203	99	23	the	the	DET
dem-4203	99	24	null	null	ADJ
dem-4203	99	25	hypothesis	hypothesis	NOUN
dem-4203	99	26	for	for	ADP
dem-4203	99	27	the	the	DET
dem-4203	99	28	traditional	traditional	ADJ
dem-4203	99	29	var	var	NOUN
dem-4203	99	30	tests	test	NOUN
dem-4203	99	31	is	be	AUX
dem-4203	99	32	not	not	PART
dem-4203	99	33	rejected	reject	VERB
dem-4203	99	34	,	,	PUNCT
dem-4203	99	35	what	what	PRON
dem-4203	99	36	means	mean	VERB
dem-4203	99	37	that	that	SCONJ
dem-4203	99	38	the	the	DET
dem-4203	99	39	proportion	proportion	NOUN
dem-4203	99	40	of	of	ADP
dem-4203	99	41	failures	failure	NOUN
dem-4203	99	42	is	be	AUX
dem-4203	99	43	equal	equal	ADJ
dem-4203	99	44	to	to	ADP
dem-4203	99	45	the	the	DET
dem-4203	99	46	given	give	VERB
dem-4203	99	47	tolerance	tolerance	NOUN
dem-4203	99	48	level	level	NOUN
dem-4203	99	49	5	5	NUM
dem-4203	99	50	%	%	NOUN
dem-4203	99	51	,	,	PUNCT
dem-4203	99	52	failures	failure	NOUN
dem-4203	99	53	are	be	AUX
dem-4203	99	54	serially	serially	ADV
dem-4203	99	55	independent	independent	ADJ
dem-4203	99	56	and	and	CCONJ
dem-4203	99	57	the	the	DET
dem-4203	99	58	time	time	NOUN
dem-4203	99	59	between	between	ADP
dem-4203	99	60	failures	failure	NOUN
dem-4203	99	61	is	be	AUX
dem-4203	99	62	independent	independent	ADJ
dem-4203	99	63	(	(	PUNCT
dem-4203	99	64	see	see	VERB
dem-4203	99	65	the	the	DET
dem-4203	99	66	table	table	NOUN
dem-4203	99	67	6	6	NUM
dem-4203	99	68	)	)	PUNCT
dem-4203	99	69	.	.	PUNCT
dem-4203	100	1	slightly	slightly	ADV
dem-4203	100	2	worse	bad	ADJ
dem-4203	100	3	results	result	NOUN
dem-4203	100	4	are	be	AUX
dem-4203	100	5	obtained	obtain	VERB
dem-4203	100	6	for	for	ADP
dem-4203	100	7	models	model	NOUN
dem-4203	100	8	:	:	PUNCT
dem-4203	100	9	rca	rca	PROPN
dem-4203	100	10	(	(	PUNCT
dem-4203	100	11	with	with	ADP
dem-4203	100	12	and	and	CCONJ
dem-4203	100	13	without	without	ADP
dem-4203	100	14	fhs	fhs	NOUN
dem-4203	100	15	method	method	NOUN
dem-4203	100	16	)	)	PUNCT
dem-4203	100	17	,	,	PUNCT
dem-4203	100	18	rca	rca	PROPN
dem-4203	100	19	-	-	PUNCT
dem-4203	100	20	ma	ma	PROPN
dem-4203	100	21	,	,	PUNCT
dem-4203	100	22	sign	sign	VERB
dem-4203	100	23	rca	rca	NOUN
dem-4203	100	24	and	and	CCONJ
dem-4203	100	25	sign	sign	VERB
dem-4203	100	26	rca	rca	PROPN
dem-4203	100	27	-	-	PUNCT
dem-4203	100	28	ma	ma	PROPN
dem-4203	100	29	.	.	PROPN
dem-4203	101	1	in	in	ADP
dem-4203	101	2	that	that	DET
dem-4203	101	3	case	case	NOUN
dem-4203	101	4	the	the	DET
dem-4203	101	5	regulatory	regulatory	ADJ
dem-4203	101	6	loss	loss	NOUN
dem-4203	101	7	function	function	NOUN
dem-4203	101	8	is	be	AUX
dem-4203	101	9	the	the	DET
dem-4203	101	10	smallest	small	ADJ
dem-4203	101	11	for	for	ADP
dem-4203	101	12	the	the	DET
dem-4203	101	13	sign	sign	NOUN
dem-4203	101	14	rcama	rcama	PROPN
dem-4203	101	15	(	(	PUNCT
dem-4203	101	16	with	with	ADP
dem-4203	101	17	fhs	fhs	NOUN
dem-4203	101	18	method	method	NOUN
dem-4203	101	19	)	)	PUNCT
dem-4203	101	20	model	model	NOUN
dem-4203	101	21	.	.	PUNCT
dem-4203	102	1	hence	hence	ADV
dem-4203	102	2	this	this	DET
dem-4203	102	3	model	model	NOUN
dem-4203	102	4	is	be	AUX
dem-4203	102	5	preferred	prefer	VERB
dem-4203	102	6	by	by	ADP
dem-4203	102	7	the	the	DET
dem-4203	102	8	regulatory	regulatory	ADJ
dem-4203	102	9	institution	institution	NOUN
dem-4203	102	10	.	.	PUNCT
dem-4203	103	1	however	however	ADV
dem-4203	103	2	,	,	PUNCT
dem-4203	103	3	the	the	DET
dem-4203	103	4	difference	difference	NOUN
dem-4203	103	5	between	between	ADP
dem-4203	103	6	this	this	DET
dem-4203	103	7	value	value	NOUN
dem-4203	103	8	of	of	ADP
dem-4203	103	9	the	the	DET
dem-4203	103	10	regulatory	regulatory	ADJ
dem-4203	103	11	loss	loss	NOUN
dem-4203	103	12	function	function	NOUN
dem-4203	103	13	and	and	CCONJ
dem-4203	103	14	their	their	PRON
dem-4203	103	15	values	value	NOUN
dem-4203	103	16	calculated	calculate	VERB
dem-4203	103	17	from	from	ADP
dem-4203	103	18	other	other	ADJ
dem-4203	103	19	models	model	NOUN
dem-4203	103	20	are	be	AUX
dem-4203	103	21	small	small	ADJ
dem-4203	103	22	,	,	PUNCT
dem-4203	103	23	so	so	SCONJ
dem-4203	103	24	these	these	DET
dem-4203	103	25	models	model	NOUN
dem-4203	103	26	are	be	AUX
dem-4203	103	27	comparable	comparable	ADJ
dem-4203	103	28	.	.	PUNCT
dem-4203	104	1	the	the	DET
dem-4203	104	2	firm	firm	NOUN
dem-4203	104	3	’s	’s	PART
dem-4203	104	4	loss	loss	NOUN
dem-4203	104	5	function	function	NOUN
dem-4203	104	6	takes	take	VERB
dem-4203	104	7	the	the	DET
dem-4203	104	8	smallest	small	ADJ
dem-4203	104	9	value	value	NOUN
dem-4203	104	10	for	for	ADP
dem-4203	104	11	argarch	argarch	NOUN
dem-4203	104	12	(	(	PUNCT
dem-4203	104	13	with	with	ADP
dem-4203	104	14	fhs	fhs	NOUN
dem-4203	104	15	method	method	NOUN
dem-4203	104	16	)	)	PUNCT
dem-4203	104	17	,	,	PUNCT
dem-4203	104	18	so	so	CCONJ
dem-4203	104	19	this	this	DET
dem-4203	104	20	model	model	NOUN
dem-4203	104	21	is	be	AUX
dem-4203	104	22	preferred	prefer	VERB
dem-4203	104	23	from	from	ADP
dem-4203	104	24	the	the	DET
dem-4203	104	25	firm	firm	ADJ
dem-4203	104	26	point	point	NOUN
dem-4203	104	27	of	of	ADP
dem-4203	104	28	view	view	NOUN
dem-4203	104	29	,	,	PUNCT
dem-4203	104	30	but	but	CCONJ
dem-4203	104	31	other	other	ADJ
dem-4203	104	32	values	value	NOUN
dem-4203	104	33	of	of	ADP
dem-4203	104	34	the	the	DET
dem-4203	104	35	firm	firm	NOUN
dem-4203	104	36	’s	’s	PART
dem-4203	104	37	loss	loss	NOUN
dem-4203	104	38	function	function	NOUN
dem-4203	104	39	are	be	AUX
dem-4203	104	40	not	not	PART
dem-4203	104	41	much	much	ADV
dem-4203	104	42	higher	high	ADJ
dem-4203	104	43	than	than	ADP
dem-4203	104	44	for	for	ADP
dem-4203	104	45	the	the	DET
dem-4203	104	46	best	good	ADJ
dem-4203	104	47	model	model	NOUN
dem-4203	104	48	(	(	PUNCT
dem-4203	104	49	ar	ar	NOUN
dem-4203	104	50	-	-	NOUN
dem-4203	104	51	garch	garch	NOUN
dem-4203	104	52	,	,	PUNCT
dem-4203	104	53	with	with	ADP
dem-4203	104	54	fhs	fhs	NOUN
dem-4203	104	55	method	method	NOUN
dem-4203	104	56	)	)	PUNCT
dem-4203	104	57	.	.	PUNCT
dem-4203	105	1	table	table	NOUN
dem-4203	105	2	7	7	NUM
dem-4203	105	3	.	.	PUNCT
dem-4203	106	1	values	value	NOUN
dem-4203	106	2	of	of	ADP
dem-4203	106	3	loss	loss	NOUN
dem-4203	106	4	function	function	NOUN
dem-4203	106	5	with	with	ADP
dem-4203	106	6	the	the	DET
dem-4203	106	7	expected	expect	VERB
dem-4203	106	8	loss	loss	NOUN
dem-4203	106	9	(	(	PUNCT
dem-4203	106	10	lfes	lfe	NOUN
dem-4203	106	11	)	)	PUNCT
dem-4203	106	12	for	for	ADP
dem-4203	106	13	different	different	ADJ
dem-4203	106	14	window	window	NOUN
dem-4203	106	15	sizes	size	NOUN
dem-4203	106	16	for	for	ADP
dem-4203	106	17	the	the	DET
dem-4203	106	18	wig	wig	NOUN
dem-4203	106	19	-	-	PUNCT
dem-4203	106	20	spozyw	spozyw	PROPN
dem-4203	106	21	index	index	NOUN
dem-4203	106	22	model	model	NOUN
dem-4203	106	23	lfes	lfe	NOUN
dem-4203	106	24	n	n	PROPN
dem-4203	106	25	=	=	SYM
dem-4203	106	26	1500	1500	NUM
dem-4203	107	1	n	n	NOUN
dem-4203	107	2	=	=	SYM
dem-4203	107	3	500	500	NUM
dem-4203	107	4	n	n	NOUN
dem-4203	107	5	=	=	SYM
dem-4203	107	6	250	250	NUM
dem-4203	107	7	ar	ar	NOUN
dem-4203	107	8	-	-	ADJ
dem-4203	107	9	garch	garch	NOUN
dem-4203	107	10	(	(	PUNCT
dem-4203	107	11	dowd	dowd	PROPN
dem-4203	107	12	)	)	PUNCT
dem-4203	107	13	0,238	0,238	NUM
dem-4203	107	14	0,238	0,238	NUM
dem-4203	107	15	0,252	0,252	NUM
dem-4203	107	16	ar	ar	NOUN
dem-4203	107	17	-	-	ADJ
dem-4203	107	18	garch	garch	NOUN
dem-4203	107	19	(	(	PUNCT
dem-4203	107	20	fhs	fhs	PROPN
dem-4203	107	21	)	)	PUNCT
dem-4203	107	22	0,451	0,451	NUM
dem-4203	107	23	0,451	0,451	NUM
dem-4203	107	24	0,385	0,385	NUM
dem-4203	107	25	ar	ar	NOUN
dem-4203	107	26	-	-	NOUN
dem-4203	107	27	garch	garch	NOUN
dem-4203	107	28	(	(	PUNCT
dem-4203	107	29	yy	yy	PROPN
dem-4203	107	30	)	)	PUNCT
dem-4203	107	31	0,235	0,235	NUM
dem-4203	107	32	0,235	0,235	NUM
dem-4203	107	33	0,266	0,266	NUM
dem-4203	107	34	rca	rca	PROPN
dem-4203	107	35	garch	garch	NOUN
dem-4203	107	36	(	(	PUNCT
dem-4203	107	37	dowd	dowd	PROPN
dem-4203	107	38	)	)	PUNCT
dem-4203	107	39	0,243	0,243	NUM
dem-4203	107	40	0,233	0,233	NUM
dem-4203	107	41	0,296	0,296	NUM
dem-4203	107	42	rca	rca	PROPN
dem-4203	107	43	garch	garch	NOUN
dem-4203	107	44	(	(	PUNCT
dem-4203	107	45	fhs	fhs	PROPN
dem-4203	107	46	)	)	PUNCT
dem-4203	107	47	0,439	0,439	NUM
dem-4203	107	48	0,403	0,403	NUM
dem-4203	107	49	0,391	0,391	NUM
dem-4203	107	50	rca	rca	ADJ
dem-4203	107	51	garch	garch	NOUN
dem-4203	107	52	(	(	PUNCT
dem-4203	107	53	yy	yy	PROPN
dem-4203	107	54	)	)	PUNCT
dem-4203	107	55	0,241	0,241	NUM
dem-4203	107	56	0,248	0,248	NUM
dem-4203	107	57	0,317	0,317	NUM
dem-4203	107	58	rca	rca	NOUN
dem-4203	107	59	(	(	PUNCT
dem-4203	107	60	dowd	dowd	PROPN
dem-4203	107	61	)	)	PUNCT
dem-4203	107	62	0,415	0,415	NUM
dem-4203	107	63	0,363	0,363	NUM
dem-4203	107	64	0,313	0,313	NUM
dem-4203	107	65	rca	rca	X
dem-4203	107	66	(	(	PUNCT
dem-4203	107	67	fhs	fhs	PROPN
dem-4203	107	68	)	)	PUNCT
dem-4203	107	69	0,567	0,567	NUM
dem-4203	107	70	0,440	0,440	NUM
dem-4203	107	71	0,389	0,389	NUM
dem-4203	107	72	rca	rca	NOUN
dem-4203	107	73	(	(	PUNCT
dem-4203	107	74	yy	yy	PROPN
dem-4203	107	75	)	)	PUNCT
dem-4203	107	76	0,408	0,408	NUM
dem-4203	107	77	0,381	0,381	NUM
dem-4203	107	78	0,332	0,332	NUM
dem-4203	107	79	rca	rca	PROPN
dem-4203	107	80	-	-	PUNCT
dem-4203	107	81	ma	ma	PROPN
dem-4203	107	82	(	(	PUNCT
dem-4203	107	83	dowd	dowd	PROPN
dem-4203	107	84	)	)	PUNCT
dem-4203	107	85	0,401	0,401	NUM
dem-4203	107	86	0,353	0,353	NUM
dem-4203	107	87	0,301	0,301	NUM
dem-4203	107	88	rca	rca	PROPN
dem-4203	107	89	-	-	PUNCT
dem-4203	107	90	ma	ma	PROPN
dem-4203	107	91	(	(	PUNCT
dem-4203	107	92	fhs	fhs	PROPN
dem-4203	107	93	)	)	PUNCT
dem-4203	107	94	0,283	0,283	NUM
dem-4203	107	95	0,232	0,232	NOUN
dem-4203	107	96	0,231	0,231	NUM
dem-4203	107	97	rca	rca	PROPN
dem-4203	107	98	-	-	PUNCT
dem-4203	107	99	ma	ma	PROPN
dem-4203	107	100	(	(	PUNCT
dem-4203	107	101	yy	yy	PROPN
dem-4203	107	102	)	)	PUNCT
dem-4203	107	103	0,399	0,399	NOUN
dem-4203	107	104	0,371	0,371	NUM
dem-4203	107	105	0,319	0,319	NUM
dem-4203	107	106	sign	sign	PROPN
dem-4203	107	107	rca	rca	PROPN
dem-4203	107	108	garch	garch	PROPN
dem-4203	107	109	(	(	PUNCT
dem-4203	107	110	dowd	dowd	PROPN
dem-4203	107	111	)	)	PUNCT
dem-4203	107	112	0,242	0,242	NUM
dem-4203	107	113	0,263	0,263	NUM
dem-4203	107	114	0,295	0,295	NUM
dem-4203	107	115	sign	sign	PROPN
dem-4203	107	116	rca	rca	PROPN
dem-4203	107	117	garch	garch	PROPN
dem-4203	107	118	(	(	PUNCT
dem-4203	107	119	fhs	fhs	PROPN
dem-4203	107	120	)	)	PUNCT
dem-4203	107	121	0,451	0,451	NUM
dem-4203	107	122	0,421	0,421	NUM
dem-4203	107	123	0,428	0,428	NUM
dem-4203	107	124	sign	sign	VERB
dem-4203	107	125	rca	rca	PROPN
dem-4203	107	126	garch	garch	NOUN
dem-4203	107	127	(	(	PUNCT
dem-4203	107	128	yy	yy	PROPN
dem-4203	107	129	)	)	PUNCT
dem-4203	107	130	0,240	0,240	NUM
dem-4203	107	131	0,277	0,277	NUM
dem-4203	107	132	0,316	0,316	NUM
dem-4203	107	133	sign	sign	NOUN
dem-4203	107	134	rca	rca	PROPN
dem-4203	107	135	(	(	PUNCT
dem-4203	107	136	dowd	dowd	PROPN
dem-4203	107	137	)	)	PUNCT
dem-4203	107	138	0,422	0,422	NUM
dem-4203	107	139	0,368	0,368	NOUN
dem-4203	107	140	0,311	0,311	NUM
dem-4203	107	141	sign	sign	NOUN
dem-4203	107	142	rca	rca	PROPN
dem-4203	107	143	(	(	PUNCT
dem-4203	107	144	fhs	fhs	PROPN
dem-4203	107	145	)	)	PUNCT
dem-4203	107	146	0,580	0,580	NUM
dem-4203	107	147	0,445	0,445	NOUN
dem-4203	107	148	0,385	0,385	NUM
dem-4203	107	149	sign	sign	NOUN
dem-4203	107	150	rca	rca	PROPN
dem-4203	107	151	(	(	PUNCT
dem-4203	107	152	yy	yy	PROPN
dem-4203	107	153	)	)	PUNCT
dem-4203	107	154	0,418	0,418	NUM
dem-4203	107	155	0,387	0,387	NUM
dem-4203	107	156	0,331	0,331	NUM
dem-4203	107	157	sign	sign	NOUN
dem-4203	107	158	rca	rca	PROPN
dem-4203	107	159	-	-	PUNCT
dem-4203	107	160	ma	ma	PROPN
dem-4203	107	161	(	(	PUNCT
dem-4203	107	162	dowd	dowd	PROPN
dem-4203	107	163	)	)	PUNCT
dem-4203	107	164	0,411	0,411	NUM
dem-4203	108	1	0,370	0,370	NUM
dem-4203	108	2	0,306	0,306	NUM
dem-4203	108	3	sign	sign	VERB
dem-4203	108	4	rca	rca	PROPN
dem-4203	108	5	-	-	PUNCT
dem-4203	108	6	ma	ma	PROPN
dem-4203	108	7	(	(	PUNCT
dem-4203	108	8	fhs	fhs	PROPN
dem-4203	108	9	)	)	PUNCT
dem-4203	108	10	0,661	0,661	NUM
dem-4203	108	11	0,486	0,486	NUM
dem-4203	108	12	0,383	0,383	NUM
dem-4203	108	13	sign	sign	PROPN
dem-4203	108	14	rca	rca	PROPN
dem-4203	108	15	-	-	PUNCT
dem-4203	108	16	ma	ma	PROPN
dem-4203	108	17	(	(	PUNCT
dem-4203	108	18	yy	yy	PROPN
dem-4203	108	19	)	)	PUNCT
dem-4203	108	20	0,411	0,411	NUM
dem-4203	108	21	0,393	0,393	NUM
dem-4203	108	22	0,322	0,322	NUM
dem-4203	108	23	note	note	NOUN
dem-4203	108	24	:	:	PUNCT
dem-4203	108	25	n	n	PRON
dem-4203	108	26	denotes	denote	VERB
dem-4203	108	27	the	the	DET
dem-4203	108	28	window	window	NOUN
dem-4203	108	29	size	size	NOUN
dem-4203	108	30	.	.	PUNCT
dem-4203	109	1	application	application	NOUN
dem-4203	109	2	of	of	ADP
dem-4203	109	3	the	the	DET
dem-4203	109	4	family	family	NOUN
dem-4203	109	5	of	of	ADP
dem-4203	109	6	sign	sign	PROPN
dem-4203	109	7	rca	rca	NOUN
dem-4203	109	8	models	model	NOUN
dem-4203	109	9	…	…	PUNCT
dem-4203	109	10	47	47	NUM
dem-4203	109	11	next	next	ADJ
dem-4203	109	12	,	,	PUNCT
dem-4203	109	13	the	the	DET
dem-4203	109	14	values	value	NOUN
dem-4203	109	15	of	of	ADP
dem-4203	109	16	loss	loss	NOUN
dem-4203	109	17	function	function	NOUN
dem-4203	109	18	with	with	ADP
dem-4203	109	19	the	the	DET
dem-4203	109	20	expected	expect	VERB
dem-4203	109	21	loss	loss	NOUN
dem-4203	109	22	(	(	PUNCT
dem-4203	109	23	lfes	lfe	NOUN
dem-4203	109	24	)	)	PUNCT
dem-4203	109	25	for	for	ADP
dem-4203	109	26	different	different	ADJ
dem-4203	109	27	window	window	NOUN
dem-4203	109	28	size	size	NOUN
dem-4203	109	29	of	of	ADP
dem-4203	109	30	rolling	rolling	ADJ
dem-4203	109	31	estimation	estimation	NOUN
dem-4203	109	32	for	for	ADP
dem-4203	109	33	example	example	NOUN
dem-4203	109	34	for	for	ADP
dem-4203	109	35	one	one	NUM
dem-4203	109	36	of	of	ADP
dem-4203	109	37	indexes	index	NOUN
dem-4203	109	38	presented	present	VERB
dem-4203	109	39	in	in	ADP
dem-4203	109	40	table	table	NOUN
dem-4203	109	41	7	7	NUM
dem-4203	109	42	.	.	PUNCT
dem-4203	109	43	for	for	ADP
dem-4203	109	44	the	the	DET
dem-4203	109	45	window	window	NOUN
dem-4203	109	46	size	size	NOUN
dem-4203	109	47	of	of	ADP
dem-4203	109	48	500	500	NUM
dem-4203	109	49	and	and	CCONJ
dem-4203	109	50	250	250	NUM
dem-4203	109	51	observations	observation	NOUN
dem-4203	109	52	the	the	DET
dem-4203	109	53	smallest	small	ADJ
dem-4203	109	54	value	value	NOUN
dem-4203	109	55	of	of	ADP
dem-4203	109	56	the	the	DET
dem-4203	109	57	loss	loss	NOUN
dem-4203	109	58	function	function	NOUN
dem-4203	109	59	with	with	ADP
dem-4203	109	60	the	the	DET
dem-4203	109	61	expected	expect	VERB
dem-4203	109	62	loss	loss	NOUN
dem-4203	109	63	is	be	AUX
dem-4203	109	64	obtained	obtain	VERB
dem-4203	109	65	for	for	ADP
dem-4203	109	66	the	the	DET
dem-4203	109	67	rca	rca	PROPN
dem-4203	109	68	-	-	PUNCT
dem-4203	109	69	ma	ma	PROPN
dem-4203	109	70	model	model	NOUN
dem-4203	109	71	(	(	PUNCT
dem-4203	109	72	with	with	ADP
dem-4203	109	73	fhs	fhs	NOUN
dem-4203	109	74	method	method	NOUN
dem-4203	109	75	)	)	PUNCT
dem-4203	109	76	,	,	PUNCT
dem-4203	109	77	but	but	CCONJ
dem-4203	109	78	for	for	ADP
dem-4203	109	79	the	the	DET
dem-4203	109	80	window	window	NOUN
dem-4203	109	81	size	size	NOUN
dem-4203	109	82	of	of	ADP
dem-4203	109	83	1500	1500	NUM
dem-4203	109	84	observations	observation	NOUN
dem-4203	109	85	the	the	DET
dem-4203	109	86	best	good	ADJ
dem-4203	109	87	result	result	NOUN
dem-4203	109	88	is	be	AUX
dem-4203	109	89	obtained	obtain	VERB
dem-4203	109	90	from	from	ADP
dem-4203	109	91	ar	ar	NOUN
dem-4203	109	92	-	-	ADJ
dem-4203	109	93	garch	garch	NOUN
dem-4203	109	94	model	model	NOUN
dem-4203	109	95	(	(	PUNCT
dem-4203	109	96	with	with	ADP
dem-4203	109	97	fhs	fhs	NOUN
dem-4203	109	98	method	method	NOUN
dem-4203	109	99	)	)	PUNCT
dem-4203	109	100	.	.	PUNCT
dem-4203	110	1	it	it	PRON
dem-4203	110	2	is	be	AUX
dem-4203	110	3	seen	see	VERB
dem-4203	110	4	that	that	SCONJ
dem-4203	110	5	for	for	ADP
dem-4203	110	6	the	the	DET
dem-4203	110	7	models	model	NOUN
dem-4203	110	8	without	without	ADP
dem-4203	110	9	garch	garch	NOUN
dem-4203	110	10	residuals	residual	VERB
dem-4203	110	11	the	the	DET
dem-4203	110	12	value	value	NOUN
dem-4203	110	13	of	of	ADP
dem-4203	110	14	the	the	DET
dem-4203	110	15	lfes	lfe	NOUN
dem-4203	110	16	decreases	decrease	VERB
dem-4203	110	17	as	as	SCONJ
dem-4203	110	18	the	the	DET
dem-4203	110	19	window	window	NOUN
dem-4203	110	20	size	size	NOUN
dem-4203	110	21	decreases	decrease	VERB
dem-4203	110	22	.	.	PUNCT
dem-4203	111	1	models	model	NOUN
dem-4203	111	2	with	with	ADP
dem-4203	111	3	garch	garch	NOUN
dem-4203	111	4	errors	error	NOUN
dem-4203	111	5	prefer	prefer	VERB
dem-4203	111	6	bigger	big	ADJ
dem-4203	111	7	windows	window	NOUN
dem-4203	111	8	.	.	PUNCT
dem-4203	112	1	the	the	DET
dem-4203	112	2	comparison	comparison	NOUN
dem-4203	112	3	of	of	ADP
dem-4203	112	4	results	result	NOUN
dem-4203	112	5	of	of	ADP
dem-4203	112	6	the	the	DET
dem-4203	112	7	lfes	lfe	NOUN
dem-4203	112	8	for	for	ADP
dem-4203	112	9	models	model	NOUN
dem-4203	112	10	with	with	ADP
dem-4203	112	11	and	and	CCONJ
dem-4203	112	12	without	without	ADP
dem-4203	112	13	the	the	DET
dem-4203	112	14	sign	sign	NOUN
dem-4203	112	15	function	function	NOUN
dem-4203	112	16	shows	show	VERB
dem-4203	112	17	that	that	SCONJ
dem-4203	112	18	introducing	introduce	VERB
dem-4203	112	19	the	the	DET
dem-4203	112	20	sign	sign	NOUN
dem-4203	112	21	function	function	NOUN
dem-4203	112	22	into	into	ADP
dem-4203	112	23	the	the	DET
dem-4203	112	24	model	model	NOUN
dem-4203	112	25	causes	cause	VERB
dem-4203	112	26	the	the	DET
dem-4203	112	27	increase	increase	NOUN
dem-4203	112	28	of	of	ADP
dem-4203	112	29	the	the	DET
dem-4203	112	30	loss	loss	NOUN
dem-4203	112	31	function	function	NOUN
dem-4203	112	32	with	with	ADP
dem-4203	112	33	the	the	DET
dem-4203	112	34	expected	expect	VERB
dem-4203	112	35	loss	loss	NOUN
dem-4203	112	36	.	.	PUNCT
dem-4203	113	1	5	5	X
dem-4203	113	2	.	.	X
dem-4203	113	3	summary	summary	NOUN
dem-4203	113	4	in	in	ADP
dem-4203	113	5	this	this	DET
dem-4203	113	6	paper	paper	NOUN
dem-4203	113	7	,	,	PUNCT
dem-4203	113	8	the	the	DET
dem-4203	113	9	family	family	NOUN
dem-4203	113	10	of	of	ADP
dem-4203	113	11	sign	sign	PROPN
dem-4203	113	12	rca	rca	NOUN
dem-4203	113	13	models	model	NOUN
dem-4203	113	14	to	to	PART
dem-4203	113	15	obtain	obtain	VERB
dem-4203	113	16	the	the	DET
dem-4203	113	17	selected	select	VERB
dem-4203	113	18	risk	risk	NOUN
dem-4203	113	19	measures	measure	NOUN
dem-4203	113	20	was	be	AUX
dem-4203	113	21	presented	present	VERB
dem-4203	113	22	.	.	PUNCT
dem-4203	114	1	empirical	empirical	ADJ
dem-4203	114	2	results	result	NOUN
dem-4203	114	3	showed	show	VERB
dem-4203	114	4	that	that	SCONJ
dem-4203	114	5	:	:	PUNCT
dem-4203	114	6	−	−	PROPN
dem-4203	114	7	models	model	NOUN
dem-4203	114	8	with	with	ADP
dem-4203	114	9	sign	sign	NOUN
dem-4203	114	10	function	function	NOUN
dem-4203	114	11	occur	occur	VERB
dem-4203	114	12	seldom	seldom	ADV
dem-4203	114	13	.	.	PUNCT
dem-4203	115	1	it	it	PRON
dem-4203	115	2	means	mean	VERB
dem-4203	115	3	that	that	SCONJ
dem-4203	115	4	percentage	percentage	NOUN
dem-4203	115	5	log	log	NOUN
dem-4203	115	6	returns	return	NOUN
dem-4203	115	7	do	do	AUX
dem-4203	115	8	not	not	PART
dem-4203	115	9	represent	represent	VERB
dem-4203	115	10	the	the	DET
dem-4203	115	11	asymmetric	asymmetric	ADJ
dem-4203	115	12	reaction	reaction	NOUN
dem-4203	115	13	to	to	ADP
dem-4203	115	14	good	good	ADJ
dem-4203	115	15	or	or	CCONJ
dem-4203	115	16	bad	bad	ADJ
dem-4203	115	17	news	news	NOUN
dem-4203	115	18	coming	come	VERB
dem-4203	115	19	from	from	ADP
dem-4203	115	20	the	the	DET
dem-4203	115	21	market	market	NOUN
dem-4203	115	22	.	.	PUNCT
dem-4203	116	1	−	−	PROPN
dem-4203	116	2	accuracy	accuracy	NOUN
dem-4203	116	3	of	of	ADP
dem-4203	116	4	the	the	DET
dem-4203	116	5	var	var	NOUN
dem-4203	116	6	measures	measure	NOUN
dem-4203	116	7	for	for	ADP
dem-4203	116	8	models	model	NOUN
dem-4203	116	9	with	with	ADP
dem-4203	116	10	sign	sign	NOUN
dem-4203	116	11	function	function	NOUN
dem-4203	116	12	and	and	CCONJ
dem-4203	116	13	without	without	ADP
dem-4203	116	14	garch	garch	NOUN
dem-4203	116	15	errors	error	NOUN
dem-4203	116	16	depends	depend	VERB
dem-4203	116	17	on	on	ADP
dem-4203	116	18	the	the	DET
dem-4203	116	19	size	size	NOUN
dem-4203	116	20	of	of	ADP
dem-4203	116	21	window	window	NOUN
dem-4203	116	22	and	and	CCONJ
dem-4203	116	23	almost	almost	ADV
dem-4203	116	24	all	all	PRON
dem-4203	116	25	of	of	ADP
dem-4203	116	26	them	they	PRON
dem-4203	116	27	are	be	AUX
dem-4203	116	28	underestimated	underestimate	VERB
dem-4203	116	29	(	(	PUNCT
dem-4203	116	30	except	except	SCONJ
dem-4203	116	31	the	the	DET
dem-4203	116	32	rca	rca	PROPN
dem-4203	116	33	-	-	PUNCT
dem-4203	116	34	ma	ma	PROPN
dem-4203	116	35	model	model	NOUN
dem-4203	116	36	with	with	ADP
dem-4203	116	37	fhs	fhs	PROPN
dem-4203	116	38	method	method	NOUN
dem-4203	116	39	)	)	PUNCT
dem-4203	116	40	.	.	PUNCT
dem-4203	117	1	−	−	PROPN
dem-4203	117	2	accuracy	accuracy	NOUN
dem-4203	117	3	of	of	ADP
dem-4203	117	4	the	the	DET
dem-4203	117	5	var	var	NOUN
dem-4203	117	6	forecasts	forecast	NOUN
dem-4203	117	7	for	for	ADP
dem-4203	117	8	models	model	NOUN
dem-4203	117	9	with	with	ADP
dem-4203	117	10	garch	garch	NOUN
dem-4203	117	11	errors	error	NOUN
dem-4203	117	12	(	(	PUNCT
dem-4203	117	13	without	without	ADP
dem-4203	117	14	using	use	VERB
dem-4203	117	15	fhs	fhs	NOUN
dem-4203	117	16	method	method	NOUN
dem-4203	117	17	)	)	PUNCT
dem-4203	117	18	does	do	AUX
dem-4203	117	19	not	not	PART
dem-4203	117	20	depend	depend	VERB
dem-4203	117	21	on	on	ADP
dem-4203	117	22	the	the	DET
dem-4203	117	23	size	size	NOUN
dem-4203	117	24	of	of	ADP
dem-4203	117	25	window	window	NOUN
dem-4203	117	26	and	and	CCONJ
dem-4203	117	27	all	all	PRON
dem-4203	117	28	of	of	ADP
dem-4203	117	29	them	they	PRON
dem-4203	117	30	are	be	AUX
dem-4203	117	31	underestimated	underestimate	VERB
dem-4203	117	32	.	.	PUNCT
dem-4203	118	1	−	−	PROPN
dem-4203	118	2	filtered	filter	VERB
dem-4203	118	3	historical	historical	ADJ
dem-4203	118	4	simulation	simulation	NOUN
dem-4203	118	5	(	(	PUNCT
dem-4203	118	6	fhs	fhs	PROPN
dem-4203	118	7	)	)	PUNCT
dem-4203	118	8	(	(	PUNCT
dem-4203	118	9	christoffersen	christoffersen	VERB
dem-4203	118	10	version	version	NOUN
dem-4203	118	11	)	)	PUNCT
dem-4203	118	12	is	be	AUX
dem-4203	118	13	sensitive	sensitive	ADJ
dem-4203	118	14	to	to	ADP
dem-4203	118	15	the	the	DET
dem-4203	118	16	size	size	NOUN
dem-4203	118	17	of	of	ADP
dem-4203	118	18	window	window	NOUN
dem-4203	118	19	,	,	PUNCT
dem-4203	118	20	i.e.	i.e.	X
dem-4203	118	21	for	for	ADP
dem-4203	118	22	smaller	small	ADJ
dem-4203	118	23	window	window	NOUN
dem-4203	118	24	the	the	DET
dem-4203	118	25	empirically	empirically	ADV
dem-4203	118	26	determined	determine	VERB
dem-4203	118	27	probability	probability	NOUN
dem-4203	118	28	is	be	AUX
dem-4203	118	29	closer	close	ADJ
dem-4203	118	30	to	to	ADP
dem-4203	118	31	the	the	DET
dem-4203	118	32	nominal	nominal	ADJ
dem-4203	118	33	significance	significance	NOUN
dem-4203	118	34	level	level	NOUN
dem-4203	118	35	for	for	ADP
dem-4203	118	36	all	all	DET
dem-4203	118	37	models	model	NOUN
dem-4203	118	38	from	from	ADP
dem-4203	118	39	the	the	DET
dem-4203	118	40	family	family	NOUN
dem-4203	118	41	of	of	ADP
dem-4203	118	42	sign	sign	VERB
dem-4203	118	43	rca	rca	NOUN
dem-4203	118	44	models	model	NOUN
dem-4203	118	45	.	.	PUNCT
dem-4203	119	1	−	−	NOUN
dem-4203	119	2	using	use	VERB
dem-4203	119	3	the	the	DET
dem-4203	119	4	sign	sign	NOUN
dem-4203	119	5	rca	rca	PROPN
dem-4203	119	6	-	-	PUNCT
dem-4203	119	7	ma	ma	PROPN
dem-4203	119	8	model	model	NOUN
dem-4203	119	9	with	with	ADP
dem-4203	119	10	fhs	fhs	PROPN
dem-4203	119	11	method	method	VERB
dem-4203	119	12	the	the	DET
dem-4203	119	13	empirical	empirical	ADJ
dem-4203	119	14	and	and	CCONJ
dem-4203	119	15	nominal	nominal	ADJ
dem-4203	119	16	significance	significance	NOUN
dem-4203	119	17	level	level	NOUN
dem-4203	119	18	are	be	AUX
dem-4203	119	19	almost	almost	ADV
dem-4203	119	20	the	the	DET
dem-4203	119	21	same	same	ADJ
dem-4203	119	22	.	.	PUNCT
dem-4203	120	1	−	−	NOUN
dem-4203	120	2	for	for	ADP
dem-4203	120	3	rca	rca	PROPN
dem-4203	120	4	-	-	PUNCT
dem-4203	120	5	ma	ma	PROPN
dem-4203	120	6	models	model	NOUN
dem-4203	120	7	with	with	ADP
dem-4203	120	8	fhs	fhs	PROPN
dem-4203	120	9	method	method	NOUN
dem-4203	120	10	the	the	DET
dem-4203	120	11	forecasts	forecast	NOUN
dem-4203	120	12	of	of	ADP
dem-4203	120	13	var	var	NOUN
dem-4203	120	14	are	be	AUX
dem-4203	120	15	overestimated	overestimate	VERB
dem-4203	120	16	at	at	ADP
dem-4203	120	17	the	the	DET
dem-4203	120	18	5	5	NUM
dem-4203	120	19	%	%	NOUN
dem-4203	120	20	significance	significance	NOUN
dem-4203	120	21	level	level	NOUN
dem-4203	120	22	.	.	PUNCT
dem-4203	121	1	−	−	X
dem-4203	122	1	the	the	DET
dem-4203	122	2	smallest	small	ADJ
dem-4203	122	3	values	value	NOUN
dem-4203	122	4	of	of	ADP
dem-4203	122	5	the	the	DET
dem-4203	122	6	regulatory	regulatory	ADJ
dem-4203	122	7	loss	loss	NOUN
dem-4203	122	8	function	function	NOUN
dem-4203	122	9	were	be	AUX
dem-4203	122	10	obtained	obtain	VERB
dem-4203	122	11	for	for	ADP
dem-4203	122	12	the	the	DET
dem-4203	122	13	var	var	NOUN
dem-4203	122	14	forecasts	forecast	NOUN
dem-4203	122	15	from	from	ADP
dem-4203	122	16	rca	rca	PROPN
dem-4203	122	17	-	-	PUNCT
dem-4203	122	18	ma	ma	PROPN
dem-4203	122	19	model	model	PROPN
dem-4203	122	20	(	(	PUNCT
dem-4203	122	21	fhs	fhs	NOUN
dem-4203	122	22	method	method	NOUN
dem-4203	122	23	)	)	PUNCT
dem-4203	122	24	.	.	PUNCT
dem-4203	123	1	−	−	PROPN
dem-4203	124	1	the	the	DET
dem-4203	124	2	smallest	small	ADJ
dem-4203	124	3	values	value	NOUN
dem-4203	124	4	of	of	ADP
dem-4203	124	5	the	the	DET
dem-4203	124	6	firm	firm	NOUN
dem-4203	124	7	’s	’s	PART
dem-4203	124	8	loss	loss	NOUN
dem-4203	124	9	function	function	NOUN
dem-4203	124	10	were	be	AUX
dem-4203	124	11	obtained	obtain	VERB
dem-4203	124	12	for	for	ADP
dem-4203	124	13	the	the	DET
dem-4203	124	14	var	var	NOUN
dem-4203	124	15	forecasts	forecast	NOUN
dem-4203	124	16	from	from	ADP
dem-4203	124	17	the	the	DET
dem-4203	124	18	sign	sign	NOUN
dem-4203	124	19	rca	rca	PROPN
dem-4203	124	20	,	,	PUNCT
dem-4203	124	21	rca	rca	PROPN
dem-4203	124	22	,	,	PUNCT
dem-4203	124	23	ar	ar	ADJ
dem-4203	124	24	-	-	ADJ
dem-4203	124	25	garch	garch	NOUN
dem-4203	124	26	models	model	NOUN
dem-4203	124	27	(	(	PUNCT
dem-4203	124	28	all	all	DET
dem-4203	124	29	models	model	NOUN
dem-4203	124	30	with	with	ADP
dem-4203	124	31	fhs	fhs	ADJ
dem-4203	124	32	method	method	NOUN
dem-4203	124	33	)	)	PUNCT
dem-4203	124	34	.	.	PUNCT
dem-4203	125	1	−	−	NOUN
dem-4203	125	2	loss	loss	NOUN
dem-4203	125	3	function	function	NOUN
dem-4203	125	4	with	with	ADP
dem-4203	125	5	expected	expect	VERB
dem-4203	125	6	loss	loss	NOUN
dem-4203	125	7	(	(	PUNCT
dem-4203	125	8	lfes	lfe	NOUN
dem-4203	125	9	)	)	PUNCT
dem-4203	125	10	takes	take	VERB
dem-4203	125	11	the	the	DET
dem-4203	125	12	smallest	small	ADJ
dem-4203	125	13	values	value	NOUN
dem-4203	125	14	for	for	ADP
dem-4203	125	15	ar	ar	NOUN
dem-4203	125	16	-	-	PUNCT
dem-4203	125	17	garch	garch	NOUN
dem-4203	125	18	models	model	NOUN
dem-4203	125	19	(	(	PUNCT
dem-4203	125	20	dowd	dowd	NOUN
dem-4203	125	21	and	and	CCONJ
dem-4203	125	22	yy	yy	PROPN
dem-4203	125	23	method	method	NOUN
dem-4203	125	24	)	)	PUNCT
dem-4203	125	25	for	for	ADP
dem-4203	125	26	each	each	DET
dem-4203	125	27	window	window	NOUN
dem-4203	125	28	size	size	NOUN
dem-4203	125	29	and	and	CCONJ
dem-4203	125	30	joanna	joanna	PROPN
dem-4203	125	31	górka	górka	NOUN
dem-4203	125	32	48	48	NUM
dem-4203	125	33	from	from	ADP
dem-4203	125	34	the	the	DET
dem-4203	125	35	rca	rca	PROPN
dem-4203	125	36	-	-	PUNCT
dem-4203	125	37	ma	ma	PROPN
dem-4203	125	38	models	model	NOUN
dem-4203	125	39	(	(	PUNCT
dem-4203	125	40	fhs	fhs	NOUN
dem-4203	125	41	method	method	NOUN
dem-4203	125	42	)	)	PUNCT
dem-4203	125	43	for	for	ADP
dem-4203	125	44	windows	window	NOUN
dem-4203	125	45	of	of	ADP
dem-4203	125	46	500	500	NUM
dem-4203	125	47	and	and	CCONJ
dem-4203	125	48	250	250	NUM
dem-4203	125	49	observations	observation	NOUN
dem-4203	125	50	.	.	PUNCT
dem-4203	126	1	−	−	PROPN
dem-4203	126	2	filtered	filter	VERB
dem-4203	126	3	historical	historical	ADJ
dem-4203	126	4	simulation	simulation	NOUN
dem-4203	126	5	(	(	PUNCT
dem-4203	126	6	christoffersen	christoffersen	VERB
dem-4203	126	7	version	version	NOUN
dem-4203	126	8	)	)	PUNCT
dem-4203	126	9	generates	generate	VERB
dem-4203	126	10	bigger	big	ADJ
dem-4203	126	11	value	value	NOUN
dem-4203	126	12	of	of	ADP
dem-4203	126	13	lfes	lfe	NOUN
dem-4203	126	14	than	than	ADP
dem-4203	126	15	other	other	ADJ
dem-4203	126	16	analyzed	analyze	VERB
dem-4203	126	17	method	method	NOUN
dem-4203	126	18	(	(	PUNCT
dem-4203	126	19	except	except	SCONJ
dem-4203	126	20	the	the	DET
dem-4203	126	21	rca	rca	PROPN
dem-4203	126	22	-	-	PUNCT
dem-4203	126	23	ma	ma	PROPN
dem-4203	126	24	model	model	NOUN
dem-4203	126	25	with	with	ADP
dem-4203	126	26	fhs	fhs	PROPN
dem-4203	126	27	method	method	NOUN
dem-4203	126	28	)	)	PUNCT
dem-4203	126	29	.	.	PUNCT
dem-4203	127	1	to	to	PART
dem-4203	127	2	sum	sum	VERB
dem-4203	127	3	up	up	ADP
dem-4203	127	4	,	,	PUNCT
dem-4203	127	5	some	some	DET
dem-4203	127	6	models	model	NOUN
dem-4203	127	7	from	from	ADP
dem-4203	127	8	the	the	DET
dem-4203	127	9	family	family	NOUN
dem-4203	127	10	of	of	ADP
dem-4203	127	11	sign	sign	PROPN
dem-4203	127	12	rca	rca	NOUN
dem-4203	127	13	models	model	NOUN
dem-4203	127	14	can	can	AUX
dem-4203	127	15	generate	generate	VERB
dem-4203	127	16	useful	useful	ADJ
dem-4203	127	17	results	result	NOUN
dem-4203	127	18	of	of	ADP
dem-4203	127	19	the	the	DET
dem-4203	127	20	var	var	NOUN
dem-4203	127	21	and	and	CCONJ
dem-4203	127	22	es	es	VERB
dem-4203	127	23	measures	measure	NOUN
dem-4203	127	24	only	only	ADV
dem-4203	127	25	in	in	ADP
dem-4203	127	26	some	some	DET
dem-4203	127	27	cases	case	NOUN
dem-4203	127	28	.	.	PUNCT
dem-4203	128	1	references	reference	NOUN
dem-4203	128	2	acerbi	acerbi	NOUN
dem-4203	128	3	,	,	PUNCT
dem-4203	128	4	c.	c.	PROPN
dem-4203	128	5	,	,	PUNCT
dem-4203	128	6	tasche	tasche	PROPN
dem-4203	128	7	,	,	PUNCT
dem-4203	128	8	d.	d.	PROPN
dem-4203	128	9	(	(	PUNCT
dem-4203	128	10	2002	2002	NUM
dem-4203	128	11	)	)	PUNCT
dem-4203	128	12	,	,	PUNCT
dem-4203	128	13	expected	expect	VERB
dem-4203	128	14	shortfall	shortfall	NOUN
dem-4203	128	15	:	:	PUNCT
dem-4203	128	16	a	a	DET
dem-4203	128	17	natural	natural	ADJ
dem-4203	128	18	coherent	coherent	ADJ
dem-4203	128	19	alternative	alternative	NOUN
dem-4203	128	20	to	to	AUX
dem-4203	128	21	value	value	NOUN
dem-4203	128	22	at	at	ADP
dem-4203	128	23	risk	risk	NOUN
dem-4203	128	24	,	,	PUNCT
dem-4203	128	25	economic	economic	ADJ
dem-4203	128	26	notes	note	NOUN
dem-4203	128	27	,	,	PUNCT
dem-4203	128	28	31	31	NUM
dem-4203	128	29	,	,	PUNCT
dem-4203	128	30	379–388	379–388	NUM
dem-4203	128	31	.	.	PUNCT
dem-4203	129	1	angelidis	angelidi	NOUN
dem-4203	129	2	,	,	PUNCT
dem-4203	129	3	t.	t.	PROPN
dem-4203	129	4	,	,	PUNCT
dem-4203	129	5	degiannakis	degiannakis	PROPN
dem-4203	129	6	,	,	PUNCT
dem-4203	129	7	s.	s.	PROPN
dem-4203	129	8	(	(	PUNCT
dem-4203	129	9	2006	2006	NUM
dem-4203	129	10	)	)	PUNCT
dem-4203	129	11	,	,	PUNCT
dem-4203	129	12	backtesting	backteste	VERB
dem-4203	129	13	var	var	NOUN
dem-4203	129	14	models	model	NOUN
dem-4203	129	15	:	:	PUNCT
dem-4203	129	16	an	an	DET
dem-4203	129	17	expected	expect	VERB
dem-4203	129	18	shortfall	shortfall	NOUN
dem-4203	129	19	approach	approach	NOUN
dem-4203	129	20	,	,	PUNCT
dem-4203	129	21	working	work	VERB
dem-4203	129	22	paper	paper	NOUN
dem-4203	129	23	series	series	NOUN
dem-4203	129	24	,	,	PUNCT
dem-4203	129	25	http://econpapers.repec.org/paper/crtwpaper/0701.htm	http://econpapers.repec.org/paper/crtwpaper/0701.htm	PROPN
dem-4203	129	26	(	(	PUNCT
dem-4203	129	27	2.09.2009	2.09.2009	NUM
dem-4203	129	28	)	)	PUNCT
dem-4203	129	29	.	.	PUNCT
dem-4203	130	1	appadoo	appadoo	PROPN
dem-4203	130	2	,	,	PUNCT
dem-4203	130	3	s.	s.	PROPN
dem-4203	130	4	,	,	PUNCT
dem-4203	130	5	thavaneswaran	thavaneswaran	PROPN
dem-4203	130	6	,	,	PUNCT
dem-4203	130	7	a.	a.	NOUN
dem-4203	130	8	,	,	PUNCT
dem-4203	130	9	singh	singh	PROPN
dem-4203	130	10	j.	j.	PROPN
dem-4203	130	11	(	(	PUNCT
dem-4203	130	12	2006	2006	NUM
dem-4203	130	13	)	)	PUNCT
dem-4203	130	14	,	,	PUNCT
dem-4203	130	15	rca	rca	PROPN
dem-4203	130	16	models	model	NOUN
dem-4203	130	17	with	with	ADP
dem-4203	130	18	correlated	correlate	VERB
dem-4203	130	19	errors	error	NOUN
dem-4203	130	20	applied	apply	VERB
dem-4203	130	21	mathematics	mathematic	NOUN
dem-4203	130	22	letters	letter	NOUN
dem-4203	130	23	,	,	PUNCT
dem-4203	130	24	19	19	NUM
dem-4203	130	25	,	,	PUNCT
dem-4203	130	26	824–829	824–829	NUM
dem-4203	130	27	.	.	PUNCT
dem-4203	131	1	aue	aue	PROPN
dem-4203	131	2	,	,	PUNCT
dem-4203	131	3	a.	a.	NOUN
dem-4203	131	4	(	(	PUNCT
dem-4203	131	5	2004	2004	NUM
dem-4203	131	6	)	)	PUNCT
dem-4203	131	7	,	,	PUNCT
dem-4203	131	8	strong	strong	ADJ
dem-4203	131	9	approximation	approximation	NOUN
dem-4203	131	10	for	for	ADP
dem-4203	131	11	rca(1	rca(1	NOUN
dem-4203	131	12	)	)	PUNCT
dem-4203	131	13	time	time	NOUN
dem-4203	131	14	series	series	NOUN
dem-4203	131	15	with	with	ADP
dem-4203	131	16	applications	application	NOUN
dem-4203	131	17	,	,	PUNCT
dem-4203	131	18	statistics	statistic	NOUN
dem-4203	131	19	&	&	CCONJ
dem-4203	131	20	probability	probability	NOUN
dem-4203	131	21	letters	letter	NOUN
dem-4203	131	22	,	,	PUNCT
dem-4203	131	23	68	68	NUM
dem-4203	131	24	,	,	PUNCT
dem-4203	131	25	369–382	369–382	NUM
dem-4203	131	26	.	.	PUNCT
dem-4203	131	27	bollerslev	bollerslev	NOUN
dem-4203	131	28	,	,	PUNCT
dem-4203	131	29	t.	t.	PROPN
dem-4203	131	30	(	(	PUNCT
dem-4203	131	31	1986	1986	NUM
dem-4203	131	32	)	)	PUNCT
dem-4203	131	33	,	,	PUNCT
dem-4203	131	34	generalized	generalize	VERB
dem-4203	131	35	autoregressive	autoregressive	ADJ
dem-4203	131	36	conditional	conditional	ADJ
dem-4203	131	37	heteroscedasticity	heteroscedasticity	NOUN
dem-4203	131	38	,	,	PUNCT
dem-4203	131	39	journal	journal	NOUN
dem-4203	131	40	of	of	ADP
dem-4203	131	41	econometrics	econometric	NOUN
dem-4203	131	42	,	,	PUNCT
dem-4203	131	43	31	31	NUM
dem-4203	131	44	,	,	PUNCT
dem-4203	131	45	307–327	307–327	NUM
dem-4203	131	46	.	.	PUNCT
dem-4203	132	1	christoffersen	christoffersen	NOUN
dem-4203	132	2	,	,	PUNCT
dem-4203	132	3	p.	p.	NOUN
dem-4203	132	4	f.	f.	PROPN
dem-4203	132	5	(	(	PUNCT
dem-4203	132	6	2009	2009	NUM
dem-4203	132	7	)	)	PUNCT
dem-4203	132	8	,	,	PUNCT
dem-4203	132	9	value	value	NOUN
dem-4203	132	10	-	-	PUNCT
dem-4203	132	11	at	at	ADP
dem-4203	132	12	-	-	PUNCT
dem-4203	132	13	risk	risk	NOUN
dem-4203	132	14	models	model	NOUN
dem-4203	132	15	,	,	PUNCT
dem-4203	132	16	in	in	ADP
dem-4203	132	17	andersen	andersen	PROPN
dem-4203	132	18	,	,	PUNCT
dem-4203	132	19	t.	t.	PROPN
dem-4203	132	20	g.	g.	PROPN
dem-4203	132	21	,	,	PUNCT
dem-4203	132	22	davis	davis	PROPN
dem-4203	132	23	,	,	PUNCT
dem-4203	132	24	r.	r.	PROPN
dem-4203	132	25	a.	a.	PROPN
dem-4203	132	26	,	,	PUNCT
dem-4203	132	27	kreiss	kreiss	NOUN
dem-4203	132	28	,	,	PUNCT
dem-4203	132	29	j.-p	j.-p	PROPN
dem-4203	132	30	.	.	PROPN
dem-4203	132	31	,	,	PUNCT
dem-4203	132	32	mikosch	mikosch	PROPN
dem-4203	132	33	,	,	PUNCT
dem-4203	132	34	t.	t.	PROPN
dem-4203	132	35	(	(	PUNCT
dem-4203	132	36	ed	ed	NOUN
dem-4203	132	37	.	.	PUNCT
dem-4203	132	38	)	)	PUNCT
dem-4203	132	39	,	,	PUNCT
dem-4203	132	40	handbook	handbook	NOUN
dem-4203	132	41	of	of	ADP
dem-4203	132	42	financial	financial	ADJ
dem-4203	132	43	time	time	NOUN
dem-4203	132	44	series	series	PROPN
dem-4203	132	45	,	,	PUNCT
dem-4203	132	46	springer	springer	NOUN
dem-4203	132	47	verlag	verlag	PROPN
dem-4203	132	48	.	.	PUNCT
dem-4203	133	1	dowd	dowd	PROPN
dem-4203	133	2	,	,	PUNCT
dem-4203	133	3	k.	k.	PROPN
dem-4203	133	4	(	(	PUNCT
dem-4203	133	5	2002	2002	NUM
dem-4203	133	6	)	)	PUNCT
dem-4203	133	7	,	,	PUNCT
dem-4203	133	8	measuring	measure	VERB
dem-4203	133	9	market	market	NOUN
dem-4203	133	10	risk	risk	NOUN
dem-4203	133	11	,	,	PUNCT
dem-4203	133	12	john	john	PROPN
dem-4203	133	13	wiley	wiley	PROPN
dem-4203	133	14	&	&	CCONJ
dem-4203	133	15	sons	sons	PROPN
dem-4203	133	16	,	,	PUNCT
dem-4203	133	17	ltd	ltd	PROPN
dem-4203	133	18	.	.	PROPN
dem-4203	133	19	engle	engle	PROPN
dem-4203	133	20	,	,	PUNCT
dem-4203	133	21	r.	r.	PROPN
dem-4203	133	22	f.	f.	PROPN
dem-4203	133	23	(	(	PUNCT
dem-4203	133	24	1982	1982	NUM
dem-4203	133	25	)	)	PUNCT
dem-4203	133	26	,	,	PUNCT
dem-4203	133	27	autoregressive	autoregressive	ADJ
dem-4203	133	28	conditional	conditional	ADJ
dem-4203	133	29	heteroscedasticity	heteroscedasticity	NOUN
dem-4203	133	30	with	with	ADP
dem-4203	133	31	estimates	estimate	NOUN
dem-4203	133	32	of	of	ADP
dem-4203	133	33	the	the	DET
dem-4203	133	34	variance	variance	NOUN
dem-4203	133	35	of	of	ADP
dem-4203	133	36	united	united	PROPN
dem-4203	133	37	kingdom	kingdom	PROPN
dem-4203	133	38	inflation	inflation	NOUN
dem-4203	133	39	,	,	PUNCT
dem-4203	133	40	econometrica	econometrica	PROPN
dem-4203	133	41	,	,	PUNCT
dem-4203	133	42	50	50	NUM
dem-4203	133	43	,	,	PUNCT
dem-4203	133	44	987–1006	987–1006	NUM
dem-4203	133	45	.	.	PUNCT
dem-4203	134	1	górka	górka	PROPN
dem-4203	134	2	,	,	PUNCT
dem-4203	134	3	j.	j.	PROPN
dem-4203	134	4	(	(	PUNCT
dem-4203	134	5	2008	2008	NUM
dem-4203	134	6	)	)	PUNCT
dem-4203	134	7	,	,	PUNCT
dem-4203	134	8	description	description	NOUN
dem-4203	134	9	the	the	DET
dem-4203	134	10	kurtosis	kurtosis	NOUN
dem-4203	134	11	of	of	ADP
dem-4203	134	12	distributions	distribution	NOUN
dem-4203	134	13	by	by	ADP
dem-4203	134	14	selected	select	VERB
dem-4203	134	15	models	model	NOUN
dem-4203	134	16	with	with	ADP
dem-4203	134	17	sing	sing	NOUN
dem-4203	134	18	function	function	NOUN
dem-4203	134	19	,	,	PUNCT
dem-4203	134	20	dynamic	dynamic	ADJ
dem-4203	134	21	econometric	econometric	ADJ
dem-4203	134	22	models	model	NOUN
dem-4203	134	23	,	,	PUNCT
dem-4203	134	24	vol.8	vol.8	PROPN
dem-4203	134	25	,	,	PUNCT
dem-4203	134	26	toruń	toruń	PROPN
dem-4203	134	27	nicholls	nicholls	PROPN
dem-4203	134	28	,	,	PUNCT
dem-4203	134	29	d.	d.	PROPN
dem-4203	134	30	,	,	PUNCT
dem-4203	134	31	quinn	quinn	PROPN
dem-4203	134	32	,	,	PUNCT
dem-4203	134	33	b.	b.	PROPN
dem-4203	134	34	(	(	PUNCT
dem-4203	134	35	1982	1982	NUM
dem-4203	134	36	)	)	PUNCT
dem-4203	134	37	,	,	PUNCT
dem-4203	134	38	random	random	ADJ
dem-4203	134	39	coefficient	coefficient	NOUN
dem-4203	134	40	autoregressive	autoregressive	ADJ
dem-4203	134	41	models	model	NOUN
dem-4203	134	42	:	:	PUNCT
dem-4203	134	43	an	an	DET
dem-4203	134	44	introduction	introduction	NOUN
dem-4203	134	45	,	,	PUNCT
dem-4203	134	46	springer	springer	NOUN
dem-4203	134	47	,	,	PUNCT
dem-4203	134	48	new	new	PROPN
dem-4203	134	49	york	york	PROPN
dem-4203	134	50	.	.	PUNCT
dem-4203	135	1	thavaneswaran	thavaneswaran	PROPN
dem-4203	135	2	,	,	PUNCT
dem-4203	135	3	a.	a.	NOUN
dem-4203	135	4	,	,	PUNCT
dem-4203	135	5	appadoo	appadoo	PROPN
dem-4203	135	6	,	,	PUNCT
dem-4203	135	7	s.	s.	PROPN
dem-4203	135	8	(	(	PUNCT
dem-4203	135	9	2006	2006	NUM
dem-4203	135	10	)	)	PUNCT
dem-4203	135	11	,	,	PUNCT
dem-4203	135	12	properties	property	NOUN
dem-4203	135	13	of	of	ADP
dem-4203	135	14	a	a	DET
dem-4203	135	15	new	new	ADJ
dem-4203	135	16	family	family	NOUN
dem-4203	135	17	of	of	ADP
dem-4203	135	18	volatility	volatility	NOUN
dem-4203	135	19	sing	sing	NOUN
dem-4203	135	20	models	model	NOUN
dem-4203	135	21	,	,	PUNCT
dem-4203	135	22	computers	computer	NOUN
dem-4203	135	23	and	and	CCONJ
dem-4203	135	24	mathematics	mathematic	NOUN
dem-4203	135	25	with	with	ADP
dem-4203	135	26	applications	application	NOUN
dem-4203	135	27	,	,	PUNCT
dem-4203	135	28	52	52	NUM
dem-4203	135	29	,	,	PUNCT
dem-4203	135	30	809–818	809–818	NUM
dem-4203	135	31	.	.	PUNCT
dem-4203	135	32	thavaneswaran	thavaneswaran	PROPN
dem-4203	135	33	,	,	PUNCT
dem-4203	135	34	a.	a.	NOUN
dem-4203	135	35	,	,	PUNCT
dem-4203	135	36	appadoo	appadoo	PROPN
dem-4203	135	37	,	,	PUNCT
dem-4203	135	38	s.	s.	PROPN
dem-4203	135	39	,	,	PUNCT
dem-4203	135	40	bector	bector	NOUN
dem-4203	135	41	,	,	PUNCT
dem-4203	135	42	c.	c.	PROPN
dem-4203	135	43	(	(	PUNCT
dem-4203	135	44	2006	2006	NUM
dem-4203	135	45	)	)	PUNCT
dem-4203	135	46	,	,	PUNCT
dem-4203	135	47	recent	recent	ADJ
dem-4203	135	48	developments	development	NOUN
dem-4203	135	49	in	in	ADP
dem-4203	135	50	volatility	volatility	NOUN
dem-4203	135	51	modeling	modeling	NOUN
dem-4203	135	52	and	and	CCONJ
dem-4203	135	53	application	application	NOUN
dem-4203	135	54	,	,	PUNCT
dem-4203	135	55	journal	journal	NOUN
dem-4203	135	56	of	of	ADP
dem-4203	135	57	applied	apply	VERB
dem-4203	135	58	mathematics	mathematic	NOUN
dem-4203	135	59	and	and	CCONJ
dem-4203	135	60	decision	decision	NOUN
dem-4203	135	61	sciences	science	NOUN
dem-4203	135	62	,	,	PUNCT
dem-4203	135	63	1–23	1–23	PROPN
dem-4203	135	64	.	.	PUNCT
dem-4203	136	1	thavaneswaran	thavaneswaran	PROPN
dem-4203	136	2	,	,	PUNCT
dem-4203	136	3	a.	a.	NOUN
dem-4203	136	4	,	,	PUNCT
dem-4203	136	5	peiris	peiris	PROPN
dem-4203	136	6	,	,	PUNCT
dem-4203	136	7	s.	s.	PROPN
dem-4203	136	8	,	,	PUNCT
dem-4203	136	9	appadoo	appadoo	PROPN
dem-4203	136	10	,	,	PUNCT
dem-4203	136	11	s.	s.	PROPN
dem-4203	136	12	(	(	PUNCT
dem-4203	136	13	2008	2008	NUM
dem-4203	136	14	)	)	PUNCT
dem-4203	136	15	,	,	PUNCT
dem-4203	136	16	random	random	ADJ
dem-4203	136	17	coefficient	coefficient	NOUN
dem-4203	136	18	volatility	volatility	NOUN
dem-4203	136	19	models	model	NOUN
dem-4203	136	20	,	,	PUNCT
dem-4203	136	21	statistics	statistic	NOUN
dem-4203	136	22	&	&	CCONJ
dem-4203	136	23	probability	probability	NOUN
dem-4203	136	24	letters	letter	NOUN
dem-4203	136	25	,	,	PUNCT
dem-4203	136	26	78	78	NUM
dem-4203	136	27	,	,	PUNCT
dem-4203	136	28	582–593	582–593	NUM
dem-4203	136	29	.	.	PUNCT
dem-4203	137	1	thavaneswaran	thavaneswaran	PROPN
dem-4203	137	2	,	,	PUNCT
dem-4203	137	3	s.	s.	PROPN
dem-4203	137	4	,	,	PUNCT
dem-4203	137	5	appadoo	appadoo	PROPN
dem-4203	137	6	,	,	PUNCT
dem-4203	137	7	s.	s.	PROPN
dem-4203	137	8	,	,	PUNCT
dem-4203	137	9	i	i	PRON
dem-4203	137	10	ghahramani	ghahramani	NOUN
dem-4203	137	11	,	,	PUNCT
dem-4203	137	12	m.	m.	NOUN
dem-4203	137	13	(	(	PUNCT
dem-4203	137	14	2009	2009	NUM
dem-4203	137	15	)	)	PUNCT
dem-4203	137	16	,	,	PUNCT
dem-4203	137	17	rca	rca	PROPN
dem-4203	137	18	models	model	NOUN
dem-4203	137	19	with	with	ADP
dem-4203	137	20	garch	garch	NOUN
dem-4203	137	21	innovations	innovation	NOUN
dem-4203	137	22	,	,	PUNCT
dem-4203	137	23	applied	apply	VERB
dem-4203	137	24	mathematics	mathematics	NOUN
dem-4203	137	25	letters	letter	NOUN
dem-4203	137	26	,	,	PUNCT
dem-4203	137	27	22	22	NUM
dem-4203	137	28	,	,	PUNCT
dem-4203	137	29	110–114	110–114	NUM
dem-4203	137	30	.	.	PUNCT
dem-4203	138	1	yamai	yamai	PROPN
dem-4203	138	2	,	,	PUNCT
dem-4203	138	3	y.	y.	PROPN
dem-4203	138	4	,	,	PUNCT
dem-4203	138	5	yoshiba	yoshiba	PROPN
dem-4203	138	6	,	,	PUNCT
dem-4203	138	7	t.	t.	PROPN
dem-4203	138	8	(	(	PUNCT
dem-4203	138	9	2002	2002	NUM
dem-4203	138	10	)	)	PUNCT
dem-4203	138	11	,	,	PUNCT
dem-4203	138	12	comparative	comparative	ADJ
dem-4203	138	13	analyses	analysis	NOUN
dem-4203	138	14	of	of	ADP
dem-4203	138	15	expected	expect	VERB
dem-4203	138	16	shortfall	shortfall	NOUN
dem-4203	138	17	and	and	CCONJ
dem-4203	138	18	value	value	NOUN
dem-4203	138	19	-	-	PUNCT
dem-4203	138	20	at	at	ADP
dem-4203	138	21	-	-	PUNCT
dem-4203	138	22	risk	risk	NOUN
dem-4203	138	23	:	:	PUNCT
dem-4203	138	24	their	their	PRON
dem-4203	138	25	estimation	estimation	NOUN
dem-4203	138	26	error	error	NOUN
dem-4203	138	27	,	,	PUNCT
dem-4203	138	28	decomposition	decomposition	NOUN
dem-4203	138	29	and	and	CCONJ
dem-4203	138	30	optimization	optimization	NOUN
dem-4203	138	31	,	,	PUNCT
dem-4203	138	32	monetary	monetary	ADJ
dem-4203	138	33	and	and	CCONJ
dem-4203	138	34	economic	economic	ADJ
dem-4203	138	35	studies	study	NOUN
dem-4203	138	36	,	,	PUNCT
dem-4203	138	37	20(1	20(1	NUM
dem-4203	138	38	)	)	PUNCT
dem-4203	138	39	,	,	PUNCT
dem-4203	139	1	87–121	87–121	NUM
dem-4203	139	2	.	.	PUNCT
dem-4203	140	1	zastosowanie	zastosowanie	PROPN
dem-4203	140	2	modeli	modeli	PROPN
dem-4203	140	3	klasy	klasy	PROPN
dem-4203	140	4	sign	sign	PROPN
dem-4203	140	5	rca	rca	PROPN
dem-4203	140	6	do	do	AUX
dem-4203	140	7	wyznaczenia	wyznaczenia	NOUN
dem-4203	140	8	wybranych	wybranych	NOUN
dem-4203	140	9	miar	miar	PROPN
dem-4203	140	10	zagrożenia	zagrożenia	PROPN
dem-4203	140	11	z	z	PROPN
dem-4203	141	1	a	a	DET
dem-4203	141	2	r	r	NOUN
dem-4203	141	3	y	y	PROPN
dem-4203	141	4	s	s	PROPN
dem-4203	141	5	t	t	NOUN
dem-4203	141	6	r	r	NOUN
dem-4203	141	7	e	e	PROPN
dem-4203	141	8	ś	ś	PROPN
dem-4203	141	9	c	c	PROPN
dem-4203	141	10	i.	i.	PROPN
dem-4203	141	11	w	w	PROPN
dem-4203	141	12	finansach	finansach	PROPN
dem-4203	141	13	bardzo	bardzo	X
dem-4203	141	14	ważne	ważne	VERB
dem-4203	141	15	jest	jest	PROPN
dem-4203	141	16	aby	aby	PROPN
dem-4203	141	17	dokładnie	dokładnie	PROPN
dem-4203	141	18	ocenić	ocenić	PROPN
dem-4203	141	19	ryzyko	ryzyko	PROPN
dem-4203	141	20	.	.	PUNCT
dem-4203	142	1	istnieje	istnieje	PROPN
dem-4203	142	2	wiele	wiele	PROPN
dem-4203	142	3	metod	metod	PROPN
dem-4203	142	4	szacowania	szacowania	PROPN
dem-4203	142	5	ryzyka	ryzyka	PROPN
dem-4203	142	6	jednak	jednak	PROPN
dem-4203	142	7	żadna	żadna	PROPN
dem-4203	142	8	z	z	PROPN
dem-4203	142	9	istniejących	istniejących	VERB
dem-4203	142	10	już	już	PROPN
dem-4203	142	11	metod	metod	PROPN
dem-4203	142	12	nie	nie	PROPN
dem-4203	142	13	jest	jest	PROPN
dem-4203	142	14	najlepsza	najlepsza	PROPN
dem-4203	142	15	.	.	PUNCT
dem-4203	143	1	w	w	PROPN
dem-4203	143	2	niniejszym	niniejszym	PROPN
dem-4203	143	3	artykule	artykule	NOUN
dem-4203	143	4	,	,	PUNCT
dem-4203	143	5	do	do	AUX
dem-4203	143	6	wyznaczenie	wyznaczenie	PROPN
dem-4203	143	7	takich	takich	PROPN
dem-4203	143	8	miar	miar	PROPN
dem-4203	143	9	ryzyka	ryzyka	PROPN
dem-4203	143	10	jak	jak	PROPN
dem-4203	143	11	value	value	NOUN
dem-4203	143	12	at	at	ADP
dem-4203	143	13	risk	risk	NOUN
dem-4203	143	14	(	(	PUNCT
dem-4203	143	15	var	var	NOUN
dem-4203	143	16	)	)	PUNCT
dem-4203	144	1	i	i	PRON
dem-4203	144	2	expected	expect	VERB
dem-4203	144	3	shortfall	shortfall	NOUN
dem-4203	144	4	(	(	PUNCT
dem-4203	144	5	es	es	NOUN
dem-4203	144	6	)	)	PUNCT
dem-4203	144	7	zastosowano	zastosowano	PROPN
dem-4203	144	8	modele	modele	PROPN
dem-4203	144	9	klasy	klasy	PROPN
dem-4203	144	10	sign	sign	PROPN
dem-4203	144	11	rca	rca	PROPN
dem-4203	144	12	obliczone	obliczone	PROPN
dem-4203	144	13	zostały	zostały	PROPN
dem-4203	144	14	jednookresowe	jednookresowe	PROPN
dem-4203	144	15	prognozy	prognozy	PROPN
dem-4203	144	16	var	var	PROPN
dem-4203	144	17	oraz	oraz	PROPN
dem-4203	144	18	es	es	X
dem-4203	144	19	application	application	NOUN
dem-4203	144	20	of	of	ADP
dem-4203	144	21	the	the	DET
dem-4203	144	22	family	family	NOUN
dem-4203	144	23	of	of	ADP
dem-4203	144	24	sign	sign	PROPN
dem-4203	144	25	rca	rca	NOUN
dem-4203	144	26	models	model	NOUN
dem-4203	144	27	…	…	PUNCT
dem-4203	144	28	49	49	NUM
dem-4203	144	29	dla	dla	NOUN
dem-4203	144	30	ostatnich	ostatnich	VERB
dem-4203	144	31	500	500	NUM
dem-4203	144	32	obserwacji	obserwacji	NOUN
dem-4203	144	33	z	z	PROPN
dem-4203	144	34	wykorzystaniem	wykorzystaniem	PROPN
dem-4203	145	1	modeli	modeli	PROPN
dem-4203	145	2	oszacowanych	oszacowanych	PROPN
dem-4203	145	3	w	w	PROPN
dem-4203	145	4	oknach	oknach	NOUN
dem-4203	145	5	na	na	INTJ
dem-4203	145	6	podstawie	podstawie	NOUN
dem-4203	145	7	prób	prób	PROPN
dem-4203	145	8	wielkości	wielkości	PROPN
dem-4203	145	9	250	250	NUM
dem-4203	145	10	,	,	PUNCT
dem-4203	146	1	500	500	NUM
dem-4203	146	2	i	i	PRON
dem-4203	146	3	1500	1500	NUM
dem-4203	146	4	obserwacji	obserwacji	NOUN
dem-4203	146	5	.	.	PUNCT
dem-4203	147	1	otrzymane	otrzymane	ADJ
dem-4203	147	2	wyniki	wyniki	PROPN
dem-4203	147	3	zweryfikowano	zweryfikowano	PROPN
dem-4203	147	4	wykorzystując	wykorzystując	PROPN
dem-4203	147	5	testowanie	testowanie	PROPN
dem-4203	147	6	wsteczne	wsteczne	PROPN
dem-4203	147	7	oraz	oraz	PROPN
dem-4203	147	8	funkcje	funkcje	PROPN
dem-4203	147	9	strat	strat	PROPN
dem-4203	147	10	.	.	PUNCT
dem-4203	147	11	s	s	PROPN
dem-4203	147	12	ł	ł	PROPN
dem-4203	147	13	o	o	X
dem-4203	147	14	w	w	NOUN
dem-4203	147	15	a	a	DET
dem-4203	147	16	k	k	X
dem-4203	147	17	l	l	NOUN
dem-4203	147	18	u	u	NOUN
dem-4203	147	19	c	c	NOUN
dem-4203	147	20	z	z	NOUN
dem-4203	147	21	o	o	X
dem-4203	147	22	w	w	PROPN
dem-4203	147	23	e	e	NOUN
dem-4203	147	24	:	:	PUNCT
dem-4203	147	25	modele	modele	PROPN
dem-4203	147	26	klasy	klasy	PROPN
dem-4203	147	27	sign	sign	VERB
dem-4203	147	28	rca	rca	NOUN
dem-4203	147	29	models	model	NOUN
dem-4203	147	30	,	,	PUNCT
dem-4203	147	31	miary	miary	ADJ
dem-4203	147	32	ryzyka	ryzyka	NOUN
dem-4203	147	33	,	,	PUNCT
dem-4203	147	34	value	value	NOUN
dem-4203	147	35	at	at	ADP
dem-4203	147	36	risk	risk	NOUN
dem-4203	147	37	,	,	PUNCT
dem-4203	147	38	expected	expect	VERB
dem-4203	147	39	shortfall	shortfall	NOUN
dem-4203	147	40	.	.	PUNCT