id	sid	tid	token	lemma	pos
fbem-15617	1	1	frontiers	frontier	NOUN
fbem-15617	1	2	in	in	ADP
fbem-15617	1	3	business	business	NOUN
fbem-15617	1	4	,	,	PUNCT
fbem-15617	1	5	economics	economic	NOUN
fbem-15617	1	6	and	and	CCONJ
fbem-15617	1	7	management	management	NOUN
fbem-15617	1	8	issn	issn	PROPN
fbem-15617	1	9	:	:	PUNCT
fbem-15617	1	10	2766	2766	NUM
fbem-15617	1	11	-	-	PUNCT
fbem-15617	1	12	824x	824x	NUM
fbem-15617	1	13	|	|	ADJ
fbem-15617	1	14	vol	vol	NOUN
fbem-15617	1	15	.	.	PROPN
fbem-15617	1	16	12	12	NUM
fbem-15617	1	17	,	,	PUNCT
fbem-15617	1	18	no	no	INTJ
fbem-15617	1	19	.	.	NOUN
fbem-15617	1	20	3	3	NUM
fbem-15617	1	21	,	,	PUNCT
fbem-15617	1	22	2023	2023	NUM
fbem-15617	1	23	272	272	NUM
fbem-15617	1	24	carbon	carbon	NOUN
fbem-15617	1	25	futures	future	NOUN
fbem-15617	1	26	volatility	volatility	NOUN
fbem-15617	1	27	forecasting	forecasting	NOUN
fbem-15617	1	28	:	:	PUNCT
fbem-15617	1	29	the	the	DET
fbem-15617	1	30	role	role	NOUN
fbem-15617	1	31	of	of	ADP
fbem-15617	1	32	spillover	spillover	ADJ
fbem-15617	1	33	effect	effect	NOUN
fbem-15617	1	34	from	from	ADP
fbem-15617	1	35	crude	crude	ADJ
fbem-15617	1	36	oil	oil	NOUN
fbem-15617	1	37	futures	future	NOUN
fbem-15617	1	38	market	market	NOUN
fbem-15617	1	39	jia	jia	PROPN
fbem-15617	1	40	qian	qian	PROPN
fbem-15617	1	41	school	school	PROPN
fbem-15617	1	42	of	of	ADP
fbem-15617	1	43	finance	finance	NOUN
fbem-15617	1	44	,	,	PUNCT
fbem-15617	1	45	anhui	anhui	PROPN
fbem-15617	1	46	university	university	PROPN
fbem-15617	1	47	of	of	ADP
fbem-15617	1	48	finance	finance	NOUN
fbem-15617	1	49	and	and	CCONJ
fbem-15617	1	50	economics	economic	NOUN
fbem-15617	1	51	,	,	PUNCT
fbem-15617	1	52	bengbu	bengbu	NOUN
fbem-15617	1	53	233030	233030	NUM
fbem-15617	1	54	,	,	PUNCT
fbem-15617	1	55	china	china	PROPN
fbem-15617	1	56	abstract	abstract	PROPN
fbem-15617	1	57	:	:	PUNCT
fbem-15617	1	58	accurate	accurate	ADJ
fbem-15617	1	59	prediction	prediction	NOUN
fbem-15617	1	60	of	of	ADP
fbem-15617	1	61	the	the	DET
fbem-15617	1	62	volatility	volatility	NOUN
fbem-15617	1	63	of	of	ADP
fbem-15617	1	64	eu	eu	PROPN
fbem-15617	1	65	carbon	carbon	NOUN
fbem-15617	1	66	emission	emission	NOUN
fbem-15617	1	67	quota	quota	NOUN
fbem-15617	1	68	futures	future	NOUN
fbem-15617	1	69	is	be	AUX
fbem-15617	1	70	an	an	DET
fbem-15617	1	71	important	important	ADJ
fbem-15617	1	72	foundation	foundation	NOUN
fbem-15617	1	73	for	for	ADP
fbem-15617	1	74	pricing	price	VERB
fbem-15617	1	75	derivative	derivative	ADJ
fbem-15617	1	76	products	product	NOUN
fbem-15617	1	77	,	,	PUNCT
fbem-15617	1	78	portfolio	portfolio	NOUN
fbem-15617	1	79	allocation	allocation	NOUN
fbem-15617	1	80	,	,	PUNCT
fbem-15617	1	81	and	and	CCONJ
fbem-15617	1	82	risk	risk	NOUN
fbem-15617	1	83	management	management	NOUN
fbem-15617	1	84	.	.	PUNCT
fbem-15617	2	1	on	on	ADP
fbem-15617	2	2	the	the	DET
fbem-15617	2	3	basis	basis	NOUN
fbem-15617	2	4	of	of	ADP
fbem-15617	2	5	the	the	DET
fbem-15617	2	6	garch	garch	NOUN
fbem-15617	2	7	-	-	PUNCT
fbem-15617	2	8	midas	midas	PROPN
fbem-15617	2	9	model	model	NOUN
fbem-15617	2	10	involving	involve	VERB
fbem-15617	2	11	mixed	mixed	ADJ
fbem-15617	2	12	frequency	frequency	NOUN
fbem-15617	2	13	data	datum	NOUN
fbem-15617	2	14	sampling	sampling	NOUN
fbem-15617	2	15	,	,	PUNCT
fbem-15617	2	16	this	this	DET
fbem-15617	2	17	article	article	NOUN
fbem-15617	2	18	considers	consider	VERB
fbem-15617	2	19	the	the	DET
fbem-15617	2	20	spillover	spillover	ADJ
fbem-15617	2	21	effect	effect	NOUN
fbem-15617	2	22	of	of	ADP
fbem-15617	2	23	brent	brent	PROPN
fbem-15617	2	24	crude	crude	PROPN
fbem-15617	2	25	oil	oil	NOUN
fbem-15617	2	26	futures	future	NOUN
fbem-15617	2	27	market	market	NOUN
fbem-15617	2	28	on	on	ADP
fbem-15617	2	29	carbon	carbon	NOUN
fbem-15617	2	30	quota	quota	NOUN
fbem-15617	2	31	futures	future	NOUN
fbem-15617	2	32	market	market	NOUN
fbem-15617	2	33	,	,	PUNCT
fbem-15617	2	34	and	and	CCONJ
fbem-15617	2	35	incorporates	incorporate	VERB
fbem-15617	2	36	the	the	DET
fbem-15617	2	37	spillover	spillover	ADJ
fbem-15617	2	38	effect	effect	NOUN
fbem-15617	2	39	into	into	ADP
fbem-15617	2	40	the	the	DET
fbem-15617	2	41	prediction	prediction	NOUN
fbem-15617	2	42	of	of	ADP
fbem-15617	2	43	carbon	carbon	NOUN
fbem-15617	2	44	quota	quota	NOUN
fbem-15617	2	45	futures	future	NOUN
fbem-15617	2	46	volatility	volatility	NOUN
fbem-15617	2	47	to	to	PART
fbem-15617	2	48	construct	construct	VERB
fbem-15617	2	49	the	the	DET
fbem-15617	2	50	vs	vs	ADJ
fbem-15617	2	51	-	-	PUNCT
fbem-15617	2	52	garchmidas	garchmidas	ADJ
fbem-15617	2	53	model	model	NOUN
fbem-15617	2	54	.	.	PUNCT
fbem-15617	3	1	using	use	VERB
fbem-15617	3	2	the	the	DET
fbem-15617	3	3	monthly	monthly	ADJ
fbem-15617	3	4	realized	realize	VERB
fbem-15617	3	5	volatility	volatility	NOUN
fbem-15617	3	6	of	of	ADP
fbem-15617	3	7	brent	brent	PROPN
fbem-15617	3	8	crude	crude	PROPN
fbem-15617	3	9	oil	oil	NOUN
fbem-15617	3	10	futures	future	NOUN
fbem-15617	3	11	as	as	ADP
fbem-15617	3	12	a	a	DET
fbem-15617	3	13	proxy	proxy	NOUN
fbem-15617	3	14	variable	variable	NOUN
fbem-15617	3	15	to	to	PART
fbem-15617	3	16	reflect	reflect	VERB
fbem-15617	3	17	spillover	spillover	NOUN
fbem-15617	3	18	effects	effect	NOUN
fbem-15617	3	19	,	,	PUNCT
fbem-15617	3	20	empirical	empirical	ADJ
fbem-15617	3	21	results	result	NOUN
fbem-15617	3	22	indicate	indicate	VERB
fbem-15617	3	23	the	the	DET
fbem-15617	3	24	existence	existence	NOUN
fbem-15617	3	25	of	of	ADP
fbem-15617	3	26	a	a	DET
fbem-15617	3	27	one	one	NUM
fbem-15617	3	28	-	-	PUNCT
fbem-15617	3	29	way	way	NOUN
fbem-15617	3	30	spillover	spillover	ADJ
fbem-15617	3	31	effect	effect	NOUN
fbem-15617	3	32	of	of	ADP
fbem-15617	3	33	brent	brent	PROPN
fbem-15617	3	34	crude	crude	PROPN
fbem-15617	3	35	oil	oil	NOUN
fbem-15617	3	36	futures	future	NOUN
fbem-15617	3	37	market	market	NOUN
fbem-15617	3	38	on	on	ADP
fbem-15617	3	39	carbon	carbon	NOUN
fbem-15617	3	40	quota	quota	NOUN
fbem-15617	3	41	futures	future	NOUN
fbem-15617	3	42	market	market	NOUN
fbem-15617	3	43	.	.	PUNCT
fbem-15617	4	1	moreover	moreover	ADV
fbem-15617	4	2	,	,	PUNCT
fbem-15617	4	3	the	the	DET
fbem-15617	4	4	garch	garch	NOUN
fbem-15617	4	5	-	-	PUNCT
fbem-15617	4	6	midas	midas	PROPN
fbem-15617	4	7	model	model	NOUN
fbem-15617	4	8	considering	consider	VERB
fbem-15617	4	9	spillover	spillover	NOUN
fbem-15617	4	10	effects	effect	NOUN
fbem-15617	4	11	has	have	VERB
fbem-15617	4	12	better	well	ADJ
fbem-15617	4	13	in	in	ADP
fbem-15617	4	14	sample	sample	NOUN
fbem-15617	4	15	fitting	fitting	ADJ
fbem-15617	4	16	performance	performance	NOUN
fbem-15617	4	17	and	and	CCONJ
fbem-15617	4	18	stronger	strong	ADJ
fbem-15617	4	19	out	out	ADP
fbem-15617	4	20	of	of	ADP
fbem-15617	4	21	sample	sample	NOUN
fbem-15617	4	22	predictive	predictive	ADJ
fbem-15617	4	23	ability	ability	NOUN
fbem-15617	4	24	than	than	ADP
fbem-15617	4	25	the	the	DET
fbem-15617	4	26	original	original	ADJ
fbem-15617	4	27	garch	garch	NOUN
fbem-15617	4	28	-	-	PUNCT
fbem-15617	4	29	midas	midas	PROPN
fbem-15617	4	30	model	model	NOUN
fbem-15617	4	31	.	.	PUNCT
fbem-15617	5	1	to	to	PART
fbem-15617	5	2	ensure	ensure	VERB
fbem-15617	5	3	the	the	DET
fbem-15617	5	4	robustness	robustness	NOUN
fbem-15617	5	5	of	of	ADP
fbem-15617	5	6	this	this	DET
fbem-15617	5	7	conclusion	conclusion	NOUN
fbem-15617	5	8	,	,	PUNCT
fbem-15617	5	9	this	this	DET
fbem-15617	5	10	paper	paper	NOUN
fbem-15617	5	11	also	also	ADV
fbem-15617	5	12	investigates	investigate	VERB
fbem-15617	5	13	the	the	DET
fbem-15617	5	14	impact	impact	NOUN
fbem-15617	5	15	of	of	ADP
fbem-15617	5	16	spillover	spillover	NOUN
fbem-15617	5	17	effects	effect	NOUN
fbem-15617	5	18	generated	generate	VERB
fbem-15617	5	19	by	by	ADP
fbem-15617	5	20	wti	wti	PROPN
fbem-15617	5	21	crude	crude	PROPN
fbem-15617	5	22	oil	oil	NOUN
fbem-15617	5	23	futures	future	NOUN
fbem-15617	5	24	on	on	ADP
fbem-15617	5	25	the	the	DET
fbem-15617	5	26	volatility	volatility	NOUN
fbem-15617	5	27	of	of	ADP
fbem-15617	5	28	eua	eua	PROPN
fbem-15617	5	29	futures	future	NOUN
fbem-15617	5	30	,	,	PUNCT
fbem-15617	5	31	and	and	CCONJ
fbem-15617	5	32	concludes	conclude	VERB
fbem-15617	5	33	that	that	SCONJ
fbem-15617	5	34	the	the	DET
fbem-15617	5	35	garch	garch	NOUN
fbem-15617	5	36	-	-	PUNCT
fbem-15617	5	37	midas	midas	PROPN
fbem-15617	5	38	model	model	NOUN
fbem-15617	5	39	considering	consider	VERB
fbem-15617	5	40	spillover	spillover	NOUN
fbem-15617	5	41	effects	effect	NOUN
fbem-15617	5	42	can	can	AUX
fbem-15617	5	43	improve	improve	VERB
fbem-15617	5	44	the	the	DET
fbem-15617	5	45	prediction	prediction	NOUN
fbem-15617	5	46	accuracy	accuracy	NOUN
fbem-15617	5	47	of	of	ADP
fbem-15617	5	48	eua	eua	PROPN
fbem-15617	5	49	futures	future	NOUN
fbem-15617	5	50	volatility	volatility	NOUN
fbem-15617	5	51	.	.	PUNCT
fbem-15617	6	1	keywords	keyword	NOUN
fbem-15617	6	2	:	:	PUNCT
fbem-15617	6	3	brent	brent	PROPN
fbem-15617	6	4	crude	crude	PROPN
fbem-15617	6	5	oil	oil	NOUN
fbem-15617	6	6	futures	future	NOUN
fbem-15617	6	7	,	,	PUNCT
fbem-15617	6	8	eua	eua	PROPN
fbem-15617	6	9	futures	futures	PROPN
fbem-15617	6	10	,	,	PUNCT
fbem-15617	6	11	vs	vs	ADJ
fbem-15617	6	12	-	-	PUNCT
fbem-15617	6	13	garch	garch	NOUN
fbem-15617	6	14	-	-	PUNCT
fbem-15617	6	15	midas	midas	PROPN
fbem-15617	6	16	model	model	NOUN
fbem-15617	6	17	,	,	PUNCT
fbem-15617	6	18	volatility	volatility	NOUN
fbem-15617	6	19	prediction	prediction	NOUN
fbem-15617	6	20	.	.	PUNCT
fbem-15617	7	1	1	1	X
fbem-15617	7	2	.	.	X
fbem-15617	7	3	introduction	introduction	NOUN
fbem-15617	7	4	in	in	ADP
fbem-15617	7	5	order	order	NOUN
fbem-15617	7	6	to	to	PART
fbem-15617	7	7	promote	promote	VERB
fbem-15617	7	8	the	the	DET
fbem-15617	7	9	development	development	NOUN
fbem-15617	7	10	of	of	ADP
fbem-15617	7	11	china	china	PROPN
fbem-15617	7	12	's	's	PART
fbem-15617	7	13	low	low	ADJ
fbem-15617	7	14	-	-	PUNCT
fbem-15617	7	15	carbon	carbon	NOUN
fbem-15617	7	16	economy	economy	NOUN
fbem-15617	7	17	and	and	CCONJ
fbem-15617	7	18	curb	curb	VERB
fbem-15617	7	19	the	the	DET
fbem-15617	7	20	growth	growth	NOUN
fbem-15617	7	21	of	of	ADP
fbem-15617	7	22	energy	energy	NOUN
fbem-15617	7	23	consumption	consumption	NOUN
fbem-15617	7	24	,	,	PUNCT
fbem-15617	7	25	the	the	DET
fbem-15617	7	26	government	government	NOUN
fbem-15617	7	27	has	have	AUX
fbem-15617	7	28	proposed	propose	VERB
fbem-15617	7	29	the	the	DET
fbem-15617	7	30	vision	vision	NOUN
fbem-15617	7	31	of	of	ADP
fbem-15617	7	32	achieving	achieve	VERB
fbem-15617	7	33	the	the	DET
fbem-15617	7	34	"	"	PUNCT
fbem-15617	7	35	dual	dual	ADJ
fbem-15617	7	36	carbon	carbon	NOUN
fbem-15617	7	37	"	"	PUNCT
fbem-15617	7	38	goal	goal	NOUN
fbem-15617	7	39	.	.	PUNCT
fbem-15617	8	1	in	in	ADP
fbem-15617	8	2	this	this	DET
fbem-15617	8	3	context	context	NOUN
fbem-15617	8	4	,	,	PUNCT
fbem-15617	8	5	after	after	ADP
fbem-15617	8	6	ten	ten	NUM
fbem-15617	8	7	years	year	NOUN
fbem-15617	8	8	of	of	ADP
fbem-15617	8	9	regional	regional	ADJ
fbem-15617	8	10	pilot	pilot	NOUN
fbem-15617	8	11	projects	project	NOUN
fbem-15617	8	12	for	for	ADP
fbem-15617	8	13	carbon	carbon	NOUN
fbem-15617	8	14	emission	emission	NOUN
fbem-15617	8	15	quota	quota	NOUN
fbem-15617	8	16	trading	trading	NOUN
fbem-15617	8	17	,	,	PUNCT
fbem-15617	8	18	china	china	PROPN
fbem-15617	8	19	has	have	AUX
fbem-15617	8	20	established	establish	VERB
fbem-15617	8	21	a	a	DET
fbem-15617	8	22	unified	unified	ADJ
fbem-15617	8	23	carbon	carbon	NOUN
fbem-15617	8	24	emission	emission	NOUN
fbem-15617	8	25	quota	quota	NOUN
fbem-15617	8	26	trading	trading	NOUN
fbem-15617	8	27	market	market	NOUN
fbem-15617	8	28	.	.	PUNCT
fbem-15617	9	1	at	at	ADP
fbem-15617	9	2	the	the	DET
fbem-15617	9	3	beginning	beginning	NOUN
fbem-15617	9	4	of	of	ADP
fbem-15617	9	5	the	the	DET
fbem-15617	9	6	establishment	establishment	NOUN
fbem-15617	9	7	of	of	ADP
fbem-15617	9	8	china	china	PROPN
fbem-15617	9	9	's	's	PART
fbem-15617	9	10	national	national	ADJ
fbem-15617	9	11	carbon	carbon	NOUN
fbem-15617	9	12	trading	trading	NOUN
fbem-15617	9	13	market	market	NOUN
fbem-15617	9	14	,	,	PUNCT
fbem-15617	9	15	the	the	DET
fbem-15617	9	16	current	current	ADJ
fbem-15617	9	17	trading	trading	NOUN
fbem-15617	9	18	products	product	NOUN
fbem-15617	9	19	are	be	AUX
fbem-15617	9	20	limited	limit	VERB
fbem-15617	9	21	to	to	PART
fbem-15617	9	22	spot	spot	VERB
fbem-15617	9	23	carbon	carbon	NOUN
fbem-15617	9	24	emission	emission	NOUN
fbem-15617	9	25	quotas	quota	NOUN
fbem-15617	9	26	in	in	ADP
fbem-15617	9	27	the	the	DET
fbem-15617	9	28	power	power	NOUN
fbem-15617	9	29	industry	industry	NOUN
fbem-15617	9	30	,	,	PUNCT
fbem-15617	9	31	and	and	CCONJ
fbem-15617	9	32	the	the	DET
fbem-15617	9	33	limited	limited	ADJ
fbem-15617	9	34	variety	variety	NOUN
fbem-15617	9	35	of	of	ADP
fbem-15617	9	36	trading	trading	NOUN
fbem-15617	9	37	products	product	NOUN
fbem-15617	9	38	has	have	AUX
fbem-15617	9	39	led	lead	VERB
fbem-15617	9	40	to	to	ADP
fbem-15617	9	41	a	a	DET
fbem-15617	9	42	lack	lack	NOUN
fbem-15617	9	43	of	of	ADP
fbem-15617	9	44	liquidity	liquidity	NOUN
fbem-15617	9	45	in	in	ADP
fbem-15617	9	46	the	the	DET
fbem-15617	9	47	market	market	NOUN
fbem-15617	9	48	.	.	PUNCT
fbem-15617	10	1	the	the	DET
fbem-15617	10	2	driving	drive	VERB
fbem-15617	10	3	force	force	NOUN
fbem-15617	10	4	of	of	ADP
fbem-15617	10	5	spot	spot	NOUN
fbem-15617	10	6	price	price	NOUN
fbem-15617	10	7	changes	change	NOUN
fbem-15617	10	8	is	be	AUX
fbem-15617	10	9	insufficient	insufficient	ADJ
fbem-15617	10	10	,	,	PUNCT
fbem-15617	10	11	making	make	VERB
fbem-15617	10	12	it	it	PRON
fbem-15617	10	13	difficult	difficult	ADJ
fbem-15617	10	14	to	to	PART
fbem-15617	10	15	fully	fully	ADV
fbem-15617	10	16	utilize	utilize	VERB
fbem-15617	10	17	resource	resource	NOUN
fbem-15617	10	18	allocation	allocation	NOUN
fbem-15617	10	19	functions	function	NOUN
fbem-15617	10	20	,	,	PUNCT
fbem-15617	10	21	and	and	CCONJ
fbem-15617	10	22	the	the	DET
fbem-15617	10	23	efficiency	efficiency	NOUN
fbem-15617	10	24	of	of	ADP
fbem-15617	10	25	carbon	carbon	NOUN
fbem-15617	10	26	trading	trading	NOUN
fbem-15617	10	27	market	market	NOUN
fbem-15617	10	28	operation	operation	NOUN
fbem-15617	10	29	is	be	AUX
fbem-15617	10	30	low	low	ADJ
fbem-15617	10	31	.	.	PUNCT
fbem-15617	11	1	developing	develop	VERB
fbem-15617	11	2	carbon	carbon	NOUN
fbem-15617	11	3	financial	financial	ADJ
fbem-15617	11	4	derivative	derivative	ADJ
fbem-15617	11	5	products	product	NOUN
fbem-15617	11	6	target	target	VERB
fbem-15617	11	7	to	to	PART
fbem-15617	11	8	improve	improve	VERB
fbem-15617	11	9	the	the	DET
fbem-15617	11	10	liquidity	liquidity	NOUN
fbem-15617	11	11	of	of	ADP
fbem-15617	11	12	carbon	carbon	NOUN
fbem-15617	11	13	trading	trading	NOUN
fbem-15617	11	14	market	market	NOUN
fbem-15617	11	15	and	and	CCONJ
fbem-15617	11	16	provide	provide	VERB
fbem-15617	11	17	risk	risk	NOUN
fbem-15617	11	18	avoidance	avoidance	NOUN
fbem-15617	11	19	functions	function	NOUN
fbem-15617	11	20	for	for	ADP
fbem-15617	11	21	carbon	carbon	NOUN
fbem-15617	11	22	emission	emission	NOUN
fbem-15617	11	23	reduction	reduction	NOUN
fbem-15617	11	24	enterprises	enterprise	NOUN
fbem-15617	11	25	can	can	AUX
fbem-15617	11	26	help	help	VERB
fbem-15617	11	27	to	to	PART
fbem-15617	11	28	improve	improve	VERB
fbem-15617	11	29	the	the	DET
fbem-15617	11	30	diversified	diversify	VERB
fbem-15617	11	31	development	development	NOUN
fbem-15617	11	32	of	of	ADP
fbem-15617	11	33	carbon	carbon	NOUN
fbem-15617	11	34	trading	trading	NOUN
fbem-15617	11	35	market	market	NOUN
fbem-15617	11	36	.	.	PUNCT
fbem-15617	12	1	the	the	DET
fbem-15617	12	2	european	european	PROPN
fbem-15617	12	3	union	union	PROPN
fbem-15617	12	4	carbon	carbon	NOUN
fbem-15617	12	5	trading	trading	NOUN
fbem-15617	12	6	system	system	NOUN
fbem-15617	12	7	(	(	PUNCT
fbem-15617	12	8	eu	eu	PROPN
fbem-15617	12	9	ets	et	NOUN
fbem-15617	12	10	)	)	PUNCT
fbem-15617	12	11	is	be	AUX
fbem-15617	12	12	currently	currently	ADV
fbem-15617	12	13	the	the	DET
fbem-15617	12	14	most	most	ADV
fbem-15617	12	15	well	well	ADV
fbem-15617	12	16	-	-	PUNCT
fbem-15617	12	17	developed	develop	VERB
fbem-15617	12	18	carbon	carbon	NOUN
fbem-15617	12	19	trading	trading	NOUN
fbem-15617	12	20	system	system	NOUN
fbem-15617	12	21	,	,	PUNCT
fbem-15617	12	22	with	with	ADP
fbem-15617	12	23	carbon	carbon	NOUN
fbem-15617	12	24	emission	emission	NOUN
fbem-15617	12	25	quota	quota	NOUN
fbem-15617	12	26	spot	spot	NOUN
fbem-15617	12	27	(	(	PUNCT
fbem-15617	12	28	eua	eua	PROPN
fbem-15617	12	29	)	)	PUNCT
fbem-15617	12	30	and	and	CCONJ
fbem-15617	12	31	carbon	carbon	NOUN
fbem-15617	12	32	emission	emission	NOUN
fbem-15617	12	33	quota	quota	NOUN
fbem-15617	12	34	futures	future	NOUN
fbem-15617	12	35	(	(	PUNCT
fbem-15617	12	36	eua	eua	PROPN
fbem-15617	12	37	futures	futures	PROPN
fbem-15617	12	38	)	)	PUNCT
fbem-15617	12	39	being	be	AUX
fbem-15617	12	40	the	the	DET
fbem-15617	12	41	main	main	ADJ
fbem-15617	12	42	trading	trading	NOUN
fbem-15617	12	43	products	product	NOUN
fbem-15617	12	44	under	under	ADP
fbem-15617	12	45	this	this	DET
fbem-15617	12	46	system	system	NOUN
fbem-15617	12	47	.	.	PUNCT
fbem-15617	13	1	carbon	carbon	NOUN
fbem-15617	13	2	futures	future	NOUN
fbem-15617	13	3	can	can	AUX
fbem-15617	13	4	help	help	VERB
fbem-15617	13	5	companies	company	NOUN
fbem-15617	13	6	lock	lock	VERB
fbem-15617	13	7	in	in	ADP
fbem-15617	13	8	spot	spot	NOUN
fbem-15617	13	9	prices	price	NOUN
fbem-15617	13	10	in	in	ADP
fbem-15617	13	11	advance	advance	NOUN
fbem-15617	13	12	and	and	CCONJ
fbem-15617	13	13	are	be	AUX
fbem-15617	13	14	a	a	DET
fbem-15617	13	15	powerful	powerful	ADJ
fbem-15617	13	16	tool	tool	NOUN
fbem-15617	13	17	for	for	ADP
fbem-15617	13	18	carbon	carbon	NOUN
fbem-15617	13	19	reduction	reduction	NOUN
fbem-15617	13	20	companies	company	NOUN
fbem-15617	13	21	to	to	PART
fbem-15617	13	22	avoid	avoid	VERB
fbem-15617	13	23	risks	risk	NOUN
fbem-15617	13	24	.	.	PUNCT
fbem-15617	14	1	the	the	DET
fbem-15617	14	2	main	main	ADJ
fbem-15617	14	3	exchange	exchange	NOUN
fbem-15617	14	4	of	of	ADP
fbem-15617	14	5	eua	eua	PROPN
fbem-15617	14	6	futures	futures	PROPN
fbem-15617	14	7	,	,	PUNCT
fbem-15617	14	8	the	the	DET
fbem-15617	14	9	intercontinental	intercontinental	ADJ
fbem-15617	14	10	exchange	exchange	NOUN
fbem-15617	14	11	of	of	ADP
fbem-15617	14	12	london	london	PROPN
fbem-15617	14	13	(	(	PUNCT
fbem-15617	14	14	ice	ice	NOUN
fbem-15617	14	15	)	)	PUNCT
fbem-15617	14	16	,	,	PUNCT
fbem-15617	14	17	has	have	AUX
fbem-15617	14	18	developed	develop	VERB
fbem-15617	14	19	option	option	NOUN
fbem-15617	14	20	products	product	NOUN
fbem-15617	14	21	based	base	VERB
fbem-15617	14	22	on	on	ADP
fbem-15617	14	23	eua	eua	PROPN
fbem-15617	14	24	futures	futures	PROPN
fbem-15617	14	25	.	.	PUNCT
fbem-15617	15	1	on	on	ADP
fbem-15617	15	2	the	the	DET
fbem-15617	15	3	one	one	NUM
fbem-15617	15	4	hand	hand	NOUN
fbem-15617	15	5	,	,	PUNCT
fbem-15617	15	6	accurate	accurate	ADJ
fbem-15617	15	7	prediction	prediction	NOUN
fbem-15617	15	8	of	of	ADP
fbem-15617	15	9	the	the	DET
fbem-15617	15	10	volatility	volatility	NOUN
fbem-15617	15	11	of	of	ADP
fbem-15617	15	12	eua	eua	PROPN
fbem-15617	15	13	futures	future	NOUN
fbem-15617	15	14	can	can	AUX
fbem-15617	15	15	help	help	VERB
fbem-15617	15	16	market	market	NOUN
fbem-15617	15	17	managers	manager	NOUN
fbem-15617	15	18	price	price	NOUN
fbem-15617	15	19	eua	eua	PROPN
fbem-15617	15	20	option	option	NOUN
fbem-15617	15	21	products	product	NOUN
fbem-15617	15	22	;	;	PUNCT
fbem-15617	15	23	on	on	ADP
fbem-15617	15	24	the	the	DET
fbem-15617	15	25	other	other	ADJ
fbem-15617	15	26	hand	hand	NOUN
fbem-15617	15	27	,	,	PUNCT
fbem-15617	15	28	it	it	PRON
fbem-15617	15	29	can	can	AUX
fbem-15617	15	30	provide	provide	VERB
fbem-15617	15	31	reference	reference	NOUN
fbem-15617	15	32	for	for	ADP
fbem-15617	15	33	investment	investment	NOUN
fbem-15617	15	34	portfolio	portfolio	NOUN
fbem-15617	15	35	allocation	allocation	NOUN
fbem-15617	15	36	and	and	CCONJ
fbem-15617	15	37	risk	risk	NOUN
fbem-15617	15	38	management	management	NOUN
fbem-15617	15	39	for	for	ADP
fbem-15617	15	40	participants	participant	NOUN
fbem-15617	15	41	in	in	ADP
fbem-15617	15	42	the	the	DET
fbem-15617	15	43	carbon	carbon	NOUN
fbem-15617	15	44	trading	trading	NOUN
fbem-15617	15	45	system	system	NOUN
fbem-15617	15	46	,	,	PUNCT
fbem-15617	15	47	except	except	SCONJ
fbem-15617	15	48	for	for	ADP
fbem-15617	15	49	carbon	carbon	NOUN
fbem-15617	15	50	reduction	reduction	NOUN
fbem-15617	15	51	enterprises	enterprise	NOUN
fbem-15617	15	52	.	.	PUNCT
fbem-15617	16	1	2	2	X
fbem-15617	16	2	.	.	X
fbem-15617	16	3	literature	literature	NOUN
fbem-15617	16	4	review	review	NOUN
fbem-15617	16	5	regarding	regard	VERB
fbem-15617	16	6	the	the	DET
fbem-15617	16	7	modeling	modeling	NOUN
fbem-15617	16	8	and	and	CCONJ
fbem-15617	16	9	prediction	prediction	NOUN
fbem-15617	16	10	of	of	ADP
fbem-15617	16	11	volatility	volatility	NOUN
fbem-15617	16	12	in	in	ADP
fbem-15617	16	13	the	the	DET
fbem-15617	16	14	stock	stock	NOUN
fbem-15617	16	15	market	market	NOUN
fbem-15617	16	16	,	,	PUNCT
fbem-15617	16	17	due	due	ADP
fbem-15617	16	18	to	to	ADP
fbem-15617	16	19	the	the	DET
fbem-15617	16	20	characteristics	characteristic	NOUN
fbem-15617	16	21	of	of	ADP
fbem-15617	16	22	sharp	sharp	ADJ
fbem-15617	16	23	peaks	peak	NOUN
fbem-15617	16	24	,	,	PUNCT
fbem-15617	16	25	thick	thick	ADJ
fbem-15617	16	26	tails	tail	NOUN
fbem-15617	16	27	,	,	PUNCT
fbem-15617	16	28	conditional	conditional	ADJ
fbem-15617	16	29	heteroscedasticity	heteroscedasticity	NOUN
fbem-15617	16	30	,	,	PUNCT
fbem-15617	16	31	and	and	CCONJ
fbem-15617	16	32	time	time	NOUN
fbem-15617	16	33	-	-	PUNCT
fbem-15617	16	34	varying	vary	VERB
fbem-15617	16	35	and	and	CCONJ
fbem-15617	16	36	clustering	clustering	ADJ
fbem-15617	16	37	characteristics	characteristic	NOUN
fbem-15617	16	38	of	of	ADP
fbem-15617	16	39	volatility	volatility	NOUN
fbem-15617	16	40	,	,	PUNCT
fbem-15617	16	41	the	the	DET
fbem-15617	16	42	generalized	generalize	VERB
fbem-15617	16	43	autoregressive	autoregressive	ADJ
fbem-15617	16	44	conditional	conditional	ADJ
fbem-15617	16	45	heteroscedasticity	heteroscedasticity	NOUN
fbem-15617	16	46	(	(	PUNCT
fbem-15617	16	47	garch	garch	NOUN
fbem-15617	16	48	)	)	PUNCT
fbem-15617	16	49	model	model	NOUN
fbem-15617	16	50	and	and	CCONJ
fbem-15617	16	51	stochastic	stochastic	ADJ
fbem-15617	16	52	volatility	volatility	NOUN
fbem-15617	16	53	(	(	PUNCT
fbem-15617	16	54	sv	sv	NOUN
fbem-15617	16	55	)	)	PUNCT
fbem-15617	16	56	model	model	NOUN
fbem-15617	16	57	are	be	AUX
fbem-15617	16	58	commonly	commonly	ADV
fbem-15617	16	59	used	use	VERB
fbem-15617	16	60	to	to	PART
fbem-15617	16	61	describe	describe	VERB
fbem-15617	16	62	the	the	DET
fbem-15617	16	63	dynamic	dynamic	ADJ
fbem-15617	16	64	changes	change	NOUN
fbem-15617	16	65	in	in	ADP
fbem-15617	16	66	financial	financial	ADJ
fbem-15617	16	67	time	time	NOUN
fbem-15617	16	68	series	series	PROPN
fbem-15617	16	69	data	data	PROPN
fbem-15617	16	70	.	.	PUNCT
fbem-15617	17	1	garch	garch	NOUN
fbem-15617	17	2	models	model	NOUN
fbem-15617	17	3	,	,	PUNCT
fbem-15617	17	4	due	due	ADP
fbem-15617	17	5	to	to	ADP
fbem-15617	17	6	their	their	PRON
fbem-15617	17	7	concise	concise	ADJ
fbem-15617	17	8	form	form	NOUN
fbem-15617	17	9	and	and	CCONJ
fbem-15617	17	10	easy	easy	ADJ
fbem-15617	17	11	implementation	implementation	NOUN
fbem-15617	17	12	of	of	ADP
fbem-15617	17	13	parameter	parameter	NOUN
fbem-15617	17	14	estimation	estimation	NOUN
fbem-15617	17	15	,	,	PUNCT
fbem-15617	17	16	have	have	AUX
fbem-15617	17	17	become	become	VERB
fbem-15617	17	18	more	more	ADV
fbem-15617	17	19	widely	widely	ADV
fbem-15617	17	20	used	use	VERB
fbem-15617	17	21	models	model	NOUN
fbem-15617	17	22	for	for	ADP
fbem-15617	17	23	modeling	modeling	NOUN
fbem-15617	17	24	and	and	CCONJ
fbem-15617	17	25	predicting	predict	VERB
fbem-15617	17	26	stock	stock	NOUN
fbem-15617	17	27	market	market	NOUN
fbem-15617	17	28	volatility	volatility	NOUN
fbem-15617	17	29	.	.	PUNCT
fbem-15617	18	1	byun	byun	NOUN
fbem-15617	18	2	and	and	CCONJ
fbem-15617	18	3	cho	cho	PROPN
fbem-15617	18	4	(	(	PUNCT
fbem-15617	18	5	2013	2013	NUM
fbem-15617	18	6	)	)	PUNCT
fbem-15617	18	7	conducted	conduct	VERB
fbem-15617	18	8	an	an	DET
fbem-15617	18	9	empirical	empirical	ADJ
fbem-15617	18	10	study	study	NOUN
fbem-15617	18	11	using	use	VERB
fbem-15617	18	12	the	the	DET
fbem-15617	18	13	daily	daily	ADJ
fbem-15617	18	14	data	datum	NOUN
fbem-15617	18	15	of	of	ADP
fbem-15617	18	16	eua	eua	PROPN
fbem-15617	18	17	futures	future	NOUN
fbem-15617	18	18	in	in	ADP
fbem-15617	18	19	the	the	DET
fbem-15617	18	20	second	second	ADJ
fbem-15617	18	21	stage	stage	NOUN
fbem-15617	18	22	of	of	ADP
fbem-15617	18	23	eu	eu	PROPN
fbem-15617	18	24	ets	ets	PROPN
fbem-15617	18	25	.	.	PUNCT
fbem-15617	19	1	the	the	DET
fbem-15617	19	2	results	result	NOUN
fbem-15617	19	3	showed	show	VERB
fbem-15617	19	4	that	that	SCONJ
fbem-15617	19	5	compared	compare	VERB
fbem-15617	19	6	with	with	ADP
fbem-15617	19	7	the	the	DET
fbem-15617	19	8	implied	imply	VERB
fbem-15617	19	9	volatility	volatility	NOUN
fbem-15617	19	10	of	of	ADP
fbem-15617	19	11	carbon	carbon	NOUN
fbem-15617	19	12	option	option	NOUN
fbem-15617	19	13	prices	price	NOUN
fbem-15617	19	14	and	and	CCONJ
fbem-15617	19	15	k	k	NOUN
fbem-15617	19	16	-	-	PUNCT
fbem-15617	19	17	nearest	near	ADJ
fbem-15617	19	18	neighbor	neighbor	NOUN
fbem-15617	19	19	models	model	NOUN
fbem-15617	19	20	,	,	PUNCT
fbem-15617	19	21	garch	garch	NOUN
fbem-15617	19	22	models	model	NOUN
fbem-15617	19	23	had	have	VERB
fbem-15617	19	24	better	well	ADJ
fbem-15617	19	25	predictive	predictive	ADJ
fbem-15617	19	26	ability	ability	NOUN
fbem-15617	19	27	for	for	ADP
fbem-15617	19	28	eua	eua	PROPN
fbem-15617	19	29	futures	future	NOUN
fbem-15617	19	30	volatility	volatility	NOUN
fbem-15617	19	31	.	.	PUNCT
fbem-15617	20	1	however	however	ADV
fbem-15617	20	2	,	,	PUNCT
fbem-15617	20	3	traditional	traditional	ADJ
fbem-15617	20	4	garch	garch	NOUN
fbem-15617	20	5	models	model	NOUN
fbem-15617	20	6	,	,	PUNCT
fbem-15617	20	7	such	such	ADJ
fbem-15617	20	8	as	as	ADP
fbem-15617	20	9	garch	garch	NOUN
fbem-15617	20	10	models	model	NOUN
fbem-15617	20	11	,	,	PUNCT
fbem-15617	20	12	egarch	egarch	NOUN
fbem-15617	20	13	models	model	NOUN
fbem-15617	20	14	that	that	PRON
fbem-15617	20	15	depict	depict	VERB
fbem-15617	20	16	stock	stock	NOUN
fbem-15617	20	17	market	market	NOUN
fbem-15617	20	18	leverage	leverage	NOUN
fbem-15617	20	19	effects	effect	NOUN
fbem-15617	20	20	,	,	PUNCT
fbem-15617	20	21	and	and	CCONJ
fbem-15617	20	22	gjr	gjr	NOUN
fbem-15617	20	23	garch	garch	NOUN
fbem-15617	20	24	models	model	NOUN
fbem-15617	20	25	,	,	PUNCT
fbem-15617	20	26	typically	typically	ADV
fbem-15617	20	27	only	only	ADV
fbem-15617	20	28	model	model	NOUN
fbem-15617	20	29	volatility	volatility	NOUN
fbem-15617	20	30	based	base	VERB
fbem-15617	20	31	on	on	ADP
fbem-15617	20	32	daily	daily	ADJ
fbem-15617	20	33	data	datum	NOUN
fbem-15617	20	34	of	of	ADP
fbem-15617	20	35	stock	stock	NOUN
fbem-15617	20	36	returns	return	NOUN
fbem-15617	20	37	,	,	PUNCT
fbem-15617	20	38	making	make	VERB
fbem-15617	20	39	it	it	PRON
fbem-15617	20	40	difficult	difficult	ADJ
fbem-15617	20	41	to	to	PART
fbem-15617	20	42	characterize	characterize	VERB
fbem-15617	20	43	the	the	DET
fbem-15617	20	44	impact	impact	NOUN
fbem-15617	20	45	of	of	ADP
fbem-15617	20	46	other	other	ADJ
fbem-15617	20	47	lowfrequency	lowfrequency	NOUN
fbem-15617	20	48	variables	variable	NOUN
fbem-15617	20	49	on	on	ADP
fbem-15617	20	50	stock	stock	NOUN
fbem-15617	20	51	volatility	volatility	NOUN
fbem-15617	20	52	.	.	PUNCT
fbem-15617	21	1	ignoring	ignore	VERB
fbem-15617	21	2	the	the	DET
fbem-15617	21	3	role	role	NOUN
fbem-15617	21	4	of	of	ADP
fbem-15617	21	5	low	low	ADJ
fbem-15617	21	6	-	-	PUNCT
fbem-15617	21	7	frequency	frequency	NOUN
fbem-15617	21	8	variables	variable	NOUN
fbem-15617	21	9	,	,	PUNCT
fbem-15617	21	10	garch	garch	NOUN
fbem-15617	21	11	models	model	NOUN
fbem-15617	21	12	have	have	VERB
fbem-15617	21	13	certain	certain	ADJ
fbem-15617	21	14	shortcomings	shortcoming	NOUN
fbem-15617	21	15	in	in	ADP
fbem-15617	21	16	predicting	predict	VERB
fbem-15617	21	17	volatility	volatility	NOUN
fbem-15617	21	18	.	.	PUNCT
fbem-15617	22	1	on	on	ADP
fbem-15617	22	2	this	this	DET
fbem-15617	22	3	basis	basis	NOUN
fbem-15617	22	4	,	,	PUNCT
fbem-15617	22	5	ghysels	ghysel	NOUN
fbem-15617	22	6	(	(	PUNCT
fbem-15617	22	7	2004	2004	NUM
fbem-15617	22	8	)	)	PUNCT
fbem-15617	22	9	first	first	ADV
fbem-15617	22	10	proposed	propose	VERB
fbem-15617	22	11	the	the	DET
fbem-15617	22	12	mixed	mixed	ADJ
fbem-15617	22	13	frequency	frequency	NOUN
fbem-15617	22	14	data	datum	NOUN
fbem-15617	22	15	sampling	sample	VERB
fbem-15617	22	16	(	(	PUNCT
fbem-15617	22	17	midas	midas	PROPN
fbem-15617	22	18	)	)	PUNCT
fbem-15617	22	19	regression	regression	NOUN
fbem-15617	22	20	model	model	NOUN
fbem-15617	22	21	,	,	PUNCT
fbem-15617	22	22	which	which	PRON
fbem-15617	22	23	involves	involve	VERB
fbem-15617	22	24	time	time	NOUN
fbem-15617	22	25	series	series	PROPN
fbem-15617	22	26	data	datum	NOUN
fbem-15617	22	27	sampled	sample	VERB
fbem-15617	22	28	at	at	ADP
fbem-15617	22	29	different	different	ADJ
fbem-15617	22	30	frequencies	frequency	NOUN
fbem-15617	22	31	.	.	PUNCT
fbem-15617	23	1	due	due	ADP
fbem-15617	23	2	to	to	ADP
fbem-15617	23	3	the	the	DET
fbem-15617	23	4	potential	potential	ADJ
fbem-15617	23	5	loss	loss	NOUN
fbem-15617	23	6	of	of	ADP
fbem-15617	23	7	effective	effective	ADJ
fbem-15617	23	8	information	information	NOUN
fbem-15617	23	9	caused	cause	VERB
fbem-15617	23	10	by	by	ADP
fbem-15617	23	11	reducing	reduce	VERB
fbem-15617	23	12	high	high	ADJ
fbem-15617	23	13	-	-	PUNCT
fbem-15617	23	14	frequency	frequency	NOUN
fbem-15617	23	15	data	datum	NOUN
fbem-15617	23	16	to	to	ADP
fbem-15617	23	17	low	low	ADJ
fbem-15617	23	18	-	-	PUNCT
fbem-15617	23	19	frequency	frequency	NOUN
fbem-15617	23	20	variables	variable	NOUN
fbem-15617	23	21	,	,	PUNCT
fbem-15617	23	22	empirical	empirical	ADJ
fbem-15617	23	23	studies	study	NOUN
fbem-15617	23	24	have	have	AUX
fbem-15617	23	25	shown	show	VERB
fbem-15617	23	26	that	that	PRON
fbem-15617	23	27	parameter	parameter	NOUN
fbem-15617	23	28	estimation	estimation	NOUN
fbem-15617	23	29	in	in	ADP
fbem-15617	23	30	midas	midas	PROPN
fbem-15617	23	31	regression	regression	PROPN
fbem-15617	23	32	considering	consider	VERB
fbem-15617	23	33	mixed	mixed	ADJ
fbem-15617	23	34	frequency	frequency	NOUN
fbem-15617	23	35	data	datum	NOUN
fbem-15617	23	36	is	be	AUX
fbem-15617	23	37	more	more	ADV
fbem-15617	23	38	effective	effective	ADJ
fbem-15617	23	39	than	than	ADP
fbem-15617	23	40	low	low	ADJ
fbem-15617	23	41	-	-	PUNCT
fbem-15617	23	42	frequency	frequency	NOUN
fbem-15617	23	43	data	datum	NOUN
fbem-15617	23	44	regression	regression	NOUN
fbem-15617	23	45	,	,	PUNCT
fbem-15617	23	46	thus	thus	ADV
fbem-15617	23	47	enabling	enable	VERB
fbem-15617	23	48	more	more	ADV
fbem-15617	23	49	accurate	accurate	ADJ
fbem-15617	23	50	prediction	prediction	NOUN
fbem-15617	23	51	of	of	ADP
fbem-15617	23	52	volatility	volatility	NOUN
fbem-15617	23	53	.	.	PUNCT
fbem-15617	24	1	engle	engle	PROPN
fbem-15617	24	2	(	(	PUNCT
fbem-15617	24	3	2013	2013	NUM
fbem-15617	24	4	)	)	PUNCT
fbem-15617	24	5	combined	combine	VERB
fbem-15617	24	6	mixed	mixed	ADJ
fbem-15617	24	7	frequency	frequency	NOUN
fbem-15617	24	8	data	datum	NOUN
fbem-15617	24	9	sampling	sample	VERB
fbem-15617	24	10	with	with	ADP
fbem-15617	24	11	garch	garch	NOUN
fbem-15617	24	12	models	model	NOUN
fbem-15617	24	13	that	that	PRON
fbem-15617	24	14	decompose	decompose	VERB
fbem-15617	24	15	volatility	volatility	NOUN
fbem-15617	24	16	into	into	ADP
fbem-15617	24	17	long	long	ADJ
fbem-15617	24	18	and	and	CCONJ
fbem-15617	24	19	short	short	ADJ
fbem-15617	24	20	-	-	PUNCT
fbem-15617	24	21	term	term	NOUN
fbem-15617	24	22	components	component	NOUN
fbem-15617	24	23	to	to	PART
fbem-15617	24	24	characterize	characterize	VERB
fbem-15617	24	25	the	the	DET
fbem-15617	24	26	impact	impact	NOUN
fbem-15617	24	27	of	of	ADP
fbem-15617	24	28	low	low	ADJ
fbem-15617	24	29	-	-	PUNCT
fbem-15617	24	30	frequency	frequency	NOUN
fbem-15617	24	31	macroeconomic	macroeconomic	ADJ
fbem-15617	24	32	or	or	CCONJ
fbem-15617	24	33	financial	financial	ADJ
fbem-15617	24	34	variables	variable	NOUN
fbem-15617	24	35	on	on	ADP
fbem-15617	24	36	asset	asset	NOUN
fbem-15617	24	37	volatility	volatility	NOUN
fbem-15617	24	38	,	,	PUNCT
fbem-15617	24	39	known	know	VERB
fbem-15617	24	40	as	as	ADP
fbem-15617	24	41	the	the	DET
fbem-15617	24	42	garchmidas	garchmidas	ADJ
fbem-15617	24	43	model	model	NOUN
fbem-15617	24	44	.	.	PUNCT
fbem-15617	25	1	this	this	DET
fbem-15617	25	2	model	model	NOUN
fbem-15617	25	3	decomposes	decompose	VERB
fbem-15617	25	4	volatility	volatility	NOUN
fbem-15617	25	5	into	into	ADP
fbem-15617	25	6	shortterm	shortterm	PROPN
fbem-15617	25	7	components	component	NOUN
fbem-15617	25	8	and	and	CCONJ
fbem-15617	25	9	long	long	ADJ
fbem-15617	25	10	-	-	PUNCT
fbem-15617	25	11	term	term	NOUN
fbem-15617	25	12	components	component	NOUN
fbem-15617	25	13	measured	measure	VERB
fbem-15617	25	14	by	by	ADP
fbem-15617	25	15	monthly	monthly	ADJ
fbem-15617	25	16	realized	realize	VERB
fbem-15617	25	17	volatility	volatility	NOUN
fbem-15617	25	18	.	.	PUNCT
fbem-15617	26	1	through	through	ADP
fbem-15617	26	2	variance	variance	NOUN
fbem-15617	26	3	ratio	ratio	NOUN
fbem-15617	26	4	,	,	PUNCT
fbem-15617	26	5	it	it	PRON
fbem-15617	26	6	is	be	AUX
fbem-15617	26	7	concluded	conclude	VERB
fbem-15617	26	8	that	that	SCONJ
fbem-15617	26	9	the	the	DET
fbem-15617	26	10	long	long	ADJ
fbem-15617	26	11	-	-	PUNCT
fbem-15617	26	12	term	term	NOUN
fbem-15617	26	13	component	component	NOUN
fbem-15617	26	14	contributes	contribute	VERB
fbem-15617	26	15	about	about	ADP
fbem-15617	26	16	30	30	NUM
fbem-15617	26	17	%	%	NOUN
fbem-15617	26	18	273	273	NUM
fbem-15617	26	19	to	to	ADP
fbem-15617	26	20	volatility	volatility	NOUN
fbem-15617	26	21	prediction	prediction	NOUN
fbem-15617	26	22	.	.	PUNCT
fbem-15617	27	1	it	it	PRON
fbem-15617	27	2	can	can	AUX
fbem-15617	27	3	be	be	AUX
fbem-15617	27	4	seen	see	VERB
fbem-15617	27	5	that	that	SCONJ
fbem-15617	27	6	the	the	DET
fbem-15617	27	7	long	long	ADJ
fbem-15617	27	8	-	-	PUNCT
fbem-15617	27	9	term	term	NOUN
fbem-15617	27	10	component	component	NOUN
fbem-15617	27	11	driven	drive	VERB
fbem-15617	27	12	by	by	ADP
fbem-15617	27	13	low	low	ADJ
fbem-15617	27	14	-	-	PUNCT
fbem-15617	27	15	frequency	frequency	NOUN
fbem-15617	27	16	variables	variable	NOUN
fbem-15617	27	17	plays	play	VERB
fbem-15617	27	18	an	an	DET
fbem-15617	27	19	important	important	ADJ
fbem-15617	27	20	role	role	NOUN
fbem-15617	27	21	in	in	ADP
fbem-15617	27	22	accurate	accurate	ADJ
fbem-15617	27	23	volatility	volatility	NOUN
fbem-15617	27	24	prediction	prediction	NOUN
fbem-15617	27	25	.	.	PUNCT
fbem-15617	28	1	zheng	zheng	PROPN
fbem-15617	28	2	tingguo	tingguo	PROPN
fbem-15617	28	3	(	(	PUNCT
fbem-15617	28	4	2014	2014	NUM
fbem-15617	28	5	)	)	PUNCT
fbem-15617	28	6	introduced	introduce	VERB
fbem-15617	28	7	macroeconomic	macroeconomic	ADJ
fbem-15617	28	8	variables	variable	NOUN
fbem-15617	28	9	into	into	ADP
fbem-15617	28	10	the	the	DET
fbem-15617	28	11	single	single	ADJ
fbem-15617	28	12	factor	factor	NOUN
fbem-15617	28	13	garch	garch	NOUN
fbem-15617	28	14	-	-	PUNCT
fbem-15617	28	15	midas	midas	PROPN
fbem-15617	28	16	model	model	NOUN
fbem-15617	28	17	to	to	PART
fbem-15617	28	18	obtain	obtain	VERB
fbem-15617	28	19	a	a	DET
fbem-15617	28	20	multi	multi	ADJ
fbem-15617	28	21	factor	factor	NOUN
fbem-15617	28	22	garch	garch	NOUN
fbem-15617	28	23	-	-	PUNCT
fbem-15617	28	24	midas	midas	PROPN
fbem-15617	28	25	model	model	NOUN
fbem-15617	28	26	.	.	PUNCT
fbem-15617	29	1	empirical	empirical	ADJ
fbem-15617	29	2	results	result	NOUN
fbem-15617	29	3	showed	show	VERB
fbem-15617	29	4	that	that	SCONJ
fbem-15617	29	5	the	the	DET
fbem-15617	29	6	multi	multi	ADJ
fbem-15617	29	7	factor	factor	NOUN
fbem-15617	29	8	garch	garch	NOUN
fbem-15617	29	9	-	-	PUNCT
fbem-15617	29	10	midas	midas	PROPN
fbem-15617	29	11	model	model	NOUN
fbem-15617	29	12	had	have	VERB
fbem-15617	29	13	better	well	ADJ
fbem-15617	29	14	predictive	predictive	ADJ
fbem-15617	29	15	performance	performance	NOUN
fbem-15617	29	16	than	than	ADP
fbem-15617	29	17	the	the	DET
fbem-15617	29	18	single	single	ADJ
fbem-15617	29	19	factor	factor	NOUN
fbem-15617	29	20	garch	garch	NOUN
fbem-15617	29	21	-	-	PUNCT
fbem-15617	29	22	midas	midas	PROPN
fbem-15617	29	23	model	model	NOUN
fbem-15617	29	24	.	.	PUNCT
fbem-15617	30	1	subsequently	subsequently	ADV
fbem-15617	30	2	,	,	PUNCT
fbem-15617	30	3	many	many	ADJ
fbem-15617	30	4	scholars	scholar	NOUN
fbem-15617	30	5	have	have	AUX
fbem-15617	30	6	expanded	expand	VERB
fbem-15617	30	7	the	the	DET
fbem-15617	30	8	garchmidas	garchmidas	ADJ
fbem-15617	30	9	model	model	NOUN
fbem-15617	30	10	to	to	PART
fbem-15617	30	11	conduct	conduct	VERB
fbem-15617	30	12	a	a	DET
fbem-15617	30	13	series	series	NOUN
fbem-15617	30	14	of	of	ADP
fbem-15617	30	15	studies	study	NOUN
fbem-15617	30	16	on	on	ADP
fbem-15617	30	17	the	the	DET
fbem-15617	30	18	volatility	volatility	NOUN
fbem-15617	30	19	of	of	ADP
fbem-15617	30	20	financial	financial	ADJ
fbem-15617	30	21	assets	asset	NOUN
fbem-15617	30	22	.	.	PUNCT
fbem-15617	31	1	lei	lei	PROPN
fbem-15617	31	2	likun	likun	PROPN
fbem-15617	31	3	(	(	PUNCT
fbem-15617	31	4	2018	2018	NUM
fbem-15617	31	5	)	)	PUNCT
fbem-15617	31	6	introduced	introduce	VERB
fbem-15617	31	7	the	the	DET
fbem-15617	31	8	economic	economic	ADJ
fbem-15617	31	9	policy	policy	NOUN
fbem-15617	31	10	uncertainty	uncertainty	NOUN
fbem-15617	31	11	index	index	NOUN
fbem-15617	31	12	(	(	PUNCT
fbem-15617	31	13	epu	epu	PROPN
fbem-15617	31	14	)	)	PUNCT
fbem-15617	31	15	into	into	ADP
fbem-15617	31	16	the	the	DET
fbem-15617	31	17	mixed	mixed	ADJ
fbem-15617	31	18	frequency	frequency	NOUN
fbem-15617	31	19	garch	garch	NOUN
fbem-15617	31	20	model	model	NOUN
fbem-15617	31	21	to	to	PART
fbem-15617	31	22	predict	predict	VERB
fbem-15617	31	23	the	the	DET
fbem-15617	31	24	volatility	volatility	NOUN
fbem-15617	31	25	of	of	ADP
fbem-15617	31	26	the	the	DET
fbem-15617	31	27	shanghai	shanghai	PROPN
fbem-15617	31	28	composite	composite	PROPN
fbem-15617	31	29	index	index	NOUN
fbem-15617	31	30	.	.	PUNCT
fbem-15617	32	1	zhang	zhang	PROPN
fbem-15617	32	2	yifeng	yifeng	PROPN
fbem-15617	32	3	(	(	PUNCT
fbem-15617	32	4	2020	2020	NUM
fbem-15617	32	5	)	)	PUNCT
fbem-15617	32	6	constructed	construct	VERB
fbem-15617	32	7	a	a	DET
fbem-15617	32	8	new	new	ADJ
fbem-15617	32	9	measurement	measurement	NOUN
fbem-15617	32	10	index	index	NOUN
fbem-15617	32	11	of	of	ADP
fbem-15617	32	12	herd	herd	ADJ
fbem-15617	32	13	effect	effect	NOUN
fbem-15617	32	14	within	within	ADP
fbem-15617	32	15	the	the	DET
fbem-15617	32	16	framework	framework	NOUN
fbem-15617	32	17	of	of	ADP
fbem-15617	32	18	the	the	DET
fbem-15617	32	19	mixed	mixed	ADJ
fbem-15617	32	20	frequency	frequency	NOUN
fbem-15617	32	21	garch	garch	NOUN
fbem-15617	32	22	model	model	NOUN
fbem-15617	32	23	to	to	PART
fbem-15617	32	24	predict	predict	VERB
fbem-15617	32	25	the	the	DET
fbem-15617	32	26	volatility	volatility	NOUN
fbem-15617	32	27	of	of	ADP
fbem-15617	32	28	the	the	DET
fbem-15617	32	29	shanghai	shanghai	PROPN
fbem-15617	32	30	composite	composite	PROPN
fbem-15617	32	31	index	index	NOUN
fbem-15617	32	32	.	.	PUNCT
fbem-15617	33	1	liang	liang	PROPN
fbem-15617	33	2	chao	chao	PROPN
fbem-15617	33	3	(	(	PUNCT
fbem-15617	33	4	2021	2021	NUM
fbem-15617	33	5	)	)	PUNCT
fbem-15617	33	6	introduced	introduce	VERB
fbem-15617	33	7	the	the	DET
fbem-15617	33	8	google	google	PROPN
fbem-15617	33	9	trend	trend	NOUN
fbem-15617	33	10	index	index	NOUN
fbem-15617	33	11	into	into	ADP
fbem-15617	33	12	the	the	DET
fbem-15617	33	13	long	long	ADJ
fbem-15617	33	14	-	-	PUNCT
fbem-15617	33	15	term	term	NOUN
fbem-15617	33	16	component	component	NOUN
fbem-15617	33	17	of	of	ADP
fbem-15617	33	18	the	the	DET
fbem-15617	33	19	garch	garch	NOUN
fbem-15617	33	20	-	-	PUNCT
fbem-15617	33	21	midas	midas	PROPN
fbem-15617	33	22	model	model	NOUN
fbem-15617	33	23	to	to	PART
fbem-15617	33	24	predict	predict	VERB
fbem-15617	33	25	the	the	DET
fbem-15617	33	26	volatility	volatility	NOUN
fbem-15617	33	27	of	of	ADP
fbem-15617	33	28	china	china	PROPN
fbem-15617	33	29	's	's	PART
fbem-15617	33	30	gold	gold	NOUN
fbem-15617	33	31	price	price	NOUN
fbem-15617	33	32	,	,	PUNCT
fbem-15617	33	33	the	the	DET
fbem-15617	33	34	empirical	empirical	ADJ
fbem-15617	33	35	results	result	NOUN
fbem-15617	33	36	indicate	indicate	VERB
fbem-15617	33	37	that	that	SCONJ
fbem-15617	33	38	the	the	DET
fbem-15617	33	39	garch	garch	NOUN
fbem-15617	33	40	-	-	PUNCT
fbem-15617	33	41	midas	midas	PROPN
fbem-15617	33	42	model	model	NOUN
fbem-15617	33	43	considering	consider	VERB
fbem-15617	33	44	the	the	DET
fbem-15617	33	45	influence	influence	NOUN
fbem-15617	33	46	of	of	ADP
fbem-15617	33	47	three	three	NUM
fbem-15617	33	48	exogenous	exogenous	ADJ
fbem-15617	33	49	indices	index	NOUN
fbem-15617	33	50	has	have	VERB
fbem-15617	33	51	higher	high	ADJ
fbem-15617	33	52	prediction	prediction	NOUN
fbem-15617	33	53	accuracy	accuracy	NOUN
fbem-15617	33	54	than	than	ADP
fbem-15617	33	55	the	the	DET
fbem-15617	33	56	original	original	ADJ
fbem-15617	33	57	garch	garch	NOUN
fbem-15617	33	58	-	-	PUNCT
fbem-15617	33	59	midas	midas	PROPN
fbem-15617	33	60	model	model	NOUN
fbem-15617	33	61	.	.	PUNCT
fbem-15617	34	1	liu	liu	PROPN
fbem-15617	34	2	(	(	PUNCT
fbem-15617	34	3	2021	2021	NUM
fbem-15617	34	4	)	)	PUNCT
fbem-15617	34	5	examined	examine	VERB
fbem-15617	34	6	the	the	DET
fbem-15617	34	7	impact	impact	NOUN
fbem-15617	34	8	of	of	ADP
fbem-15617	34	9	the	the	DET
fbem-15617	34	10	global	global	ADJ
fbem-15617	34	11	economic	economic	ADJ
fbem-15617	34	12	policy	policy	NOUN
fbem-15617	34	13	uncertainty	uncertainty	NOUN
fbem-15617	34	14	index	index	NOUN
fbem-15617	34	15	(	(	PUNCT
fbem-15617	34	16	gepu	gepu	PROPN
fbem-15617	34	17	)	)	PUNCT
fbem-15617	34	18	and	and	CCONJ
fbem-15617	34	19	the	the	DET
fbem-15617	34	20	eu	eu	PROPN
fbem-15617	34	21	economic	economic	ADJ
fbem-15617	34	22	policy	policy	NOUN
fbem-15617	34	23	uncertainty	uncertainty	NOUN
fbem-15617	34	24	index	index	NOUN
fbem-15617	34	25	on	on	ADP
fbem-15617	34	26	the	the	DET
fbem-15617	34	27	volatility	volatility	NOUN
fbem-15617	34	28	of	of	ADP
fbem-15617	34	29	eua	eua	PROPN
fbem-15617	34	30	futures	future	NOUN
fbem-15617	34	31	,	,	PUNCT
fbem-15617	34	32	and	and	CCONJ
fbem-15617	34	33	pointed	point	VERB
fbem-15617	34	34	out	out	ADP
fbem-15617	34	35	that	that	SCONJ
fbem-15617	34	36	the	the	DET
fbem-15617	34	37	garch	garch	NOUN
fbem-15617	34	38	-	-	PUNCT
fbem-15617	34	39	midas	midas	PROPN
fbem-15617	34	40	model	model	NOUN
fbem-15617	34	41	has	have	VERB
fbem-15617	34	42	better	well	ADJ
fbem-15617	34	43	predictive	predictive	ADJ
fbem-15617	34	44	ability	ability	NOUN
fbem-15617	34	45	than	than	ADP
fbem-15617	34	46	the	the	DET
fbem-15617	34	47	garch	garch	NOUN
fbem-15617	34	48	model	model	NOUN
fbem-15617	34	49	,	,	PUNCT
fbem-15617	34	50	and	and	CCONJ
fbem-15617	34	51	the	the	DET
fbem-15617	34	52	prediction	prediction	NOUN
fbem-15617	34	53	accuracy	accuracy	NOUN
fbem-15617	34	54	of	of	ADP
fbem-15617	34	55	the	the	DET
fbem-15617	34	56	eu	eu	PROPN
fbem-15617	34	57	epu	epu	PROPN
fbem-15617	34	58	index	index	NOUN
fbem-15617	34	59	is	be	AUX
fbem-15617	34	60	higher	high	ADJ
fbem-15617	34	61	than	than	ADP
fbem-15617	34	62	that	that	PRON
fbem-15617	34	63	of	of	ADP
fbem-15617	34	64	gepu	gepu	NOUN
fbem-15617	34	65	.	.	PUNCT
fbem-15617	35	1	from	from	ADP
fbem-15617	35	2	this	this	PRON
fbem-15617	35	3	,	,	PUNCT
fbem-15617	35	4	it	it	PRON
fbem-15617	35	5	can	can	AUX
fbem-15617	35	6	be	be	AUX
fbem-15617	35	7	seen	see	VERB
fbem-15617	35	8	that	that	SCONJ
fbem-15617	35	9	introducing	introduce	VERB
fbem-15617	35	10	exogenous	exogenous	ADJ
fbem-15617	35	11	low	low	ADJ
fbem-15617	35	12	-	-	PUNCT
fbem-15617	35	13	frequency	frequency	NOUN
fbem-15617	35	14	variables	variable	NOUN
fbem-15617	35	15	in	in	ADP
fbem-15617	35	16	the	the	DET
fbem-15617	35	17	long	long	ADJ
fbem-15617	35	18	-	-	PUNCT
fbem-15617	35	19	term	term	NOUN
fbem-15617	35	20	component	component	NOUN
fbem-15617	35	21	,	,	PUNCT
fbem-15617	35	22	except	except	SCONJ
fbem-15617	35	23	for	for	ADP
fbem-15617	35	24	the	the	DET
fbem-15617	35	25	low	low	ADJ
fbem-15617	35	26	-	-	PUNCT
fbem-15617	35	27	frequency	frequency	NOUN
fbem-15617	35	28	realized	realize	VERB
fbem-15617	35	29	volatility	volatility	NOUN
fbem-15617	35	30	of	of	ADP
fbem-15617	35	31	financial	financial	ADJ
fbem-15617	35	32	assets	asset	NOUN
fbem-15617	35	33	themselves	themselves	PRON
fbem-15617	35	34	,	,	PUNCT
fbem-15617	35	35	helps	help	VERB
fbem-15617	35	36	to	to	PART
fbem-15617	35	37	improve	improve	VERB
fbem-15617	35	38	the	the	DET
fbem-15617	35	39	prediction	prediction	NOUN
fbem-15617	35	40	accuracy	accuracy	NOUN
fbem-15617	35	41	of	of	ADP
fbem-15617	35	42	the	the	DET
fbem-15617	35	43	mixed	mixed	ADJ
fbem-15617	35	44	frequency	frequency	NOUN
fbem-15617	35	45	garch	garch	NOUN
fbem-15617	35	46	model	model	NOUN
fbem-15617	35	47	.	.	PUNCT
fbem-15617	36	1	introducing	introduce	VERB
fbem-15617	36	2	low	low	ADJ
fbem-15617	36	3	-	-	PUNCT
fbem-15617	36	4	frequency	frequency	NOUN
fbem-15617	36	5	macroeconomic	macroeconomic	ADJ
fbem-15617	36	6	variables	variable	NOUN
fbem-15617	36	7	into	into	ADP
fbem-15617	36	8	long	long	ADJ
fbem-15617	36	9	-	-	PUNCT
fbem-15617	36	10	term	term	NOUN
fbem-15617	36	11	components	component	NOUN
fbem-15617	36	12	,	,	PUNCT
fbem-15617	36	13	such	such	ADJ
fbem-15617	36	14	as	as	ADP
fbem-15617	36	15	sampling	sample	VERB
fbem-15617	36	16	mixed	mixed	ADJ
fbem-15617	36	17	frequency	frequency	NOUN
fbem-15617	36	18	data	datum	NOUN
fbem-15617	36	19	,	,	PUNCT
fbem-15617	36	20	can	can	AUX
fbem-15617	36	21	help	help	VERB
fbem-15617	36	22	improve	improve	VERB
fbem-15617	36	23	the	the	DET
fbem-15617	36	24	predictive	predictive	ADJ
fbem-15617	36	25	accuracy	accuracy	NOUN
fbem-15617	36	26	of	of	ADP
fbem-15617	36	27	the	the	DET
fbem-15617	36	28	model	model	NOUN
fbem-15617	36	29	.	.	PUNCT
fbem-15617	37	1	the	the	DET
fbem-15617	37	2	potential	potential	ADJ
fbem-15617	37	3	spillover	spillover	NOUN
fbem-15617	37	4	effects	effect	NOUN
fbem-15617	37	5	between	between	ADP
fbem-15617	37	6	other	other	ADJ
fbem-15617	37	7	energy	energy	NOUN
fbem-15617	37	8	markets	market	NOUN
fbem-15617	37	9	on	on	ADP
fbem-15617	37	10	the	the	DET
fbem-15617	37	11	eua	eua	PROPN
fbem-15617	37	12	futures	future	NOUN
fbem-15617	37	13	market	market	NOUN
fbem-15617	37	14	can	can	AUX
fbem-15617	37	15	also	also	ADV
fbem-15617	37	16	have	have	VERB
fbem-15617	37	17	an	an	DET
fbem-15617	37	18	impact	impact	NOUN
fbem-15617	37	19	on	on	ADP
fbem-15617	37	20	its	its	PRON
fbem-15617	37	21	volatility	volatility	NOUN
fbem-15617	37	22	.	.	PUNCT
fbem-15617	38	1	liu	liu	PROPN
fbem-15617	38	2	(	(	PUNCT
fbem-15617	38	3	2020	2020	NUM
fbem-15617	38	4	)	)	PUNCT
fbem-15617	38	5	constructed	construct	VERB
fbem-15617	38	6	a	a	DET
fbem-15617	38	7	time	time	NOUN
fbem-15617	38	8	-	-	PUNCT
fbem-15617	38	9	varying	vary	VERB
fbem-15617	38	10	volatility	volatility	NOUN
fbem-15617	38	11	spillover	spillover	VERB
fbem-15617	38	12	index	index	NOUN
fbem-15617	38	13	based	base	VERB
fbem-15617	38	14	on	on	ADP
fbem-15617	38	15	the	the	DET
fbem-15617	38	16	tvp	tvp	ADJ
fbem-15617	38	17	-	-	PUNCT
fbem-15617	38	18	var	var	NOUN
fbem-15617	38	19	-	-	PUNCT
fbem-15617	38	20	sv	sv	NOUN
fbem-15617	38	21	model	model	NOUN
fbem-15617	38	22	to	to	PART
fbem-15617	38	23	study	study	VERB
fbem-15617	38	24	the	the	DET
fbem-15617	38	25	time	time	NOUN
fbem-15617	38	26	-	-	PUNCT
fbem-15617	38	27	varying	vary	VERB
fbem-15617	38	28	volatility	volatility	NOUN
fbem-15617	38	29	spillover	spillover	VERB
fbem-15617	38	30	between	between	ADP
fbem-15617	38	31	four	four	NUM
fbem-15617	38	32	major	major	ADJ
fbem-15617	38	33	crude	crude	ADJ
fbem-15617	38	34	oil	oil	NOUN
fbem-15617	38	35	markets	market	NOUN
fbem-15617	38	36	,	,	PUNCT
fbem-15617	38	37	pointing	point	VERB
fbem-15617	38	38	out	out	ADP
fbem-15617	38	39	that	that	SCONJ
fbem-15617	38	40	the	the	DET
fbem-15617	38	41	volatility	volatility	NOUN
fbem-15617	38	42	spillover	spillover	VERB
fbem-15617	38	43	between	between	ADP
fbem-15617	38	44	crude	crude	ADJ
fbem-15617	38	45	oil	oil	NOUN
fbem-15617	38	46	markets	market	NOUN
fbem-15617	38	47	increases	increase	VERB
fbem-15617	38	48	slowly	slowly	ADV
fbem-15617	38	49	and	and	CCONJ
fbem-15617	38	50	exhibits	exhibit	VERB
fbem-15617	38	51	cyclical	cyclical	ADJ
fbem-15617	38	52	changes	change	NOUN
fbem-15617	38	53	.	.	PUNCT
fbem-15617	39	1	atukeren	atukeren	PROPN
fbem-15617	39	2	(	(	PUNCT
fbem-15617	39	3	2021	2021	NUM
fbem-15617	39	4	)	)	PUNCT
fbem-15617	39	5	examined	examine	VERB
fbem-15617	39	6	the	the	DET
fbem-15617	39	7	spillover	spillover	NOUN
fbem-15617	39	8	effects	effect	NOUN
fbem-15617	39	9	between	between	ADP
fbem-15617	39	10	wti	wti	PROPN
fbem-15617	39	11	crude	crude	ADJ
fbem-15617	39	12	oil	oil	NOUN
fbem-15617	39	13	spot	spot	NOUN
fbem-15617	39	14	market	market	NOUN
fbem-15617	39	15	and	and	CCONJ
fbem-15617	39	16	brent	brent	PROPN
fbem-15617	39	17	crude	crude	PROPN
fbem-15617	39	18	oil	oil	NOUN
fbem-15617	39	19	spot	spot	NOUN
fbem-15617	39	20	market	market	NOUN
fbem-15617	39	21	,	,	PUNCT
fbem-15617	39	22	and	and	CCONJ
fbem-15617	39	23	found	find	VERB
fbem-15617	39	24	that	that	SCONJ
fbem-15617	39	25	the	the	DET
fbem-15617	39	26	transmission	transmission	NOUN
fbem-15617	39	27	direction	direction	NOUN
fbem-15617	39	28	of	of	ADP
fbem-15617	39	29	volatility	volatility	NOUN
fbem-15617	39	30	spillover	spillover	VERB
fbem-15617	39	31	between	between	ADP
fbem-15617	39	32	the	the	DET
fbem-15617	39	33	two	two	NUM
fbem-15617	39	34	markets	market	NOUN
fbem-15617	39	35	was	be	AUX
fbem-15617	39	36	different	different	ADJ
fbem-15617	39	37	at	at	ADP
fbem-15617	39	38	different	different	ADJ
fbem-15617	39	39	periods	period	NOUN
fbem-15617	39	40	.	.	PUNCT
fbem-15617	40	1	gong	gong	NOUN
fbem-15617	40	2	(	(	PUNCT
fbem-15617	40	3	2021	2021	NUM
fbem-15617	40	4	)	)	PUNCT
fbem-15617	40	5	used	use	VERB
fbem-15617	40	6	a	a	DET
fbem-15617	40	7	stochastic	stochastic	ADJ
fbem-15617	40	8	volatility	volatility	NOUN
fbem-15617	40	9	model	model	NOUN
fbem-15617	40	10	with	with	ADP
fbem-15617	40	11	time	time	NOUN
fbem-15617	40	12	-	-	PUNCT
fbem-15617	40	13	varying	vary	VERB
fbem-15617	40	14	parameters	parameter	NOUN
fbem-15617	40	15	to	to	PART
fbem-15617	40	16	study	study	VERB
fbem-15617	40	17	the	the	DET
fbem-15617	40	18	spillover	spillover	NOUN
fbem-15617	40	19	effects	effect	NOUN
fbem-15617	40	20	between	between	ADP
fbem-15617	40	21	the	the	DET
fbem-15617	40	22	eua	eua	PROPN
fbem-15617	40	23	futures	futures	PROPN
fbem-15617	40	24	market	market	NOUN
fbem-15617	40	25	and	and	CCONJ
fbem-15617	40	26	the	the	DET
fbem-15617	40	27	oil	oil	NOUN
fbem-15617	40	28	futures	future	NOUN
fbem-15617	40	29	market	market	NOUN
fbem-15617	40	30	,	,	PUNCT
fbem-15617	40	31	and	and	CCONJ
fbem-15617	40	32	the	the	DET
fbem-15617	40	33	empirical	empirical	ADJ
fbem-15617	40	34	results	result	NOUN
fbem-15617	40	35	showed	show	VERB
fbem-15617	40	36	that	that	SCONJ
fbem-15617	40	37	there	there	PRON
fbem-15617	40	38	were	be	VERB
fbem-15617	40	39	significant	significant	ADJ
fbem-15617	40	40	spillover	spillover	NOUN
fbem-15617	40	41	effects	effect	NOUN
fbem-15617	40	42	between	between	ADP
fbem-15617	40	43	the	the	DET
fbem-15617	40	44	markets	market	NOUN
fbem-15617	40	45	.	.	PUNCT
fbem-15617	41	1	from	from	ADP
fbem-15617	41	2	this	this	PRON
fbem-15617	41	3	,	,	PUNCT
fbem-15617	41	4	it	it	PRON
fbem-15617	41	5	can	can	AUX
fbem-15617	41	6	be	be	AUX
fbem-15617	41	7	seen	see	VERB
fbem-15617	41	8	that	that	SCONJ
fbem-15617	41	9	there	there	PRON
fbem-15617	41	10	is	be	VERB
fbem-15617	41	11	usually	usually	ADV
fbem-15617	41	12	a	a	DET
fbem-15617	41	13	volatility	volatility	NOUN
fbem-15617	41	14	spillover	spillover	VERB
fbem-15617	41	15	effect	effect	NOUN
fbem-15617	41	16	between	between	ADP
fbem-15617	41	17	energy	energy	NOUN
fbem-15617	41	18	markets	market	NOUN
fbem-15617	41	19	,	,	PUNCT
fbem-15617	41	20	that	that	ADV
fbem-15617	41	21	is	is	ADV
fbem-15617	41	22	,	,	PUNCT
fbem-15617	41	23	spillover	spillover	VERB
fbem-15617	41	24	effects	effect	NOUN
fbem-15617	41	25	from	from	ADP
fbem-15617	41	26	other	other	ADJ
fbem-15617	41	27	energy	energy	NOUN
fbem-15617	41	28	markets	market	NOUN
fbem-15617	41	29	may	may	AUX
fbem-15617	41	30	have	have	VERB
fbem-15617	41	31	an	an	DET
fbem-15617	41	32	impact	impact	NOUN
fbem-15617	41	33	on	on	ADP
fbem-15617	41	34	price	price	NOUN
fbem-15617	41	35	fluctuations	fluctuation	NOUN
fbem-15617	41	36	in	in	ADP
fbem-15617	41	37	the	the	DET
fbem-15617	41	38	eua	eua	PROPN
fbem-15617	41	39	futures	future	NOUN
fbem-15617	41	40	market	market	NOUN
fbem-15617	41	41	.	.	PUNCT
fbem-15617	42	1	due	due	ADP
fbem-15617	42	2	to	to	ADP
fbem-15617	42	3	the	the	DET
fbem-15617	42	4	fact	fact	NOUN
fbem-15617	42	5	that	that	SCONJ
fbem-15617	42	6	brent	brent	PROPN
fbem-15617	42	7	crude	crude	PROPN
fbem-15617	42	8	oil	oil	NOUN
fbem-15617	42	9	futures	future	NOUN
fbem-15617	42	10	and	and	CCONJ
fbem-15617	42	11	eua	eua	PROPN
fbem-15617	42	12	futures	future	NOUN
fbem-15617	42	13	belong	belong	VERB
fbem-15617	42	14	to	to	ADP
fbem-15617	42	15	the	the	DET
fbem-15617	42	16	ice	ice	NOUN
fbem-15617	42	17	exchange	exchange	NOUN
fbem-15617	42	18	,	,	PUNCT
fbem-15617	42	19	this	this	DET
fbem-15617	42	20	article	article	NOUN
fbem-15617	42	21	selects	select	VERB
fbem-15617	42	22	the	the	DET
fbem-15617	42	23	monthly	monthly	ADJ
fbem-15617	42	24	realized	realize	VERB
fbem-15617	42	25	volatility	volatility	NOUN
fbem-15617	42	26	of	of	ADP
fbem-15617	42	27	brent	brent	PROPN
fbem-15617	42	28	crude	crude	PROPN
fbem-15617	42	29	oil	oil	NOUN
fbem-15617	42	30	futures	future	NOUN
fbem-15617	42	31	prices	price	NOUN
fbem-15617	42	32	as	as	ADP
fbem-15617	42	33	a	a	DET
fbem-15617	42	34	proxy	proxy	NOUN
fbem-15617	42	35	variable	variable	NOUN
fbem-15617	42	36	to	to	PART
fbem-15617	42	37	test	test	VERB
fbem-15617	42	38	whether	whether	SCONJ
fbem-15617	42	39	the	the	DET
fbem-15617	42	40	crude	crude	ADJ
fbem-15617	42	41	oil	oil	NOUN
fbem-15617	42	42	futures	future	NOUN
fbem-15617	42	43	market	market	NOUN
fbem-15617	42	44	has	have	AUX
fbem-15617	42	45	spillover	spillover	VERB
fbem-15617	42	46	effects	effect	NOUN
fbem-15617	42	47	on	on	ADP
fbem-15617	42	48	the	the	DET
fbem-15617	42	49	eua	eua	PROPN
fbem-15617	42	50	futures	future	NOUN
fbem-15617	42	51	market	market	NOUN
fbem-15617	42	52	.	.	PUNCT
fbem-15617	43	1	a	a	DET
fbem-15617	43	2	mixed	mixed	ADJ
fbem-15617	43	3	frequency	frequency	NOUN
fbem-15617	43	4	garch	garch	NOUN
fbem-15617	43	5	(	(	PUNCT
fbem-15617	43	6	vsgarch	vsgarch	NOUN
fbem-15617	43	7	-	-	PUNCT
fbem-15617	43	8	midas	midas	PROPN
fbem-15617	43	9	)	)	PUNCT
fbem-15617	43	10	model	model	NOUN
fbem-15617	43	11	considering	consider	VERB
fbem-15617	43	12	spillover	spillover	NOUN
fbem-15617	43	13	effects	effect	NOUN
fbem-15617	43	14	is	be	AUX
fbem-15617	43	15	constructed	construct	VERB
fbem-15617	43	16	,	,	PUNCT
fbem-15617	43	17	using	use	VERB
fbem-15617	43	18	the	the	DET
fbem-15617	43	19	single	single	ADJ
fbem-15617	43	20	factor	factor	NOUN
fbem-15617	43	21	garch	garch	NOUN
fbem-15617	43	22	-	-	PUNCT
fbem-15617	43	23	midas	midas	PROPN
fbem-15617	43	24	model	model	NOUN
fbem-15617	43	25	as	as	ADP
fbem-15617	43	26	the	the	DET
fbem-15617	43	27	benchmark	benchmark	NOUN
fbem-15617	43	28	,	,	PUNCT
fbem-15617	43	29	the	the	DET
fbem-15617	43	30	model	model	NOUN
fbem-15617	43	31	used	use	VERB
fbem-15617	43	32	in	in	ADP
fbem-15617	43	33	this	this	DET
fbem-15617	43	34	article	article	NOUN
fbem-15617	43	35	evaluates	evaluate	VERB
fbem-15617	43	36	the	the	DET
fbem-15617	43	37	effectiveness	effectiveness	NOUN
fbem-15617	43	38	of	of	ADP
fbem-15617	43	39	spillover	spillover	ADJ
fbem-15617	43	40	effects	effect	NOUN
fbem-15617	43	41	in	in	ADP
fbem-15617	43	42	improving	improve	VERB
fbem-15617	43	43	the	the	DET
fbem-15617	43	44	volatility	volatility	NOUN
fbem-15617	43	45	prediction	prediction	NOUN
fbem-15617	43	46	of	of	ADP
fbem-15617	43	47	eua	eua	PROPN
fbem-15617	43	48	futures	future	NOUN
fbem-15617	43	49	while	while	SCONJ
fbem-15617	43	50	examining	examine	VERB
fbem-15617	43	51	the	the	DET
fbem-15617	43	52	spillover	spillover	NOUN
fbem-15617	43	53	effects	effect	NOUN
fbem-15617	43	54	between	between	ADP
fbem-15617	43	55	markets	market	NOUN
fbem-15617	43	56	.	.	PUNCT
fbem-15617	44	1	3	3	X
fbem-15617	44	2	.	.	X
fbem-15617	44	3	the	the	DET
fbem-15617	44	4	vs	vs	ADP
fbem-15617	44	5	-	-	PUNCT
fbem-15617	44	6	garch	garch	NOUN
fbem-15617	44	7	-	-	PUNCT
fbem-15617	44	8	midas	midas	PROPN
fbem-15617	44	9	model	model	NOUN
fbem-15617	44	10	3.1	3.1	NUM
fbem-15617	44	11	.	.	PUNCT
fbem-15617	45	1	the	the	DET
fbem-15617	45	2	garch	garch	NOUN
fbem-15617	45	3	-	-	PUNCT
fbem-15617	45	4	midas	midas	PROPN
fbem-15617	45	5	model	model	NOUN
fbem-15617	45	6	in	in	ADP
fbem-15617	45	7	order	order	NOUN
fbem-15617	45	8	to	to	PART
fbem-15617	45	9	compare	compare	VERB
fbem-15617	45	10	the	the	DET
fbem-15617	45	11	effectiveness	effectiveness	NOUN
fbem-15617	45	12	of	of	ADP
fbem-15617	45	13	introducing	introduce	VERB
fbem-15617	45	14	spillover	spillover	NOUN
fbem-15617	45	15	effects	effect	NOUN
fbem-15617	45	16	in	in	ADP
fbem-15617	45	17	the	the	DET
fbem-15617	45	18	brent	brent	PROPN
fbem-15617	45	19	crude	crude	PROPN
fbem-15617	45	20	oil	oil	NOUN
fbem-15617	45	21	futures	future	NOUN
fbem-15617	45	22	market	market	NOUN
fbem-15617	45	23	for	for	ADP
fbem-15617	45	24	predicting	predict	VERB
fbem-15617	45	25	eua	eua	PROPN
fbem-15617	45	26	futures	future	NOUN
fbem-15617	45	27	volatility	volatility	NOUN
fbem-15617	45	28	,	,	PUNCT
fbem-15617	45	29	this	this	DET
fbem-15617	45	30	paper	paper	NOUN
fbem-15617	45	31	selects	select	VERB
fbem-15617	45	32	the	the	DET
fbem-15617	45	33	single	single	ADJ
fbem-15617	45	34	factor	factor	NOUN
fbem-15617	45	35	garch	garch	NOUN
fbem-15617	45	36	-	-	PUNCT
fbem-15617	45	37	midas	midas	PROPN
fbem-15617	45	38	model	model	NOUN
fbem-15617	45	39	as	as	ADP
fbem-15617	45	40	the	the	DET
fbem-15617	45	41	benchmark	benchmark	NOUN
fbem-15617	45	42	model	model	NOUN
fbem-15617	45	43	.	.	PUNCT
fbem-15617	46	1	the	the	DET
fbem-15617	46	2	original	original	ADJ
fbem-15617	46	3	garch	garch	NOUN
fbem-15617	46	4	-	-	PUNCT
fbem-15617	46	5	midas	midas	PROPN
fbem-15617	46	6	model	model	NOUN
fbem-15617	46	7	decomposes	decompose	VERB
fbem-15617	46	8	volatility	volatility	NOUN
fbem-15617	46	9	into	into	ADP
fbem-15617	46	10	short	short	ADJ
fbem-15617	46	11	-	-	PUNCT
fbem-15617	46	12	term	term	NOUN
fbem-15617	46	13	and	and	CCONJ
fbem-15617	46	14	long	long	ADJ
fbem-15617	46	15	-	-	PUNCT
fbem-15617	46	16	term	term	NOUN
fbem-15617	46	17	components	component	NOUN
fbem-15617	46	18	.	.	PUNCT
fbem-15617	47	1	among	among	ADP
fbem-15617	47	2	them	they	PRON
fbem-15617	47	3	,	,	PUNCT
fbem-15617	47	4	the	the	DET
fbem-15617	47	5	short	short	ADJ
fbem-15617	47	6	-	-	PUNCT
fbem-15617	47	7	term	term	NOUN
fbem-15617	47	8	component	component	NOUN
fbem-15617	47	9	usually	usually	ADV
fbem-15617	47	10	follows	follow	VERB
fbem-15617	47	11	the	the	DET
fbem-15617	47	12	garch	garch	NOUN
fbem-15617	47	13	(	(	PUNCT
fbem-15617	47	14	1,1	1,1	NUM
fbem-15617	47	15	)	)	PUNCT
fbem-15617	47	16	process	process	NOUN
fbem-15617	47	17	,	,	PUNCT
fbem-15617	47	18	while	while	SCONJ
fbem-15617	47	19	the	the	DET
fbem-15617	47	20	long	long	ADJ
fbem-15617	47	21	-	-	PUNCT
fbem-15617	47	22	term	term	NOUN
fbem-15617	47	23	component	component	NOUN
fbem-15617	47	24	is	be	AUX
fbem-15617	47	25	obtained	obtain	VERB
fbem-15617	47	26	by	by	ADP
fbem-15617	47	27	weighting	weight	VERB
fbem-15617	47	28	the	the	DET
fbem-15617	47	29	monthly	monthly	ADJ
fbem-15617	47	30	realized	realize	VERB
fbem-15617	47	31	volatility	volatility	NOUN
fbem-15617	47	32	of	of	ADP
fbem-15617	47	33	the	the	DET
fbem-15617	47	34	financial	financial	ADJ
fbem-15617	47	35	asset	asset	NOUN
fbem-15617	47	36	itself	itself	PRON
fbem-15617	47	37	.	.	PUNCT
fbem-15617	48	1	the	the	DET
fbem-15617	48	2	single	single	ADJ
fbem-15617	48	3	factor	factor	NOUN
fbem-15617	48	4	garch	garch	NOUN
fbem-15617	48	5	-	-	PUNCT
fbem-15617	48	6	midas	midas	PROPN
fbem-15617	48	7	model	model	NOUN
fbem-15617	48	8	is	be	AUX
fbem-15617	48	9	as	as	SCONJ
fbem-15617	48	10	follows	follow	VERB
fbem-15617	48	11	.	.	PUNCT
fbem-15617	49	1	,	,	PUNCT
fbem-15617	49	2	,	,	PUNCT
fbem-15617	49	3	,	,	PUNCT
fbem-15617	49	4	,	,	PUNCT
fbem-15617	49	5	1	1	NUM
fbem-15617	49	6	,	,	PUNCT
fbem-15617	49	7	,	,	PUNCT
fbem-15617	49	8	|	|	ADV
fbem-15617	49	9	~	~	PUNCT
fbem-15617	49	10	(	(	PUNCT
fbem-15617	49	11	0,1)i	0,1)i	NUM
fbem-15617	50	1	t	t	NOUN
fbem-15617	51	1	i	i	PRON
fbem-15617	51	2	t	t	X
fbem-15617	52	1	i	i	PRON
fbem-15617	52	2	t	t	X
fbem-15617	53	1	i	i	PRON
fbem-15617	53	2	t	t	X
fbem-15617	54	1	i	i	PRON
fbem-15617	54	2	tr	tr	PROPN
fbem-15617	54	3	h	h	NOUN
fbem-15617	54	4	f	f	PROPN
fbem-15617	54	5	n	n	NUM
fbem-15617	54	6			PROPN
fbem-15617	54	7			PROPN
fbem-15617	54	8			ADJ
fbem-15617	54	9			X
fbem-15617	54	10	(	(	PUNCT
fbem-15617	54	11	1	1	NUM
fbem-15617	54	12	)	)	PUNCT
fbem-15617	54	13	,	,	PUNCT
fbem-15617	54	14	,	,	PUNCT
fbem-15617	54	15	i	i	PRON
fbem-15617	54	16	t	t	VERB
fbem-15617	55	1	i	i	PRON
fbem-15617	55	2	t	t	PROPN
fbem-15617	55	3	th	th	X
fbem-15617	55	4	g	g	NOUN
fbem-15617	55	5			VERB
fbem-15617	55	6			NOUN
fbem-15617	55	7	(	(	PUNCT
fbem-15617	55	8	2	2	NUM
fbem-15617	55	9	)	)	PUNCT
fbem-15617	55	10	2	2	NUM
fbem-15617	55	11	1	1	NUM
fbem-15617	55	12	,	,	PUNCT
fbem-15617	55	13	,	,	PUNCT
fbem-15617	55	14	1	1	NUM
fbem-15617	55	15	,	,	PUNCT
fbem-15617	55	16	(	(	PUNCT
fbem-15617	55	17	)	)	PUNCT
fbem-15617	55	18	1	1	NUM
fbem-15617	56	1	i	i	PRON
fbem-15617	56	2	t	t	VERB
fbem-15617	57	1	i	i	PRON
fbem-15617	57	2	t	t	X
fbem-15617	58	1	i	i	PRON
fbem-15617	58	2	t	t	NOUN
fbem-15617	58	3	t	t	NOUN
fbem-15617	58	4	r	r	NOUN
fbem-15617	58	5	g	g	NOUN
fbem-15617	58	6	g	g	NOUN
fbem-15617	58	7			NOUN
fbem-15617	58	8			X
fbem-15617	58	9			PROPN
fbem-15617	58	10			NUM
fbem-15617	58	11			PROPN
fbem-15617	58	12			PROPN
fbem-15617	58	13			PROPN
fbem-15617	58	14			PROPN
fbem-15617	58	15			PROPN
fbem-15617	58	16			PROPN
fbem-15617	58	17			PROPN
fbem-15617	58	18			PROPN
fbem-15617	58	19			PUNCT
fbem-15617	58	20			X
fbem-15617	58	21	(	(	PUNCT
fbem-15617	58	22	3	3	X
fbem-15617	58	23	)	)	SYM
fbem-15617	58	24	1	1	NUM
fbem-15617	58	25	1	1	NUM
fbem-15617	58	26	1	1	NUM
fbem-15617	58	27	ln	ln	NOUN
fbem-15617	58	28	(	(	PUNCT
fbem-15617	58	29	)	)	PUNCT
fbem-15617	58	30	ln	ln	ADJ
fbem-15617	58	31	(	(	PUNCT
fbem-15617	58	32	)	)	PUNCT
fbem-15617	59	1	k	k	PROPN
fbem-15617	59	2	t	t	PROPN
fbem-15617	60	1	k	k	PROPN
fbem-15617	60	2	t	t	PROPN
fbem-15617	61	1	k	k	PROPN
fbem-15617	62	1	k	k	PROPN
fbem-15617	62	2	m	m	VERB
fbem-15617	62	3	rv	rv	NOUN
fbem-15617	62	4			X
fbem-15617	62	5			PROPN
fbem-15617	62	6			PROPN
fbem-15617	62	7			PROPN
fbem-15617	62	8			PROPN
fbem-15617	62	9			PROPN
fbem-15617	62	10			ADV
fbem-15617	62	11			X
fbem-15617	62	12	(	(	PUNCT
fbem-15617	62	13	4	4	NUM
fbem-15617	62	14	)	)	PUNCT
fbem-15617	62	15	among	among	ADP
fbem-15617	62	16	them	they	PRON
fbem-15617	62	17	,	,	PUNCT
fbem-15617	62	18	,	,	PUNCT
fbem-15617	62	19	i	i	PRON
fbem-15617	62	20	tr	tr	VERB
fbem-15617	62	21	is	be	AUX
fbem-15617	62	22	the	the	DET
fbem-15617	62	23	yield	yield	NOUN
fbem-15617	62	24	sequence	sequence	NOUN
fbem-15617	62	25	of	of	ADP
fbem-15617	62	26	financial	financial	ADJ
fbem-15617	62	27	assets	asset	NOUN
fbem-15617	62	28	,	,	PUNCT
fbem-15617	62	29	representing	represent	VERB
fbem-15617	62	30	the	the	DET
fbem-15617	62	31	asset	asset	NOUN
fbem-15617	62	32	yield	yield	NOUN
fbem-15617	62	33	on	on	ADP
fbem-15617	62	34	the	the	DET
fbem-15617	62	35	i	i	PROPN
fbem-15617	62	36	-	-	PUNCT
fbem-15617	62	37	th	th	VERB
fbem-15617	62	38	trading	trading	NOUN
fbem-15617	62	39	day	day	NOUN
fbem-15617	62	40	of	of	ADP
fbem-15617	62	41	month	month	NOUN
fbem-15617	62	42	t	t	PROPN
fbem-15617	62	43	,	,	PUNCT
fbem-15617	62	44			NOUN
fbem-15617	62	45	is	be	AUX
fbem-15617	62	46	the	the	DET
fbem-15617	62	47	unconditional	unconditional	ADJ
fbem-15617	62	48	mean	mean	NOUN
fbem-15617	62	49	of	of	ADP
fbem-15617	62	50	the	the	DET
fbem-15617	62	51	return	return	NOUN
fbem-15617	62	52	sequence	sequence	NOUN
fbem-15617	62	53	,	,	PUNCT
fbem-15617	62	54	,	,	PUNCT
fbem-15617	62	55	i	i	PRON
fbem-15617	62	56	th	th	INTJ
fbem-15617	62	57	is	be	AUX
fbem-15617	62	58	the	the	DET
fbem-15617	62	59	conditional	conditional	ADJ
fbem-15617	62	60	variance	variance	NOUN
fbem-15617	62	61	,	,	PUNCT
fbem-15617	62	62	and	and	CCONJ
fbem-15617	62	63	,	,	PUNCT
fbem-15617	62	64	i	i	PRON
fbem-15617	62	65	t	t	PROPN
fbem-15617	62	66	is	be	AUX
fbem-15617	62	67	the	the	DET
fbem-15617	62	68	independent	independent	ADJ
fbem-15617	62	69	return	return	NOUN
fbem-15617	62	70	information	information	NOUN
fbem-15617	62	71	that	that	PRON
fbem-15617	62	72	follows	follow	VERB
fbem-15617	62	73	the	the	DET
fbem-15617	62	74	conditional	conditional	ADJ
fbem-15617	62	75	standard	standard	ADJ
fbem-15617	62	76	normal	normal	ADJ
fbem-15617	62	77	distribution	distribution	NOUN
fbem-15617	62	78	,	,	PUNCT
fbem-15617	62	79	1,i	1,i	NUM
fbem-15617	62	80	tf	tf	NOUN
fbem-15617	62	81	is	be	AUX
fbem-15617	62	82	the	the	DET
fbem-15617	62	83	information	information	NOUN
fbem-15617	62	84	set	set	VERB
fbem-15617	62	85	for	for	ADP
fbem-15617	62	86	the	the	DET
fbem-15617	62	87	i	i	PROPN
fbem-15617	62	88	-	-	PUNCT
fbem-15617	62	89	th	th	VERB
fbem-15617	62	90	trading	trading	NOUN
fbem-15617	62	91	day	day	NOUN
fbem-15617	62	92	of	of	ADP
fbem-15617	62	93	month	month	NOUN
fbem-15617	62	94	t.	t.	PROPN
fbem-15617	62	95	,	,	PUNCT
fbem-15617	62	96	i	i	PRON
fbem-15617	62	97	tg	tg	PROPN
fbem-15617	62	98	is	be	AUX
fbem-15617	62	99	the	the	DET
fbem-15617	62	100	short	short	ADJ
fbem-15617	62	101	-	-	PUNCT
fbem-15617	62	102	term	term	NOUN
fbem-15617	62	103	component	component	NOUN
fbem-15617	62	104	of	of	ADP
fbem-15617	62	105	volatility	volatility	NOUN
fbem-15617	62	106	,	,	PUNCT
fbem-15617	62	107			PROPN
fbem-15617	62	108	is	be	AUX
fbem-15617	62	109	a	a	DET
fbem-15617	62	110	coefficient	coefficient	NOUN
fbem-15617	62	111	reflecting	reflect	VERB
fbem-15617	62	112	the	the	DET
fbem-15617	62	113	persistence	persistence	NOUN
fbem-15617	62	114	of	of	ADP
fbem-15617	62	115	short	short	ADJ
fbem-15617	62	116	-	-	PUNCT
fbem-15617	62	117	term	term	NOUN
fbem-15617	62	118	component	component	NOUN
fbem-15617	62	119	volatility	volatility	NOUN
fbem-15617	62	120	;	;	PUNCT
fbem-15617	62	121	for	for	ADP
fbem-15617	62	122	long	long	ADJ
fbem-15617	62	123	-	-	PUNCT
fbem-15617	62	124	term	term	NOUN
fbem-15617	62	125	components	component	NOUN
fbem-15617	62	126	,	,	PUNCT
fbem-15617	62	127	t	t	PROPN
fbem-15617	62	128	is	be	AUX
fbem-15617	62	129	the	the	DET
fbem-15617	62	130	weighted	weighted	ADJ
fbem-15617	62	131	value	value	NOUN
fbem-15617	62	132	of	of	ADP
fbem-15617	62	133	monthly	monthly	ADJ
fbem-15617	62	134	realized	realize	VERB
fbem-15617	62	135	volatility	volatility	NOUN
fbem-15617	62	136	under	under	ADP
fbem-15617	62	137	the	the	DET
fbem-15617	62	138	beta	beta	ADJ
fbem-15617	62	139	weight	weight	NOUN
fbem-15617	62	140	function	function	NOUN
fbem-15617	62	141	,	,	PUNCT
fbem-15617	62	142	as	as	SCONJ
fbem-15617	62	143	shown	show	VERB
fbem-15617	62	144	in	in	ADP
fbem-15617	62	145	equation	equation	NOUN
fbem-15617	62	146	(	(	PUNCT
fbem-15617	62	147	5	5	NUM
fbem-15617	62	148	)	)	PUNCT
fbem-15617	62	149	.	.	PUNCT
fbem-15617	63	1	k	k	PROPN
fbem-15617	63	2	is	be	AUX
fbem-15617	63	3	the	the	DET
fbem-15617	63	4	lag	lag	NOUN
fbem-15617	63	5	order	order	NOUN
fbem-15617	63	6	of	of	ADP
fbem-15617	63	7	the	the	DET
fbem-15617	63	8	selected	select	VERB
fbem-15617	63	9	monthly	monthly	ADJ
fbem-15617	63	10	realized	realize	VERB
fbem-15617	63	11	volatility	volatility	NOUN
fbem-15617	63	12	.	.	PUNCT
fbem-15617	64	1	this	this	DET
fbem-15617	64	2	article	article	NOUN
fbem-15617	64	3	introduces	introduce	VERB
fbem-15617	64	4	the	the	DET
fbem-15617	64	5	monthly	monthly	ADJ
fbem-15617	64	6	realized	realize	VERB
fbem-15617	64	7	volatility	volatility	NOUN
fbem-15617	64	8	trv	trv	PROPN
fbem-15617	64	9	with	with	ADP
fbem-15617	64	10	a	a	DET
fbem-15617	64	11	lag	lag	NOUN
fbem-15617	64	12	of	of	ADP
fbem-15617	64	13	one	one	NUM
fbem-15617	64	14	year	year	NOUN
fbem-15617	64	15	as	as	ADP
fbem-15617	64	16	a	a	DET
fbem-15617	64	17	long	long	ADJ
fbem-15617	64	18	-	-	PUNCT
fbem-15617	64	19	term	term	NOUN
fbem-15617	64	20	component	component	NOUN
fbem-15617	64	21	into	into	ADP
fbem-15617	64	22	the	the	DET
fbem-15617	64	23	model	model	NOUN
fbem-15617	64	24	,	,	PUNCT
fbem-15617	64	25	that	that	ADV
fbem-15617	64	26	is	is	ADV
fbem-15617	64	27	,	,	PUNCT
fbem-15617	64	28	k=12	k=12	PROPN
fbem-15617	64	29	.	.	PUNCT
fbem-15617	65	1	trv	trv	PROPN
fbem-15617	65	2	is	be	AUX
fbem-15617	65	3	the	the	DET
fbem-15617	65	4	sum	sum	NOUN
fbem-15617	65	5	of	of	ADP
fbem-15617	65	6	squares	square	NOUN
fbem-15617	65	7	of	of	ADP
fbem-15617	65	8	daily	daily	ADJ
fbem-15617	65	9	returns	return	NOUN
fbem-15617	65	10	,	,	PUNCT
fbem-15617	65	11	where	where	SCONJ
fbem-15617	65	12	is	be	AUX
fbem-15617	65	13	the	the	DET
fbem-15617	65	14	number	number	NOUN
fbem-15617	65	15	of	of	ADP
fbem-15617	65	16	trading	trading	NOUN
fbem-15617	65	17	days	day	NOUN
fbem-15617	65	18	in	in	ADP
fbem-15617	65	19	month	month	NOUN
fbem-15617	65	20	t.	t.	NOUN
fbem-15617	65	21			PROPN
fbem-15617	65	22			PUNCT
fbem-15617	65	23			NOUN
fbem-15617	65	24			PUNCT
fbem-15617	65	25			NOUN
fbem-15617	65	26			NOUN
fbem-15617	65	27	1	1	NUM
fbem-15617	65	28	1	1	NUM
fbem-15617	65	29	1	1	NUM
fbem-15617	65	30	1	1	NUM
fbem-15617	65	31	1	1	NUM
fbem-15617	65	32	1	1	NUM
fbem-15617	65	33	1	1	NUM
fbem-15617	65	34	/	/	SYM
fbem-15617	65	35	1	1	NUM
fbem-15617	65	36	/	/	SYM
fbem-15617	65	37	k	k	NOUN
fbem-15617	66	1	k	k	PROPN
fbem-15617	66	2	j	j	PROPN
fbem-15617	67	1	k	k	PROPN
fbem-15617	67	2	k	k	PROPN
fbem-15617	67	3	k	k	PROPN
fbem-15617	67	4	k	k	X
fbem-15617	68	1			X
fbem-15617	68	2			X
fbem-15617	68	3			PROPN
fbem-15617	68	4			X
fbem-15617	68	5			PROPN
fbem-15617	68	6			PROPN
fbem-15617	68	7			PROPN
fbem-15617	68	8			PROPN
fbem-15617	68	9			NUM
fbem-15617	68	10			X
fbem-15617	68	11	(	(	PUNCT
fbem-15617	68	12	5	5	NUM
fbem-15617	68	13	)	)	SYM
fbem-15617	68	14	2	2	NUM
fbem-15617	68	15	,	,	PUNCT
fbem-15617	68	16	1	1	NUM
fbem-15617	68	17	tn	tn	NOUN
fbem-15617	68	18	t	t	NOUN
fbem-15617	69	1	i	i	PRON
fbem-15617	69	2	t	t	VERB
fbem-15617	70	1	i	i	PRON
fbem-15617	70	2	rv	rv	INTJ
fbem-15617	71	1	r	r	NOUN
fbem-15617	71	2			NOUN
fbem-15617	72	1			NOUN
fbem-15617	72	2			X
fbem-15617	72	3	(	(	PUNCT
fbem-15617	72	4	6	6	X
fbem-15617	72	5	)	)	PUNCT
fbem-15617	72	6	the	the	DET
fbem-15617	72	7	above	above	ADJ
fbem-15617	72	8	equations	equation	NOUN
fbem-15617	72	9	(	(	PUNCT
fbem-15617	72	10	1	1	NUM
fbem-15617	72	11	)	)	PUNCT
fbem-15617	72	12	(	(	PUNCT
fbem-15617	72	13	6	6	NUM
fbem-15617	72	14	)	)	PUNCT
fbem-15617	72	15	together	together	ADV
fbem-15617	72	16	constitute	constitute	VERB
fbem-15617	72	17	the	the	DET
fbem-15617	72	18	garch	garch	NOUN
fbem-15617	72	19	-	-	PUNCT
fbem-15617	72	20	midas	midas	PROPN
fbem-15617	72	21	model	model	NOUN
fbem-15617	72	22	based	base	VERB
fbem-15617	72	23	on	on	ADP
fbem-15617	72	24	monthly	monthly	ADJ
fbem-15617	72	25	realized	realize	VERB
fbem-15617	72	26	volatility	volatility	NOUN
fbem-15617	72	27	of	of	ADP
fbem-15617	72	28	return	return	NOUN
fbem-15617	72	29	information	information	NOUN
fbem-15617	72	30	.	.	PUNCT
fbem-15617	73	1	274	274	NUM
fbem-15617	73	2	3.2	3.2	NUM
fbem-15617	73	3	.	.	PUNCT
fbem-15617	74	1	the	the	DET
fbem-15617	74	2	vs	vs	ADP
fbem-15617	74	3	-	-	PUNCT
fbem-15617	74	4	garch	garch	NOUN
fbem-15617	74	5	-	-	PUNCT
fbem-15617	74	6	midas	midas	PROPN
fbem-15617	74	7	model	model	NOUN
fbem-15617	74	8	this	this	DET
fbem-15617	74	9	paper	paper	NOUN
fbem-15617	74	10	introduces	introduce	VERB
fbem-15617	74	11	the	the	DET
fbem-15617	74	12	potential	potential	ADJ
fbem-15617	74	13	spillover	spillover	NOUN
fbem-15617	74	14	effects	effect	NOUN
fbem-15617	74	15	of	of	ADP
fbem-15617	74	16	the	the	DET
fbem-15617	74	17	brent	brent	PROPN
fbem-15617	74	18	crude	crude	PROPN
fbem-15617	74	19	oil	oil	NOUN
fbem-15617	74	20	futures	future	NOUN
fbem-15617	74	21	market	market	NOUN
fbem-15617	74	22	on	on	ADP
fbem-15617	74	23	the	the	DET
fbem-15617	74	24	eua	eua	PROPN
fbem-15617	74	25	futures	futures	PROPN
fbem-15617	74	26	market	market	NOUN
fbem-15617	74	27	into	into	ADP
fbem-15617	74	28	the	the	DET
fbem-15617	74	29	garch	garch	NOUN
fbem-15617	74	30	-	-	PUNCT
fbem-15617	74	31	midas	midas	PROPN
fbem-15617	74	32	model	model	NOUN
fbem-15617	74	33	,	,	PUNCT
fbem-15617	74	34	and	and	CCONJ
fbem-15617	74	35	uses	use	VERB
fbem-15617	74	36	the	the	DET
fbem-15617	74	37	monthly	monthly	ADJ
fbem-15617	74	38	realized	realize	VERB
fbem-15617	74	39	volatility	volatility	NOUN
fbem-15617	74	40	of	of	ADP
fbem-15617	74	41	the	the	DET
fbem-15617	74	42	brent	brent	PROPN
fbem-15617	74	43	crude	crude	PROPN
fbem-15617	74	44	oil	oil	NOUN
fbem-15617	74	45	futures	future	NOUN
fbem-15617	74	46	market	market	NOUN
fbem-15617	74	47	as	as	ADP
fbem-15617	74	48	a	a	DET
fbem-15617	74	49	proxy	proxy	NOUN
fbem-15617	74	50	variable	variable	NOUN
fbem-15617	74	51	to	to	PART
fbem-15617	74	52	reflect	reflect	VERB
fbem-15617	74	53	the	the	DET
fbem-15617	74	54	spillover	spillover	NOUN
fbem-15617	74	55	effects	effect	NOUN
fbem-15617	74	56	on	on	ADP
fbem-15617	74	57	the	the	DET
fbem-15617	74	58	eua	eua	PROPN
fbem-15617	74	59	futures	future	NOUN
fbem-15617	74	60	market	market	NOUN
fbem-15617	74	61	.	.	PUNCT
fbem-15617	75	1	the	the	DET
fbem-15617	75	2	long	long	ADJ
fbem-15617	75	3	-	-	PUNCT
fbem-15617	75	4	term	term	NOUN
fbem-15617	75	5	components	component	NOUN
fbem-15617	75	6	of	of	ADP
fbem-15617	75	7	the	the	DET
fbem-15617	75	8	vs	vs	ADJ
fbem-15617	75	9	-	-	PUNCT
fbem-15617	75	10	garchmidas	garchmidas	ADJ
fbem-15617	75	11	model	model	NOUN
fbem-15617	75	12	are	be	AUX
fbem-15617	75	13	shown	show	VERB
fbem-15617	75	14	below	below	ADP
fbem-15617	75	15	.	.	PUNCT
fbem-15617	76	1	1	1	NUM
fbem-15617	76	2	1	1	NUM
fbem-15617	76	3	2	2	NUM
fbem-15617	76	4	1	1	NUM
fbem-15617	76	5	ln	ln	NOUN
fbem-15617	76	6	(	(	PUNCT
fbem-15617	76	7	)	)	PUNCT
fbem-15617	76	8	ln	ln	ADJ
fbem-15617	76	9	(	(	PUNCT
fbem-15617	76	10	)	)	PUNCT
fbem-15617	76	11	ln	ln	ADJ
fbem-15617	76	12	(	(	PUNCT
fbem-15617	76	13	)	)	PUNCT
fbem-15617	77	1	k	k	PROPN
fbem-15617	77	2	t	t	PROPN
fbem-15617	78	1	k	k	PROPN
fbem-15617	78	2	t	t	PROPN
fbem-15617	79	1	k	k	PROPN
fbem-15617	79	2	t	t	PROPN
fbem-15617	80	1	k	k	PROPN
fbem-15617	80	2	m	m	VERB
fbem-15617	80	3	rv	rv	NOUN
fbem-15617	80	4	rv	rv	PROPN
fbem-15617	80	5			X
fbem-15617	80	6			PROPN
fbem-15617	80	7			PROPN
fbem-15617	80	8			PROPN
fbem-15617	80	9			PROPN
fbem-15617	80	10			PROPN
fbem-15617	80	11			PROPN
fbem-15617	80	12			ADJ
fbem-15617	80	13			NOUN
fbem-15617	80	14	(	(	PUNCT
fbem-15617	80	15	7	7	NUM
fbem-15617	80	16	)	)	PUNCT
fbem-15617	80	17			NOUN
fbem-15617	80	18	2	2	NOUN
fbem-15617	80	19	,	,	PUNCT
fbem-15617	81	1	1	1	NUM
fbem-15617	81	2	tn	tn	NOUN
fbem-15617	81	3	t	t	NOUN
fbem-15617	82	1	i	i	PRON
fbem-15617	82	2	t	t	VERB
fbem-15617	83	1	i	i	PRON
fbem-15617	83	2	rv	rv	PROPN
fbem-15617	83	3	r	r	PROPN
fbem-15617	84	1			PROPN
fbem-15617	85	1			NUM
fbem-15617	85	2			NOUN
fbem-15617	85	3			X
fbem-15617	85	4	(	(	PUNCT
fbem-15617	85	5	8)	8)	NUM
fbem-15617	85	6	among	among	ADP
fbem-15617	85	7	them	they	PRON
fbem-15617	85	8	,	,	PUNCT
fbem-15617	85	9	trv	trv	PROPN
fbem-15617	85	10			PROPN
fbem-15617	85	11	is	be	AUX
fbem-15617	85	12	the	the	DET
fbem-15617	85	13	monthly	monthly	ADJ
fbem-15617	85	14	realized	realize	VERB
fbem-15617	85	15	volatility	volatility	NOUN
fbem-15617	85	16	of	of	ADP
fbem-15617	85	17	brent	brent	PROPN
fbem-15617	85	18	crude	crude	PROPN
fbem-15617	85	19	oil	oil	NOUN
fbem-15617	85	20	futures	future	NOUN
fbem-15617	85	21	.	.	PUNCT
fbem-15617	86	1	unlike	unlike	ADP
fbem-15617	86	2	the	the	DET
fbem-15617	86	3	long	long	ADJ
fbem-15617	86	4	-	-	PUNCT
fbem-15617	86	5	term	term	NOUN
fbem-15617	86	6	components	component	NOUN
fbem-15617	86	7	driven	drive	VERB
fbem-15617	86	8	by	by	ADP
fbem-15617	86	9	the	the	DET
fbem-15617	86	10	monthly	monthly	ADJ
fbem-15617	86	11	realized	realize	VERB
fbem-15617	86	12	volatility	volatility	NOUN
fbem-15617	86	13	of	of	ADP
fbem-15617	86	14	eua	eua	PROPN
fbem-15617	86	15	futures	future	NOUN
fbem-15617	86	16	in	in	ADP
fbem-15617	86	17	their	their	PRON
fbem-15617	86	18	own	own	ADJ
fbem-15617	86	19	lagged	lag	VERB
fbem-15617	86	20	period	period	NOUN
fbem-15617	86	21	,	,	PUNCT
fbem-15617	86	22	spillover	spillover	VERB
fbem-15617	86	23	effects	effect	NOUN
fbem-15617	86	24	can	can	AUX
fbem-15617	86	25	usually	usually	ADV
fbem-15617	86	26	be	be	AUX
fbem-15617	86	27	quickly	quickly	ADV
fbem-15617	86	28	and	and	CCONJ
fbem-15617	86	29	timely	timely	ADV
fbem-15617	86	30	transmitted	transmit	VERB
fbem-15617	86	31	between	between	ADP
fbem-15617	86	32	related	related	ADJ
fbem-15617	86	33	markets	market	NOUN
fbem-15617	86	34	.	.	PUNCT
fbem-15617	87	1	therefore	therefore	ADV
fbem-15617	87	2	,	,	PUNCT
fbem-15617	87	3	this	this	DET
fbem-15617	87	4	article	article	NOUN
fbem-15617	87	5	selects	select	VERB
fbem-15617	87	6	the	the	DET
fbem-15617	87	7	monthly	monthly	ADJ
fbem-15617	87	8	realized	realize	VERB
fbem-15617	87	9	volatility	volatility	NOUN
fbem-15617	87	10	of	of	ADP
fbem-15617	87	11	brent	brent	PROPN
fbem-15617	87	12	crude	crude	PROPN
fbem-15617	87	13	oil	oil	NOUN
fbem-15617	87	14	futures	future	NOUN
fbem-15617	87	15	for	for	ADP
fbem-15617	87	16	the	the	DET
fbem-15617	87	17	current	current	ADJ
fbem-15617	87	18	period	period	NOUN
fbem-15617	87	19	and	and	CCONJ
fbem-15617	87	20	introduces	introduce	VERB
fbem-15617	87	21	the	the	DET
fbem-15617	87	22	garch	garch	NOUN
fbem-15617	87	23	-	-	PUNCT
fbem-15617	87	24	midas	midas	PROPN
fbem-15617	87	25	model	model	NOUN
fbem-15617	87	26	to	to	PART
fbem-15617	87	27	examine	examine	VERB
fbem-15617	87	28	the	the	DET
fbem-15617	87	29	impact	impact	NOUN
fbem-15617	87	30	of	of	ADP
fbem-15617	87	31	immediate	immediate	ADJ
fbem-15617	87	32	spillover	spillover	NOUN
fbem-15617	87	33	effects	effect	NOUN
fbem-15617	87	34	on	on	ADP
fbem-15617	87	35	the	the	DET
fbem-15617	87	36	volatility	volatility	NOUN
fbem-15617	87	37	of	of	ADP
fbem-15617	87	38	eua	eua	PROPN
fbem-15617	87	39	futures	futures	PROPN
fbem-15617	87	40	.	.	PUNCT
fbem-15617	88	1	,	,	PUNCT
fbem-15617	88	2	i	i	PRON
fbem-15617	88	3	tr	tr	VERB
fbem-15617	88	4			PROPN
fbem-15617	88	5	is	be	AUX
fbem-15617	88	6	the	the	DET
fbem-15617	88	7	daily	daily	ADJ
fbem-15617	88	8	yield	yield	NOUN
fbem-15617	88	9	of	of	ADP
fbem-15617	88	10	brent	brent	PROPN
fbem-15617	88	11	crude	crude	PROPN
fbem-15617	88	12	oil	oil	NOUN
fbem-15617	88	13	futures	future	NOUN
fbem-15617	88	14	,	,	PUNCT
fbem-15617	88	15	trv	trv	PROPN
fbem-15617	88	16			PROPN
fbem-15617	88	17	is	be	AUX
fbem-15617	88	18	measured	measure	VERB
fbem-15617	88	19	by	by	ADP
fbem-15617	88	20	the	the	DET
fbem-15617	88	21	sum	sum	NOUN
fbem-15617	88	22	of	of	ADP
fbem-15617	88	23	the	the	DET
fbem-15617	88	24	squares	square	NOUN
fbem-15617	88	25	of	of	ADP
fbem-15617	88	26	the	the	DET
fbem-15617	88	27	daily	daily	ADJ
fbem-15617	88	28	returns	return	NOUN
fbem-15617	88	29	,	,	PUNCT
fbem-15617	88	30	tn	tn	PROPN
fbem-15617	88	31	represents	represent	VERB
fbem-15617	88	32	the	the	DET
fbem-15617	88	33	number	number	NOUN
fbem-15617	88	34	of	of	ADP
fbem-15617	88	35	trading	trading	NOUN
fbem-15617	88	36	days	day	NOUN
fbem-15617	88	37	in	in	ADP
fbem-15617	88	38	month	month	NOUN
fbem-15617	88	39	t.	t.	PROPN
fbem-15617	88	40	2	2	NOUN
fbem-15617	88	41	reflecting	reflect	VERB
fbem-15617	88	42	the	the	DET
fbem-15617	88	43	spillover	spillover	ADJ
fbem-15617	88	44	effect	effect	NOUN
fbem-15617	88	45	of	of	ADP
fbem-15617	88	46	brent	brent	PROPN
fbem-15617	88	47	crude	crude	PROPN
fbem-15617	88	48	oil	oil	NOUN
fbem-15617	88	49	futures	future	NOUN
fbem-15617	88	50	market	market	NOUN
fbem-15617	88	51	on	on	ADP
fbem-15617	88	52	eua	eua	PROPN
fbem-15617	88	53	futures	future	NOUN
fbem-15617	88	54	market	market	NOUN
fbem-15617	88	55	,	,	PUNCT
fbem-15617	88	56	it	it	PRON
fbem-15617	88	57	significantly	significantly	ADV
fbem-15617	88	58	indicates	indicate	VERB
fbem-15617	88	59	the	the	DET
fbem-15617	88	60	existence	existence	NOUN
fbem-15617	88	61	of	of	ADP
fbem-15617	88	62	one	one	NUM
fbem-15617	88	63	-	-	PUNCT
fbem-15617	88	64	way	way	NOUN
fbem-15617	88	65	spillover	spillover	ADJ
fbem-15617	88	66	effect	effect	NOUN
fbem-15617	88	67	,	,	PUNCT
fbem-15617	88	68	while	while	SCONJ
fbem-15617	88	69	the	the	DET
fbem-15617	88	70	opposite	opposite	NOUN
fbem-15617	88	71	does	do	AUX
fbem-15617	88	72	not	not	PART
fbem-15617	88	73	exist	exist	VERB
fbem-15617	88	74	.	.	PUNCT
fbem-15617	89	1	4	4	X
fbem-15617	89	2	.	.	X
fbem-15617	89	3	empirical	empirical	ADJ
fbem-15617	89	4	analysis	analysis	NOUN
fbem-15617	89	5	4.1	4.1	NUM
fbem-15617	89	6	.	.	PUNCT
fbem-15617	90	1	data	datum	NOUN
fbem-15617	90	2	this	this	DET
fbem-15617	90	3	article	article	NOUN
fbem-15617	90	4	selects	select	VERB
fbem-15617	90	5	brent	brent	PROPN
fbem-15617	90	6	crude	crude	PROPN
fbem-15617	90	7	oil	oil	NOUN
fbem-15617	90	8	futures	future	NOUN
fbem-15617	90	9	price	price	NOUN
fbem-15617	90	10	data	datum	NOUN
fbem-15617	90	11	and	and	CCONJ
fbem-15617	90	12	eua	eua	PROPN
fbem-15617	90	13	futures	futures	PROPN
fbem-15617	90	14	price	price	NOUN
fbem-15617	90	15	data	datum	NOUN
fbem-15617	90	16	under	under	ADP
fbem-15617	90	17	the	the	DET
fbem-15617	90	18	ice	ice	NOUN
fbem-15617	90	19	exchange	exchange	NOUN
fbem-15617	90	20	from	from	ADP
fbem-15617	90	21	january	january	PROPN
fbem-15617	90	22	1	1	NUM
fbem-15617	90	23	,	,	PUNCT
fbem-15617	90	24	2008	2008	NUM
fbem-15617	90	25	to	to	ADP
fbem-15617	90	26	may	may	PROPN
fbem-15617	90	27	11	11	NUM
fbem-15617	90	28	,	,	PUNCT
fbem-15617	90	29	2022	2022	NUM
fbem-15617	90	30	,	,	PUNCT
fbem-15617	90	31	sourced	source	VERB
fbem-15617	90	32	from	from	ADP
fbem-15617	90	33	the	the	DET
fbem-15617	90	34	wande	wande	PROPN
fbem-15617	90	35	database	database	NOUN
fbem-15617	90	36	.	.	PUNCT
fbem-15617	91	1	among	among	ADP
fbem-15617	91	2	them	they	PRON
fbem-15617	91	3	,	,	PUNCT
fbem-15617	91	4	let	let	VERB
fbem-15617	91	5	the	the	DET
fbem-15617	91	6	logarithm	logarithm	NOUN
fbem-15617	91	7	settlement	settlement	NOUN
fbem-15617	91	8	price	price	NOUN
fbem-15617	91	9	of	of	ADP
fbem-15617	91	10	the	the	DET
fbem-15617	91	11	i	i	PROPN
fbem-15617	91	12	-	-	PUNCT
fbem-15617	91	13	th	th	VERB
fbem-15617	91	14	trading	trading	NOUN
fbem-15617	91	15	day	day	NOUN
fbem-15617	91	16	in	in	ADP
fbem-15617	91	17	the	the	DET
fbem-15617	91	18	t	t	PROPN
fbem-15617	91	19	-	-	PUNCT
fbem-15617	91	20	th	th	VERB
fbem-15617	91	21	month	month	NOUN
fbem-15617	91	22	of	of	ADP
fbem-15617	91	23	eua	eua	PROPN
fbem-15617	91	24	futures	future	NOUN
fbem-15617	91	25	be	be	VERB
fbem-15617	91	26	,	,	PUNCT
fbem-15617	91	27	i	i	PRON
fbem-15617	91	28	tp	tp	VERB
fbem-15617	91	29	,	,	PUNCT
fbem-15617	91	30	the	the	DET
fbem-15617	91	31	daily	daily	ADJ
fbem-15617	91	32	yield	yield	NOUN
fbem-15617	91	33	is	be	AUX
fbem-15617	91	34	denoted	denote	VERB
fbem-15617	91	35	as	as	ADP
fbem-15617	91	36	,	,	PUNCT
fbem-15617	91	37	,	,	PUNCT
fbem-15617	92	1	1,i	1,i	NUM
fbem-15617	92	2	t	t	NOUN
fbem-15617	93	1	i	i	PRON
fbem-15617	93	2	t	t	X
fbem-15617	94	1	i	i	PRON
fbem-15617	94	2	tr	tr	VERB
fbem-15617	94	3	p	p	PROPN
fbem-15617	94	4	p	p	VERB
fbem-15617	94	5			ADJ
fbem-15617	94	6			NOUN
fbem-15617	94	7	,	,	PUNCT
fbem-15617	94	8	and	and	CCONJ
fbem-15617	94	9	,	,	PUNCT
fbem-15617	94	10	i	i	PRON
fbem-15617	94	11	tp	tp	PROPN
fbem-15617	94	12			PROPN
fbem-15617	94	13	is	be	AUX
fbem-15617	94	14	the	the	DET
fbem-15617	94	15	settlement	settlement	NOUN
fbem-15617	94	16	price	price	NOUN
fbem-15617	94	17	of	of	ADP
fbem-15617	94	18	brent	brent	PROPN
fbem-15617	94	19	crude	crude	PROPN
fbem-15617	94	20	oil	oil	NOUN
fbem-15617	94	21	futures	future	NOUN
fbem-15617	94	22	on	on	ADP
fbem-15617	94	23	the	the	DET
fbem-15617	94	24	i	i	PROPN
fbem-15617	94	25	-	-	PUNCT
fbem-15617	94	26	th	th	VERB
fbem-15617	94	27	trading	trading	NOUN
fbem-15617	94	28	day	day	NOUN
fbem-15617	94	29	of	of	ADP
fbem-15617	94	30	the	the	DET
fbem-15617	94	31	t	t	PROPN
fbem-15617	94	32	-	-	PUNCT
fbem-15617	94	33	th	th	NUM
fbem-15617	94	34	month	month	NOUN
fbem-15617	94	35	.	.	PUNCT
fbem-15617	95	1	the	the	DET
fbem-15617	95	2	daily	daily	ADJ
fbem-15617	95	3	yield	yield	NOUN
fbem-15617	95	4	is	be	AUX
fbem-15617	95	5	denoted	denote	VERB
fbem-15617	95	6	as	as	ADP
fbem-15617	95	7	,	,	PUNCT
fbem-15617	95	8	,	,	PUNCT
fbem-15617	96	1	1,i	1,i	NUM
fbem-15617	96	2	t	t	NOUN
fbem-15617	97	1	i	i	PRON
fbem-15617	97	2	t	t	X
fbem-15617	98	1	i	i	PRON
fbem-15617	98	2	tr	tr	PROPN
fbem-15617	98	3	p	p	PROPN
fbem-15617	98	4	p	p	PROPN
fbem-15617	98	5			PROPN
fbem-15617	98	6			PROPN
fbem-15617	98	7			PROPN
fbem-15617	98	8			ADJ
fbem-15617	98	9			NOUN
fbem-15617	98	10	,	,	PUNCT
fbem-15617	98	11	,	,	PUNCT
fbem-15617	98	12	i	i	PRON
fbem-15617	98	13	tr	tr	VERB
fbem-15617	98	14	and	and	CCONJ
fbem-15617	98	15	,	,	PUNCT
fbem-15617	98	16	i	i	PRON
fbem-15617	98	17	tr	tr	VERB
fbem-15617	98	18			PROPN
fbem-15617	98	19	are	be	AUX
fbem-15617	98	20	shown	show	VERB
fbem-15617	98	21	in	in	ADP
fbem-15617	98	22	figure	figure	NOUN
fbem-15617	98	23	1	1	NUM
fbem-15617	98	24	.	.	PUNCT
fbem-15617	99	1	from	from	ADP
fbem-15617	99	2	figures	figure	NOUN
fbem-15617	99	3	1	1	NUM
fbem-15617	99	4	and	and	CCONJ
fbem-15617	99	5	2	2	NUM
fbem-15617	99	6	,	,	PUNCT
fbem-15617	99	7	it	it	PRON
fbem-15617	99	8	can	can	AUX
fbem-15617	99	9	be	be	AUX
fbem-15617	99	10	seen	see	VERB
fbem-15617	99	11	that	that	SCONJ
fbem-15617	99	12	there	there	PRON
fbem-15617	99	13	is	be	VERB
fbem-15617	99	14	a	a	DET
fbem-15617	99	15	significant	significant	ADJ
fbem-15617	99	16	temporal	temporal	ADJ
fbem-15617	99	17	variability	variability	NOUN
fbem-15617	99	18	and	and	CCONJ
fbem-15617	99	19	volatility	volatility	NOUN
fbem-15617	99	20	clustering	cluster	VERB
fbem-15617	99	21	between	between	ADP
fbem-15617	99	22	the	the	DET
fbem-15617	99	23	eua	eua	PROPN
fbem-15617	99	24	futures	futures	PROPN
fbem-15617	99	25	yield	yield	NOUN
fbem-15617	99	26	series	serie	NOUN
fbem-15617	99	27	and	and	CCONJ
fbem-15617	99	28	the	the	DET
fbem-15617	99	29	brent	brent	PROPN
fbem-15617	99	30	crude	crude	PROPN
fbem-15617	99	31	oil	oil	NOUN
fbem-15617	99	32	futures	future	NOUN
fbem-15617	99	33	yield	yield	NOUN
fbem-15617	99	34	series	serie	NOUN
fbem-15617	99	35	.	.	PUNCT
fbem-15617	100	1	overall	overall	ADV
fbem-15617	100	2	,	,	PUNCT
fbem-15617	100	3	the	the	DET
fbem-15617	100	4	volatility	volatility	NOUN
fbem-15617	100	5	of	of	ADP
fbem-15617	100	6	brent	brent	PROPN
fbem-15617	100	7	crude	crude	PROPN
fbem-15617	100	8	oil	oil	NOUN
fbem-15617	100	9	futures	future	NOUN
fbem-15617	100	10	is	be	AUX
fbem-15617	100	11	regular	regular	ADJ
fbem-15617	100	12	,	,	PUNCT
fbem-15617	100	13	with	with	ADP
fbem-15617	100	14	stronger	strong	ADJ
fbem-15617	100	15	volatility	volatility	NOUN
fbem-15617	100	16	clustering	clustering	NOUN
fbem-15617	100	17	.	.	PUNCT
fbem-15617	101	1	during	during	ADP
fbem-15617	101	2	periods	period	NOUN
fbem-15617	101	3	of	of	ADP
fbem-15617	101	4	high	high	ADJ
fbem-15617	101	5	volatility	volatility	NOUN
fbem-15617	101	6	in	in	ADP
fbem-15617	101	7	brent	brent	PROPN
fbem-15617	101	8	crude	crude	PROPN
fbem-15617	101	9	oil	oil	NOUN
fbem-15617	101	10	futures	future	NOUN
fbem-15617	101	11	,	,	PUNCT
fbem-15617	101	12	the	the	DET
fbem-15617	101	13	yield	yield	NOUN
fbem-15617	101	14	series	series	NOUN
fbem-15617	101	15	of	of	ADP
fbem-15617	101	16	eua	eua	PROPN
fbem-15617	101	17	futures	future	NOUN
fbem-15617	101	18	also	also	ADV
fbem-15617	101	19	show	show	VERB
fbem-15617	101	20	significant	significant	ADJ
fbem-15617	101	21	fluctuations	fluctuation	NOUN
fbem-15617	101	22	,	,	PUNCT
fbem-15617	101	23	and	and	CCONJ
fbem-15617	101	24	there	there	PRON
fbem-15617	101	25	may	may	AUX
fbem-15617	101	26	be	be	AUX
fbem-15617	101	27	spillover	spillover	VERB
fbem-15617	101	28	effects	effect	NOUN
fbem-15617	101	29	between	between	ADP
fbem-15617	101	30	the	the	DET
fbem-15617	101	31	two	two	NUM
fbem-15617	101	32	markets	market	NOUN
fbem-15617	101	33	.	.	PUNCT
fbem-15617	102	1	the	the	DET
fbem-15617	102	2	descriptive	descriptive	ADJ
fbem-15617	102	3	statistics	statistic	NOUN
fbem-15617	102	4	of	of	ADP
fbem-15617	102	5	the	the	DET
fbem-15617	102	6	two	two	NUM
fbem-15617	102	7	are	be	AUX
fbem-15617	102	8	shown	show	VERB
fbem-15617	102	9	in	in	ADP
fbem-15617	102	10	table	table	NOUN
fbem-15617	102	11	1	1	NUM
fbem-15617	102	12	.	.	PUNCT
fbem-15617	102	13	figure	figure	NOUN
fbem-15617	102	14	1	1	NUM
fbem-15617	102	15	.	.	PUNCT
fbem-15617	102	16	eua	eua	PROPN
fbem-15617	102	17	futures	futures	PROPN
fbem-15617	102	18	returns	return	NOUN
fbem-15617	102	19	figure	figure	VERB
fbem-15617	102	20	2	2	NUM
fbem-15617	102	21	.	.	PUNCT
fbem-15617	102	22	brent	brent	PROPN
fbem-15617	102	23	crude	crude	PROPN
fbem-15617	102	24	oil	oil	NOUN
fbem-15617	102	25	futures	future	NOUN
fbem-15617	102	26	returns	return	VERB
fbem-15617	102	27	275	275	NUM
fbem-15617	102	28	according	accord	VERB
fbem-15617	102	29	to	to	ADP
fbem-15617	102	30	table	table	NOUN
fbem-15617	102	31	1	1	NUM
fbem-15617	102	32	,	,	PUNCT
fbem-15617	102	33	the	the	DET
fbem-15617	102	34	skewness	skewness	NOUN
fbem-15617	102	35	of	of	ADP
fbem-15617	102	36	the	the	DET
fbem-15617	102	37	yield	yield	NOUN
fbem-15617	102	38	series	series	NOUN
fbem-15617	102	39	of	of	ADP
fbem-15617	102	40	eua	eua	PROPN
fbem-15617	102	41	futures	futures	PROPN
fbem-15617	102	42	and	and	CCONJ
fbem-15617	102	43	brent	brent	PROPN
fbem-15617	102	44	crude	crude	PROPN
fbem-15617	102	45	oil	oil	NOUN
fbem-15617	102	46	futures	future	NOUN
fbem-15617	102	47	is	be	AUX
fbem-15617	102	48	less	less	ADJ
fbem-15617	102	49	than	than	ADP
fbem-15617	102	50	0	0	NUM
fbem-15617	102	51	,	,	PUNCT
fbem-15617	102	52	the	the	DET
fbem-15617	102	53	kurtosis	kurtosis	NOUN
fbem-15617	102	54	is	be	AUX
fbem-15617	102	55	greater	great	ADJ
fbem-15617	102	56	than	than	ADP
fbem-15617	102	57	3	3	NUM
fbem-15617	102	58	,	,	PUNCT
fbem-15617	102	59	and	and	CCONJ
fbem-15617	102	60	there	there	PRON
fbem-15617	102	61	is	be	VERB
fbem-15617	102	62	a	a	DET
fbem-15617	102	63	clear	clear	ADJ
fbem-15617	102	64	peak	peak	NOUN
fbem-15617	102	65	and	and	CCONJ
fbem-15617	102	66	thick	thick	ADJ
fbem-15617	102	67	tail	tail	NOUN
fbem-15617	102	68	feature	feature	NOUN
fbem-15617	102	69	.	.	PUNCT
fbem-15617	103	1	the	the	DET
fbem-15617	103	2	mean	mean	ADJ
fbem-15617	103	3	and	and	CCONJ
fbem-15617	103	4	standard	standard	ADJ
fbem-15617	103	5	deviation	deviation	NOUN
fbem-15617	103	6	of	of	ADP
fbem-15617	103	7	the	the	DET
fbem-15617	103	8	daily	daily	ADJ
fbem-15617	103	9	yield	yield	NOUN
fbem-15617	103	10	of	of	ADP
fbem-15617	103	11	eua	eua	PROPN
fbem-15617	103	12	futures	future	NOUN
fbem-15617	103	13	are	be	AUX
fbem-15617	103	14	higher	high	ADJ
fbem-15617	103	15	than	than	ADP
fbem-15617	103	16	those	those	PRON
fbem-15617	103	17	of	of	ADP
fbem-15617	103	18	brent	brent	PROPN
fbem-15617	103	19	crude	crude	PROPN
fbem-15617	103	20	oil	oil	NOUN
fbem-15617	103	21	futures	future	NOUN
fbem-15617	103	22	,	,	PUNCT
fbem-15617	103	23	and	and	CCONJ
fbem-15617	103	24	the	the	DET
fbem-15617	103	25	volatility	volatility	NOUN
fbem-15617	103	26	of	of	ADP
fbem-15617	103	27	their	their	PRON
fbem-15617	103	28	yield	yield	NOUN
fbem-15617	103	29	series	series	NOUN
fbem-15617	103	30	is	be	AUX
fbem-15617	103	31	greater	great	ADJ
fbem-15617	103	32	.	.	PUNCT
fbem-15617	104	1	the	the	DET
fbem-15617	104	2	kurtosis	kurtosis	NOUN
fbem-15617	104	3	of	of	ADP
fbem-15617	104	4	the	the	DET
fbem-15617	104	5	daily	daily	ADJ
fbem-15617	104	6	yield	yield	NOUN
fbem-15617	104	7	distribution	distribution	NOUN
fbem-15617	104	8	of	of	ADP
fbem-15617	104	9	eua	eua	PROPN
fbem-15617	104	10	futures	future	NOUN
fbem-15617	104	11	is	be	AUX
fbem-15617	104	12	higher	high	ADJ
fbem-15617	104	13	,	,	PUNCT
fbem-15617	104	14	and	and	CCONJ
fbem-15617	104	15	the	the	DET
fbem-15617	104	16	probability	probability	NOUN
fbem-15617	104	17	of	of	ADP
fbem-15617	104	18	extreme	extreme	ADJ
fbem-15617	104	19	values	value	NOUN
fbem-15617	104	20	or	or	CCONJ
fbem-15617	104	21	abnormal	abnormal	ADJ
fbem-15617	104	22	fluctuations	fluctuation	NOUN
fbem-15617	104	23	is	be	AUX
fbem-15617	104	24	higher	high	ADJ
fbem-15617	104	25	.	.	PUNCT
fbem-15617	105	1	and	and	CCONJ
fbem-15617	105	2	the	the	DET
fbem-15617	105	3	values	value	NOUN
fbem-15617	105	4	of	of	ADP
fbem-15617	105	5	the	the	DET
fbem-15617	105	6	j	j	PROPN
fbem-15617	105	7	-	-	PUNCT
fbem-15617	105	8	b	b	PROPN
fbem-15617	105	9	statistic	statistic	NOUN
fbem-15617	105	10	are	be	AUX
fbem-15617	105	11	both	both	ADV
fbem-15617	105	12	greater	great	ADJ
fbem-15617	105	13	than	than	ADP
fbem-15617	105	14	0	0	NUM
fbem-15617	105	15	,	,	PUNCT
fbem-15617	105	16	indicating	indicate	VERB
fbem-15617	105	17	that	that	SCONJ
fbem-15617	105	18	both	both	DET
fbem-15617	105	19	sample	sample	NOUN
fbem-15617	105	20	populations	population	NOUN
fbem-15617	105	21	do	do	AUX
fbem-15617	105	22	not	not	PART
fbem-15617	105	23	follow	follow	VERB
fbem-15617	105	24	a	a	DET
fbem-15617	105	25	normal	normal	ADJ
fbem-15617	105	26	distribution	distribution	NOUN
fbem-15617	105	27	.	.	PUNCT
fbem-15617	106	1	table	table	NOUN
fbem-15617	106	2	1	1	NUM
fbem-15617	106	3	.	.	PUNCT
fbem-15617	107	1	descriptive	descriptive	ADJ
fbem-15617	107	2	statistics	statistic	NOUN
fbem-15617	107	3	mean	mean	VERB
fbem-15617	107	4	std	std	X
fbem-15617	107	5	.	.	PROPN
fbem-15617	107	6	skew	skew	PROPN
fbem-15617	107	7	kurt	kurt	PROPN
fbem-15617	107	8	.	.	PUNCT
fbem-15617	108	1	j	j	PROPN
fbem-15617	108	2	-	-	PUNCT
fbem-15617	108	3	b	b	PROPN
fbem-15617	108	4	,	,	PUNCT
fbem-15617	108	5	i	i	PRON
fbem-15617	108	6	tr	tr	VERB
fbem-15617	108	7	3.6598e-04	3.6598e-04	NUM
fbem-15617	108	8	0.0493	0.0493	NUM
fbem-15617	108	9	-0.4387	-0.4387	NOUN
fbem-15617	108	10	40.9999	40.9999	NUM
fbem-15617	108	11	2.1918e+05	2.1918e+05	NUM
fbem-15617	108	12	,	,	PUNCT
fbem-15617	108	13	i	i	PRON
fbem-15617	108	14	tr	tr	VERB
fbem-15617	108	15			PROPN
fbem-15617	108	16	2.1845e-05	2.1845e-05	NUM
fbem-15617	108	17	0.0243	0.0243	NUM
fbem-15617	108	18	-0.6293	-0.6293	NOUN
fbem-15617	109	1	17.9511	17.9511	NUM
fbem-15617	109	2	3.4152e+04	3.4152e+04	NUM
fbem-15617	109	3	4.2	4.2	NUM
fbem-15617	109	4	.	.	PUNCT
fbem-15617	110	1	in	in	ADP
fbem-15617	110	2	-	-	PUNCT
fbem-15617	110	3	sample	sample	NOUN
fbem-15617	110	4	parameter	parameter	NOUN
fbem-15617	110	5	estimation	estimation	NOUN
fbem-15617	110	6	this	this	DET
fbem-15617	110	7	article	article	NOUN
fbem-15617	110	8	uses	use	VERB
fbem-15617	110	9	the	the	DET
fbem-15617	110	10	maximum	maximum	ADJ
fbem-15617	110	11	likelihood	likelihood	NOUN
fbem-15617	110	12	estimation	estimation	NOUN
fbem-15617	110	13	method	method	NOUN
fbem-15617	110	14	based	base	VERB
fbem-15617	110	15	on	on	ADP
fbem-15617	110	16	eua	eua	PROPN
fbem-15617	110	17	futures	futures	PROPN
fbem-15617	110	18	price	price	NOUN
fbem-15617	110	19	data	datum	NOUN
fbem-15617	110	20	and	and	CCONJ
fbem-15617	110	21	brent	brent	PROPN
fbem-15617	110	22	crude	crude	PROPN
fbem-15617	110	23	oil	oil	NOUN
fbem-15617	110	24	futures	future	NOUN
fbem-15617	110	25	price	price	NOUN
fbem-15617	110	26	data	datum	NOUN
fbem-15617	110	27	from	from	ADP
fbem-15617	110	28	january	january	PROPN
fbem-15617	110	29	1	1	NUM
fbem-15617	110	30	,	,	PUNCT
fbem-15617	110	31	2008	2008	NUM
fbem-15617	110	32	to	to	ADP
fbem-15617	110	33	november	november	PROPN
fbem-15617	110	34	11	11	NUM
fbem-15617	110	35	,	,	PUNCT
fbem-15617	110	36	2019	2019	NUM
fbem-15617	110	37	,	,	PUNCT
fbem-15617	110	38	for	for	ADP
fbem-15617	110	39	a	a	DET
fbem-15617	110	40	total	total	NOUN
fbem-15617	110	41	of	of	ADP
fbem-15617	110	42	3001	3001	NUM
fbem-15617	110	43	samples	sample	NOUN
fbem-15617	110	44	.	.	PUNCT
fbem-15617	111	1	that	that	PRON
fbem-15617	111	2	is	be	AUX
fbem-15617	111	3	,	,	PUNCT
fbem-15617	111	4	3000	3000	NUM
fbem-15617	111	5	daily	daily	ADJ
fbem-15617	111	6	return	return	NOUN
fbem-15617	111	7	rate	rate	NOUN
fbem-15617	111	8	data	datum	NOUN
fbem-15617	111	9	are	be	AUX
fbem-15617	111	10	used	use	VERB
fbem-15617	111	11	for	for	ADP
fbem-15617	111	12	intra	intra	ADJ
fbem-15617	111	13	sample	sample	NOUN
fbem-15617	111	14	parameter	parameter	NOUN
fbem-15617	111	15	estimation	estimation	PROPN
fbem-15617	111	16	.	.	PUNCT
fbem-15617	112	1	at	at	ADP
fbem-15617	112	2	the	the	DET
fbem-15617	112	3	same	same	ADJ
fbem-15617	112	4	time	time	NOUN
fbem-15617	112	5	,	,	PUNCT
fbem-15617	112	6	the	the	DET
fbem-15617	112	7	garch	garch	NOUN
fbem-15617	112	8	(	(	PUNCT
fbem-15617	112	9	1,1	1,1	NUM
fbem-15617	112	10	)	)	PUNCT
fbem-15617	112	11	model	model	NOUN
fbem-15617	112	12	was	be	AUX
fbem-15617	112	13	used	use	VERB
fbem-15617	112	14	as	as	ADP
fbem-15617	112	15	the	the	DET
fbem-15617	112	16	benchmark	benchmark	NOUN
fbem-15617	112	17	model	model	NOUN
fbem-15617	112	18	for	for	ADP
fbem-15617	112	19	comparison	comparison	NOUN
fbem-15617	112	20	to	to	PART
fbem-15617	112	21	examine	examine	VERB
fbem-15617	112	22	the	the	DET
fbem-15617	112	23	within	within	ADP
fbem-15617	112	24	sample	sample	NOUN
fbem-15617	112	25	fitting	fitting	ADJ
fbem-15617	112	26	performance	performance	NOUN
fbem-15617	112	27	of	of	ADP
fbem-15617	112	28	garch	garch	NOUN
fbem-15617	112	29	-	-	PUNCT
fbem-15617	112	30	midas	midas	PROPN
fbem-15617	112	31	and	and	CCONJ
fbem-15617	112	32	vs	vs	ADP
fbem-15617	112	33	-	-	PUNCT
fbem-15617	112	34	garch	garch	NOUN
fbem-15617	112	35	-	-	PUNCT
fbem-15617	112	36	midas	midas	PROPN
fbem-15617	112	37	models	model	NOUN
fbem-15617	112	38	with	with	ADP
fbem-15617	112	39	spillover	spillover	NOUN
fbem-15617	112	40	effects	effect	NOUN
fbem-15617	112	41	.	.	PUNCT
fbem-15617	113	1	the	the	DET
fbem-15617	113	2	garch	garch	NOUN
fbem-15617	113	3	(	(	PUNCT
fbem-15617	113	4	1,1	1,1	NUM
fbem-15617	113	5	)	)	PUNCT
fbem-15617	113	6	model	model	NOUN
fbem-15617	113	7	is	be	AUX
fbem-15617	113	8	shown	show	VERB
fbem-15617	113	9	in	in	ADP
fbem-15617	113	10	equations	equation	NOUN
fbem-15617	113	11	(	(	PUNCT
fbem-15617	113	12	9	9	NUM
fbem-15617	113	13	)	)	PUNCT
fbem-15617	113	14	(	(	PUNCT
fbem-15617	113	15	10	10	NUM
fbem-15617	113	16	)	)	PUNCT
fbem-15617	113	17	,	,	PUNCT
fbem-15617	113	18	and	and	CCONJ
fbem-15617	113	19	the	the	DET
fbem-15617	113	20	parameter	parameter	NOUN
fbem-15617	113	21	estimation	estimation	NOUN
fbem-15617	113	22	results	result	NOUN
fbem-15617	113	23	are	be	AUX
fbem-15617	113	24	shown	show	VERB
fbem-15617	113	25	in	in	ADP
fbem-15617	113	26	table	table	NOUN
fbem-15617	113	27	2	2	NUM
fbem-15617	113	28	.	.	NOUN
fbem-15617	113	29	1	1	NUM
fbem-15617	113	30	,	,	PUNCT
fbem-15617	113	31	|	|	ADV
fbem-15617	113	32	~	~	PUNCT
fbem-15617	113	33	(	(	PUNCT
fbem-15617	113	34	0,1)i	0,1)i	NOUN
fbem-15617	113	35	i	i	PRON
fbem-15617	114	1	i	i	PRON
fbem-15617	115	1	i	i	PRON
fbem-15617	116	1	i	i	PRON
fbem-15617	116	2	ir	ir	VERB
fbem-15617	116	3	a	a	DET
fbem-15617	116	4	h	h	NOUN
fbem-15617	116	5	f	f	NOUN
fbem-15617	117	1	n	n	NUM
fbem-15617	117	2			NOUN
fbem-15617	117	3			PROPN
fbem-15617	117	4			PROPN
fbem-15617	117	5			ADJ
fbem-15617	117	6			PUNCT
fbem-15617	117	7			PROPN
fbem-15617	117	8			X
fbem-15617	117	9	(	(	PUNCT
fbem-15617	117	10	9	9	NUM
fbem-15617	117	11	)	)	SYM
fbem-15617	117	12	2	2	NUM
fbem-15617	117	13	1	1	NUM
fbem-15617	117	14	1i	1i	NOUN
fbem-15617	118	1	i	i	PRON
fbem-15617	118	2	ih	ih	VERB
fbem-15617	118	3	m	m	VERB
fbem-15617	118	4	a	a	DET
fbem-15617	118	5	h	h	NOUN
fbem-15617	118	6			PROPN
fbem-15617	118	7			NOUN
fbem-15617	118	8			PUNCT
fbem-15617	118	9			X
fbem-15617	118	10	(	(	PUNCT
fbem-15617	118	11	10	10	NUM
fbem-15617	118	12	)	)	PUNCT
fbem-15617	118	13	firstly	firstly	ADV
fbem-15617	118	14	,	,	PUNCT
fbem-15617	118	15	from	from	ADP
fbem-15617	118	16	table	table	NOUN
fbem-15617	118	17	2	2	NUM
fbem-15617	118	18	,	,	PUNCT
fbem-15617	118	19	it	it	PRON
fbem-15617	118	20	can	can	AUX
fbem-15617	118	21	be	be	AUX
fbem-15617	118	22	seen	see	VERB
fbem-15617	118	23	that	that	SCONJ
fbem-15617	118	24	the	the	DET
fbem-15617	118	25	garch	garch	NOUN
fbem-15617	118	26	model	model	NOUN
fbem-15617	118	27	satisfies	satisfy	VERB
fbem-15617	118	28	the	the	DET
fbem-15617	118	29	stationarity	stationarity	NOUN
fbem-15617	118	30	conditions	condition	NOUN
fbem-15617	118	31	of	of	ADP
fbem-15617	118	32	the	the	DET
fbem-15617	118	33	model	model	NOUN
fbem-15617	118	34	:	:	PUNCT
fbem-15617	118	35	1	1	NUM
fbem-15617	118	36			ADP
fbem-15617	118	37			PROPN
fbem-15617	118	38	.	.	PUNCT
fbem-15617	119	1			VERB
fbem-15617	119	2	>	>	NOUN
fbem-15617	119	3	0.9	0.9	NUM
fbem-15617	119	4	indicates	indicate	VERB
fbem-15617	119	5	that	that	SCONJ
fbem-15617	119	6	the	the	DET
fbem-15617	119	7	garch	garch	NOUN
fbem-15617	119	8	model	model	NOUN
fbem-15617	119	9	captures	capture	VERB
fbem-15617	119	10	the	the	DET
fbem-15617	119	11	persistence	persistence	NOUN
fbem-15617	119	12	characteristics	characteristic	NOUN
fbem-15617	119	13	of	of	ADP
fbem-15617	119	14	eua	eua	PROPN
fbem-15617	119	15	futures	future	NOUN
fbem-15617	119	16	volatility	volatility	NOUN
fbem-15617	119	17	.	.	PUNCT
fbem-15617	120	1	secondly	secondly	ADV
fbem-15617	120	2	,	,	PUNCT
fbem-15617	120	3	in	in	ADP
fbem-15617	120	4	the	the	DET
fbem-15617	120	5	garch	garch	NOUN
fbem-15617	120	6	-	-	PUNCT
fbem-15617	120	7	midas	midas	PROPN
fbem-15617	120	8	model	model	NOUN
fbem-15617	120	9	's	's	PART
fbem-15617	120	10	,	,	PUNCT
fbem-15617	120	11			PROPN
fbem-15617	120	12	>	>	NOUN
fbem-15617	120	13	0.8	0.8	NUM
fbem-15617	120	14	indicates	indicate	VERB
fbem-15617	120	15	that	that	SCONJ
fbem-15617	120	16	the	the	DET
fbem-15617	120	17	short	short	ADJ
fbem-15617	120	18	-	-	PUNCT
fbem-15617	120	19	term	term	NOUN
fbem-15617	120	20	component	component	NOUN
fbem-15617	120	21	well	well	ADV
fbem-15617	120	22	characterizes	characterize	VERB
fbem-15617	120	23	the	the	DET
fbem-15617	120	24	clustering	clustering	ADJ
fbem-15617	120	25	characteristics	characteristic	NOUN
fbem-15617	120	26	of	of	ADP
fbem-15617	120	27	eua	eua	PROPN
fbem-15617	120	28	futures	future	NOUN
fbem-15617	120	29	volatility	volatility	NOUN
fbem-15617	120	30	.	.	PUNCT
fbem-15617	121	1	the	the	DET
fbem-15617	121	2	coefficient	coefficient	NOUN
fbem-15617	121	3	1	1	NUM
fbem-15617	121	4	of	of	ADP
fbem-15617	121	5	the	the	DET
fbem-15617	121	6	monthly	monthly	ADJ
fbem-15617	121	7	realized	realize	VERB
fbem-15617	121	8	volatility	volatility	NOUN
fbem-15617	121	9	weighted	weight	VERB
fbem-15617	121	10	value	value	NOUN
fbem-15617	121	11	of	of	ADP
fbem-15617	121	12	eua	eua	PROPN
fbem-15617	121	13	futures	future	NOUN
fbem-15617	121	14	is	be	AUX
fbem-15617	121	15	significantly	significantly	ADV
fbem-15617	121	16	positive	positive	ADJ
fbem-15617	121	17	and	and	CCONJ
fbem-15617	121	18	as	as	ADV
fbem-15617	121	19	high	high	ADJ
fbem-15617	121	20	as	as	ADP
fbem-15617	121	21	0.89	0.89	NUM
fbem-15617	121	22	,	,	PUNCT
fbem-15617	121	23	indicating	indicate	VERB
fbem-15617	121	24	that	that	SCONJ
fbem-15617	121	25	this	this	DET
fbem-15617	121	26	low	low	ADJ
fbem-15617	121	27	-	-	PUNCT
fbem-15617	121	28	frequency	frequency	NOUN
fbem-15617	121	29	variable	variable	NOUN
fbem-15617	121	30	can	can	AUX
fbem-15617	121	31	significantly	significantly	ADV
fbem-15617	121	32	affect	affect	VERB
fbem-15617	121	33	the	the	DET
fbem-15617	121	34	estimation	estimation	NOUN
fbem-15617	121	35	of	of	ADP
fbem-15617	121	36	volatility	volatility	NOUN
fbem-15617	121	37	.	.	PUNCT
fbem-15617	122	1	the	the	DET
fbem-15617	122	2	logarithmic	logarithmic	ADJ
fbem-15617	122	3	likelihood	likelihood	NOUN
fbem-15617	122	4	value	value	NOUN
fbem-15617	122	5	and	and	CCONJ
fbem-15617	122	6	aic	aic	PROPN
fbem-15617	122	7	and	and	CCONJ
fbem-15617	122	8	bic	bic	PROPN
fbem-15617	122	9	information	information	NOUN
fbem-15617	122	10	accuracy	accuracy	NOUN
fbem-15617	122	11	of	of	ADP
fbem-15617	122	12	the	the	DET
fbem-15617	122	13	garch	garch	NOUN
fbem-15617	122	14	midas	midas	PROPN
fbem-15617	122	15	model	model	NOUN
fbem-15617	122	16	are	be	AUX
fbem-15617	122	17	better	well	ADJ
fbem-15617	122	18	than	than	ADP
fbem-15617	122	19	those	those	PRON
fbem-15617	122	20	of	of	ADP
fbem-15617	122	21	the	the	DET
fbem-15617	122	22	garch	garch	NOUN
fbem-15617	122	23	model	model	NOUN
fbem-15617	122	24	.	.	PUNCT
fbem-15617	123	1	therefore	therefore	ADV
fbem-15617	123	2	,	,	PUNCT
fbem-15617	123	3	it	it	PRON
fbem-15617	123	4	can	can	AUX
fbem-15617	123	5	be	be	AUX
fbem-15617	123	6	concluded	conclude	VERB
fbem-15617	123	7	that	that	SCONJ
fbem-15617	123	8	the	the	DET
fbem-15617	123	9	garch	garch	NOUN
fbem-15617	123	10	model	model	NOUN
fbem-15617	123	11	considering	consider	VERB
fbem-15617	123	12	mixed	mixed	ADJ
fbem-15617	123	13	frequency	frequency	NOUN
fbem-15617	123	14	data	datum	NOUN
fbem-15617	123	15	sampling	sampling	NOUN
fbem-15617	123	16	has	have	VERB
fbem-15617	123	17	a	a	DET
fbem-15617	123	18	better	well	ADJ
fbem-15617	123	19	intra	intra	ADJ
fbem-15617	123	20	sample	sample	NOUN
fbem-15617	123	21	fitting	fitting	ADJ
fbem-15617	123	22	effect	effect	NOUN
fbem-15617	123	23	than	than	ADP
fbem-15617	123	24	the	the	DET
fbem-15617	123	25	garch	garch	NOUN
fbem-15617	123	26	model	model	NOUN
fbem-15617	123	27	.	.	PUNCT
fbem-15617	124	1	on	on	ADP
fbem-15617	124	2	the	the	DET
fbem-15617	124	3	other	other	ADJ
fbem-15617	124	4	hand	hand	NOUN
fbem-15617	124	5	,	,	PUNCT
fbem-15617	124	6	2	2	NUM
fbem-15617	124	7	of	of	ADP
fbem-15617	124	8	the	the	DET
fbem-15617	124	9	vs	vs	ADJ
fbem-15617	124	10	-	-	PUNCT
fbem-15617	124	11	garch	garch	NOUN
fbem-15617	124	12	-	-	PUNCT
fbem-15617	124	13	midas	midas	PROPN
fbem-15617	124	14	model	model	NOUN
fbem-15617	124	15	is	be	AUX
fbem-15617	124	16	significantly	significantly	ADV
fbem-15617	124	17	positive	positive	ADJ
fbem-15617	124	18	,	,	PUNCT
fbem-15617	124	19	indicating	indicate	VERB
fbem-15617	124	20	a	a	DET
fbem-15617	124	21	spillover	spillover	ADJ
fbem-15617	124	22	effect	effect	NOUN
fbem-15617	124	23	between	between	ADP
fbem-15617	124	24	the	the	DET
fbem-15617	124	25	brent	brent	PROPN
fbem-15617	124	26	crude	crude	PROPN
fbem-15617	124	27	oil	oil	NOUN
fbem-15617	124	28	futures	future	NOUN
fbem-15617	124	29	market	market	NOUN
fbem-15617	124	30	and	and	CCONJ
fbem-15617	124	31	the	the	DET
fbem-15617	124	32	eua	eua	PROPN
fbem-15617	124	33	futures	future	NOUN
fbem-15617	124	34	market	market	NOUN
fbem-15617	124	35	,	,	PUNCT
fbem-15617	124	36	reflecting	reflect	VERB
fbem-15617	124	37	the	the	DET
fbem-15617	124	38	spillover	spillover	ADJ
fbem-15617	124	39	effect	effect	NOUN
fbem-15617	124	40	of	of	ADP
fbem-15617	124	41	the	the	DET
fbem-15617	124	42	monthly	monthly	ADJ
fbem-15617	124	43	realized	realize	VERB
fbem-15617	124	44	volatility	volatility	NOUN
fbem-15617	124	45	of	of	ADP
fbem-15617	124	46	brent	brent	PROPN
fbem-15617	124	47	crude	crude	PROPN
fbem-15617	124	48	oil	oil	NOUN
fbem-15617	124	49	futures	future	NOUN
fbem-15617	124	50	on	on	ADP
fbem-15617	124	51	the	the	DET
fbem-15617	124	52	eua	eua	PROPN
fbem-15617	124	53	futures	future	NOUN
fbem-15617	124	54	market	market	NOUN
fbem-15617	124	55	.	.	PUNCT
fbem-15617	125	1	moreover	moreover	ADV
fbem-15617	125	2	,	,	PUNCT
fbem-15617	125	3	the	the	DET
fbem-15617	125	4	logarithmic	logarithmic	ADJ
fbem-15617	125	5	likelihood	likelihood	NOUN
fbem-15617	125	6	value	value	NOUN
fbem-15617	125	7	of	of	ADP
fbem-15617	125	8	the	the	DET
fbem-15617	125	9	vs	vs	ADJ
fbem-15617	125	10	-	-	PUNCT
fbem-15617	125	11	garch	garch	NOUN
fbem-15617	125	12	-	-	PUNCT
fbem-15617	125	13	midas	midas	PROPN
fbem-15617	125	14	model	model	NOUN
fbem-15617	125	15	is	be	AUX
fbem-15617	125	16	higher	high	ADJ
fbem-15617	125	17	than	than	ADP
fbem-15617	125	18	that	that	PRON
fbem-15617	125	19	of	of	ADP
fbem-15617	125	20	garch	garch	NOUN
fbem-15617	125	21	-	-	PUNCT
fbem-15617	125	22	midas	midas	PROPN
fbem-15617	125	23	,	,	PUNCT
fbem-15617	125	24	and	and	CCONJ
fbem-15617	125	25	the	the	DET
fbem-15617	125	26	aic	aic	PROPN
fbem-15617	125	27	and	and	CCONJ
fbem-15617	125	28	bic	bic	PROPN
fbem-15617	125	29	values	value	NOUN
fbem-15617	125	30	are	be	AUX
fbem-15617	125	31	smaller	small	ADJ
fbem-15617	125	32	,	,	PUNCT
fbem-15617	125	33	indicating	indicate	VERB
fbem-15617	125	34	that	that	SCONJ
fbem-15617	125	35	the	the	DET
fbem-15617	125	36	within	within	ADP
fbem-15617	125	37	sample	sample	NOUN
fbem-15617	125	38	fitting	fitting	ADJ
fbem-15617	125	39	effect	effect	NOUN
fbem-15617	125	40	of	of	ADP
fbem-15617	125	41	the	the	DET
fbem-15617	125	42	vs	vs	ADJ
fbem-15617	125	43	-	-	PUNCT
fbem-15617	125	44	garch	garch	NOUN
fbem-15617	125	45	-	-	PUNCT
fbem-15617	125	46	midas	midas	PROPN
fbem-15617	125	47	model	model	NOUN
fbem-15617	125	48	is	be	AUX
fbem-15617	125	49	better	well	ADJ
fbem-15617	125	50	than	than	ADP
fbem-15617	125	51	that	that	PRON
fbem-15617	125	52	of	of	ADP
fbem-15617	125	53	the	the	DET
fbem-15617	125	54	garch	garch	NOUN
fbem-15617	125	55	-	-	PUNCT
fbem-15617	125	56	midas	midas	PROPN
fbem-15617	125	57	model	model	NOUN
fbem-15617	125	58	.	.	PUNCT
fbem-15617	126	1	table	table	NOUN
fbem-15617	126	2	2	2	NUM
fbem-15617	126	3	.	.	PUNCT
fbem-15617	126	4	parameter	parameter	PROPN
fbem-15617	126	5	estimation	estimation	PROPN
fbem-15617	126	6	results	result	NOUN
fbem-15617	126	7	garch	garch	NOUN
fbem-15617	126	8	garchmidas	garchmidas	ADJ
fbem-15617	126	9	vs	vs	ADP
fbem-15617	126	10	-	-	PUNCT
fbem-15617	126	11	garchmidas	garchmidas	ADJ
fbem-15617	126	12			NOUN
fbem-15617	126	13			NOUN
fbem-15617	126	14	0.0001	0.0001	NOUN
fbem-15617	126	15	0.0088	0.0088	NUM
fbem-15617	126	16			NOUN
fbem-15617	126	17	0.0004	0.0004	ADJ
fbem-15617	126	18	0.0011	0.0011	NUM
fbem-15617	126	19			NOUN
fbem-15617	126	20	0.0004	0.0004	PROPN
fbem-15617	126	21	0.0011	0.0011	NUM
fbem-15617	126	22	m	m	NUM
fbem-15617	126	23			NOUN
fbem-15617	126	24	0.0000	0.0000	NUM
fbem-15617	126	25	0.0000	0.0000	NUM
fbem-15617	126	26			NOUN
fbem-15617	126	27	0.1385	0.1385	PROPN
fbem-15617	126	28	3.1671	3.1671	NUM
fbem-15617	126	29			NOUN
fbem-15617	126	30	0.2676	0.2676	NUM
fbem-15617	126	31	2.0380	2.0380	NUM
fbem-15617	126	32			X
fbem-15617	126	33			NOUN
fbem-15617	126	34	0.0002	0.0002	NOUN
fbem-15617	126	35	0.0221	0.0221	NUM
fbem-15617	126	36			NOUN
fbem-15617	127	1	0.0054	0.0054	NOUN
fbem-15617	127	2	0.1073	0.1073	NUM
fbem-15617	127	3			NOUN
fbem-15617	127	4	0.0054	0.0054	PROPN
fbem-15617	127	5	0.1067	0.1067	NUM
fbem-15617	127	6			PROPN
fbem-15617	127	7			NOUN
fbem-15617	127	8	0.0003	0.0003	NOUN
fbem-15617	127	9	0.9597	0.9597	NUM
fbem-15617	127	10			NOUN
fbem-15617	127	11	0.0049	0.0049	ADP
fbem-15617	127	12	0.8659	0.8659	NUM
fbem-15617	127	13			NOUN
fbem-15617	127	14	0.0048	0.0048	NOUN
fbem-15617	127	15	0.8654	0.8654	NUM
fbem-15617	127	16	1	1	NUM
fbem-15617	127	17			NOUN
fbem-15617	127	18	0.0072	0.0072	NOUN
fbem-15617	127	19	0.9884	0.9884	NUM
fbem-15617	127	20			NOUN
fbem-15617	127	21	0.0064	0.0064	NOUN
fbem-15617	127	22	0.9854	0.9854	NUM
fbem-15617	127	23	1	1	NUM
fbem-15617	127	24			PROPN
fbem-15617	127	25	0.0247	0.0247	PROPN
fbem-15617	127	26	0.8955	0.8955	NUM
fbem-15617	127	27			NOUN
fbem-15617	127	28	0.0260	0.0260	NUM
fbem-15617	127	29	0.9603	0.9603	NUM
fbem-15617	127	30	2	2	NUM
fbem-15617	127	31			NOUN
fbem-15617	127	32	0.0385	0.0385	VERB
fbem-15617	127	33	0.1722	0.1722	NUM
fbem-15617	127	34	llf	llf	PROPN
fbem-15617	127	35	5425.3391	5425.3391	NUM
fbem-15617	127	36	6151.6880	6151.6880	NUM
fbem-15617	127	37	6154.8058	6154.8058	NUM
fbem-15617	127	38	aic	aic	PROPN
fbem-15617	127	39	10842.6783	10842.6783	PROPN
fbem-15617	127	40	12291.3760	12291.3760	NUM
fbem-15617	127	41	12295.6117	12295.6117	NUM
fbem-15617	127	42	bic	bic	NOUN
fbem-15617	127	43	10818.6528	10818.6528	NUM
fbem-15617	127	44	12255.3378	12255.3378	NUM
fbem-15617	127	45	12253.5671	12253.5671	NUM
fbem-15617	127	46	the	the	DET
fbem-15617	127	47	long	long	ADJ
fbem-15617	127	48	-	-	PUNCT
fbem-15617	127	49	term	term	NOUN
fbem-15617	127	50	components	component	NOUN
fbem-15617	127	51	within	within	ADP
fbem-15617	127	52	the	the	DET
fbem-15617	127	53	samples	sample	NOUN
fbem-15617	127	54	fitted	fit	VERB
fbem-15617	127	55	by	by	ADP
fbem-15617	127	56	the	the	DET
fbem-15617	127	57	two	two	NUM
fbem-15617	127	58	models	model	NOUN
fbem-15617	127	59	are	be	AUX
fbem-15617	127	60	shown	show	VERB
fbem-15617	127	61	in	in	ADP
fbem-15617	127	62	figure	figure	NOUN
fbem-15617	127	63	3	3	NUM
fbem-15617	127	64	.	.	PUNCT
fbem-15617	128	1	it	it	PRON
fbem-15617	128	2	can	can	AUX
fbem-15617	128	3	be	be	AUX
fbem-15617	128	4	seen	see	VERB
fbem-15617	128	5	that	that	SCONJ
fbem-15617	128	6	the	the	DET
fbem-15617	128	7	volatility	volatility	NOUN
fbem-15617	128	8	range	range	NOUN
fbem-15617	128	9	of	of	ADP
fbem-15617	128	10	eua	eua	PROPN
fbem-15617	128	11	futures	future	NOUN
fbem-15617	128	12	was	be	AUX
fbem-15617	128	13	relatively	relatively	ADV
fbem-15617	128	14	large	large	ADJ
fbem-15617	128	15	between	between	ADP
fbem-15617	128	16	december	december	PROPN
fbem-15617	128	17	13	13	NUM
fbem-15617	128	18	,	,	PUNCT
fbem-15617	128	19	2011	2011	NUM
fbem-15617	128	20	and	and	CCONJ
fbem-15617	128	21	november	november	PROPN
fbem-15617	128	22	22	22	NUM
fbem-15617	128	23	,	,	PUNCT
fbem-15617	128	24	2015	2015	NUM
fbem-15617	128	25	.	.	PUNCT
fbem-15617	129	1	during	during	ADP
fbem-15617	129	2	this	this	DET
fbem-15617	129	3	period	period	NOUN
fbem-15617	129	4	,	,	PUNCT
fbem-15617	129	5	when	when	SCONJ
fbem-15617	129	6	fitting	fit	VERB
fbem-15617	129	7	the	the	DET
fbem-15617	129	8	peaks	peak	NOUN
fbem-15617	129	9	and	and	CCONJ
fbem-15617	129	10	valleys	valley	NOUN
fbem-15617	129	11	of	of	ADP
fbem-15617	129	12	volatility	volatility	NOUN
fbem-15617	129	13	,	,	PUNCT
fbem-15617	129	14	the	the	DET
fbem-15617	129	15	long	long	ADJ
fbem-15617	129	16	-	-	PUNCT
fbem-15617	129	17	term	term	NOUN
fbem-15617	129	18	components	component	NOUN
fbem-15617	129	19	of	of	ADP
fbem-15617	129	20	the	the	DET
fbem-15617	129	21	vs	vs	ADJ
fbem-15617	129	22	-	-	PUNCT
fbem-15617	129	23	garch	garch	NOUN
fbem-15617	129	24	-	-	PUNCT
fbem-15617	129	25	midas	midas	PROPN
fbem-15617	129	26	model	model	NOUN
fbem-15617	129	27	were	be	AUX
fbem-15617	129	28	fitted	fit	VERB
fbem-15617	129	29	more	more	ADV
fbem-15617	129	30	accurately	accurately	ADV
fbem-15617	129	31	,	,	PUNCT
fbem-15617	129	32	indicating	indicate	VERB
fbem-15617	129	33	that	that	SCONJ
fbem-15617	129	34	the	the	DET
fbem-15617	129	35	introduction	introduction	NOUN
fbem-15617	129	36	of	of	ADP
fbem-15617	129	37	spillover	spillover	NOUN
fbem-15617	129	38	effects	effect	NOUN
fbem-15617	129	39	helps	help	VERB
fbem-15617	129	40	improve	improve	VERB
fbem-15617	129	41	the	the	PRON
fbem-15617	129	42	within	within	ADP
fbem-15617	129	43	sample	sample	NOUN
fbem-15617	129	44	fitting	fitting	ADJ
fbem-15617	129	45	performance	performance	NOUN
fbem-15617	129	46	of	of	ADP
fbem-15617	129	47	the	the	DET
fbem-15617	129	48	model	model	NOUN
fbem-15617	129	49	.	.	PUNCT
fbem-15617	130	1	figure	figure	VERB
fbem-15617	130	2	3	3	NUM
fbem-15617	130	3	.	.	PUNCT
fbem-15617	131	1	conditional	conditional	ADJ
fbem-15617	131	2	variance	variance	NOUN
fbem-15617	131	3	and	and	CCONJ
fbem-15617	131	4	long	long	ADJ
fbem-15617	131	5	-	-	PUNCT
fbem-15617	131	6	term	term	NOUN
fbem-15617	131	7	component	component	NOUN
fbem-15617	131	8	(	(	PUNCT
fbem-15617	131	9	first	first	ADV
fbem-15617	131	10	:	:	PUNCT
fbem-15617	131	11	from	from	ADP
fbem-15617	131	12	the	the	DET
fbem-15617	131	13	garch	garch	NOUN
fbem-15617	131	14	-	-	PUNCT
fbem-15617	131	15	midas	midas	PROPN
fbem-15617	131	16	model	model	NOUN
fbem-15617	131	17	,	,	PUNCT
fbem-15617	131	18	second	second	ADJ
fbem-15617	131	19	:	:	PUNCT
fbem-15617	131	20	from	from	ADP
fbem-15617	131	21	the	the	DET
fbem-15617	131	22	vs	vs	ADJ
fbem-15617	131	23	-	-	PUNCT
fbem-15617	131	24	garch	garch	NOUN
fbem-15617	131	25	-	-	PUNCT
fbem-15617	131	26	midas	midas	PROPN
fbem-15617	131	27	model	model	NOUN
fbem-15617	131	28	)	)	PUNCT
fbem-15617	131	29	276	276	NUM
fbem-15617	131	30	4.3	4.3	NUM
fbem-15617	131	31	.	.	PUNCT
fbem-15617	132	1	out	out	ADP
fbem-15617	132	2	-	-	PUNCT
fbem-15617	132	3	of	of	ADP
fbem-15617	132	4	-	-	PUNCT
fbem-15617	132	5	sample	sample	NOUN
fbem-15617	132	6	prediction	prediction	NOUN
fbem-15617	132	7	evaluation	evaluation	NOUN
fbem-15617	132	8	to	to	PART
fbem-15617	132	9	further	far	ADV
fbem-15617	132	10	compare	compare	VERB
fbem-15617	132	11	the	the	DET
fbem-15617	132	12	advantages	advantage	NOUN
fbem-15617	132	13	and	and	CCONJ
fbem-15617	132	14	disadvantages	disadvantage	NOUN
fbem-15617	132	15	of	of	ADP
fbem-15617	132	16	the	the	DET
fbem-15617	132	17	models	model	NOUN
fbem-15617	132	18	,	,	PUNCT
fbem-15617	132	19	this	this	DET
fbem-15617	132	20	article	article	NOUN
fbem-15617	132	21	examines	examine	VERB
fbem-15617	132	22	the	the	DET
fbem-15617	132	23	out	out	ADP
fbem-15617	132	24	of	of	ADP
fbem-15617	132	25	sample	sample	NOUN
fbem-15617	132	26	predictive	predictive	ADJ
fbem-15617	132	27	ability	ability	NOUN
fbem-15617	132	28	of	of	ADP
fbem-15617	132	29	different	different	ADJ
fbem-15617	132	30	models	model	NOUN
fbem-15617	132	31	.	.	PUNCT
fbem-15617	133	1	due	due	ADP
fbem-15617	133	2	to	to	ADP
fbem-15617	133	3	the	the	DET
fbem-15617	133	4	unmeasurable	unmeasurable	ADJ
fbem-15617	133	5	nature	nature	NOUN
fbem-15617	133	6	of	of	ADP
fbem-15617	133	7	real	real	ADJ
fbem-15617	133	8	volatility	volatility	NOUN
fbem-15617	133	9	,	,	PUNCT
fbem-15617	133	10	this	this	DET
fbem-15617	133	11	article	article	NOUN
fbem-15617	133	12	selects	select	VERB
fbem-15617	133	13	the	the	DET
fbem-15617	133	14	squared	square	VERB
fbem-15617	133	15	series	series	NOUN
fbem-15617	133	16	of	of	ADP
fbem-15617	133	17	eua	eua	PROPN
fbem-15617	133	18	futures	future	NOUN
fbem-15617	133	19	averaged	average	VERB
fbem-15617	133	20	returns	return	NOUN
fbem-15617	133	21	as	as	ADP
fbem-15617	133	22	the	the	DET
fbem-15617	133	23	proxy	proxy	ADJ
fbem-15617	133	24	variable	variable	NOUN
fbem-15617	133	25	,	,	PUNCT
fbem-15617	133	26	and	and	CCONJ
fbem-15617	133	27	uses	use	VERB
fbem-15617	133	28	three	three	NUM
fbem-15617	133	29	different	different	ADJ
fbem-15617	133	30	loss	loss	NOUN
fbem-15617	133	31	functions	function	NOUN
fbem-15617	133	32	to	to	PART
fbem-15617	133	33	evaluate	evaluate	VERB
fbem-15617	133	34	the	the	DET
fbem-15617	133	35	difference	difference	NOUN
fbem-15617	133	36	between	between	ADP
fbem-15617	133	37	the	the	DET
fbem-15617	133	38	predicted	predict	VERB
fbem-15617	133	39	volatility	volatility	NOUN
fbem-15617	133	40	of	of	ADP
fbem-15617	133	41	the	the	DET
fbem-15617	133	42	model	model	NOUN
fbem-15617	133	43	and	and	CCONJ
fbem-15617	133	44	the	the	DET
fbem-15617	133	45	real	real	ADJ
fbem-15617	133	46	volatility	volatility	NOUN
fbem-15617	133	47	.	.	PUNCT
fbem-15617	134	1	considering	consider	VERB
fbem-15617	134	2	that	that	SCONJ
fbem-15617	134	3	the	the	DET
fbem-15617	134	4	intra	intra	ADJ
fbem-15617	134	5	sample	sample	NOUN
fbem-15617	134	6	fitting	fitting	ADJ
fbem-15617	134	7	performance	performance	NOUN
fbem-15617	134	8	of	of	ADP
fbem-15617	134	9	the	the	DET
fbem-15617	134	10	garch	garch	NOUN
fbem-15617	134	11	model	model	NOUN
fbem-15617	134	12	is	be	AUX
fbem-15617	134	13	significantly	significantly	ADV
fbem-15617	134	14	lower	low	ADJ
fbem-15617	134	15	than	than	ADP
fbem-15617	134	16	the	the	DET
fbem-15617	134	17	other	other	ADJ
fbem-15617	134	18	two	two	NUM
fbem-15617	134	19	models	model	NOUN
fbem-15617	134	20	,	,	PUNCT
fbem-15617	134	21	this	this	DET
fbem-15617	134	22	article	article	NOUN
fbem-15617	134	23	only	only	ADV
fbem-15617	134	24	compares	compare	VERB
fbem-15617	134	25	the	the	DET
fbem-15617	134	26	out	out	ADP
fbem-15617	134	27	of	of	ADP
fbem-15617	134	28	sample	sample	NOUN
fbem-15617	134	29	predictive	predictive	ADJ
fbem-15617	134	30	ability	ability	NOUN
fbem-15617	134	31	of	of	ADP
fbem-15617	134	32	the	the	DET
fbem-15617	134	33	garch	garch	NOUN
fbem-15617	134	34	-	-	PUNCT
fbem-15617	134	35	midas	midas	PROPN
fbem-15617	134	36	model	model	NOUN
fbem-15617	134	37	and	and	CCONJ
fbem-15617	134	38	the	the	DET
fbem-15617	134	39	vsgarch	vsgarch	NOUN
fbem-15617	134	40	-	-	PUNCT
fbem-15617	134	41	midas	midas	PROPN
fbem-15617	134	42	model	model	NOUN
fbem-15617	134	43	.	.	PUNCT
fbem-15617	135	1	the	the	DET
fbem-15617	135	2	prediction	prediction	NOUN
fbem-15617	135	3	sample	sample	NOUN
fbem-15617	135	4	is	be	AUX
fbem-15617	135	5	the	the	DET
fbem-15617	135	6	eua	eua	PROPN
fbem-15617	135	7	futures	futures	PROPN
fbem-15617	135	8	price	price	NOUN
fbem-15617	135	9	data	datum	NOUN
fbem-15617	135	10	from	from	ADP
fbem-15617	135	11	november	november	PROPN
fbem-15617	135	12	12	12	NUM
fbem-15617	135	13	,	,	PUNCT
fbem-15617	135	14	2019	2019	NUM
fbem-15617	135	15	to	to	ADP
fbem-15617	135	16	may	may	PROPN
fbem-15617	135	17	9	9	NUM
fbem-15617	135	18	,	,	PUNCT
fbem-15617	135	19	2022	2022	NUM
fbem-15617	135	20	,	,	PUNCT
fbem-15617	135	21	with	with	ADP
fbem-15617	135	22	a	a	DET
fbem-15617	135	23	total	total	NOUN
fbem-15617	135	24	of	of	ADP
fbem-15617	135	25	641	641	NUM
fbem-15617	135	26	trading	trading	NOUN
fbem-15617	135	27	days	day	NOUN
fbem-15617	135	28	.	.	PUNCT
fbem-15617	136	1	based	base	VERB
fbem-15617	136	2	on	on	ADP
fbem-15617	136	3	the	the	DET
fbem-15617	136	4	estimation	estimation	NOUN
fbem-15617	136	5	results	result	NOUN
fbem-15617	136	6	within	within	ADP
fbem-15617	136	7	the	the	DET
fbem-15617	136	8	aforementioned	aforementioned	ADJ
fbem-15617	136	9	samples	sample	NOUN
fbem-15617	136	10	,	,	PUNCT
fbem-15617	136	11	the	the	DET
fbem-15617	136	12	rolling	rolling	ADJ
fbem-15617	136	13	time	time	NOUN
fbem-15617	136	14	window	window	NOUN
fbem-15617	136	15	method	method	NOUN
fbem-15617	136	16	is	be	AUX
fbem-15617	136	17	used	use	VERB
fbem-15617	136	18	to	to	PART
fbem-15617	136	19	predict	predict	VERB
fbem-15617	136	20	volatility	volatility	NOUN
fbem-15617	136	21	.	.	PUNCT
fbem-15617	137	1	the	the	DET
fbem-15617	137	2	selected	select	VERB
fbem-15617	137	3	evaluation	evaluation	NOUN
fbem-15617	137	4	indicators	indicator	NOUN
fbem-15617	137	5	for	for	ADP
fbem-15617	137	6	the	the	DET
fbem-15617	137	7	model	model	NOUN
fbem-15617	137	8	's	's	PART
fbem-15617	137	9	out	out	ADP
fbem-15617	137	10	of	of	ADP
fbem-15617	137	11	sample	sample	NOUN
fbem-15617	137	12	predictive	predictive	ADJ
fbem-15617	137	13	ability	ability	NOUN
fbem-15617	137	14	are	be	AUX
fbem-15617	137	15	mean	mean	VERB
fbem-15617	137	16	absolute	absolute	ADJ
fbem-15617	137	17	error	error	NOUN
fbem-15617	137	18	(	(	PUNCT
fbem-15617	137	19	mae	mae	PROPN
fbem-15617	137	20	)	)	PUNCT
fbem-15617	137	21	,	,	PUNCT
fbem-15617	137	22	mean	mean	VERB
fbem-15617	137	23	square	square	ADJ
fbem-15617	137	24	error	error	NOUN
fbem-15617	137	25	(	(	PUNCT
fbem-15617	137	26	mse	mse	NOUN
fbem-15617	137	27	)	)	PUNCT
fbem-15617	137	28	,	,	PUNCT
fbem-15617	137	29	and	and	CCONJ
fbem-15617	137	30	gaussian	gaussian	ADJ
fbem-15617	137	31	quasi	quasi	NOUN
fbem-15617	137	32	likelihood	likelihood	NOUN
fbem-15617	137	33	(	(	PUNCT
fbem-15617	137	34	qlike	qlike	NOUN
fbem-15617	137	35	)	)	PUNCT
fbem-15617	137	36	.	.	PUNCT
fbem-15617	138	1	the	the	DET
fbem-15617	138	2	definitions	definition	NOUN
fbem-15617	138	3	of	of	ADP
fbem-15617	138	4	the	the	DET
fbem-15617	138	5	three	three	NUM
fbem-15617	138	6	evaluation	evaluation	NOUN
fbem-15617	138	7	indicators	indicator	NOUN
fbem-15617	138	8	are	be	AUX
fbem-15617	138	9	as	as	SCONJ
fbem-15617	138	10	follows	follow	VERB
fbem-15617	138	11	.	.	PUNCT
fbem-15617	139	1	1	1	NUM
fbem-15617	139	2	1	1	NUM
fbem-15617	139	3	ˆ|	ˆ|	PROPN
fbem-15617	139	4	|	|	ADV
fbem-15617	139	5	n	n	ADV
fbem-15617	140	1	i	i	PRON
fbem-15617	140	2	i	i	PRON
fbem-15617	141	1	i	i	PRON
fbem-15617	141	2	mae	mae	PROPN
fbem-15617	141	3	h	h	NOUN
fbem-15617	141	4	h	h	PROPN
fbem-15617	142	1	n	n	ADV
fbem-15617	142	2			NUM
fbem-15617	142	3			NUM
fbem-15617	143	1			NOUN
fbem-15617	143	2	(	(	PUNCT
fbem-15617	143	3	11	11	NUM
fbem-15617	143	4	)	)	SYM
fbem-15617	143	5	2	2	NUM
fbem-15617	143	6	1	1	NUM
fbem-15617	143	7	1	1	NUM
fbem-15617	143	8	ˆ	ˆ	PROPN
fbem-15617	143	9	(	(	PUNCT
fbem-15617	143	10	)	)	PUNCT
fbem-15617	143	11	n	n	CCONJ
fbem-15617	144	1	i	i	PRON
fbem-15617	144	2	i	i	PRON
fbem-15617	145	1	i	i	PRON
fbem-15617	145	2	mse	mse	VERB
fbem-15617	145	3	h	h	PROPN
fbem-15617	145	4	h	h	PROPN
fbem-15617	146	1	n	n	ADV
fbem-15617	146	2			NUM
fbem-15617	146	3			NUM
fbem-15617	147	1			NOUN
fbem-15617	147	2	(	(	PUNCT
fbem-15617	147	3	12	12	NUM
fbem-15617	147	4	)	)	SYM
fbem-15617	147	5	1	1	NUM
fbem-15617	147	6	1	1	NUM
fbem-15617	147	7	ˆ(ln	ˆ(ln	NOUN
fbem-15617	147	8	(	(	PUNCT
fbem-15617	147	9	)	)	PUNCT
fbem-15617	147	10	)	)	PUNCT
fbem-15617	148	1	ˆ	ˆ	NOUN
fbem-15617	148	2	n	n	INTJ
fbem-15617	149	1	i	i	PRON
fbem-15617	149	2	i	i	PRON
fbem-15617	150	1	i	i	PRON
fbem-15617	151	1	i	i	PRON
fbem-15617	151	2	h	h	VERB
fbem-15617	151	3	qlike	qlike	NOUN
fbem-15617	151	4	h	h	PROPN
fbem-15617	151	5	n	n	PRON
fbem-15617	151	6	h	h	ADJ
fbem-15617	151	7			PROPN
fbem-15617	151	8			NOUN
fbem-15617	151	9	(	(	PUNCT
fbem-15617	151	10	13	13	NUM
fbem-15617	151	11	)	)	PUNCT
fbem-15617	151	12	among	among	ADP
fbem-15617	151	13	them	they	PRON
fbem-15617	151	14	,	,	PUNCT
fbem-15617	151	15	n	n	PRON
fbem-15617	151	16	represents	represent	VERB
fbem-15617	151	17	the	the	DET
fbem-15617	151	18	number	number	NOUN
fbem-15617	151	19	of	of	ADP
fbem-15617	151	20	out	out	ADV
fbem-15617	151	21	-	-	PUNCT
fbem-15617	151	22	of	of	ADP
fbem-15617	151	23	-	-	PUNCT
fbem-15617	151	24	sample	sample	NOUN
fbem-15617	151	25	predictions	prediction	NOUN
fbem-15617	151	26	,	,	PUNCT
fbem-15617	151	27	is	be	AUX
fbem-15617	151	28	the	the	DET
fbem-15617	151	29	proxy	proxy	ADJ
fbem-15617	151	30	variable	variable	NOUN
fbem-15617	151	31	for	for	ADP
fbem-15617	151	32	the	the	DET
fbem-15617	151	33	true	true	ADJ
fbem-15617	151	34	volatility	volatility	NOUN
fbem-15617	151	35	,	,	PUNCT
fbem-15617	151	36	and	and	CCONJ
fbem-15617	151	37	is	be	AUX
fbem-15617	151	38	the	the	DET
fbem-15617	151	39	volatility	volatility	NOUN
fbem-15617	151	40	fitted	fit	VERB
fbem-15617	151	41	by	by	ADP
fbem-15617	151	42	the	the	DET
fbem-15617	151	43	model	model	NOUN
fbem-15617	151	44	.	.	PUNCT
fbem-15617	152	1	generally	generally	ADV
fbem-15617	152	2	speaking	speak	VERB
fbem-15617	152	3	,	,	PUNCT
fbem-15617	152	4	the	the	PRON
fbem-15617	152	5	smaller	small	ADJ
fbem-15617	152	6	the	the	DET
fbem-15617	152	7	loss	loss	NOUN
fbem-15617	152	8	function	function	NOUN
fbem-15617	152	9	value	value	NOUN
fbem-15617	152	10	calculated	calculate	VERB
fbem-15617	152	11	by	by	ADP
fbem-15617	152	12	the	the	DET
fbem-15617	152	13	model	model	NOUN
fbem-15617	152	14	,	,	PUNCT
fbem-15617	152	15	the	the	PRON
fbem-15617	152	16	stronger	strong	ADJ
fbem-15617	152	17	its	its	PRON
fbem-15617	152	18	predictive	predictive	ADJ
fbem-15617	152	19	ability	ability	NOUN
fbem-15617	152	20	.	.	PUNCT
fbem-15617	153	1	this	this	DET
fbem-15617	153	2	article	article	NOUN
fbem-15617	153	3	evaluates	evaluate	VERB
fbem-15617	153	4	the	the	DET
fbem-15617	153	5	shortterm	shortterm	NOUN
fbem-15617	153	6	,	,	PUNCT
fbem-15617	153	7	medium	medium	ADJ
fbem-15617	153	8	-	-	PUNCT
fbem-15617	153	9	term	term	NOUN
fbem-15617	153	10	,	,	PUNCT
fbem-15617	153	11	and	and	CCONJ
fbem-15617	153	12	long	long	ADJ
fbem-15617	153	13	-	-	PUNCT
fbem-15617	153	14	term	term	NOUN
fbem-15617	153	15	predictive	predictive	ADJ
fbem-15617	153	16	abilities	ability	NOUN
fbem-15617	153	17	of	of	ADP
fbem-15617	153	18	two	two	NUM
fbem-15617	153	19	models	model	NOUN
fbem-15617	153	20	by	by	ADP
fbem-15617	153	21	taking	take	VERB
fbem-15617	153	22	1	1	NUM
fbem-15617	153	23	step	step	NOUN
fbem-15617	153	24	forward	forward	ADV
fbem-15617	153	25	,	,	PUNCT
fbem-15617	153	26	10	10	NUM
fbem-15617	153	27	steps	step	NOUN
fbem-15617	153	28	forward	forward	ADV
fbem-15617	153	29	,	,	PUNCT
fbem-15617	153	30	and	and	CCONJ
fbem-15617	153	31	30	30	NUM
fbem-15617	153	32	steps	step	NOUN
fbem-15617	153	33	forward	forward	ADV
fbem-15617	153	34	.	.	PUNCT
fbem-15617	154	1	the	the	DET
fbem-15617	154	2	loss	loss	NOUN
fbem-15617	154	3	functions	function	NOUN
fbem-15617	154	4	calculated	calculate	VERB
fbem-15617	154	5	by	by	ADP
fbem-15617	154	6	the	the	DET
fbem-15617	154	7	two	two	NUM
fbem-15617	154	8	models	model	NOUN
fbem-15617	154	9	are	be	AUX
fbem-15617	154	10	shown	show	VERB
fbem-15617	154	11	in	in	ADP
fbem-15617	154	12	table	table	NOUN
fbem-15617	154	13	3a-3b	3a-3b	NOUN
fbem-15617	154	14	.	.	PUNCT
fbem-15617	155	1	table	table	NOUN
fbem-15617	155	2	3a	3a	NUM
fbem-15617	155	3	.	.	PUNCT
fbem-15617	156	1	loss	loss	NOUN
fbem-15617	156	2	values	value	NOUN
fbem-15617	156	3	(	(	PUNCT
fbem-15617	156	4	garch	garch	NOUN
fbem-15617	156	5	-	-	PUNCT
fbem-15617	156	6	midas	midas	PROPN
fbem-15617	156	7	)	)	PUNCT
fbem-15617	156	8	garch	garch	NOUN
fbem-15617	156	9	-	-	PUNCT
fbem-15617	156	10	midas	midas	PROPN
fbem-15617	156	11	horizon	horizon	PROPN
fbem-15617	156	12	1	1	NUM
fbem-15617	156	13	-	-	PUNCT
fbem-15617	156	14	step	step	NOUN
fbem-15617	156	15	10	10	NUM
fbem-15617	156	16	-	-	PUNCT
fbem-15617	156	17	step	step	NOUN
fbem-15617	156	18	30	30	NUM
fbem-15617	156	19	-	-	PUNCT
fbem-15617	156	20	step	step	NOUN
fbem-15617	156	21	mae	mae	PROPN
fbem-15617	156	22	1.1031e-03	1.1031e-03	NUM
fbem-15617	156	23	1.1390e-03	1.1390e-03	NUM
fbem-15617	156	24	1.1553e-03	1.1553e-03	NUM
fbem-15617	156	25	mse	mse	NOUN
fbem-15617	156	26	6.4662e-06	6.4662e-06	NUM
fbem-15617	156	27	6.8106e-06	6.8106e-06	NUM
fbem-15617	156	28	6.9588e-06	6.9588e-06	NUM
fbem-15617	156	29	qlike	qlike	NOUN
fbem-15617	156	30	-6.0136	-6.0136	NOUN
fbem-15617	156	31	-5.9310	-5.9310	NOUN
fbem-15617	156	32	-5.9238	-5.9238	PUNCT
fbem-15617	156	33	table	table	NOUN
fbem-15617	156	34	3b	3b	NOUN
fbem-15617	156	35	.	.	PUNCT
fbem-15617	157	1	loss	loss	NOUN
fbem-15617	157	2	values	value	NOUN
fbem-15617	157	3	(	(	PUNCT
fbem-15617	157	4	vs	vs	ADP
fbem-15617	157	5	-	-	PUNCT
fbem-15617	157	6	garch	garch	NOUN
fbem-15617	157	7	-	-	PUNCT
fbem-15617	157	8	midas	midas	PROPN
fbem-15617	157	9	)	)	PUNCT
fbem-15617	157	10	vs	vs	ADP
fbem-15617	157	11	-	-	PUNCT
fbem-15617	157	12	garch	garch	NOUN
fbem-15617	157	13	-	-	PUNCT
fbem-15617	157	14	midas	midas	PROPN
fbem-15617	157	15	horizon	horizon	PROPN
fbem-15617	157	16	1	1	NUM
fbem-15617	157	17	-	-	PUNCT
fbem-15617	157	18	step	step	NOUN
fbem-15617	157	19	10	10	NUM
fbem-15617	157	20	-	-	PUNCT
fbem-15617	157	21	step	step	NOUN
fbem-15617	157	22	30	30	NUM
fbem-15617	157	23	-	-	PUNCT
fbem-15617	157	24	step	step	NOUN
fbem-15617	157	25	mae	mae	PROPN
fbem-15617	157	26	1.0795e-03	1.0795e-03	NUM
fbem-15617	157	27	1.1143e-03	1.1143e-03	NUM
fbem-15617	157	28	1.1300e-03	1.1300e-03	NUM
fbem-15617	157	29	mse	mse	NOUN
fbem-15617	157	30	6.4650e-06	6.4650e-06	NUM
fbem-15617	157	31	6.8077e-06	6.8077e-06	NUM
fbem-15617	157	32	6.9580e-06	6.9580e-06	NUM
fbem-15617	157	33	qlike	qlike	NOUN
fbem-15617	157	34	-6.0179	-6.0179	NOUN
fbem-15617	157	35	-5.9300	-5.9300	NOUN
fbem-15617	157	36	-5.9233	-5.9233	VERB
fbem-15617	157	37	from	from	ADP
fbem-15617	157	38	table	table	NOUN
fbem-15617	157	39	3	3	NUM
fbem-15617	157	40	,	,	PUNCT
fbem-15617	157	41	it	it	PRON
fbem-15617	157	42	can	can	AUX
fbem-15617	157	43	be	be	AUX
fbem-15617	157	44	seen	see	VERB
fbem-15617	157	45	that	that	SCONJ
fbem-15617	157	46	the	the	DET
fbem-15617	157	47	three	three	NUM
fbem-15617	157	48	loss	loss	NOUN
fbem-15617	157	49	function	function	NOUN
fbem-15617	157	50	values	value	NOUN
fbem-15617	157	51	of	of	ADP
fbem-15617	157	52	vs	vs	ADP
fbem-15617	157	53	-	-	PUNCT
fbem-15617	157	54	garch	garch	NOUN
fbem-15617	157	55	-	-	PUNCT
fbem-15617	157	56	midas	midas	PROPN
fbem-15617	157	57	are	be	AUX
fbem-15617	157	58	smaller	small	ADJ
fbem-15617	157	59	than	than	ADP
fbem-15617	157	60	those	those	PRON
fbem-15617	157	61	of	of	ADP
fbem-15617	157	62	garch	garch	NOUN
fbem-15617	157	63	-	-	PUNCT
fbem-15617	157	64	midas	midas	PROPN
fbem-15617	157	65	model	model	NOUN
fbem-15617	157	66	in	in	ADP
fbem-15617	157	67	both	both	CCONJ
fbem-15617	157	68	short	short	ADJ
fbem-15617	157	69	-	-	PUNCT
fbem-15617	157	70	term	term	NOUN
fbem-15617	157	71	,	,	PUNCT
fbem-15617	157	72	medium	medium	ADJ
fbem-15617	157	73	-	-	PUNCT
fbem-15617	157	74	term	term	NOUN
fbem-15617	157	75	,	,	PUNCT
fbem-15617	157	76	and	and	CCONJ
fbem-15617	157	77	long	long	ADJ
fbem-15617	157	78	-	-	PUNCT
fbem-15617	157	79	term	term	NOUN
fbem-15617	157	80	predictions	prediction	NOUN
fbem-15617	157	81	,	,	PUNCT
fbem-15617	157	82	indicating	indicate	VERB
fbem-15617	157	83	that	that	SCONJ
fbem-15617	157	84	the	the	DET
fbem-15617	157	85	out	out	NOUN
fbem-15617	157	86	of	of	ADP
fbem-15617	157	87	sample	sample	NOUN
fbem-15617	157	88	predictive	predictive	ADJ
fbem-15617	157	89	ability	ability	NOUN
fbem-15617	157	90	of	of	ADP
fbem-15617	157	91	vs	vs	ADP
fbem-15617	157	92	-	-	PUNCT
fbem-15617	157	93	garch	garch	NOUN
fbem-15617	157	94	-	-	PUNCT
fbem-15617	157	95	midas	midas	PROPN
fbem-15617	157	96	model	model	NOUN
fbem-15617	157	97	is	be	AUX
fbem-15617	157	98	better	well	ADJ
fbem-15617	157	99	than	than	ADP
fbem-15617	157	100	garch	garch	NOUN
fbem-15617	157	101	-	-	PUNCT
fbem-15617	157	102	midas	midas	PROPN
fbem-15617	157	103	model	model	NOUN
fbem-15617	157	104	in	in	ADP
fbem-15617	157	105	short	short	ADJ
fbem-15617	157	106	-	-	PUNCT
fbem-15617	157	107	term	term	NOUN
fbem-15617	157	108	,	,	PUNCT
fbem-15617	157	109	medium	medium	ADJ
fbem-15617	157	110	-	-	PUNCT
fbem-15617	157	111	term	term	NOUN
fbem-15617	157	112	,	,	PUNCT
fbem-15617	157	113	and	and	CCONJ
fbem-15617	157	114	long	long	ADJ
fbem-15617	157	115	-	-	PUNCT
fbem-15617	157	116	term	term	NOUN
fbem-15617	157	117	predictions	prediction	NOUN
fbem-15617	157	118	.	.	PUNCT
fbem-15617	158	1	from	from	ADP
fbem-15617	158	2	this	this	PRON
fbem-15617	158	3	,	,	PUNCT
fbem-15617	158	4	it	it	PRON
fbem-15617	158	5	can	can	AUX
fbem-15617	158	6	be	be	AUX
fbem-15617	158	7	concluded	conclude	VERB
fbem-15617	158	8	that	that	SCONJ
fbem-15617	158	9	the	the	DET
fbem-15617	158	10	vs	vs	ADJ
fbem-15617	158	11	-	-	PUNCT
fbem-15617	158	12	garch	garch	NOUN
fbem-15617	158	13	-	-	PUNCT
fbem-15617	158	14	midas	midas	PROPN
fbem-15617	158	15	model	model	NOUN
fbem-15617	158	16	has	have	VERB
fbem-15617	158	17	better	well	ADJ
fbem-15617	158	18	in	in	ADP
fbem-15617	158	19	sample	sample	NOUN
fbem-15617	158	20	fitting	fitting	ADJ
fbem-15617	158	21	and	and	CCONJ
fbem-15617	158	22	out	out	ADP
fbem-15617	158	23	of	of	ADP
fbem-15617	158	24	sample	sample	NOUN
fbem-15617	158	25	prediction	prediction	NOUN
fbem-15617	158	26	abilities	ability	NOUN
fbem-15617	158	27	than	than	ADP
fbem-15617	158	28	the	the	DET
fbem-15617	158	29	garchmidas	garchmidas	ADJ
fbem-15617	158	30	model	model	NOUN
fbem-15617	158	31	.	.	PUNCT
fbem-15617	159	1	therefore	therefore	ADV
fbem-15617	159	2	,	,	PUNCT
fbem-15617	159	3	considering	consider	VERB
fbem-15617	159	4	the	the	DET
fbem-15617	159	5	brent	brent	PROPN
fbem-15617	159	6	crude	crude	PROPN
fbem-15617	159	7	oil	oil	NOUN
fbem-15617	159	8	futures	future	NOUN
fbem-15617	159	9	market	market	NOUN
fbem-15617	159	10	spillover	spillover	NOUN
fbem-15617	159	11	effect	effect	NOUN
fbem-15617	159	12	can	can	AUX
fbem-15617	159	13	significantly	significantly	ADV
fbem-15617	159	14	improve	improve	VERB
fbem-15617	159	15	the	the	DET
fbem-15617	159	16	prediction	prediction	NOUN
fbem-15617	159	17	accuracy	accuracy	NOUN
fbem-15617	159	18	of	of	ADP
fbem-15617	159	19	eua	eua	PROPN
fbem-15617	159	20	futures	future	NOUN
fbem-15617	159	21	volatility	volatility	NOUN
fbem-15617	159	22	.	.	PUNCT
fbem-15617	160	1	4.4	4.4	NUM
fbem-15617	160	2	.	.	PUNCT
fbem-15617	161	1	the	the	DET
fbem-15617	161	2	impact	impact	NOUN
fbem-15617	161	3	of	of	ADP
fbem-15617	161	4	wti	wti	PROPN
fbem-15617	161	5	crude	crude	PROPN
fbem-15617	161	6	oil	oil	NOUN
fbem-15617	161	7	futures	future	NOUN
fbem-15617	161	8	market	market	NOUN
fbem-15617	161	9	the	the	DET
fbem-15617	161	10	above	above	ADJ
fbem-15617	161	11	results	result	NOUN
fbem-15617	161	12	indicate	indicate	VERB
fbem-15617	161	13	that	that	SCONJ
fbem-15617	161	14	the	the	DET
fbem-15617	161	15	brent	brent	PROPN
fbem-15617	161	16	crude	crude	PROPN
fbem-15617	161	17	oil	oil	NOUN
fbem-15617	161	18	futures	future	NOUN
fbem-15617	161	19	market	market	NOUN
fbem-15617	161	20	has	have	VERB
fbem-15617	161	21	a	a	DET
fbem-15617	161	22	one	one	NUM
fbem-15617	161	23	-	-	PUNCT
fbem-15617	161	24	way	way	NOUN
fbem-15617	161	25	spillover	spillover	ADJ
fbem-15617	161	26	effect	effect	NOUN
fbem-15617	161	27	on	on	ADP
fbem-15617	161	28	the	the	DET
fbem-15617	161	29	eua	eua	PROPN
fbem-15617	161	30	futures	future	NOUN
fbem-15617	161	31	market	market	NOUN
fbem-15617	161	32	,	,	PUNCT
fbem-15617	161	33	and	and	CCONJ
fbem-15617	161	34	the	the	DET
fbem-15617	161	35	introduction	introduction	NOUN
fbem-15617	161	36	of	of	ADP
fbem-15617	161	37	this	this	DET
fbem-15617	161	38	spillover	spillover	ADJ
fbem-15617	161	39	effect	effect	NOUN
fbem-15617	161	40	helps	help	VERB
fbem-15617	161	41	to	to	PART
fbem-15617	161	42	improve	improve	VERB
fbem-15617	161	43	the	the	DET
fbem-15617	161	44	prediction	prediction	NOUN
fbem-15617	161	45	accuracy	accuracy	NOUN
fbem-15617	161	46	of	of	ADP
fbem-15617	161	47	eua	eua	PROPN
fbem-15617	161	48	futures	future	NOUN
fbem-15617	161	49	volatility	volatility	NOUN
fbem-15617	161	50	.	.	PUNCT
fbem-15617	162	1	to	to	PART
fbem-15617	162	2	examine	examine	VERB
fbem-15617	162	3	the	the	DET
fbem-15617	162	4	robustness	robustness	NOUN
fbem-15617	162	5	of	of	ADP
fbem-15617	162	6	the	the	DET
fbem-15617	162	7	conclusion	conclusion	NOUN
fbem-15617	162	8	that	that	SCONJ
fbem-15617	162	9	the	the	DET
fbem-15617	162	10	introduction	introduction	NOUN
fbem-15617	162	11	of	of	ADP
fbem-15617	162	12	spillover	spillover	NOUN
fbem-15617	162	13	effects	effect	NOUN
fbem-15617	162	14	can	can	AUX
fbem-15617	162	15	improve	improve	VERB
fbem-15617	162	16	the	the	DET
fbem-15617	162	17	accuracy	accuracy	NOUN
fbem-15617	162	18	of	of	ADP
fbem-15617	162	19	eua	eua	PROPN
fbem-15617	162	20	futures	futures	PROPN
fbem-15617	162	21	volatility	volatility	NOUN
fbem-15617	162	22	prediction	prediction	NOUN
fbem-15617	162	23	,	,	PUNCT
fbem-15617	162	24	this	this	DET
fbem-15617	162	25	article	article	NOUN
fbem-15617	162	26	examines	examine	VERB
fbem-15617	162	27	the	the	DET
fbem-15617	162	28	impact	impact	NOUN
fbem-15617	162	29	of	of	ADP
fbem-15617	162	30	the	the	DET
fbem-15617	162	31	west	west	PROPN
fbem-15617	162	32	texas	texas	PROPN
fbem-15617	162	33	crude	crude	PROPN
fbem-15617	162	34	oil	oil	PROPN
fbem-15617	162	35	(	(	PUNCT
fbem-15617	162	36	wti	wti	PROPN
fbem-15617	162	37	)	)	PUNCT
fbem-15617	162	38	futures	future	NOUN
fbem-15617	162	39	market	market	NOUN
fbem-15617	162	40	in	in	ADP
fbem-15617	162	41	the	the	DET
fbem-15617	162	42	united	united	PROPN
fbem-15617	162	43	states	states	PROPN
fbem-15617	162	44	on	on	ADP
fbem-15617	162	45	the	the	DET
fbem-15617	162	46	volatility	volatility	NOUN
fbem-15617	162	47	of	of	ADP
fbem-15617	162	48	the	the	DET
fbem-15617	162	49	eua	eua	PROPN
fbem-15617	162	50	futures	future	NOUN
fbem-15617	162	51	market	market	NOUN
fbem-15617	162	52	.	.	PUNCT
fbem-15617	163	1	the	the	DET
fbem-15617	163	2	monthly	monthly	ADJ
fbem-15617	163	3	realized	realize	VERB
fbem-15617	163	4	volatility	volatility	NOUN
fbem-15617	163	5	of	of	ADP
fbem-15617	163	6	wti	wti	PROPN
fbem-15617	163	7	crude	crude	PROPN
fbem-15617	163	8	oil	oil	NOUN
fbem-15617	163	9	futures	future	NOUN
fbem-15617	163	10	,	,	PUNCT
fbem-15617	163	11	which	which	PRON
fbem-15617	163	12	is	be	AUX
fbem-15617	163	13	the	the	DET
fbem-15617	163	14	sum	sum	NOUN
fbem-15617	163	15	of	of	ADP
fbem-15617	163	16	the	the	DET
fbem-15617	163	17	squares	square	NOUN
fbem-15617	163	18	of	of	ADP
fbem-15617	163	19	daily	daily	ADJ
fbem-15617	163	20	returns	return	NOUN
fbem-15617	163	21	within	within	ADP
fbem-15617	163	22	the	the	DET
fbem-15617	163	23	month	month	NOUN
fbem-15617	163	24	,	,	PUNCT
fbem-15617	163	25	is	be	AUX
fbem-15617	163	26	introduced	introduce	VERB
fbem-15617	163	27	into	into	ADP
fbem-15617	163	28	the	the	DET
fbem-15617	163	29	long	long	ADJ
fbem-15617	163	30	-	-	PUNCT
fbem-15617	163	31	term	term	NOUN
fbem-15617	163	32	component	component	NOUN
fbem-15617	163	33	.	.	PUNCT
fbem-15617	164	1	the	the	DET
fbem-15617	164	2	trend	trend	NOUN
fbem-15617	164	3	of	of	ADP
fbem-15617	164	4	the	the	DET
fbem-15617	164	5	monthly	monthly	ADJ
fbem-15617	164	6	realized	realize	VERB
fbem-15617	164	7	volatility	volatility	NOUN
fbem-15617	164	8	is	be	AUX
fbem-15617	164	9	shown	show	VERB
fbem-15617	164	10	in	in	ADP
fbem-15617	164	11	figure	figure	NOUN
fbem-15617	164	12	4	4	NUM
fbem-15617	164	13	.	.	PUNCT
fbem-15617	164	14	figure	figure	VERB
fbem-15617	164	15	4	4	NUM
fbem-15617	164	16	.	.	NOUN
fbem-15617	164	17	monthly	monthly	ADJ
fbem-15617	164	18	realized	realize	VERB
fbem-15617	164	19	volatility	volatility	NOUN
fbem-15617	164	20	of	of	ADP
fbem-15617	164	21	wti	wti	PROPN
fbem-15617	164	22	crude	crude	PROPN
fbem-15617	164	23	oil	oil	NOUN
fbem-15617	164	24	futures	future	NOUN
fbem-15617	164	25	from	from	ADP
fbem-15617	164	26	figure	figure	NOUN
fbem-15617	164	27	4	4	NUM
fbem-15617	164	28	,	,	PUNCT
fbem-15617	164	29	it	it	PRON
fbem-15617	164	30	can	can	AUX
fbem-15617	164	31	be	be	AUX
fbem-15617	164	32	seen	see	VERB
fbem-15617	164	33	that	that	SCONJ
fbem-15617	164	34	the	the	DET
fbem-15617	164	35	monthly	monthly	ADJ
fbem-15617	164	36	realized	realize	VERB
fbem-15617	164	37	volatility	volatility	NOUN
fbem-15617	164	38	of	of	ADP
fbem-15617	164	39	wti	wti	PROPN
fbem-15617	164	40	crude	crude	PROPN
fbem-15617	164	41	oil	oil	NOUN
fbem-15617	164	42	futures	future	NOUN
fbem-15617	164	43	fluctuated	fluctuate	VERB
fbem-15617	164	44	significantly	significantly	ADV
fbem-15617	164	45	between	between	ADP
fbem-15617	164	46	2008	2008	NUM
fbem-15617	164	47	and	and	CCONJ
fbem-15617	164	48	2009	2009	NUM
fbem-15617	164	49	,	,	PUNCT
fbem-15617	164	50	with	with	ADP
fbem-15617	164	51	smaller	small	ADJ
fbem-15617	164	52	fluctuations	fluctuation	NOUN
fbem-15617	164	53	between	between	ADP
fbem-15617	164	54	2010	2010	NUM
fbem-15617	164	55	and	and	CCONJ
fbem-15617	164	56	2015	2015	NUM
fbem-15617	164	57	.	.	PUNCT
fbem-15617	165	1	the	the	DET
fbem-15617	165	2	subsequent	subsequent	ADJ
fbem-15617	165	3	trend	trend	NOUN
fbem-15617	165	4	of	of	ADP
fbem-15617	165	5	volatility	volatility	NOUN
fbem-15617	165	6	has	have	AUX
fbem-15617	165	7	slightly	slightly	ADV
fbem-15617	165	8	increased	increase	VERB
fbem-15617	165	9	,	,	PUNCT
fbem-15617	165	10	similar	similar	ADJ
fbem-15617	165	11	to	to	ADP
fbem-15617	165	12	brent	brent	PROPN
fbem-15617	165	13	crude	crude	PROPN
fbem-15617	165	14	oil	oil	NOUN
fbem-15617	165	15	futures	future	NOUN
fbem-15617	165	16	.	.	PUNCT
fbem-15617	166	1	introducing	introduce	VERB
fbem-15617	166	2	it	it	PRON
fbem-15617	166	3	into	into	ADP
fbem-15617	166	4	long	long	ADJ
fbem-15617	166	5	-	-	PUNCT
fbem-15617	166	6	term	term	NOUN
fbem-15617	166	7	components	component	NOUN
fbem-15617	166	8	for	for	ADP
fbem-15617	166	9	intra	intra	ADJ
fbem-15617	166	10	sample	sample	PROPN
fbem-15617	166	11	parameter	parameter	PROPN
fbem-15617	166	12	estimation	estimation	PROPN
fbem-15617	166	13	,	,	PUNCT
fbem-15617	166	14	a	a	DET
fbem-15617	166	15	total	total	NOUN
fbem-15617	166	16	of	of	ADP
fbem-15617	166	17	3000	3000	NUM
fbem-15617	166	18	daily	daily	ADJ
fbem-15617	166	19	return	return	NOUN
fbem-15617	166	20	data	datum	NOUN
fbem-15617	166	21	from	from	ADP
fbem-15617	166	22	january	january	PROPN
fbem-15617	166	23	1	1	NUM
fbem-15617	166	24	,	,	PUNCT
fbem-15617	166	25	2008	2008	NUM
fbem-15617	166	26	to	to	ADP
fbem-15617	166	27	december	december	PROPN
fbem-15617	166	28	19	19	NUM
fbem-15617	166	29	,	,	PUNCT
fbem-15617	166	30	2019	2019	NUM
fbem-15617	166	31	were	be	AUX
fbem-15617	166	32	selected	select	VERB
fbem-15617	166	33	for	for	ADP
fbem-15617	166	34	intra	intra	ADJ
fbem-15617	166	35	sample	sample	NOUN
fbem-15617	166	36	fitting	fitting	ADJ
fbem-15617	166	37	.	.	PUNCT
fbem-15617	167	1	the	the	DET
fbem-15617	167	2	intra	intra	ADJ
fbem-15617	167	3	sample	sample	NOUN
fbem-15617	167	4	fitting	fitting	ADJ
fbem-15617	167	5	effect	effect	NOUN
fbem-15617	167	6	of	of	ADP
fbem-15617	167	7	the	the	DET
fbem-15617	167	8	vs	vs	ADJ
fbem-15617	167	9	-	-	PUNCT
fbem-15617	167	10	garchmidas	garchmidas	ADJ
fbem-15617	167	11	model	model	NOUN
fbem-15617	167	12	considering	consider	VERB
fbem-15617	167	13	the	the	DET
fbem-15617	167	14	spillover	spillover	ADJ
fbem-15617	167	15	effect	effect	NOUN
fbem-15617	167	16	of	of	ADP
fbem-15617	167	17	wti	wti	PROPN
fbem-15617	167	18	crude	crude	PROPN
fbem-15617	167	19	oil	oil	NOUN
fbem-15617	167	20	futures	future	NOUN
fbem-15617	167	21	market	market	NOUN
fbem-15617	167	22	is	be	AUX
fbem-15617	167	23	shown	show	VERB
fbem-15617	167	24	in	in	ADP
fbem-15617	167	25	table	table	NOUN
fbem-15617	167	26	4	4	NUM
fbem-15617	167	27	.	.	PUNCT
fbem-15617	168	1	it	it	PRON
fbem-15617	168	2	can	can	AUX
fbem-15617	168	3	be	be	AUX
fbem-15617	168	4	seen	see	VERB
fbem-15617	168	5	that	that	SCONJ
fbem-15617	168	6	2	2	NOUN
fbem-15617	168	7	is	be	AUX
fbem-15617	168	8	significantly	significantly	ADV
fbem-15617	168	9	positive	positive	ADJ
fbem-15617	168	10	,	,	PUNCT
fbem-15617	168	11	indicating	indicate	VERB
fbem-15617	168	12	the	the	DET
fbem-15617	168	13	spillover	spillover	ADJ
fbem-15617	168	14	effect	effect	NOUN
fbem-15617	168	15	of	of	ADP
fbem-15617	168	16	wti	wti	PROPN
fbem-15617	168	17	crude	crude	PROPN
fbem-15617	168	18	oil	oil	NOUN
fbem-15617	168	19	futures	future	NOUN
fbem-15617	168	20	on	on	ADP
fbem-15617	168	21	the	the	DET
fbem-15617	168	22	eua	eua	PROPN
fbem-15617	168	23	futures	future	NOUN
fbem-15617	168	24	market	market	NOUN
fbem-15617	168	25	.	.	PUNCT
fbem-15617	169	1	the	the	DET
fbem-15617	169	2	in	in	ADP
fbem-15617	169	3	-	-	PUNCT
fbem-15617	169	4	sample	sample	NOUN
fbem-15617	169	5	fitting	fitting	ADJ
fbem-15617	169	6	effect	effect	NOUN
fbem-15617	169	7	of	of	ADP
fbem-15617	169	8	the	the	DET
fbem-15617	169	9	garch	garch	NOUN
fbem-15617	169	10	-	-	PUNCT
fbem-15617	169	11	midas	midas	PROPN
fbem-15617	169	12	model	model	NOUN
fbem-15617	169	13	is	be	AUX
fbem-15617	169	14	better	well	ADJ
fbem-15617	169	15	than	than	ADP
fbem-15617	169	16	that	that	PRON
fbem-15617	169	17	of	of	ADP
fbem-15617	169	18	the	the	DET
fbem-15617	169	19	garch	garch	NOUN
fbem-15617	169	20	model	model	NOUN
fbem-15617	169	21	,	,	PUNCT
fbem-15617	169	22	and	and	CCONJ
fbem-15617	169	23	the	the	DET
fbem-15617	169	24	in	in	ADP
fbem-15617	169	25	-	-	PUNCT
fbem-15617	169	26	sample	sample	NOUN
fbem-15617	169	27	fitting	fitting	ADJ
fbem-15617	169	28	effect	effect	NOUN
fbem-15617	169	29	of	of	ADP
fbem-15617	169	30	the	the	DET
fbem-15617	169	31	vs	vs	ADJ
fbem-15617	169	32	-	-	PUNCT
fbem-15617	169	33	garch	garch	NOUN
fbem-15617	169	34	-	-	PUNCT
fbem-15617	169	35	midas	midas	PROPN
fbem-15617	169	36	model	model	NOUN
fbem-15617	169	37	is	be	AUX
fbem-15617	169	38	better	well	ADJ
fbem-15617	169	39	than	than	ADP
fbem-15617	169	40	that	that	PRON
fbem-15617	169	41	of	of	ADP
fbem-15617	169	42	the	the	DET
fbem-15617	169	43	garch	garch	NOUN
fbem-15617	169	44	-	-	PUNCT
fbem-15617	169	45	midas	midas	PROPN
fbem-15617	169	46	model	model	NOUN
fbem-15617	169	47	.	.	PUNCT
fbem-15617	170	1	the	the	DET
fbem-15617	170	2	prediction	prediction	NOUN
fbem-15617	170	3	sample	sample	NOUN
fbem-15617	170	4	is	be	AUX
fbem-15617	170	5	the	the	DET
fbem-15617	170	6	eua	eua	PROPN
fbem-15617	170	7	futures	futures	PROPN
fbem-15617	170	8	price	price	NOUN
fbem-15617	170	9	data	datum	NOUN
fbem-15617	170	10	from	from	ADP
fbem-15617	170	11	december	december	PROPN
fbem-15617	170	12	20	20	NUM
fbem-15617	170	13	,	,	PUNCT
fbem-15617	170	14	2019	2019	NUM
fbem-15617	170	15	to	to	ADP
fbem-15617	170	16	may	may	PROPN
fbem-15617	170	17	9	9	NUM
fbem-15617	170	18	,	,	PUNCT
fbem-15617	170	19	2022	2022	NUM
fbem-15617	170	20	.	.	PUNCT
fbem-15617	171	1	based	base	VERB
fbem-15617	171	2	on	on	ADP
fbem-15617	171	3	the	the	DET
fbem-15617	171	4	garch	garch	NOUN
fbem-15617	171	5	-	-	PUNCT
fbem-15617	171	6	midas	midas	PROPN
fbem-15617	171	7	model	model	NOUN
fbem-15617	171	8	and	and	CCONJ
fbem-15617	171	9	vsgarch	vsgarch	NOUN
fbem-15617	171	10	-	-	PUNCT
fbem-15617	171	11	midas	midas	PROPN
fbem-15617	171	12	model	model	NOUN
fbem-15617	171	13	,	,	PUNCT
fbem-15617	171	14	short	short	ADJ
fbem-15617	171	15	-	-	PUNCT
fbem-15617	171	16	term	term	NOUN
fbem-15617	171	17	(	(	PUNCT
fbem-15617	171	18	1	1	NUM
fbem-15617	171	19	day	day	NOUN
fbem-15617	171	20	)	)	PUNCT
fbem-15617	171	21	,	,	PUNCT
fbem-15617	171	22	medium	medium	ADJ
fbem-15617	171	23	-	-	PUNCT
fbem-15617	171	24	term	term	NOUN
fbem-15617	171	25	(	(	PUNCT
fbem-15617	171	26	10	10	NUM
fbem-15617	171	27	days	day	NOUN
fbem-15617	171	28	)	)	PUNCT
fbem-15617	171	29	,	,	PUNCT
fbem-15617	171	30	and	and	CCONJ
fbem-15617	171	31	long	long	ADJ
fbem-15617	171	32	-	-	PUNCT
fbem-15617	171	33	term	term	NOUN
fbem-15617	171	34	(	(	PUNCT
fbem-15617	171	35	30	30	NUM
fbem-15617	171	36	days	day	NOUN
fbem-15617	171	37	)	)	PUNCT
fbem-15617	171	38	predictions	prediction	NOUN
fbem-15617	171	39	were	be	AUX
fbem-15617	171	40	made	make	VERB
fbem-15617	171	41	for	for	ADP
fbem-15617	171	42	the	the	DET
fbem-15617	171	43	volatility	volatility	NOUN
fbem-15617	171	44	of	of	ADP
fbem-15617	171	45	this	this	DET
fbem-15617	171	46	period	period	NOUN
fbem-15617	171	47	.	.	PUNCT
fbem-15617	172	1	the	the	DET
fbem-15617	172	2	prediction	prediction	NOUN
fbem-15617	172	3	results	result	NOUN
fbem-15617	172	4	are	be	AUX
fbem-15617	172	5	shown	show	VERB
fbem-15617	172	6	in	in	ADP
fbem-15617	172	7	table	table	NOUN
fbem-15617	172	8	5a-5b	5a-5b	NOUN
fbem-15617	172	9	.	.	PUNCT
fbem-15617	173	1	277	277	NUM
fbem-15617	173	2	table	table	NOUN
fbem-15617	173	3	4	4	NUM
fbem-15617	173	4	.	.	PUNCT
fbem-15617	173	5	parameter	parameter	PROPN
fbem-15617	173	6	estimation	estimation	PROPN
fbem-15617	173	7	results	result	NOUN
fbem-15617	173	8	garch	garch	NOUN
fbem-15617	173	9	garchmidas	garchmidas	ADJ
fbem-15617	173	10	vs	vs	ADP
fbem-15617	173	11	-	-	PUNCT
fbem-15617	173	12	garchmidas	garchmidas	ADJ
fbem-15617	173	13			NOUN
fbem-15617	173	14			NOUN
fbem-15617	173	15	0.0000	0.0000	NUM
fbem-15617	173	16	0.0008	0.0008	NUM
fbem-15617	173	17			NOUN
fbem-15617	173	18	0.0004	0.0004	PROPN
fbem-15617	173	19	0.0011	0.0011	NUM
fbem-15617	173	20			NOUN
fbem-15617	173	21	0.0004	0.0004	PROPN
fbem-15617	173	22	0.0011	0.0011	NUM
fbem-15617	173	23	m	m	NUM
fbem-15617	173	24			NOUN
fbem-15617	173	25	0.0000	0.0000	NUM
fbem-15617	173	26	0.0000	0.0000	NUM
fbem-15617	173	27			ADJ
fbem-15617	173	28	0.1351	0.1351	NOUN
fbem-15617	173	29	3.1549	3.1549	NUM
fbem-15617	173	30			NOUN
fbem-15617	173	31	0.2358	0.2358	NOUN
fbem-15617	173	32	2.2734	2.2734	NUM
fbem-15617	173	33			X
fbem-15617	173	34			ADP
fbem-15617	173	35	0.0000	0.0000	NUM
fbem-15617	173	36	0.0397	0.0397	NUM
fbem-15617	173	37			NOUN
fbem-15617	173	38	0.0056	0.0056	NUM
fbem-15617	173	39	0.1104	0.1104	NUM
fbem-15617	173	40			PROPN
fbem-15617	173	41	0.0057	0.0057	NOUN
fbem-15617	173	42	0.1113	0.1113	NUM
fbem-15617	173	43			NOUN
fbem-15617	173	44			NOUN
fbem-15617	173	45	0.0000	0.0000	NUM
fbem-15617	173	46	0.9309	0.9309	NUM
fbem-15617	173	47			NOUN
fbem-15617	173	48	0.0052	0.0052	PRON
fbem-15617	173	49	0.8595	0.8595	NUM
fbem-15617	173	50			NOUN
fbem-15617	173	51	0.0052	0.0052	NOUN
fbem-15617	173	52	0.8564	0.8564	NUM
fbem-15617	173	53	1	1	NUM
fbem-15617	173	54			NOUN
fbem-15617	173	55	0.0135	0.0135	X
fbem-15617	173	56	1.0077	1.0077	NUM
fbem-15617	173	57			NOUN
fbem-15617	173	58	0.0135	0.0135	NUM
fbem-15617	173	59	1.0091	1.0091	NUM
fbem-15617	173	60	1	1	NOUN
fbem-15617	173	61			NOUN
fbem-15617	173	62	0.0244	0.0244	PROPN
fbem-15617	174	1	0.8980	0.8980	NUM
fbem-15617	174	2			NOUN
fbem-15617	174	3	0.0247	0.0247	ADP
fbem-15617	174	4	0.9507	0.9507	NUM
fbem-15617	174	5	2	2	NUM
fbem-15617	174	6			NOUN
fbem-15617	174	7	0.0354	0.0354	PROPN
fbem-15617	174	8	0.1365	0.1365	NUM
fbem-15617	174	9	llf	llf	NOUN
fbem-15617	174	10	5807.6263	5807.6263	NUM
fbem-15617	174	11	6149.5000	6149.5000	NUM
fbem-15617	174	12	6151.5185	6151.5185	NOUN
fbem-15617	174	13	aic	aic	PROPN
fbem-15617	174	14	11607.2527	11607.2527	PROPN
fbem-15617	175	1	12287.0000	12287.0000	NUM
fbem-15617	175	2	12289.0370	12289.0370	PROPN
fbem-15617	175	3	bic	bic	PROPN
fbem-15617	175	4	11583.2272	11583.2272	PROPN
fbem-15617	175	5	12250.9613	12250.9613	PROPN
fbem-15617	175	6	12246.9924	12246.9924	NUM
fbem-15617	175	7	from	from	ADP
fbem-15617	175	8	table	table	NOUN
fbem-15617	175	9	5	5	NUM
fbem-15617	175	10	,	,	PUNCT
fbem-15617	175	11	it	it	PRON
fbem-15617	175	12	can	can	AUX
fbem-15617	175	13	be	be	AUX
fbem-15617	175	14	seen	see	VERB
fbem-15617	175	15	that	that	SCONJ
fbem-15617	175	16	the	the	DET
fbem-15617	175	17	three	three	NUM
fbem-15617	175	18	loss	loss	NOUN
fbem-15617	175	19	function	function	NOUN
fbem-15617	175	20	values	value	NOUN
fbem-15617	175	21	of	of	ADP
fbem-15617	175	22	vs	vs	ADP
fbem-15617	175	23	-	-	PUNCT
fbem-15617	175	24	garch	garch	NOUN
fbem-15617	175	25	-	-	PUNCT
fbem-15617	175	26	midas	midas	PROPN
fbem-15617	175	27	are	be	AUX
fbem-15617	175	28	smaller	small	ADJ
fbem-15617	175	29	in	in	ADP
fbem-15617	175	30	the	the	DET
fbem-15617	175	31	short	short	ADJ
fbem-15617	175	32	,	,	PUNCT
fbem-15617	175	33	medium	medium	ADJ
fbem-15617	175	34	,	,	PUNCT
fbem-15617	175	35	and	and	CCONJ
fbem-15617	175	36	long	long	ADJ
fbem-15617	175	37	term	term	NOUN
fbem-15617	175	38	than	than	ADP
fbem-15617	175	39	those	those	PRON
fbem-15617	175	40	of	of	ADP
fbem-15617	175	41	the	the	DET
fbem-15617	175	42	garch	garch	NOUN
fbem-15617	175	43	-	-	PUNCT
fbem-15617	175	44	midas	midas	PROPN
fbem-15617	175	45	model	model	NOUN
fbem-15617	175	46	,	,	PUNCT
fbem-15617	175	47	indicating	indicate	VERB
fbem-15617	175	48	that	that	SCONJ
fbem-15617	175	49	the	the	DET
fbem-15617	175	50	out	out	NOUN
fbem-15617	175	51	of	of	ADP
fbem-15617	175	52	sample	sample	NOUN
fbem-15617	175	53	predictive	predictive	ADJ
fbem-15617	175	54	ability	ability	NOUN
fbem-15617	175	55	of	of	ADP
fbem-15617	175	56	the	the	DET
fbem-15617	175	57	vs	vs	ADJ
fbem-15617	175	58	-	-	PUNCT
fbem-15617	175	59	garch	garch	NOUN
fbem-15617	175	60	-	-	PUNCT
fbem-15617	175	61	midas	midas	PROPN
fbem-15617	175	62	model	model	NOUN
fbem-15617	175	63	is	be	AUX
fbem-15617	175	64	better	well	ADJ
fbem-15617	175	65	than	than	ADP
fbem-15617	175	66	that	that	PRON
fbem-15617	175	67	of	of	ADP
fbem-15617	175	68	the	the	DET
fbem-15617	175	69	garch	garch	NOUN
fbem-15617	175	70	-	-	PUNCT
fbem-15617	175	71	midas	midas	PROPN
fbem-15617	175	72	model	model	NOUN
fbem-15617	175	73	.	.	PUNCT
fbem-15617	176	1	the	the	DET
fbem-15617	176	2	conclusion	conclusion	NOUN
fbem-15617	176	3	that	that	SCONJ
fbem-15617	176	4	considering	consider	VERB
fbem-15617	176	5	the	the	DET
fbem-15617	176	6	spillover	spillover	NOUN
fbem-15617	176	7	effects	effect	NOUN
fbem-15617	176	8	of	of	ADP
fbem-15617	176	9	wti	wti	PROPN
fbem-15617	176	10	crude	crude	PROPN
fbem-15617	176	11	oil	oil	NOUN
fbem-15617	176	12	futures	future	NOUN
fbem-15617	176	13	market	market	NOUN
fbem-15617	176	14	can	can	AUX
fbem-15617	176	15	significantly	significantly	ADV
fbem-15617	176	16	improve	improve	VERB
fbem-15617	176	17	the	the	DET
fbem-15617	176	18	prediction	prediction	NOUN
fbem-15617	176	19	accuracy	accuracy	NOUN
fbem-15617	176	20	of	of	ADP
fbem-15617	176	21	eua	eua	PROPN
fbem-15617	176	22	futures	future	NOUN
fbem-15617	176	23	volatility	volatility	NOUN
fbem-15617	176	24	is	be	AUX
fbem-15617	176	25	robust	robust	ADJ
fbem-15617	176	26	.	.	PUNCT
fbem-15617	177	1	therefore	therefore	ADV
fbem-15617	177	2	,	,	PUNCT
fbem-15617	177	3	considering	consider	VERB
fbem-15617	177	4	the	the	DET
fbem-15617	177	5	spillover	spillover	NOUN
fbem-15617	177	6	effects	effect	NOUN
fbem-15617	177	7	between	between	ADP
fbem-15617	177	8	energy	energy	NOUN
fbem-15617	177	9	markets	market	NOUN
fbem-15617	177	10	can	can	AUX
fbem-15617	177	11	improve	improve	VERB
fbem-15617	177	12	the	the	DET
fbem-15617	177	13	prediction	prediction	NOUN
fbem-15617	177	14	accuracy	accuracy	NOUN
fbem-15617	177	15	of	of	ADP
fbem-15617	177	16	eua	eua	PROPN
fbem-15617	177	17	futures	future	NOUN
fbem-15617	177	18	volatility	volatility	NOUN
fbem-15617	177	19	.	.	PUNCT
fbem-15617	178	1	table	table	NOUN
fbem-15617	178	2	5a	5a	NUM
fbem-15617	178	3	.	.	PUNCT
fbem-15617	179	1	loss	loss	NOUN
fbem-15617	179	2	values	value	NOUN
fbem-15617	179	3	(	(	PUNCT
fbem-15617	179	4	garch	garch	NOUN
fbem-15617	179	5	-	-	PUNCT
fbem-15617	179	6	midas	midas	PROPN
fbem-15617	179	7	)	)	PUNCT
fbem-15617	179	8	garch	garch	NOUN
fbem-15617	179	9	-	-	PUNCT
fbem-15617	179	10	midas	midas	PROPN
fbem-15617	179	11	horizon	horizon	PROPN
fbem-15617	179	12	1	1	NUM
fbem-15617	179	13	-	-	PUNCT
fbem-15617	179	14	step	step	NOUN
fbem-15617	179	15	10	10	NUM
fbem-15617	179	16	-	-	PUNCT
fbem-15617	179	17	step	step	NOUN
fbem-15617	179	18	30	30	NUM
fbem-15617	179	19	-	-	PUNCT
fbem-15617	179	20	step	step	NOUN
fbem-15617	179	21	mae	mae	PROPN
fbem-15617	179	22	1.2288e-03	1.2288e-03	NUM
fbem-15617	179	23	1.2643e-03	1.2643e-03	NUM
fbem-15617	179	24	1.2843e-03	1.2843e-03	PROPN
fbem-15617	179	25	mse	mse	NOUN
fbem-15617	179	26	6.7806e-06	6.7806e-06	NUM
fbem-15617	179	27	7.1365e-06	7.1365e-06	NUM
fbem-15617	179	28	7.3214e-06	7.3214e-06	NUM
fbem-15617	179	29	qlike	qlike	NOUN
fbem-15617	179	30	-5.9622	-5.9622	PUNCT
fbem-15617	179	31	-5.8974	-5.8974	PROPN
fbem-15617	179	32	-5.8811	-5.8811	PROPN
fbem-15617	179	33	table	table	NOUN
fbem-15617	179	34	5b	5b	NUM
fbem-15617	179	35	.	.	PUNCT
fbem-15617	180	1	loss	loss	NOUN
fbem-15617	180	2	values	value	NOUN
fbem-15617	180	3	(	(	PUNCT
fbem-15617	180	4	vs	vs	ADP
fbem-15617	180	5	-	-	PUNCT
fbem-15617	180	6	garch	garch	NOUN
fbem-15617	180	7	-	-	PUNCT
fbem-15617	180	8	midas	midas	PROPN
fbem-15617	180	9	)	)	PUNCT
fbem-15617	180	10	vs	vs	ADP
fbem-15617	180	11	-	-	PUNCT
fbem-15617	180	12	garch	garch	NOUN
fbem-15617	180	13	-	-	PUNCT
fbem-15617	180	14	midas	midas	PROPN
fbem-15617	180	15	horizon	horizon	PROPN
fbem-15617	180	16	1	1	NUM
fbem-15617	180	17	-	-	PUNCT
fbem-15617	180	18	step	step	NOUN
fbem-15617	180	19	10	10	NUM
fbem-15617	180	20	-	-	PUNCT
fbem-15617	180	21	step	step	NOUN
fbem-15617	180	22	30	30	NUM
fbem-15617	180	23	-	-	PUNCT
fbem-15617	180	24	step	step	NOUN
fbem-15617	180	25	mae	mae	PROPN
fbem-15617	180	26	1.1973e-03	1.1973e-03	NUM
fbem-15617	180	27	1.2324e-03	1.2324e-03	NUM
fbem-15617	180	28	1.2520e-03	1.2520e-03	NUM
fbem-15617	180	29	mse	mse	NOUN
fbem-15617	180	30	6.7621e-06	6.7621e-06	NUM
fbem-15617	180	31	7.1174e-06	7.1174e-06	NUM
fbem-15617	180	32	7.3031e-06	7.3031e-06	NUM
fbem-15617	180	33	qlike	qlike	NOUN
fbem-15617	180	34	-5.9721	-5.9721	NOUN
fbem-15617	180	35	-5.9030	-5.9030	X
fbem-15617	180	36	-5.8870	-5.8870	PUNCT
fbem-15617	181	1	5	5	NUM
fbem-15617	181	2	.	.	X
fbem-15617	181	3	conclusion	conclusion	VERB
fbem-15617	181	4	the	the	DET
fbem-15617	181	5	accurate	accurate	ADJ
fbem-15617	181	6	prediction	prediction	NOUN
fbem-15617	181	7	of	of	ADP
fbem-15617	181	8	eua	eua	PROPN
fbem-15617	181	9	futures	future	NOUN
fbem-15617	181	10	volatility	volatility	NOUN
fbem-15617	181	11	is	be	AUX
fbem-15617	181	12	crucial	crucial	ADJ
fbem-15617	181	13	for	for	ADP
fbem-15617	181	14	the	the	DET
fbem-15617	181	15	pricing	pricing	NOUN
fbem-15617	181	16	of	of	ADP
fbem-15617	181	17	carbon	carbon	NOUN
fbem-15617	181	18	finance	finance	NOUN
fbem-15617	181	19	derivatives	derivative	NOUN
fbem-15617	181	20	,	,	PUNCT
fbem-15617	181	21	portfolio	portfolio	NOUN
fbem-15617	181	22	allocation	allocation	NOUN
fbem-15617	181	23	,	,	PUNCT
fbem-15617	181	24	risk	risk	NOUN
fbem-15617	181	25	management	management	NOUN
fbem-15617	181	26	,	,	PUNCT
fbem-15617	181	27	and	and	CCONJ
fbem-15617	181	28	emission	emission	NOUN
fbem-15617	181	29	compliance	compliance	NOUN
fbem-15617	181	30	enterprises	enterprise	NOUN
fbem-15617	181	31	.	.	PUNCT
fbem-15617	182	1	this	this	DET
fbem-15617	182	2	article	article	NOUN
fbem-15617	182	3	considers	consider	VERB
fbem-15617	182	4	the	the	DET
fbem-15617	182	5	spillover	spillover	NOUN
fbem-15617	182	6	effects	effect	NOUN
fbem-15617	182	7	between	between	ADP
fbem-15617	182	8	energy	energy	NOUN
fbem-15617	182	9	markets	market	NOUN
fbem-15617	182	10	and	and	CCONJ
fbem-15617	182	11	constructs	construct	VERB
fbem-15617	182	12	the	the	DET
fbem-15617	182	13	vs	vs	ADJ
fbem-15617	182	14	-	-	PUNCT
fbem-15617	182	15	garchmidas	garchmidas	ADJ
fbem-15617	182	16	model	model	NOUN
fbem-15617	182	17	based	base	VERB
fbem-15617	182	18	on	on	ADP
fbem-15617	182	19	the	the	DET
fbem-15617	182	20	garch	garch	NOUN
fbem-15617	182	21	-	-	PUNCT
fbem-15617	182	22	midas	midas	PROPN
fbem-15617	182	23	model	model	NOUN
fbem-15617	182	24	by	by	ADP
fbem-15617	182	25	introducing	introduce	VERB
fbem-15617	182	26	the	the	DET
fbem-15617	182	27	spillover	spillover	NOUN
fbem-15617	182	28	effects	effect	NOUN
fbem-15617	182	29	of	of	ADP
fbem-15617	182	30	brent	brent	PROPN
fbem-15617	182	31	crude	crude	PROPN
fbem-15617	182	32	oil	oil	NOUN
fbem-15617	182	33	futures	future	NOUN
fbem-15617	182	34	market	market	NOUN
fbem-15617	182	35	.	.	PUNCT
fbem-15617	183	1	this	this	DET
fbem-15617	183	2	model	model	NOUN
fbem-15617	183	3	not	not	PART
fbem-15617	183	4	only	only	ADV
fbem-15617	183	5	considers	consider	VERB
fbem-15617	183	6	spillover	spillover	VERB
fbem-15617	183	7	effects	effect	NOUN
fbem-15617	183	8	between	between	ADP
fbem-15617	183	9	markets	market	NOUN
fbem-15617	183	10	,	,	PUNCT
fbem-15617	183	11	but	but	CCONJ
fbem-15617	183	12	also	also	ADV
fbem-15617	183	13	applies	apply	VERB
fbem-15617	183	14	spillover	spillover	VERB
fbem-15617	183	15	effects	effect	NOUN
fbem-15617	183	16	to	to	PART
fbem-15617	183	17	accurately	accurately	ADV
fbem-15617	183	18	predict	predict	VERB
fbem-15617	183	19	the	the	DET
fbem-15617	183	20	volatility	volatility	NOUN
fbem-15617	183	21	of	of	ADP
fbem-15617	183	22	eua	eua	PROPN
fbem-15617	183	23	futures	futures	PROPN
fbem-15617	183	24	.	.	PUNCT
fbem-15617	184	1	the	the	DET
fbem-15617	184	2	empirical	empirical	ADJ
fbem-15617	184	3	results	result	NOUN
fbem-15617	184	4	indicate	indicate	VERB
fbem-15617	184	5	that	that	SCONJ
fbem-15617	184	6	:	:	PUNCT
fbem-15617	184	7	(	(	PUNCT
fbem-15617	184	8	1	1	X
fbem-15617	184	9	)	)	PUNCT
fbem-15617	184	10	the	the	DET
fbem-15617	184	11	coefficient	coefficient	NOUN
fbem-15617	184	12	reflecting	reflect	VERB
fbem-15617	184	13	the	the	DET
fbem-15617	184	14	monthly	monthly	ADJ
fbem-15617	184	15	realized	realize	VERB
fbem-15617	184	16	volatility	volatility	NOUN
fbem-15617	184	17	spillover	spillover	VERB
fbem-15617	184	18	effect	effect	NOUN
fbem-15617	184	19	of	of	ADP
fbem-15617	184	20	brent	brent	PROPN
fbem-15617	184	21	crude	crude	PROPN
fbem-15617	184	22	oil	oil	NOUN
fbem-15617	184	23	futures	future	NOUN
fbem-15617	184	24	is	be	AUX
fbem-15617	184	25	significant	significant	ADJ
fbem-15617	184	26	,	,	PUNCT
fbem-15617	184	27	and	and	CCONJ
fbem-15617	184	28	there	there	PRON
fbem-15617	184	29	is	be	VERB
fbem-15617	184	30	a	a	DET
fbem-15617	184	31	one	one	NUM
fbem-15617	184	32	-	-	PUNCT
fbem-15617	184	33	way	way	NOUN
fbem-15617	184	34	volatility	volatility	NOUN
fbem-15617	184	35	spillover	spillover	VERB
fbem-15617	184	36	effect	effect	NOUN
fbem-15617	184	37	on	on	ADP
fbem-15617	184	38	the	the	DET
fbem-15617	184	39	eua	eua	PROPN
fbem-15617	184	40	futures	future	NOUN
fbem-15617	184	41	market	market	NOUN
fbem-15617	184	42	;	;	PUNCT
fbem-15617	184	43	(	(	PUNCT
fbem-15617	184	44	2	2	X
fbem-15617	184	45	)	)	PUNCT
fbem-15617	184	46	compared	compare	VERB
fbem-15617	184	47	with	with	ADP
fbem-15617	184	48	the	the	DET
fbem-15617	184	49	single	single	ADJ
fbem-15617	184	50	factor	factor	NOUN
fbem-15617	184	51	garch	garch	NOUN
fbem-15617	184	52	-	-	PUNCT
fbem-15617	184	53	midas	midas	PROPN
fbem-15617	184	54	model	model	NOUN
fbem-15617	184	55	that	that	PRON
fbem-15617	184	56	only	only	ADV
fbem-15617	184	57	considers	consider	VERB
fbem-15617	184	58	the	the	DET
fbem-15617	184	59	monthly	monthly	ADJ
fbem-15617	184	60	realized	realize	VERB
fbem-15617	184	61	volatility	volatility	NOUN
fbem-15617	184	62	of	of	ADP
fbem-15617	184	63	eua	eua	PROPN
fbem-15617	184	64	futures	future	NOUN
fbem-15617	184	65	in	in	ADP
fbem-15617	184	66	the	the	DET
fbem-15617	184	67	long	long	ADJ
fbem-15617	184	68	-	-	PUNCT
fbem-15617	184	69	term	term	NOUN
fbem-15617	184	70	component	component	NOUN
fbem-15617	184	71	,	,	PUNCT
fbem-15617	184	72	the	the	DET
fbem-15617	184	73	dual	dual	ADJ
fbem-15617	184	74	factor	factor	NOUN
fbem-15617	184	75	garch	garch	NOUN
fbem-15617	184	76	-	-	PUNCT
fbem-15617	184	77	midas	midas	PROPN
fbem-15617	184	78	model	model	NOUN
fbem-15617	184	79	that	that	PRON
fbem-15617	184	80	introduces	introduce	NOUN
fbem-15617	184	81	spillover	spillover	VERB
fbem-15617	184	82	effects	effect	NOUN
fbem-15617	184	83	has	have	VERB
fbem-15617	184	84	better	well	ADJ
fbem-15617	184	85	intra	intra	ADJ
fbem-15617	184	86	sample	sample	NOUN
fbem-15617	184	87	fitting	fitting	ADJ
fbem-15617	184	88	effect	effect	NOUN
fbem-15617	184	89	and	and	CCONJ
fbem-15617	184	90	better	well	ADJ
fbem-15617	184	91	predictive	predictive	ADJ
fbem-15617	184	92	ability	ability	NOUN
fbem-15617	184	93	for	for	ADP
fbem-15617	184	94	short	short	ADJ
fbem-15617	184	95	-	-	PUNCT
fbem-15617	184	96	term	term	NOUN
fbem-15617	184	97	,	,	PUNCT
fbem-15617	184	98	mediumterm	mediumterm	NOUN
fbem-15617	184	99	,	,	PUNCT
fbem-15617	184	100	and	and	CCONJ
fbem-15617	184	101	long	long	ADJ
fbem-15617	184	102	-	-	PUNCT
fbem-15617	184	103	term	term	NOUN
fbem-15617	184	104	volatility	volatility	NOUN
fbem-15617	184	105	;	;	PUNCT
fbem-15617	184	106	(	(	PUNCT
fbem-15617	184	107	3	3	X
fbem-15617	184	108	)	)	PUNCT
fbem-15617	184	109	wti	wti	PROPN
fbem-15617	184	110	crude	crude	PROPN
fbem-15617	184	111	oil	oil	NOUN
fbem-15617	184	112	futures	future	NOUN
fbem-15617	184	113	have	have	AUX
fbem-15617	184	114	spillover	spillover	VERB
fbem-15617	184	115	effects	effect	NOUN
fbem-15617	184	116	on	on	ADP
fbem-15617	184	117	eua	eua	PROPN
fbem-15617	184	118	futures	future	NOUN
fbem-15617	184	119	,	,	PUNCT
fbem-15617	184	120	and	and	CCONJ
fbem-15617	184	121	the	the	DET
fbem-15617	184	122	mixed	mixed	ADJ
fbem-15617	184	123	frequency	frequency	NOUN
fbem-15617	184	124	garch	garch	NOUN
fbem-15617	184	125	model	model	NOUN
fbem-15617	184	126	considering	consider	VERB
fbem-15617	184	127	this	this	DET
fbem-15617	184	128	spillover	spillover	ADJ
fbem-15617	184	129	effect	effect	NOUN
fbem-15617	184	130	improves	improve	VERB
fbem-15617	184	131	the	the	DET
fbem-15617	184	132	prediction	prediction	NOUN
fbem-15617	184	133	accuracy	accuracy	NOUN
fbem-15617	184	134	of	of	ADP
fbem-15617	184	135	eua	eua	PROPN
fbem-15617	184	136	futures	future	NOUN
fbem-15617	184	137	volatility	volatility	NOUN
fbem-15617	184	138	.	.	PUNCT
fbem-15617	185	1	therefore	therefore	ADV
fbem-15617	185	2	,	,	PUNCT
fbem-15617	185	3	the	the	DET
fbem-15617	185	4	conclusion	conclusion	NOUN
fbem-15617	185	5	that	that	SCONJ
fbem-15617	185	6	introducing	introduce	VERB
fbem-15617	185	7	spillover	spillover	NOUN
fbem-15617	185	8	effects	effect	NOUN
fbem-15617	185	9	can	can	AUX
fbem-15617	185	10	improve	improve	VERB
fbem-15617	185	11	the	the	DET
fbem-15617	185	12	predictive	predictive	ADJ
fbem-15617	185	13	ability	ability	NOUN
fbem-15617	185	14	of	of	ADP
fbem-15617	185	15	the	the	DET
fbem-15617	185	16	model	model	NOUN
fbem-15617	185	17	for	for	ADP
fbem-15617	185	18	eua	eua	PROPN
fbem-15617	185	19	futures	future	NOUN
fbem-15617	185	20	volatility	volatility	NOUN
fbem-15617	185	21	is	be	AUX
fbem-15617	185	22	robust	robust	ADJ
fbem-15617	185	23	,	,	PUNCT
fbem-15617	185	24	as	as	SCONJ
fbem-15617	185	25	the	the	DET
fbem-15617	185	26	transmission	transmission	NOUN
fbem-15617	185	27	object	object	NOUN
fbem-15617	185	28	of	of	ADP
fbem-15617	185	29	spillover	spillover	NOUN
fbem-15617	185	30	effects	effect	NOUN
fbem-15617	185	31	does	do	AUX
fbem-15617	185	32	not	not	PART
fbem-15617	185	33	change	change	VERB
fbem-15617	185	34	.	.	PUNCT
fbem-15617	186	1	acknowledgment	acknowledgment	NOUN
fbem-15617	186	2	this	this	DET
fbem-15617	186	3	work	work	NOUN
fbem-15617	186	4	was	be	AUX
fbem-15617	186	5	supported	support	VERB
fbem-15617	186	6	in	in	ADP
fbem-15617	186	7	part	part	NOUN
fbem-15617	186	8	by	by	ADP
fbem-15617	186	9	a	a	DET
fbem-15617	186	10	grant	grant	NOUN
fbem-15617	186	11	from	from	ADP
fbem-15617	186	12	innovative	innovative	ADJ
fbem-15617	186	13	research	research	NOUN
fbem-15617	186	14	project	project	NOUN
fbem-15617	186	15	for	for	ADP
fbem-15617	186	16	graduates	graduate	NOUN
fbem-15617	186	17	of	of	ADP
fbem-15617	186	18	anhui	anhui	PROPN
fbem-15617	186	19	university	university	PROPN
fbem-15617	186	20	of	of	ADP
fbem-15617	186	21	finance	finance	NOUN
fbem-15617	186	22	and	and	CCONJ
fbem-15617	186	23	economics	economic	NOUN
fbem-15617	186	24	under	under	ADP
fbem-15617	186	25	grant	grant	NOUN
fbem-15617	186	26	no	no	NOUN
fbem-15617	186	27	.	.	PUNCT
fbem-15617	187	1	acyc2021260	acyc2021260	PROPN
fbem-15617	187	2	.	.	PUNCT
fbem-15617	188	1	references	reference	NOUN
fbem-15617	188	2	[	[	X
fbem-15617	188	3	1	1	NUM
fbem-15617	188	4	]	]	PUNCT
fbem-15617	188	5	byun	byun	NOUN
fbem-15617	188	6	s	s	PROPN
fbem-15617	188	7	j	j	PROPN
fbem-15617	188	8	,	,	PUNCT
fbem-15617	188	9	cho	cho	PROPN
fbem-15617	188	10	h.	h.	PROPN
fbem-15617	188	11	forecasting	forecasting	PROPN
fbem-15617	188	12	carbon	carbon	NOUN
fbem-15617	188	13	futures	future	NOUN
fbem-15617	188	14	volatility	volatility	NOUN
fbem-15617	188	15	using	use	VERB
fbem-15617	188	16	garch	garch	NOUN
fbem-15617	188	17	models	model	NOUN
fbem-15617	188	18	with	with	ADP
fbem-15617	188	19	energy	energy	NOUN
fbem-15617	188	20	volatilities[j	volatilities[j	PROPN
fbem-15617	188	21	]	]	PUNCT
fbem-15617	188	22	.	.	PUNCT
fbem-15617	189	1	energy	energy	NOUN
fbem-15617	189	2	economics	economic	NOUN
fbem-15617	189	3	,	,	PUNCT
fbem-15617	189	4	2013	2013	NUM
fbem-15617	189	5	,	,	PUNCT
fbem-15617	189	6	40(nov.):207	40(nov.):207	NOUN
fbem-15617	189	7	-	-	SYM
fbem-15617	189	8	221	221	NUM
fbem-15617	189	9	.	.	PUNCT
fbem-15617	190	1	[	[	X
fbem-15617	190	2	2	2	NUM
fbem-15617	190	3	]	]	SYM
fbem-15617	190	4	ghysels	ghysel	NOUN
fbem-15617	190	5	e	e	X
fbem-15617	190	6	,	,	PUNCT
fbem-15617	190	7	valkanov	valkanov	PROPN
fbem-15617	190	8	r.	r.	PROPN
fbem-15617	190	9	the	the	DET
fbem-15617	190	10	midas	midas	PROPN
fbem-15617	190	11	touch	touch	NOUN
fbem-15617	190	12	:	:	PUNCT
fbem-15617	190	13	mixed	mixed	ADJ
fbem-15617	190	14	data	datum	NOUN
fbem-15617	190	15	sampling	sample	VERB
fbem-15617	190	16	regression	regression	NOUN
fbem-15617	190	17	models[j	models[j	PROPN
fbem-15617	190	18	]	]	PUNCT
fbem-15617	190	19	.	.	PUNCT
fbem-15617	191	1	cirano	cirano	PROPN
fbem-15617	191	2	working	working	PROPN
fbem-15617	191	3	papers	paper	NOUN
fbem-15617	191	4	,	,	PUNCT
fbem-15617	191	5	2004	2004	NUM
fbem-15617	191	6	,	,	PUNCT
fbem-15617	191	7	5(1):512	5(1):512	NUM
fbem-15617	191	8	-	-	SYM
fbem-15617	191	9	517	517	NUM
fbem-15617	191	10	.	.	PUNCT
fbem-15617	192	1	[	[	X
fbem-15617	192	2	3	3	NUM
fbem-15617	192	3	]	]	X
fbem-15617	192	4	engle	engle	PROPN
fbem-15617	192	5	,	,	PUNCT
fbem-15617	192	6	robert	robert	PROPN
fbem-15617	192	7	,	,	PUNCT
fbem-15617	192	8	f	f	PROPN
fbem-15617	192	9	,	,	PUNCT
fbem-15617	192	10	et	et	PROPN
fbem-15617	192	11	al	al	PROPN
fbem-15617	192	12	.	.	PUNCT
fbem-15617	192	13	stock	stock	NOUN
fbem-15617	192	14	market	market	NOUN
fbem-15617	192	15	volatility	volatility	NOUN
fbem-15617	192	16	and	and	CCONJ
fbem-15617	192	17	macroeconomic	macroeconomic	ADJ
fbem-15617	192	18	fundamentals.[j	fundamentals.[j	PROPN
fbem-15617	192	19	]	]	PUNCT
fbem-15617	192	20	.	.	PUNCT
fbem-15617	193	1	review	review	NOUN
fbem-15617	193	2	of	of	ADP
fbem-15617	193	3	economics	economic	NOUN
fbem-15617	193	4	&	&	CCONJ
fbem-15617	193	5	statistics	statistic	NOUN
fbem-15617	193	6	,	,	PUNCT
fbem-15617	193	7	2013	2013	NUM
fbem-15617	193	8	.	.	PUNCT
fbem-15617	194	1	[	[	X
fbem-15617	194	2	4	4	X
fbem-15617	194	3	]	]	X
fbem-15617	194	4	lei	lei	PROPN
fbem-15617	194	5	likun	likun	PROPN
fbem-15617	194	6	,	,	PUNCT
fbem-15617	194	7	yu	yu	PROPN
fbem-15617	194	8	jiang	jiang	PROPN
fbem-15617	194	9	,	,	PUNCT
fbem-15617	194	10	wei	wei	PROPN
fbem-15617	194	11	yu	yu	PROPN
fbem-15617	194	12	,	,	PUNCT
fbem-15617	194	13	lai	lai	PROPN
fbem-15617	194	14	xiaodong	xiaodong	PROPN
fbem-15617	194	15	.	.	PUNCT
fbem-15617	195	1	research	research	NOUN
fbem-15617	195	2	on	on	ADP
fbem-15617	195	3	economic	economic	ADJ
fbem-15617	195	4	policy	policy	NOUN
fbem-15617	195	5	uncertainty	uncertainty	NOUN
fbem-15617	195	6	and	and	CCONJ
fbem-15617	195	7	prediction	prediction	NOUN
fbem-15617	195	8	of	of	ADP
fbem-15617	195	9	stock	stock	NOUN
fbem-15617	195	10	market	market	NOUN
fbem-15617	195	11	volatility	volatility	NOUN
fbem-15617	195	12	in	in	ADP
fbem-15617	195	13	china	china	PROPN
fbem-15617	196	1	[	[	X
fbem-15617	196	2	j	j	X
fbem-15617	196	3	]	]	X
fbem-15617	196	4	.	.	PUNCT
fbem-15617	197	1	journal	journal	PROPN
fbem-15617	197	2	of	of	ADP
fbem-15617	197	3	management	management	NOUN
fbem-15617	197	4	science	science	NOUN
fbem-15617	197	5	,	,	PUNCT
fbem-15617	197	6	2018,21	2018,21	NUM
fbem-15617	197	7	(	(	PUNCT
fbem-15617	197	8	06	06	NUM
fbem-15617	197	9	):	):	PUNCT
fbem-15617	197	10	88	88	NUM
fbem-15617	197	11	-	-	SYM
fbem-15617	197	12	98	98	NUM
fbem-15617	197	13	.	.	PUNCT
fbem-15617	198	1	[	[	X
fbem-15617	198	2	5	5	X
fbem-15617	198	3	]	]	X
fbem-15617	198	4	liang	liang	PROPN
fbem-15617	198	5	chao	chao	PROPN
fbem-15617	198	6	,	,	PUNCT
fbem-15617	198	7	wei	wei	PROPN
fbem-15617	198	8	yu	yu	PROPN
fbem-15617	198	9	,	,	PUNCT
fbem-15617	198	10	ma	ma	PROPN
fbem-15617	198	11	feng	feng	PROPN
fbem-15617	198	12	,	,	PUNCT
fbem-15617	198	13	li	li	PROPN
fbem-15617	198	14	wei	wei	PROPN
fbem-15617	198	15	.	.	PUNCT
fbem-15617	199	1	research	research	NOUN
fbem-15617	199	2	on	on	ADP
fbem-15617	199	3	the	the	DET
fbem-15617	199	4	impact	impact	NOUN
fbem-15617	199	5	of	of	ADP
fbem-15617	199	6	investor	investor	NOUN
fbem-15617	199	7	attention	attention	NOUN
fbem-15617	199	8	on	on	ADP
fbem-15617	199	9	the	the	DET
fbem-15617	199	10	volatility	volatility	NOUN
fbem-15617	199	11	of	of	ADP
fbem-15617	199	12	chinese	chinese	ADJ
fbem-15617	199	13	gold	gold	NOUN
fbem-15617	199	14	prices	price	NOUN
fbem-15617	199	15	[	[	X
fbem-15617	199	16	j	j	X
fbem-15617	199	17	]	]	X
fbem-15617	199	18	.	.	PUNCT
fbem-15617	200	1	systems	system	NOUN
fbem-15617	200	2	engineering	engineering	NOUN
fbem-15617	200	3	theory	theory	NOUN
fbem-15617	200	4	and	and	CCONJ
fbem-15617	200	5	practice	practice	NOUN
fbem-15617	200	6	,	,	PUNCT
fbem-15617	200	7	2022	2022	NUM
fbem-15617	200	8	,	,	PUNCT
fbem-15617	200	9	42	42	NUM
fbem-15617	200	10	(	(	PUNCT
fbem-15617	200	11	02	02	NUM
fbem-15617	200	12	):	):	PUNCT
fbem-15617	200	13	320	320	NUM
fbem-15617	200	14	-	-	SYM
fbem-15617	200	15	332	332	NUM
fbem-15617	200	16	.	.	PUNCT
fbem-15617	201	1	[	[	X
fbem-15617	201	2	6	6	NUM
fbem-15617	201	3	]	]	PUNCT
fbem-15617	201	4	zhang	zhang	PROPN
fbem-15617	201	5	yifeng	yifeng	PROPN
fbem-15617	201	6	,	,	PUNCT
fbem-15617	201	7	lei	lei	PROPN
fbem-15617	201	8	likun	likun	PROPN
fbem-15617	201	9	,	,	PUNCT
fbem-15617	201	10	wei	wei	PROPN
fbem-15617	201	11	yu	yu	PROPN
fbem-15617	201	12	.	.	PUNCT
fbem-15617	202	1	a	a	DET
fbem-15617	202	2	new	new	ADJ
fbem-15617	202	3	measurement	measurement	NOUN
fbem-15617	202	4	index	index	NOUN
fbem-15617	202	5	of	of	ADP
fbem-15617	202	6	herd	herd	ADJ
fbem-15617	202	7	effect	effect	NOUN
fbem-15617	202	8	and	and	CCONJ
fbem-15617	202	9	its	its	PRON
fbem-15617	202	10	predictive	predictive	ADJ
fbem-15617	202	11	effect	effect	NOUN
fbem-15617	202	12	on	on	ADP
fbem-15617	202	13	stock	stock	NOUN
fbem-15617	202	14	market	market	NOUN
fbem-15617	202	15	volatility	volatility	NOUN
fbem-15617	202	16	in	in	ADP
fbem-15617	202	17	china	china	PROPN
fbem-15617	203	1	[	[	X
fbem-15617	203	2	j	j	X
fbem-15617	203	3	]	]	X
fbem-15617	203	4	.	.	PUNCT
fbem-15617	204	1	systems	system	NOUN
fbem-15617	204	2	engineering	engineering	NOUN
fbem-15617	204	3	theory	theory	NOUN
fbem-15617	204	4	and	and	CCONJ
fbem-15617	204	5	practice	practice	NOUN
fbem-15617	204	6	,	,	PUNCT
fbem-15617	204	7	2020,40	2020,40	NUM
fbem-15617	204	8	(	(	PUNCT
fbem-15617	204	9	11	11	NUM
fbem-15617	204	10	):	):	PUNCT
fbem-15617	204	11	2810	2810	NUM
fbem-15617	204	12	-	-	SYM
fbem-15617	204	13	2824	2824	NUM
fbem-15617	204	14	.	.	PUNCT
fbem-15617	205	1	[	[	X
fbem-15617	205	2	7	7	X
fbem-15617	205	3	]	]	X
fbem-15617	205	4	liu	liu	PROPN
fbem-15617	205	5	j	j	PROPN
fbem-15617	205	6	,	,	PUNCT
fbem-15617	205	7	zhang	zhang	PROPN
fbem-15617	205	8	z	z	PROPN
fbem-15617	205	9	,	,	PUNCT
fbem-15617	205	10	yan	yan	PROPN
fbem-15617	205	11	l	l	PROPN
fbem-15617	205	12	,	,	PUNCT
fbem-15617	205	13	et	et	PROPN
fbem-15617	205	14	al	al	PROPN
fbem-15617	205	15	.	.	PUNCT
fbem-15617	205	16	forecasting	forecast	VERB
fbem-15617	205	17	the	the	DET
fbem-15617	205	18	volatility	volatility	NOUN
fbem-15617	205	19	of	of	ADP
fbem-15617	205	20	eua	eua	PROPN
fbem-15617	205	21	futures	future	NOUN
fbem-15617	205	22	with	with	ADP
fbem-15617	205	23	economic	economic	ADJ
fbem-15617	205	24	policy	policy	NOUN
fbem-15617	205	25	uncertainty	uncertainty	NOUN
fbem-15617	205	26	using	use	VERB
fbem-15617	205	27	the	the	DET
fbem-15617	205	28	garchmidas	garchmidas	ADJ
fbem-15617	205	29	model[j	model[j	PROPN
fbem-15617	205	30	]	]	X
fbem-15617	205	31	.	.	PUNCT
fbem-15617	206	1	financial	financial	ADJ
fbem-15617	206	2	innovation	innovation	NOUN
fbem-15617	206	3	,	,	PUNCT
fbem-15617	206	4	2021	2021	NUM
fbem-15617	206	5	,	,	PUNCT
fbem-15617	206	6	7(1):19	7(1):19	NUM
fbem-15617	206	7	.	.	PUNCT
fbem-15617	207	1	[	[	X
fbem-15617	207	2	8	8	NUM
fbem-15617	207	3	]	]	PUNCT
fbem-15617	207	4	xu	xu	NOUN
fbem-15617	207	5	g	g	PROPN
fbem-15617	207	6	,	,	PUNCT
fbem-15617	207	7	rong	rong	PROPN
fbem-15617	207	8	s	s	AUX
fbem-15617	207	9	a	a	PRON
fbem-15617	207	10	,	,	PUNCT
fbem-15617	207	11	jx	jx	PROPN
fbem-15617	207	12	a	a	PROPN
fbem-15617	207	13	,	,	PUNCT
fbem-15617	207	14	et	et	PROPN
fbem-15617	207	15	al	al	PROPN
fbem-15617	207	16	.	.	PUNCT
fbem-15617	207	17	analyzing	analyze	VERB
fbem-15617	207	18	spillover	spillover	NOUN
fbem-15617	207	19	effects	effect	NOUN
fbem-15617	207	20	between	between	ADP
fbem-15617	207	21	carbon	carbon	NOUN
fbem-15617	207	22	and	and	CCONJ
fbem-15617	207	23	fossil	fossil	NOUN
fbem-15617	207	24	energy	energy	NOUN
fbem-15617	207	25	markets	market	NOUN
fbem-15617	207	26	from	from	ADP
fbem-15617	207	27	a	a	DET
fbem-15617	207	28	time	time	NOUN
fbem-15617	207	29	-	-	PUNCT
fbem-15617	207	30	varying	vary	VERB
fbem-15617	207	31	perspective	perspective	NOUN
fbem-15617	207	32	sciencedirect[j	sciencedirect[j	NOUN
fbem-15617	207	33	]	]	PUNCT
fbem-15617	207	34	.	.	PUNCT
fbem-15617	208	1	applied	apply	VERB
fbem-15617	208	2	energy	energy	NOUN
fbem-15617	208	3	,	,	PUNCT
fbem-15617	208	4	285	285	NUM
fbem-15617	208	5	.	.	PUNCT
fbem-15617	209	1	[	[	X
fbem-15617	209	2	9	9	NUM
fbem-15617	209	3	]	]	X
fbem-15617	209	4	atukeren	atukeren	PROPN
fbem-15617	209	5	e	e	NOUN
fbem-15617	209	6	,	,	PUNCT
fbem-15617	209	7	evik	evik	PROPN
fbem-15617	209	8	e	e	NOUN
fbem-15617	209	9	s	s	PROPN
fbem-15617	209	10	,	,	PUNCT
fbem-15617	209	11	korkmaz	korkmaz	NOUN
fbem-15617	209	12	t.	t.	NOUN
fbem-15617	209	13	volatility	volatility	NOUN
fbem-15617	209	14	spillovers	spillover	NOUN
fbem-15617	209	15	between	between	ADP
fbem-15617	209	16	wti	wti	PROPN
fbem-15617	209	17	and	and	CCONJ
fbem-15617	209	18	brent	brent	PROPN
fbem-15617	209	19	spot	spot	PROPN
fbem-15617	209	20	crude	crude	ADJ
fbem-15617	209	21	oil	oil	NOUN
fbem-15617	209	22	prices	price	NOUN
fbem-15617	209	23	:	:	PUNCT
fbem-15617	209	24	an	an	DET
fbem-15617	209	25	analysis	analysis	NOUN
fbem-15617	209	26	of	of	ADP
fbem-15617	209	27	granger	granger	PROPN
fbem-15617	209	28	causality	causality	PROPN
fbem-15617	209	29	in	in	ADP
fbem-15617	209	30	variance	variance	NOUN
fbem-15617	209	31	patterns	pattern	NOUN
fbem-15617	209	32	over	over	ADP
fbem-15617	209	33	time[j	time[j	PROPN
fbem-15617	209	34	]	]	PUNCT
fbem-15617	209	35	.	.	PUNCT
fbem-15617	210	1	research	research	NOUN
fbem-15617	210	2	in	in	ADP
fbem-15617	210	3	international	international	ADJ
fbem-15617	210	4	business	business	NOUN
fbem-15617	210	5	and	and	CCONJ
fbem-15617	210	6	finance	finance	NOUN
fbem-15617	210	7	,	,	PUNCT
fbem-15617	210	8	2021:101385	2021:101385	NUM
fbem-15617	210	9	.	.	PUNCT
fbem-15617	211	1	[	[	X
fbem-15617	211	2	10	10	NUM
fbem-15617	211	3	]	]	X
fbem-15617	211	4	liu	liu	PROPN
fbem-15617	211	5	t	t	PROPN
fbem-15617	211	6	,	,	PUNCT
fbem-15617	211	7	gong	gong	PROPN
fbem-15617	211	8	x.	x.	NOUN
fbem-15617	211	9	analyzing	analyze	VERB
fbem-15617	211	10	time	time	NOUN
fbem-15617	211	11	-	-	PUNCT
fbem-15617	211	12	varying	vary	VERB
fbem-15617	211	13	volatility	volatility	NOUN
fbem-15617	211	14	spillovers	spillover	NOUN
fbem-15617	211	15	between	between	ADP
fbem-15617	211	16	the	the	DET
fbem-15617	211	17	crude	crude	ADJ
fbem-15617	211	18	oil	oil	NOUN
fbem-15617	211	19	markets	market	NOUN
fbem-15617	211	20	using	use	VERB
fbem-15617	211	21	a	a	DET
fbem-15617	211	22	new	new	ADJ
fbem-15617	211	23	method[j	method[j	NOUN
fbem-15617	211	24	]	]	PUNCT
fbem-15617	211	25	.	.	PUNCT
fbem-15617	212	1	energy	energy	NOUN
fbem-15617	212	2	economics	economic	NOUN
fbem-15617	212	3	,	,	PUNCT
fbem-15617	212	4	2020	2020	NUM
fbem-15617	212	5	,	,	PUNCT
fbem-15617	212	6	87	87	NUM
fbem-15617	212	7	.	.	PUNCT
fbem-15617	213	1	[	[	X
fbem-15617	213	2	11	11	NUM
fbem-15617	213	3	]	]	PUNCT
fbem-15617	213	4	dhamija	dhamija	VERB
fbem-15617	213	5	a	a	DET
fbem-15617	213	6	k	k	NOUN
fbem-15617	213	7	,	,	PUNCT
fbem-15617	213	8	yadav	yadav	PROPN
fbem-15617	213	9	s	s	PROPN
fbem-15617	213	10	s	s	PROPN
fbem-15617	213	11	,	,	PUNCT
fbem-15617	213	12	jain	jain	PROPN
fbem-15617	213	13	p	p	PROPN
fbem-15617	213	14	k.	k.	PROPN
fbem-15617	213	15	volatility	volatility	PROPN
fbem-15617	213	16	spillover	spillover	NOUN
fbem-15617	213	17	of	of	ADP
fbem-15617	213	18	energy	energy	NOUN
fbem-15617	213	19	markets	market	NOUN
fbem-15617	213	20	into	into	ADP
fbem-15617	213	21	eua	eua	PROPN
fbem-15617	213	22	markets	market	NOUN
fbem-15617	213	23	under	under	ADP
fbem-15617	213	24	eu	eu	PROPN
fbem-15617	213	25	ets	et	NOUN
fbem-15617	213	26	:	:	PUNCT
fbem-15617	213	27	a	a	DET
fbem-15617	213	28	multiphase	multiphase	NOUN
fbem-15617	213	29	study[j	study[j	NOUN
fbem-15617	213	30	]	]	PUNCT
fbem-15617	213	31	.	.	PUNCT
fbem-15617	214	1	environmental	environmental	ADJ
fbem-15617	214	2	economics	economics	PROPN
fbem-15617	214	3	&	&	CCONJ
fbem-15617	214	4	policy	policy	NOUN
fbem-15617	214	5	studies	study	NOUN
fbem-15617	214	6	,	,	PUNCT
fbem-15617	214	7	2018	2018	NUM
fbem-15617	214	8	,	,	PUNCT
fbem-15617	214	9	20(3):561	20(3):561	NUM
fbem-15617	214	10	-	-	SYM
fbem-15617	214	11	591	591	NUM
fbem-15617	214	12	.	.	PUNCT
fbem-15617	215	1	[	[	X
fbem-15617	215	2	12	12	NUM
fbem-15617	215	3	]	]	X
fbem-15617	215	4	wu	wu	PROPN
fbem-15617	215	5	xinyu	xinyu	PROPN
fbem-15617	215	6	,	,	PUNCT
fbem-15617	215	7	han	han	PROPN
fbem-15617	215	8	yang	yang	PROPN
fbem-15617	215	9	,	,	PUNCT
fbem-15617	215	10	ma	ma	PROPN
fbem-15617	215	11	chaoqun	chaoqun	PROPN
fbem-15617	215	12	.	.	PUNCT
fbem-15617	216	1	research	research	NOUN
fbem-15617	216	2	on	on	ADP
fbem-15617	216	3	stock	stock	NOUN
fbem-15617	216	4	market	market	NOUN
fbem-15617	216	5	volatility	volatility	NOUN
fbem-15617	216	6	prediction	prediction	NOUN
fbem-15617	216	7	based	base	VERB
fbem-15617	216	8	on	on	ADP
fbem-15617	216	9	mixed	mixed	ADJ
fbem-15617	216	10	frequency	frequency	NOUN
fbem-15617	216	11	conditional	conditional	ADJ
fbem-15617	216	12	autoregressive	autoregressive	ADJ
fbem-15617	216	13	range	range	NOUN
fbem-15617	216	14	model	model	NOUN
fbem-15617	216	15	with	with	ADP
fbem-15617	216	16	hidden	hide	VERB
fbem-15617	216	17	volatility	volatility	NOUN
fbem-15617	216	18	[	[	X
fbem-15617	216	19	j	j	X
fbem-15617	216	20	/	/	SYM
fbem-15617	216	21	ol	ol	PROPN
fbem-15617	216	22	]	]	PUNCT
fbem-15617	216	23	.	.	PUNCT
fbem-15617	217	1	mathematical	mathematical	ADJ
fbem-15617	217	2	statistics	statistic	NOUN
fbem-15617	217	3	and	and	CCONJ
fbem-15617	217	4	management	management	NOUN
fbem-15617	217	5	:	:	PUNCT
fbem-15617	217	6	1	1	NUM
fbem-15617	217	7	-	-	SYM
fbem-15617	217	8	18	18	NUM
fbem-15617	217	9	.	.	PUNCT
fbem-15617	218	1	[	[	X
fbem-15617	218	2	13	13	NUM
fbem-15617	218	3	]	]	X
fbem-15617	218	4	guo	guo	PROPN
fbem-15617	218	5	baocai	baocai	PROPN
fbem-15617	218	6	,	,	PUNCT
fbem-15617	218	7	xiang	xiang	PROPN
fbem-15617	218	8	lin	lin	PROPN
fbem-15617	218	9	.	.	PUNCT
fbem-15617	219	1	volatility	volatility	NOUN
fbem-15617	219	2	prediction	prediction	NOUN
fbem-15617	219	3	and	and	CCONJ
fbem-15617	219	4	risk	risk	NOUN
fbem-15617	219	5	measurement	measurement	NOUN
fbem-15617	219	6	of	of	ADP
fbem-15617	219	7	egarch	egarch	NOUN
fbem-15617	219	8	model	model	NOUN
fbem-15617	219	9	based	base	VERB
fbem-15617	219	10	on	on	ADP
fbem-15617	219	11	skip	skip	ADJ
fbem-15617	219	12	and	and	CCONJ
fbem-15617	219	13	good	good	ADJ
fbem-15617	219	14	/	/	SYM
fbem-15617	219	15	bad	bad	ADJ
fbem-15617	219	16	volatility	volatility	NOUN
fbem-15617	219	17	mixing	mix	VERB
fbem-15617	219	18	[	[	X
fbem-15617	219	19	j	j	X
fbem-15617	219	20	/	/	SYM
fbem-15617	219	21	ol	ol	PROPN
fbem-15617	219	22	]	]	PUNCT
fbem-15617	219	23	.	.	PUNCT
fbem-15617	220	1	business	business	NOUN
fbem-15617	220	2	economics	economic	NOUN
fbem-15617	220	3	and	and	CCONJ
fbem-15617	220	4	management	management	NOUN
fbem-15617	220	5	:	:	PUNCT
fbem-15617	220	6	1	1	NUM
fbem-15617	220	7	-	-	SYM
fbem-15617	220	8	19	19	NUM
fbem-15617	220	9	.	.	NOUN
fbem-15617	220	10	278	278	NUM
fbem-15617	221	1	[	[	X
fbem-15617	221	2	14	14	NUM
fbem-15617	221	3	]	]	X
fbem-15617	221	4	liu	liu	PROPN
fbem-15617	221	5	yi	yi	PROPN
fbem-15617	221	6	,	,	PUNCT
fbem-15617	221	7	qu	qu	PROPN
fbem-15617	221	8	jianwen	jianwen	NOUN
fbem-15617	221	9	,	,	PUNCT
fbem-15617	221	10	dong	dong	PROPN
fbem-15617	221	11	xugao	xugao	PROPN
fbem-15617	221	12	,	,	PUNCT
fbem-15617	221	13	zhang	zhang	PROPN
fbem-15617	221	14	lei	lei	PROPN
fbem-15617	221	15	.	.	PROPN
fbem-15617	221	16	research	research	NOUN
fbem-15617	221	17	on	on	ADP
fbem-15617	221	18	predicting	predict	VERB
fbem-15617	221	19	financial	financial	ADJ
fbem-15617	221	20	asset	asset	NOUN
fbem-15617	221	21	volatility	volatility	NOUN
fbem-15617	221	22	based	base	VERB
fbem-15617	221	23	on	on	ADP
fbem-15617	221	24	symbolic	symbolic	ADJ
fbem-15617	221	25	price	price	NOUN
fbem-15617	221	26	range	range	NOUN
fbem-15617	222	1	[	[	X
fbem-15617	222	2	j	j	X
fbem-15617	222	3	]	]	X
fbem-15617	222	4	.	.	PUNCT
fbem-15617	223	1	systems	system	NOUN
fbem-15617	223	2	engineering	engineering	NOUN
fbem-15617	223	3	theory	theory	NOUN
fbem-15617	223	4	and	and	CCONJ
fbem-15617	223	5	practice	practice	NOUN
fbem-15617	223	6	,	,	PUNCT
fbem-15617	223	7	2021	2021	NUM
fbem-15617	223	8	,	,	PUNCT
fbem-15617	223	9	41	41	NUM
fbem-15617	223	10	(	(	PUNCT
fbem-15617	223	11	09	09	NUM
fbem-15617	223	12	):	):	PUNCT
fbem-15617	223	13	2256	2256	NUM
fbem-15617	223	14	-	-	SYM
fbem-15617	223	15	2270	2270	NUM
fbem-15617	223	16	.	.	PUNCT
fbem-15617	224	1	[	[	X
fbem-15617	224	2	15	15	NUM
fbem-15617	224	3	]	]	X
fbem-15617	224	4	shi	shi	PROPN
fbem-15617	224	5	huiting	huiting	NOUN
fbem-15617	224	6	,	,	PUNCT
fbem-15617	224	7	chai	chai	NOUN
fbem-15617	224	8	jian	jian	PROPN
fbem-15617	224	9	,	,	PUNCT
fbem-15617	224	10	lu	lu	PROPN
fbem-15617	224	11	quanying	quanye	VERB
fbem-15617	224	12	,	,	PUNCT
fbem-15617	224	13	wang	wang	PROPN
fbem-15617	224	14	shouyang	shouyang	PROPN
fbem-15617	224	15	.	.	PUNCT
fbem-15617	225	1	analysis	analysis	NOUN
fbem-15617	225	2	of	of	ADP
fbem-15617	225	3	the	the	DET
fbem-15617	225	4	fluctuation	fluctuation	NOUN
fbem-15617	225	5	mechanism	mechanism	NOUN
fbem-15617	225	6	and	and	CCONJ
fbem-15617	225	7	volatility	volatility	NOUN
fbem-15617	225	8	prediction	prediction	NOUN
fbem-15617	225	9	of	of	ADP
fbem-15617	225	10	north	north	ADJ
fbem-15617	225	11	american	american	ADJ
fbem-15617	225	12	natural	natural	ADJ
fbem-15617	225	13	gas	gas	NOUN
fbem-15617	225	14	spot	spot	NOUN
fbem-15617	225	15	prices	price	NOUN
fbem-15617	225	16	[	[	X
fbem-15617	225	17	j	j	X
fbem-15617	225	18	]	]	X
fbem-15617	225	19	.	.	PUNCT
fbem-15617	226	1	systems	system	NOUN
fbem-15617	226	2	engineering	engineering	NOUN
fbem-15617	226	3	theory	theory	NOUN
fbem-15617	226	4	and	and	CCONJ
fbem-15617	226	5	practice	practice	NOUN
fbem-15617	226	6	,	,	PUNCT
fbem-15617	226	7	2021	2021	NUM
fbem-15617	226	8	,	,	PUNCT
fbem-15617	226	9	41	41	NUM
fbem-15617	226	10	(	(	PUNCT
fbem-15617	226	11	12	12	NUM
fbem-15617	226	12	):	):	PUNCT
fbem-15617	226	13	3366	3366	NUM
fbem-15617	226	14	-	-	SYM
fbem-15617	226	15	3377	3377	NUM
fbem-15617	226	16	.	.	PUNCT
fbem-15617	227	1	[	[	X
fbem-15617	227	2	16	16	NUM
fbem-15617	227	3	]	]	X
fbem-15617	227	4	wu	wu	PROPN
fbem-15617	227	5	xinyu	xinyu	PROPN
fbem-15617	227	6	,	,	PUNCT
fbem-15617	227	7	hou	hou	PROPN
fbem-15617	227	8	xinmeng	xinmeng	PROPN
fbem-15617	227	9	.	.	PUNCT
fbem-15617	228	1	research	research	NOUN
fbem-15617	228	2	on	on	ADP
fbem-15617	228	3	volatility	volatility	NOUN
fbem-15617	228	4	prediction	prediction	NOUN
fbem-15617	228	5	based	base	VERB
fbem-15617	228	6	on	on	ADP
fbem-15617	228	7	dual	dual	ADJ
fbem-15617	228	8	factor	factor	NOUN
fbem-15617	228	9	garch	garch	NOUN
fbem-15617	228	10	model	model	NOUN
fbem-15617	229	1	[	[	X
fbem-15617	229	2	j	j	X
fbem-15617	229	3	]	]	X
fbem-15617	229	4	.	.	PUNCT
fbem-15617	230	1	operations	operation	NOUN
fbem-15617	230	2	research	research	NOUN
fbem-15617	230	3	and	and	CCONJ
fbem-15617	230	4	management	management	NOUN
fbem-15617	230	5	,	,	PUNCT
fbem-15617	230	6	2020,29	2020,29	NUM
fbem-15617	230	7	(	(	PUNCT
fbem-15617	230	8	12	12	NUM
fbem-15617	230	9	):	):	PUNCT
fbem-15617	230	10	207	207	NUM
fbem-15617	230	11	-	-	SYM
fbem-15617	230	12	2014	2014	NUM
fbem-15617	230	13	.	.	PUNCT
fbem-15617	231	1	[	[	X
fbem-15617	231	2	17	17	NUM
fbem-15617	231	3	]	]	X
fbem-15617	231	4	cheng	cheng	PROPN
fbem-15617	231	5	xitong	xitong	PROPN
fbem-15617	231	6	expansion	expansion	NOUN
fbem-15617	231	7	and	and	CCONJ
fbem-15617	231	8	prediction	prediction	NOUN
fbem-15617	231	9	research	research	NOUN
fbem-15617	231	10	of	of	ADP
fbem-15617	231	11	garch	garch	NOUN
fbem-15617	231	12	model	model	NOUN
fbem-15617	231	13	based	base	VERB
fbem-15617	231	14	on	on	ADP
fbem-15617	231	15	realized	realize	VERB
fbem-15617	231	16	negative	negative	ADJ
fbem-15617	231	17	semi	semi	ADJ
fbem-15617	231	18	variance	variance	NOUN
fbem-15617	231	19	[	[	X
fbem-15617	231	20	d	d	X
fbem-15617	231	21	]	]	X
fbem-15617	231	22	.	.	PUNCT
fbem-15617	232	1	southwest	southwest	PROPN
fbem-15617	232	2	university	university	PROPN
fbem-15617	232	3	of	of	ADP
fbem-15617	232	4	finance	finance	NOUN
fbem-15617	232	5	and	and	CCONJ
fbem-15617	232	6	economics	economic	NOUN
fbem-15617	232	7	,	,	PUNCT
fbem-15617	232	8	2020	2020	NUM
fbem-15617	232	9	.	.	PUNCT
fbem-15617	233	1	doi	doi	NOUN
fbem-15617	233	2	:	:	PUNCT
fbem-15617	233	3	10.27412	10.27412	NUM
fbem-15617	233	4	/	/	SYM
fbem-15617	233	5	dcnki.gxncu.2020.001751	dcnki.gxncu.2020.001751	NOUN
fbem-15617	233	6	.	.	PUNCT
fbem-15617	234	1	[	[	X
fbem-15617	234	2	18	18	NUM
fbem-15617	234	3	]	]	X
fbem-15617	234	4	cai	cai	PROPN
fbem-15617	234	5	guanghui	guanghui	PROPN
fbem-15617	234	6	,	,	PUNCT
fbem-15617	234	7	ying	ying	PROPN
fbem-15617	234	8	xuehai	xuehai	PROPN
fbem-15617	234	9	.	.	PUNCT
fbem-15617	235	1	high	high	ADJ
fbem-15617	235	2	frequency	frequency	NOUN
fbem-15617	235	3	volatility	volatility	NOUN
fbem-15617	235	4	model	model	NOUN
fbem-15617	235	5	prediction	prediction	NOUN
fbem-15617	235	6	based	base	VERB
fbem-15617	235	7	on	on	ADP
fbem-15617	235	8	jump	jump	NOUN
fbem-15617	235	9	,	,	PUNCT
fbem-15617	235	10	good	good	ADJ
fbem-15617	235	11	and	and	CCONJ
fbem-15617	235	12	bad	bad	ADJ
fbem-15617	235	13	volatility	volatility	NOUN
fbem-15617	235	14	,	,	PUNCT
fbem-15617	235	15	and	and	CCONJ
fbem-15617	235	16	markov	markov	NOUN
fbem-15617	235	17	state	state	NOUN
fbem-15617	235	18	transition	transition	NOUN
fbem-15617	236	1	[	[	X
fbem-15617	236	2	j	j	X
fbem-15617	236	3	]	]	X
fbem-15617	236	4	.	.	PUNCT
fbem-15617	237	1	systems	system	NOUN
fbem-15617	237	2	science	science	NOUN
fbem-15617	237	3	and	and	CCONJ
fbem-15617	237	4	mathematics	mathematic	NOUN
fbem-15617	237	5	,	,	PUNCT
fbem-15617	237	6	2020,40	2020,40	NUM
fbem-15617	237	7	(	(	PUNCT
fbem-15617	237	8	03	03	NUM
fbem-15617	237	9	):	):	PUNCT
fbem-15617	237	10	521	521	NUM
fbem-15617	237	11	-	-	SYM
fbem-15617	237	12	546	546	NUM
fbem-15617	237	13	.	.	PUNCT
fbem-15617	238	1	[	[	X
fbem-15617	238	2	19	19	NUM
fbem-15617	238	3	]	]	X
fbem-15617	238	4	zhang	zhang	PROPN
fbem-15617	238	5	tonghui	tonghui	PROPN
fbem-15617	238	6	,	,	PUNCT
fbem-15617	238	7	yuan	yuan	PROPN
fbem-15617	238	8	ying	ying	PROPN
fbem-15617	238	9	,	,	PUNCT
fbem-15617	238	10	zeng	zeng	PROPN
fbem-15617	238	11	wen	wen	PROPN
fbem-15617	238	12	.	.	PUNCT
fbem-15617	239	1	can	can	AUX
fbem-15617	239	2	investor	investor	VERB
fbem-15617	239	3	attention	attention	NOUN
fbem-15617	239	4	improve	improve	VERB
fbem-15617	239	5	the	the	DET
fbem-15617	239	6	accuracy	accuracy	NOUN
fbem-15617	239	7	of	of	ADP
fbem-15617	239	8	market	market	NOUN
fbem-15617	239	9	volatility	volatility	NOUN
fbem-15617	239	10	prediction	prediction	NOUN
fbem-15617	239	11	—	—	PUNCT
fbem-15617	239	12	—	—	PUNCT
fbem-15617	239	13	empirical	empirical	ADJ
fbem-15617	239	14	research	research	NOUN
fbem-15617	239	15	based	base	VERB
fbem-15617	239	16	on	on	ADP
fbem-15617	239	17	high	high	ADJ
fbem-15617	239	18	-	-	PUNCT
fbem-15617	239	19	frequency	frequency	NOUN
fbem-15617	239	20	data	datum	NOUN
fbem-15617	239	21	from	from	ADP
fbem-15617	239	22	the	the	DET
fbem-15617	239	23	chinese	chinese	ADJ
fbem-15617	239	24	stock	stock	NOUN
fbem-15617	239	25	market	market	NOUN
fbem-15617	240	1	[	[	X
fbem-15617	240	2	j	j	X
fbem-15617	240	3	]	]	X
fbem-15617	240	4	.	.	PUNCT
fbem-15617	241	1	chinese	chinese	ADJ
fbem-15617	241	2	management	management	NOUN
fbem-15617	241	3	science	science	NOUN
fbem-15617	241	4	,	,	PUNCT
fbem-15617	241	5	2020,28	2020,28	NUM
fbem-15617	241	6	(	(	PUNCT
fbem-15617	241	7	11	11	NUM
fbem-15617	241	8	):	):	PUNCT
fbem-15617	241	9	192	192	NUM
fbem-15617	241	10	-	-	SYM
fbem-15617	241	11	205	205	NUM
fbem-15617	241	12	.	.	PUNCT
fbem-15617	242	1	[	[	X
fbem-15617	242	2	20	20	NUM
fbem-15617	242	3	]	]	PUNCT
fbem-15617	242	4	li	li	PROPN
fbem-15617	242	5	junru	junru	PROPN
fbem-15617	242	6	,	,	PUNCT
fbem-15617	242	7	wang	wang	PROPN
fbem-15617	242	8	shouyang	shouyang	PROPN
fbem-15617	242	9	,	,	PUNCT
fbem-15617	242	10	wei	wei	PROPN
fbem-15617	242	11	yunjie	yunjie	PROPN
fbem-15617	242	12	.	.	PUNCT
fbem-15617	243	1	volatility	volatility	NOUN
fbem-15617	243	2	prediction	prediction	NOUN
fbem-15617	243	3	model	model	NOUN
fbem-15617	243	4	based	base	VERB
fbem-15617	243	5	on	on	ADP
fbem-15617	243	6	measurement	measurement	NOUN
fbem-15617	243	7	error	error	NOUN
fbem-15617	243	8	of	of	ADP
fbem-15617	243	9	volatility	volatility	NOUN
fbem-15617	243	10	[	[	X
fbem-15617	243	11	j	j	X
fbem-15617	243	12	]	]	X
fbem-15617	243	13	.	.	PUNCT
fbem-15617	244	1	systems	system	NOUN
fbem-15617	244	2	engineering	engineering	NOUN
fbem-15617	244	3	theory	theory	NOUN
fbem-15617	244	4	and	and	CCONJ
fbem-15617	244	5	practice	practice	NOUN
fbem-15617	244	6	,	,	PUNCT
fbem-15617	244	7	2018	2018	NUM
fbem-15617	244	8	,	,	PUNCT
fbem-15617	244	9	38	38	NUM
fbem-15617	244	10	(	(	PUNCT
fbem-15617	244	11	08	08	NUM
fbem-15617	244	12	):	):	PUNCT
fbem-15617	244	13	1905	1905	NUM
fbem-15617	244	14	-	-	SYM
fbem-15617	244	15	1918	1918	NUM
fbem-15617	244	16	.	.	PUNCT
fbem-15617	245	1	[	[	X
fbem-15617	245	2	21	21	NUM
fbem-15617	245	3	]	]	X
fbem-15617	245	4	dutta	dutta	PROPN
fbem-15617	245	5	,	,	PUNCT
fbem-15617	245	6	anupam	anupam	PROPN
fbem-15617	245	7	.	.	PUNCT
fbem-15617	246	1	modeling	modeling	NOUN
fbem-15617	246	2	and	and	CCONJ
fbem-15617	246	3	forecasting	forecast	VERB
fbem-15617	246	4	the	the	DET
fbem-15617	246	5	volatility	volatility	NOUN
fbem-15617	246	6	of	of	ADP
fbem-15617	246	7	carbon	carbon	NOUN
fbem-15617	246	8	emission	emission	NOUN
fbem-15617	246	9	market	market	NOUN
fbem-15617	246	10	:	:	PUNCT
fbem-15617	246	11	the	the	DET
fbem-15617	246	12	role	role	NOUN
fbem-15617	246	13	of	of	ADP
fbem-15617	246	14	outliers	outlier	NOUN
fbem-15617	246	15	,	,	PUNCT
fbem-15617	246	16	time	time	NOUN
fbem-15617	246	17	-	-	PUNCT
fbem-15617	246	18	varying	vary	VERB
fbem-15617	246	19	jumps	jump	NOUN
fbem-15617	246	20	and	and	CCONJ
fbem-15617	246	21	oil	oil	NOUN
fbem-15617	246	22	price	price	NOUN
fbem-15617	246	23	risk[j	risk[j	NOUN
fbem-15617	246	24	]	]	PUNCT
fbem-15617	246	25	.	.	PUNCT
fbem-15617	247	1	journal	journal	PROPN
fbem-15617	247	2	of	of	ADP
fbem-15617	247	3	cleaner	clean	ADJ
fbem-15617	247	4	production	production	NOUN
fbem-15617	247	5	,	,	PUNCT
fbem-15617	247	6	2017	2017	NUM
fbem-15617	247	7	:	:	PUNCT
fbem-15617	247	8	095965261732807x	095965261732807x	NUM
fbem-15617	247	9	.	.	PUNCT
fbem-15617	248	1	[	[	X
fbem-15617	248	2	22	22	NUM
fbem-15617	248	3	]	]	X
fbem-15617	248	4	h	h	PROPN
fbem-15617	248	5	wang	wang	PROPN
fbem-15617	248	6	,	,	PUNCT
fbem-15617	248	7	li	li	PROPN
fbem-15617	248	8	s.	s.	PROPN
fbem-15617	248	9	asymmetric	asymmetric	PROPN
fbem-15617	248	10	volatility	volatility	NOUN
fbem-15617	248	11	spillovers	spillover	NOUN
fbem-15617	248	12	between	between	ADP
fbem-15617	248	13	crude	crude	ADJ
fbem-15617	248	14	oil	oil	NOUN
fbem-15617	248	15	and	and	CCONJ
fbem-15617	248	16	china	china	PROPN
fbem-15617	248	17	's	's	PART
fbem-15617	248	18	financial	financial	ADJ
fbem-15617	248	19	markets[j	markets[j	NOUN
fbem-15617	248	20	]	]	PUNCT
fbem-15617	248	21	.	.	PUNCT
fbem-15617	249	1	energy	energy	NOUN
fbem-15617	249	2	,	,	PUNCT
fbem-15617	249	3	2021	2021	NUM
fbem-15617	249	4	,	,	PUNCT
fbem-15617	249	5	233(1):121168	233(1):121168	NOUN
fbem-15617	249	6	.	.	PUNCT
fbem-15617	250	1	[	[	X
fbem-15617	250	2	23	23	NUM
fbem-15617	250	3	]	]	SYM
fbem-15617	250	4	sz	sz	NOUN
fbem-15617	250	5	a	a	PROPN
fbem-15617	250	6	,	,	PUNCT
fbem-15617	250	7	jj	jj	PROPN
fbem-15617	250	8	a	a	X
fbem-15617	250	9	,	,	PUNCT
fbem-15617	250	10	bs	bs	PROPN
fbem-15617	250	11	b	b	PROPN
fbem-15617	250	12	,	,	PUNCT
fbem-15617	250	13	et	et	PROPN
fbem-15617	250	14	al	al	PROPN
fbem-15617	250	15	.	.	PUNCT
fbem-15617	251	1	the	the	DET
fbem-15617	251	2	volatility	volatility	NOUN
fbem-15617	251	3	spillover	spillover	VERB
fbem-15617	251	4	effect	effect	NOUN
fbem-15617	251	5	of	of	ADP
fbem-15617	251	6	the	the	DET
fbem-15617	251	7	european	european	PROPN
fbem-15617	251	8	union	union	PROPN
fbem-15617	251	9	(	(	PUNCT
fbem-15617	251	10	eu	eu	PROPN
fbem-15617	251	11	)	)	PUNCT
fbem-15617	251	12	carbon	carbon	NOUN
fbem-15617	251	13	financial	financial	ADJ
fbem-15617	251	14	market	market	NOUN
fbem-15617	251	15	sciencedirect[j	sciencedirect[j	NOUN
fbem-15617	251	16	]	]	PUNCT
fbem-15617	251	17	.	.	PUNCT
fbem-15617	252	1	journal	journal	PROPN
fbem-15617	252	2	of	of	ADP
fbem-15617	252	3	cleaner	clean	ADJ
fbem-15617	252	4	production	production	NOUN
fbem-15617	252	5	,	,	PUNCT
fbem-15617	252	6	2020	2020	NUM
fbem-15617	252	7	.	.	PUNCT
fbem-15617	253	1	[	[	X
fbem-15617	253	2	24	24	NUM
fbem-15617	253	3	]	]	PUNCT
fbem-15617	253	4	smales	smale	NOUN
fbem-15617	253	5	l	l	NOUN
fbem-15617	253	6	,	,	PUNCT
fbem-15617	253	7	economicsfinance	economicsfinance	NOUN
fbem-15617	253	8	t	t	PROPN
fbem-15617	253	9	,	,	PUNCT
fbem-15617	253	10	arnould	arnould	PROPN
fbem-15617	253	11	r	r	PROPN
fbem-15617	253	12	j	j	PROPN
fbem-15617	253	13	,	,	PUNCT
fbem-15617	253	14	et	et	PROPN
fbem-15617	253	15	al	al	PROPN
fbem-15617	253	16	.	.	PUNCT
fbem-15617	253	17	geopolitical	geopolitical	ADJ
fbem-15617	253	18	risk	risk	NOUN
fbem-15617	253	19	and	and	CCONJ
fbem-15617	253	20	volatility	volatility	NOUN
fbem-15617	253	21	spillovers	spillover	NOUN
fbem-15617	253	22	in	in	ADP
fbem-15617	253	23	oil	oil	NOUN
fbem-15617	253	24	and	and	CCONJ
fbem-15617	253	25	stock	stock	NOUN
fbem-15617	253	26	markets[j	markets[j	PROPN
fbem-15617	253	27	]	]	PUNCT
fbem-15617	253	28	.	.	PUNCT
fbem-15617	253	29	2021	2021	NUM
fbem-15617	253	30	.	.	PUNCT
fbem-15617	254	1	[	[	X
fbem-15617	254	2	25	25	NUM
fbem-15617	254	3	]	]	PUNCT
fbem-15617	254	4	xu	xu	PROPN
fbem-15617	254	5	y.	y.	PROPN
fbem-15617	254	6	risk	risk	NOUN
fbem-15617	254	7	spillover	spillover	VERB
fbem-15617	254	8	from	from	ADP
fbem-15617	254	9	energy	energy	NOUN
fbem-15617	254	10	market	market	NOUN
fbem-15617	254	11	uncertainties	uncertainty	NOUN
fbem-15617	254	12	to	to	ADP
fbem-15617	254	13	the	the	DET
fbem-15617	254	14	chinese	chinese	ADJ
fbem-15617	254	15	carbon	carbon	NOUN
fbem-15617	254	16	market[j	market[j	NOUN
fbem-15617	254	17	]	]	PUNCT
fbem-15617	254	18	.	.	PUNCT
fbem-15617	255	1	pacific	pacific	ADJ
fbem-15617	255	2	-	-	PUNCT
fbem-15617	255	3	basin	basin	NOUN
fbem-15617	255	4	finance	finance	NOUN
fbem-15617	255	5	journal	journal	NOUN
fbem-15617	255	6	,	,	PUNCT
fbem-15617	255	7	2021	2021	NUM
fbem-15617	255	8	,	,	PUNCT
fbem-15617	255	9	67	67	NUM
fbem-15617	255	10	.	.	PUNCT
fbem-15617	256	1	[	[	X
fbem-15617	256	2	26	26	NUM
fbem-15617	256	3	]	]	X
fbem-15617	256	4	qiao	qiao	PROPN
fbem-15617	256	5	s	s	PROPN
fbem-15617	256	6	,	,	PUNCT
fbem-15617	256	7	zhao	zhao	PROPN
fbem-15617	256	8	c	c	PROPN
fbem-15617	256	9	x	x	PROPN
fbem-15617	256	10	,	,	PUNCT
fbem-15617	256	11	zhang	zhang	PROPN
fbem-15617	256	12	k	k	PROPN
fbem-15617	257	1	q	q	PROPN
fbem-15617	257	2	,	,	PUNCT
fbem-15617	257	3	et	et	PROPN
fbem-15617	257	4	al	al	PROPN
fbem-15617	257	5	.	.	PROPN
fbem-15617	257	6	research	research	NOUN
fbem-15617	257	7	on	on	ADP
fbem-15617	257	8	time	time	NOUN
fbem-15617	257	9	-	-	PUNCT
fbem-15617	257	10	varying	vary	VERB
fbem-15617	257	11	two	two	NUM
fbem-15617	257	12	-	-	PUNCT
fbem-15617	257	13	way	way	NOUN
fbem-15617	257	14	spillover	spillover	NOUN
fbem-15617	257	15	effects	effect	NOUN
fbem-15617	257	16	between	between	ADP
fbem-15617	257	17	carbon	carbon	NOUN
fbem-15617	257	18	and	and	CCONJ
fbem-15617	257	19	energy	energy	NOUN
fbem-15617	257	20	markets	market	NOUN
fbem-15617	257	21	:	:	PUNCT
fbem-15617	257	22	empirical	empirical	ADJ
fbem-15617	257	23	evidence	evidence	NOUN
fbem-15617	257	24	from	from	ADP
fbem-15617	257	25	china[j	china[j	PROPN
fbem-15617	257	26	]	]	PUNCT
fbem-15617	257	27	.	.	PUNCT
fbem-15617	258	1	frontiers	frontier	NOUN
fbem-15617	258	2	in	in	ADP
fbem-15617	258	3	energy	energy	NOUN
fbem-15617	258	4	research	research	NOUN
fbem-15617	258	5	,	,	PUNCT
fbem-15617	258	6	2021	2021	NUM
fbem-15617	258	7	,	,	PUNCT
fbem-15617	258	8	9	9	NUM
fbem-15617	258	9	.	.	PUNCT
fbem-15617	259	1	[	[	X
fbem-15617	259	2	27	27	NUM
fbem-15617	259	3	]	]	X
fbem-15617	259	4	lin	lin	PROPN
fbem-15617	259	5	c	c	PROPN
fbem-15617	259	6	a	a	PROPN
fbem-15617	259	7	,	,	PUNCT
fbem-15617	259	8	fwa	fwa	PROPN
fbem-15617	259	9	b	b	PROPN
fbem-15617	259	10	,	,	PUNCT
fbem-15617	259	11	wl	wl	PROPN
fbem-15617	259	12	a	a	PROPN
fbem-15617	259	13	,	,	PUNCT
fbem-15617	259	14	et	et	PROPN
fbem-15617	259	15	al	al	PROPN
fbem-15617	259	16	.	.	PUNCT
fbem-15617	259	17	extreme	extreme	ADJ
fbem-15617	259	18	risk	risk	NOUN
fbem-15617	259	19	spillover	spillover	NOUN
fbem-15617	259	20	of	of	ADP
fbem-15617	259	21	the	the	DET
fbem-15617	259	22	oil	oil	NOUN
fbem-15617	259	23	,	,	PUNCT
fbem-15617	259	24	exchange	exchange	NOUN
fbem-15617	259	25	rate	rate	NOUN
fbem-15617	259	26	to	to	ADP
fbem-15617	259	27	chinese	chinese	ADJ
fbem-15617	259	28	stock	stock	NOUN
fbem-15617	259	29	market	market	NOUN
fbem-15617	259	30	:	:	PUNCT
fbem-15617	259	31	evidence	evidence	NOUN
fbem-15617	259	32	from	from	ADP
fbem-15617	259	33	implied	imply	VERB
fbem-15617	259	34	volatility	volatility	NOUN
fbem-15617	259	35	indexes[j	indexes[j	PROPN
fbem-15617	259	36	]	]	PUNCT
fbem-15617	259	37	.	.	PUNCT
fbem-15617	260	1	energy	energy	NOUN
fbem-15617	260	2	economics	economic	NOUN
fbem-15617	260	3	,	,	PUNCT
fbem-15617	260	4	2022	2022	NUM
fbem-15617	260	5	,	,	PUNCT
fbem-15617	260	6	107	107	NUM
fbem-15617	260	7	.	.	PUNCT
fbem-15617	261	1	[	[	X
fbem-15617	261	2	28	28	NUM
fbem-15617	261	3	]	]	X
fbem-15617	261	4	elgammal	elgammal	ADJ
fbem-15617	261	5	m	m	PROPN
fbem-15617	261	6	,	,	PUNCT
fbem-15617	261	7	ahmed	ahmed	PROPN
fbem-15617	261	8	w	w	PROPN
fbem-15617	261	9	,	,	PUNCT
fbem-15617	261	10	alshami	alshami	NOUN
fbem-15617	261	11	a.	a.	NOUN
fbem-15617	261	12	price	price	NOUN
fbem-15617	261	13	and	and	CCONJ
fbem-15617	261	14	volatility	volatility	NOUN
fbem-15617	261	15	spillovers	spillover	NOUN
fbem-15617	261	16	between	between	ADP
fbem-15617	261	17	global	global	ADJ
fbem-15617	261	18	equity	equity	NOUN
fbem-15617	261	19	,	,	PUNCT
fbem-15617	261	20	gold	gold	NOUN
fbem-15617	261	21	,	,	PUNCT
fbem-15617	261	22	and	and	CCONJ
fbem-15617	261	23	energy	energy	NOUN
fbem-15617	261	24	markets	market	NOUN
fbem-15617	261	25	prior	prior	ADV
fbem-15617	261	26	to	to	ADP
fbem-15617	261	27	and	and	CCONJ
fbem-15617	261	28	during	during	ADP
fbem-15617	261	29	the	the	DET
fbem-15617	261	30	covid-19	covid-19	PROPN
fbem-15617	261	31	pandemic[j	pandemic[j	NOUN
fbem-15617	261	32	]	]	PUNCT
fbem-15617	261	33	.	.	PUNCT
fbem-15617	262	1	social	social	ADJ
fbem-15617	262	2	science	science	NOUN
fbem-15617	262	3	electronic	electronic	ADJ
fbem-15617	262	4	publishing	publishing	NOUN
fbem-15617	262	5	.	.	PUNCT
fbem-15617	263	1	[	[	X
fbem-15617	263	2	29	29	NUM
fbem-15617	263	3	]	]	X
fbem-15617	263	4	qian	qian	PROPN
fbem-15617	263	5	d	d	PROPN
fbem-15617	263	6	,	,	PUNCT
fbem-15617	263	7	jh	jh	PROPN
fbem-15617	263	8	a	a	X
fbem-15617	263	9	,	,	PUNCT
fbem-15617	263	10	jca	jca	PROPN
fbem-15617	263	11	b.	b.	PROPN
fbem-15617	263	12	dynamic	dynamic	PROPN
fbem-15617	263	13	and	and	CCONJ
fbem-15617	263	14	frequency	frequency	NOUN
fbem-15617	263	15	-	-	PUNCT
fbem-15617	263	16	domain	domain	NOUN
fbem-15617	263	17	risk	risk	NOUN
fbem-15617	263	18	spillovers	spillover	NOUN
fbem-15617	263	19	among	among	ADP
fbem-15617	263	20	oil	oil	NOUN
fbem-15617	263	21	,	,	PUNCT
fbem-15617	263	22	gold	gold	NOUN
fbem-15617	263	23	,	,	PUNCT
fbem-15617	263	24	and	and	CCONJ
fbem-15617	263	25	foreign	foreign	ADJ
fbem-15617	263	26	exchange	exchange	NOUN
fbem-15617	263	27	markets	market	NOUN
fbem-15617	263	28	:	:	PUNCT
fbem-15617	263	29	evidence	evidence	NOUN
fbem-15617	263	30	from	from	ADP
fbem-15617	263	31	implied	imply	VERB
fbem-15617	263	32	volatility[j	volatility[j	PROPN
fbem-15617	263	33	]	]	X
fbem-15617	263	34	.	.	PUNCT
fbem-15617	264	1	energy	energy	NOUN
fbem-15617	264	2	economics	economic	NOUN
fbem-15617	264	3	,	,	PUNCT
fbem-15617	264	4	2021	2021	NUM
fbem-15617	264	5	.	.	PUNCT
fbem-15617	265	1	[	[	X
fbem-15617	265	2	30	30	NUM
fbem-15617	265	3	]	]	X
fbem-15617	265	4	geng	geng	PROPN
fbem-15617	265	5	j	j	PROPN
fbem-15617	265	6	b	b	PROPN
fbem-15617	265	7	,	,	PUNCT
fbem-15617	265	8	du	du	PROPN
fbem-15617	265	9	y	y	PROPN
fbem-15617	265	10	j	j	PROPN
fbem-15617	265	11	,	,	PUNCT
fbem-15617	265	12	ji	ji	PROPN
fbem-15617	265	13	q	q	PROPN
fbem-15617	265	14	,	,	PUNCT
fbem-15617	265	15	et	et	PROPN
fbem-15617	265	16	al	al	PROPN
fbem-15617	265	17	.	.	PROPN
fbem-15617	265	18	modeling	model	VERB
fbem-15617	265	19	return	return	NOUN
fbem-15617	265	20	and	and	CCONJ
fbem-15617	265	21	volatility	volatility	NOUN
fbem-15617	265	22	spillover	spillover	VERB
fbem-15617	265	23	networks	network	NOUN
fbem-15617	265	24	of	of	ADP
fbem-15617	265	25	global	global	ADJ
fbem-15617	265	26	new	new	ADJ
fbem-15617	265	27	energy	energy	NOUN
fbem-15617	265	28	companies[j	companies[j	NOUN
fbem-15617	265	29	]	]	PUNCT
fbem-15617	265	30	.	.	PUNCT
fbem-15617	266	1	renewable	renewable	ADJ
fbem-15617	266	2	and	and	CCONJ
fbem-15617	266	3	sustainable	sustainable	ADJ
fbem-15617	266	4	energy	energy	NOUN
fbem-15617	266	5	reviews	review	NOUN
fbem-15617	266	6	,	,	PUNCT
fbem-15617	266	7	2021	2021	NUM
fbem-15617	266	8	,	,	PUNCT
fbem-15617	266	9	135	135	NUM
fbem-15617	266	10	:	:	SYM
fbem-15617	266	11	110214	110214	NUM
fbem-15617	266	12	.	.	PUNCT