An Empirical Analysis of Oil and Stock Markets’ Volatility Based on the DGC-MSV-t Model

Table 2

The simulation results of posterior parameters of WTI and INE future.

Node	Mean	Sd	MC error	2.50%	5.00%	10.00%	Median	97.50%	Start	Sample
	0.8006	0.1831	0.007931	0.4213	0.490 2	0.5677	0.8081	1.148	10000	80002
	0.952	0.2646	0.01158	0.3549	0.466 5	0.5905	0.9826	1.417	10000	80002
	12.63	4.027	0.1306	7.01	7.587	8.313	11.84	22.68	10000	80002
	0.744	0.1496	0.006766	0.4146	0.474 1	0.5323	0.7648	0.9679	10000	80002
	0.1751	0.1347	0.006321	−0.008907	0.003472	0.02068	0.1491	0.4627	10000	80002
	0.7839	0.1458	0.006601	0.4264	0.4901	0.5743	0.8151	0.9798	10000	80002
	0.293	0.2782	0.01318	−0.04609	−0.0207	0.01095	0.2267	1.017	10000	80002
	0.119	0.03728	0.001669	0.06548	0.07037	0.07759	0.1122	0.2096	10000	80002
	0.1741	0.07831	0.003713	0.06718	0.07468	0.08697	0.1585	0.363	10000	80002