Modelling the Dependency between Inflation and Exchange Rate Using Copula

Table 3

Estimated coefficients of the GARCH(1,1) model for the exchange rate.

	Estimate	Std. error	t value	value
	1.679e − 06	3.792e − 04	0.004	0.996
	8.619e − 02	1.638e − 02	5.262	1.42e − 07
	1.744e − 01	8.404e − 02	2.075	0.038
LLF	1.702745
BIC	0.11059599