\addvspace {10\p@ }
\contentsline {figure}{\numberline {1.1}{\ignorespaces Frequency to Reject t-test for $\beta $: no GARCH effect ($\beta =0$)\relax }}{25}
\contentsline {figure}{\numberline {1.2}{\ignorespaces Frequency to Reject t-test for $\beta $: moderate GARCH effect ($\beta =0.5$)\relax }}{26}
\contentsline {figure}{\numberline {1.3}{\ignorespaces The Actual Size of the t-test ZILC Zone and Safe Zone in the GARCH(1,1) Model\relax }}{27}
\addvspace {10\p@ }
\contentsline {figure}{\numberline {2.1}{\ignorespaces Consumer Confidence\relax }}{59}
\contentsline {figure}{\numberline {2.2}{\ignorespaces State Economic Indexes\relax }}{60}
\contentsline {figure}{\numberline {2.3}{\ignorespaces Consumer Confidence and Economic Activity Growth in Connecticut\relax }}{61}
\contentsline {figure}{\numberline {2.4}{\ignorespaces State Retail Sales\relax }}{62}
\contentsline {figure}{\numberline {2.5}{\ignorespaces Impulse Responses of Output and Consumer Confidence\relax }}{63}
\contentsline {figure}{\numberline {2.6}{\ignorespaces Impulse Responses of Nonfarm Payrolls\relax }}{64}
\contentsline {figure}{\numberline {2.7}{\ignorespaces Impulse Responses of Unemployment Rate\relax }}{65}
\contentsline {figure}{\numberline {2.8}{\ignorespaces Impulse Responses of Average Weekly Hours of Manufacturing Workers\relax }}{66}
\contentsline {figure}{\numberline {2.9}{\ignorespaces Impulse Responses of Real Wages and Salaries\relax }}{67}
\contentsline {figure}{\numberline {2.10}{\ignorespaces Impulse Responses of Real Wages and Salaries per Worker\relax }}{68}
\contentsline {figure}{\numberline {2.11}{\ignorespaces Impulse Responses of Retail Sales\relax }}{69}
