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Regressió de Transició Suau en Panell×VAR augmentat per factors amb paràmetres que varien en el temps×
CampEconometriaEconometria
FamíliaRegression modelRegression model
Any d'origen20052005
Autor originalGonzalez, Terasvirta, and van DijkBernanke, Boivin, and Eliasz
TipusSmooth-regime panel modelTime-varying system
Font seminalGonzalez, A., Terasvirta, T., & van Dijk, D. (2005). Panel smooth transition regression models. Research Paper, Melbourne Institute of Applied Economic and Social Research. link ↗Bernanke, B. S., Boivin, J., & Eliasz, P. S. (2005). Measuring monetary policy. Journal of Political Economy, 113(1), 161-208. link ↗
ÀliesSmooth-transition panel modelDynamic factor model with time-varying parameters
Relacionats33
ResumPanel Smooth Transition Regression (PSTR) models nonlinear panel relationships where coefficients transition smoothly (rather than abruptly) between regimes as a transition variable crosses thresholds. Introduced by Gonzalez et al. (2005), it extends univariate smooth-transition autoregression (STAR) models to panels, capturing gradual shifts in economic behavior. This approach is realistic when adjustment costs cause smooth (not sudden) regime changes.TVP-FAVAR is a hybrid framework combining factor-augmented VARs with time-varying parameter estimation via Kalman filtering. Introduced by Bernanke et al. (2005) and refined by Primiceri (2005), it extracts latent economic factors (e.g., a 'common monetary policy shock') from high-dimensional data while allowing VAR coefficients to evolve stochastically over time. This framework captures both reduced-dimensionality patterns and structural instability, making it ideal for studying evolving policy regimes and shock dynamics.
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ScholarGateCompara mètodes: Panel Smooth Transition Regression · TVP-FAVAR. Recuperat el 2026-06-19 de https://scholargate.app/ca/compare