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VAR de Umbral y VAR de Transición Suave (TVAR / STVAR)×Exponential GARCH (EGARCH)×
CampoEconometríaEconometría
FamiliaRegression modelRegression model
Año de origen19981991
Autor originalTsay (multivariate threshold modelling)Nelson
TipoNonlinear multivariate time-series modelConditional volatility model (asymmetric GARCH variant)
Fuente seminalTsay, R. S. (1998). Testing and Modeling Multivariate Threshold Models. Journal of the American Statistical Association, 93(443), 1188-1202. DOI ↗Nelson, D. B. (1991). Conditional Heteroskedasticity in Asset Returns: A New Approach. Econometrica, 59(2), 347-370. DOI ↗
AliasTVAR, STVAR, regime-switching VAR, threshold VARexponential GARCH, Nelson's EGARCH, asymmetric GARCH, EGARCH — Üstel GARCH
Relacionados54
ResumenThreshold VAR and Smooth-Transition VAR are nonlinear multivariate time-series models in which the coefficients of a vector autoregression switch between regimes according to a threshold variable. Building on Tsay's 1998 treatment of multivariate threshold models, they capture different dynamic structures across phases such as the business cycle, financial crises, or policy differences.EGARCH is an asymmetric GARCH variant, introduced by Nelson in 1991, that models the leverage effect in which bad news raises volatility more than good news of the same size. It captures the negative-shock asymmetry of financial return series by modelling the logarithm of the conditional variance.
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  1. v1
  2. 2 Fuentes
  3. PUBLISHED

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ScholarGateComparar métodos: Threshold and Smooth-Transition VAR · EGARCH. Recuperado el 2026-06-17 de https://scholargate.app/es/compare