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Strukturoitujen murtumien vektorikorjausmalli (SB-VECM)×Epälineaarinen vektorivirheenkorjausmalli (Nonlinear VECM)×
TieteenalaEkonometriaEkonometria
MenetelmäperheRegression modelRegression model
Syntyvuosi1996–20001989–1998
KehittäjäGregory & Hansen (1996); Johansen, Mosconi & Nielsen (2000)Granger & Lee (1989); Enders & Granger (1998)
TyyppiMultivariate error correction model with structural breaksNonlinear time-series model
AlkuperäislähdeGregory, A. W., & Hansen, B. E. (1996). Residual-based tests for cointegration in models with regime shifts. Journal of Econometrics, 70(1), 99–126. DOI ↗Enders, W., & Granger, C. W. J. (1998). Unit-root tests and asymmetric adjustment with an example using the term structure of interest rates. Journal of Business & Economic Statistics, 16(3), 304–311. DOI ↗
RinnakkaisnimetSB-VECM, VECM with regime shifts, cointegration model with structural breaks, break-augmented VECMnonlinear VECM, NVECM, threshold VECM, asymmetric VECM
Liittyvät52
TiivistelmäThe Structural Break VECM extends the standard Vector Error Correction Model to allow the cointegrating relationships, adjustment speeds, or short-run dynamics to shift at one or more known or estimated break dates. It preserves the long-run equilibrium framework of the VECM while explicitly modelling regime changes caused by policy shifts, crises, or institutional changes.The Nonlinear VECM extends the standard linear VECM by allowing the speed of adjustment toward long-run equilibrium to differ depending on the sign, magnitude, or regime of deviations from that equilibrium. It captures asymmetric or threshold-driven dynamics in cointegrated time-series systems that a standard VECM would miss.
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ScholarGateVertaile menetelmiä: Structural break VECM · Nonlinear VECM. Haettu 2026-06-17 osoitteesta https://scholargate.app/fi/compare