विधियों की तुलना करें

	मार्कोव रेजीम-स्विचिंग मॉडल (MS-AR / MS-VAR)	थ्रेशोल्ड और स्मूथ-ट्रांज़िशन VAR (TVAR / STVAR)
क्षेत्र	अर्थमिति	अर्थमिति
परिवार	Regression model	Regression model
उद्भव वर्ष	1989	1998
प्रवर्तक	Hamilton (1989); Kim & Nelson (1999)	Tsay (multivariate threshold modelling)
प्रकार	Regime-switching time series model	Nonlinear multivariate time-series model
मौलिक स्रोत	Hamilton, J. D. (1989). A New Approach to the Economic Analysis of Nonstationary Time Series and the Business Cycle. Econometrica, 57(2), 357-384.	Tsay, R. S. (1998). Testing and Modeling Multivariate Threshold Models. Journal of the American Statistical Association, 93(443), 1188-1202.
उपनाम	regime-switching model, Markov-switching autoregression, MS-AR, MS-VAR	TVAR, STVAR, regime-switching VAR, threshold VAR
संबंधित	5	5
सारांश	The Markov regime-switching model lets the parameters of a time series change probabilistically across hidden regimes governed by a Markov chain. Introduced by Hamilton (1989) and developed further by Kim and Nelson (1999), it automatically detects business-cycle phases such as expansions and contractions.	Threshold 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.