विधियों की तुलना करें

	थ्रेशोल्ड और स्मूथ-ट्रांज़िशन VAR (TVAR / STVAR)	मार्कोव रेजीम-स्विचिंग मॉडल (MS-AR / MS-VAR)
क्षेत्र	अर्थमिति	अर्थमिति
परिवार	Regression model	Regression model
उद्भव वर्ष	1998	1989
प्रवर्तक	Tsay (multivariate threshold modelling)	Hamilton (1989); Kim & Nelson (1999)
प्रकार	Nonlinear multivariate time-series model	Regime-switching time series model
मौलिक स्रोत	Tsay, R. S. (1998). Testing and Modeling Multivariate Threshold Models. Journal of the American Statistical Association, 93(443), 1188-1202.	Hamilton, J. D. (1989). A New Approach to the Economic Analysis of Nonstationary Time Series and the Business Cycle. Econometrica, 57(2), 357-384.
उपनाम	TVAR, STVAR, regime-switching VAR, threshold VAR	regime-switching model, Markov-switching autoregression, MS-AR, MS-VAR
संबंधित	5	5
सारांश	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.	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.