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푸리에 벡터 오차 수정 모형 (Fourier VECM)×푸리에 VAR 모형×
분야계량경제학계량경제학
계열Regression modelRegression model
기원 연도2004–20122010s
창시자Enders & Lee (2004/2012); extended to VECM by subsequent authorsEnders & Lee; extended by Nazlioglu and others to VAR systems
유형Error-correction model with Fourier termsMultivariate time-series model
원전Enders, W., & Lee, J. (2012). A Unit Root Test Using a Fourier Series to Approximate Smooth Breaks. Oxford Bulletin of Economics and Statistics, 74(4), 574–599. DOI ↗Enders, W., & Lee, J. (2012). A unit root test using a Fourier series to approximate smooth breaks. Oxford Bulletin of Economics and Statistics, 74(4), 574-599. DOI ↗
별칭Fourier VECM, Fourier-approximation VECM, smooth-break VECM, trigonometric VECMFourier VAR, smooth structural break VAR, trigonometric VAR, Fourier-augmented VAR
관련56
요약The Fourier VECM augments the classical vector error correction model with low-frequency trigonometric terms — sine and cosine components — to capture smooth, gradual structural change in cointegrating relationships without specifying the number or timing of breaks in advance. It is used for multivariate cointegrated systems where long-run equilibria may shift gradually over time.The Fourier VAR model extends the standard Vector Autoregression by replacing fixed deterministic terms with Fourier trigonometric components, allowing the intercept (and optionally the trend) to shift gradually and smoothly over time. This eliminates the need to pre-specify the number, timing, or shape of structural breaks in a multivariate time-series system.
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