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평활 전환 자기회귀 (STAR) 모형×임계 회귀×
분야계량경제학계량경제학
계열Regression modelRegression model
기원 연도19942000
창시자Teräsvirta (1994); van Dijk, Teräsvirta & Franses (2002)Bruce E. Hansen
유형Nonlinear time-series regime-switching modelNonlinear regime-switching regression
원전Teräsvirta, T. (1994). Specification, Estimation, and Evaluation of Smooth Transition Autoregressive Models. Journal of the American Statistical Association, 89(425), 208–218. DOI ↗Hansen, B. E. (2000). Sample Splitting and Threshold Estimation. Econometrica, 68(3), 575-603. DOI ↗
별칭smooth transition autoregressive model, LSTAR, ESTAR, logistic STARthreshold model, regime-switching regression, sample splitting model, Eşik Değer Regresyonu (Threshold Regression)
관련45
요약The Smooth Transition Autoregressive (STAR) model is a nonlinear time-series model, developed in Teräsvirta's 1994 framework, that lets the dynamics move smoothly rather than abruptly between two regimes. The logistic variant (LSTAR) captures asymmetric business cycles and the exponential variant (ESTAR) captures purchasing-power-parity deviations.Threshold regression is a nonlinear, regime-switching model in which the regression parameters take different values above and below an estimated threshold value of a threshold variable. The sample-splitting and threshold-estimation framework was developed by Bruce E. Hansen (2000) and is widely used for time-series and panel data with structural breaks and regime-dependent relationships.
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