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구조적 단절을 포함하는 벡터 오차 수정 모형 (SB-VECM)×벡터 오차 수정 모형 (VECM)×
분야계량경제학계량경제학
계열Regression modelRegression model
기원 연도1996–20001987
창시자Gregory & Hansen (1996); Johansen, Mosconi & Nielsen (2000)Robert F. Engle and Clive W. J. Granger
유형Multivariate error correction model with structural breaksMultivariate time-series model
원전Gregory, A. W., & Hansen, B. E. (1996). Residual-based tests for cointegration in models with regime shifts. Journal of Econometrics, 70(1), 99–126. DOI ↗Engle, R. F., & Granger, C. W. J. (1987). Co-integration and error correction: Representation, estimation, and testing. Econometrica, 55(2), 251–276. DOI ↗
별칭SB-VECM, VECM with regime shifts, cointegration model with structural breaks, break-augmented VECMVECM, error correction VAR, cointegrated VAR, vector equilibrium correction model
관련55
요약The 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 Vector Error Correction Model extends the Vector Autoregression (VAR) framework to a system of variables that share one or more long-run equilibrium relationships. It jointly models short-run dynamics and the speed at which each variable corrects back toward equilibrium after a shock, making it the standard tool for analysing cointegrated multivariate time series.
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