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시변 모수 구조적 벡터 자기회귀 모형 (TVP-SVAR)×시변 모수 VAR 모형 (TVP-VAR)×
분야계량경제학계량경제학
계열Regression modelRegression model
기원 연도20052005
창시자Giorgio E. PrimiceriPrimiceri (2005); Cogley & Sargent (2001, 2005)
유형Bayesian state-space SVARMultivariate time-series model with drifting coefficients
원전Primiceri, G. E. (2005). Time varying structural vector autoregressions and monetary policy. Review of Economic Studies, 72(3), 821–852. DOI ↗Primiceri, G. E. (2005). Time varying structural vector autoregressions and monetary policy. Review of Economic Studies, 72(3), 821-852. DOI ↗
별칭TVP-SVAR, time-varying SVAR, drifting-parameter SVAR, TVP structural VARTVP-VAR, time-varying VAR, TV-VAR, drifting-coefficient VAR
관련26
요약The Time-Varying Parameter Structural VAR (TVP-SVAR) model extends classical structural VARs by allowing both the reduced-form coefficients and the structural impact matrix to evolve continuously over time. Estimated via Bayesian MCMC, it captures shifting transmission mechanisms and heteroscedastic volatility — making it the workhorse for empirical macroeconomics when policy regimes and economic relationships change.The Time-Varying Parameter VAR (TVP-VAR) model extends the standard vector autoregression by allowing the coefficients and error covariances to evolve gradually over time. Estimated via Bayesian methods and MCMC simulation, it captures how dynamic relationships between macroeconomic or financial variables shift across different economic regimes without requiring pre-specified break points.
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