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Fourier ARDL Bounds Test×Vector Error Correction Model (VECM)×
VakgebiedEconometrieEconometrie
FamilieRegression modelRegression model
Jaar van ontstaan2001-20211987
GrondleggerPesaran, Shin & Smith (ARDL foundation); Fourier extension by Nazlioglu and related authorsRobert F. Engle and Clive W. J. Granger
TypeCointegration / bounds testMultivariate time-series model
Oorspronkelijke bronNazlioglu, S., Gormus, A., & Soytas, U. (2021). Oil prices and monetary policy in emerging markets: structural breaks, asymmetries, and Fourier approximations. Energy Economics, 95, 105119. link ↗Engle, R. F., & Granger, C. W. J. (1987). Co-integration and error correction: Representation, estimation, and testing. Econometrica, 55(2), 251–276. DOI ↗
AliassenFourier ARDL, Fourier bounds testing, ARDL with Fourier approximation, F-ARDL cointegration testVECM, error correction VAR, cointegrated VAR, vector equilibrium correction model
Verwant55
SamenvattingThe Fourier ARDL bounds test augments the Pesaran-Shin-Smith cointegration framework with trigonometric (Fourier) terms that capture gradual, smooth structural breaks in the data-generating process. It tests for a long-run level relationship between variables without requiring the researcher to specify the number, timing, or form of structural breaks in advance.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.
ScholarGateGegevensset
  1. v1
  2. 2 Bronnen
  3. PUBLISHED
  1. v1
  2. 2 Bronnen
  3. PUBLISHED

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ScholarGateMethoden vergelijken: Fourier ARDL Bounds Test · Vector Error Correction Model. Geraadpleegd op 2026-06-17 via https://scholargate.app/nl/compare