Methoden vergelijken

	Gewone Kleinste Kwadraten (GKK) Regressie	Smooth Transition Autoregressive (STAR) Model
Vakgebied	Econometrie	Econometrie
Familie	Regression model	Regression model
Jaar van ontstaan	2019	1994
Grondlegger	Wooldridge (textbook treatment); classical least squares	Teräsvirta (1994); van Dijk, Teräsvirta & Franses (2002)
Type	Linear regression	Nonlinear time-series regime-switching model
Oorspronkelijke bron	Wooldridge, J. M. (2019). Introductory Econometrics: A Modern Approach (7th ed.). Cengage Learning. ISBN: 978-1337558860	Teräsvirta, T. (1994). Specification, Estimation, and Evaluation of Smooth Transition Autoregressive Models. Journal of the American Statistical Association, 89(425), 208–218.
Aliassen	ordinary least squares, classical linear regression, linear regression, en küçük kareler regresyonu	smooth transition autoregressive model, LSTAR, ESTAR, logistic STAR
Verwant	5	4
Samenvatting	Ordinary Least Squares is the classical linear regression method that explains a continuous outcome as a linear combination of predictors. It estimates the coefficients by minimising the sum of squared residuals, and under the Gauss-Markov assumptions these estimates are the best linear unbiased estimator (BLUE).	The 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.