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Tidsvarierende parameter TGARCH-modell×Tilstandsrommodell (Kalmanfilter)×
FagfeltØkonometriØkonometri
FamilieRegression modelRegression model
Opprinnelsesår1990s–2000s1990
OpphavspersonExtension combining Zakoïan (1994) TGARCH and time-varying parameter methodsHarvey; Durbin & Koopman (state space treatment); Kalman filter
TypeVolatility model with asymmetry and parameter evolutionState space time series model
Opprinnelig kildeZakoïan, J.-M. (1994). Threshold heteroskedastic models. Journal of Economic Dynamics and Control, 18(5), 931–955. DOI ↗Harvey, A. C. (1990). Forecasting, Structural Time Series Models and the Kalman Filter. Cambridge University Press. DOI ↗
AliasTVP-TGARCH, time-varying TGARCH, threshold GARCH with time-varying parameters, TVP Threshold GARCHstate space, Kalman filter, unobserved components model, Durum Uzayı Modeli (State Space / Kalman Filter)
Relaterte44
SammendragThe TVP-TGARCH model extends Threshold GARCH by allowing its volatility parameters to evolve over time via a state-space representation. It captures both the leverage effect — that negative return shocks increase volatility more than positive ones — and structural change in that asymmetry, making it well-suited for long financial time series subject to regime shifts.A state space model is a general time series framework that describes a series through unobserved (latent) state variables linked by a measurement equation and a transition equation, with the states estimated in real time by the Kalman filter. Developed in the state space tradition of Harvey (1990) and Durbin & Koopman (2012), it nests ARIMA and exponential smoothing as special cases.
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ScholarGateSammenlign metoder: Time-varying parameter TGARCH model · State Space Model. Hentet 2026-06-17 fra https://scholargate.app/no/compare