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Threshold VAR (TVAR) na Smooth-Transition VAR (STVAR)×Mfumo wa Mabadiliko ya Mazinatio ya Markov (MS-AR / MS-VAR)×
NyanjaEkonometrikiEkonometriki
FamiliaRegression modelRegression model
Mwaka wa asili19981989
MwanzilishiTsay (multivariate threshold modelling)Hamilton (1989); Kim & Nelson (1999)
AinaNonlinear multivariate time-series modelRegime-switching time series model
Chanzo asiliaTsay, R. S. (1998). Testing and Modeling Multivariate Threshold Models. Journal of the American Statistical Association, 93(443), 1188-1202. DOI ↗Hamilton, J. D. (1989). A New Approach to the Economic Analysis of Nonstationary Time Series and the Business Cycle. Econometrica, 57(2), 357-384. DOI ↗
Majina mbadalaTVAR, STVAR, regime-switching VAR, threshold VARregime-switching model, Markov-switching autoregression, MS-AR, MS-VAR
Zinazohusiana55
MuhtasariThreshold VAR and Smooth-Transition VAR are nonlinear multivariate time-series models in which the coefficients of a vector autoregression switch between regimes according to a threshold variable. Building on Tsay's 1998 treatment of multivariate threshold models, they capture different dynamic structures across phases such as the business cycle, financial crises, or policy differences.The Markov regime-switching model lets the parameters of a time series change probabilistically across hidden regimes governed by a Markov chain. Introduced by Hamilton (1989) and developed further by Kim and Nelson (1999), it automatically detects business-cycle phases such as expansions and contractions.
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ScholarGateLinganisha mbinu: Threshold and Smooth-Transition VAR · Markov-Switching Model. Imepatikana 2026-06-18 kutoka https://scholargate.app/sw/compare