Search Results - subject:"Smooth Transition"

How does inflation in advanced economies affect emerging market bond yields? : empirical evidence from two channels

Kim, Sei-Wan; Park, Donghyun; Tian, Shu - 2023

employing a novel multivariable smooth transition autoregressive- vector autoregressive (STAR-VAR) model. Our empirical analysis …

Persistent link: https://www.econbiz.de/10014368399

A time-varying threshold STAR model with applications

Dueker, Michael; Jackson, Laura; Owyang, Michael T.; … - In: Oxford open economics 2 (2023), pp. 1-12

Smooth-transition autoregressive (STAR) models, competitors of Markov-switching models, are limited by an assumed time …

Persistent link: https://www.econbiz.de/10014492218

Smooth transition regression model relating inflation to economic growth in Tunisia

Becha, Hamdi; Kalai, Maha; Helali, Kamel - In: Journal of economic structures : JES; the official … 12 (2023), pp. 1-26

-linear logistic smooth transition regression model and considering inflation as a threshold financial development. The results show …

Persistent link: https://www.econbiz.de/10014497260

Hawks vs. Doves : ECB's monetary policy in light of the Fed's policy stance

Hauzenberger, Niko; Huber, Florian; Zörner, Thomas - 2023

through a smooth transition function. This assumption allows us to examine how the dynamic responses of financial market …

Persistent link: https://www.econbiz.de/10014445207

Liquidity and business cycles : with occasional disruptions

Semmler, Willi; Padró Rosario, Gabriel R.; Koçkesen, … - In: Econometrics : open access journal 11 (2023) 4, pp. 1-20

methods of a Smooth Transition Regression type to study those features, which provide and suggest further regulation and …

Persistent link: https://www.econbiz.de/10014507907

Investigating the inflation-output nexus for the euro area : old questions and new results

Reimers, Hans-Eggert; Gerdesmeier, Dieter; Roffia, Barbara - In: Economies : open access journal 11 (2023) 11, pp. 1-15

The relationship between inflation and real GDP growth is one of the most widely researched topics in macroeconomics. At the same time, it is certainly not an exaggeration to claim that this nexus also stands at the heart of monetary policy, given the fact that low inflation in combination with...

Persistent link: https://www.econbiz.de/10014458568

Long monthly European temperature series and the North Atlantic Oscillation

He, Changli; Kang, Jian; Silvennoinen, Annastiina; … - 2023

Persistent link: https://www.econbiz.de/10014281994

Non-Performing loans and Net Interest Margin in the MENA region : linear and non-linear analyses

Alnabulsi, Khalil; Kozarević, Emira; Hakimi, Abdelaziz - In: International Journal of Financial Studies : open … 11 (2023) 2, pp. 1-17

used the System Generalized Method of Moments (SGMM) as a linear approach and the Panel Smooth Transition Regression (PSTR …

Persistent link: https://www.econbiz.de/10014285271

Threshold effect of financial stability on monetary policy in West Africa

Houngbédji, Honoré Sèwanoundé; Bassongui, Nassibou - In: Research in globalization 6 (2023), pp. 1-7

This article aims to highlight the nonlinearity of the reaction function of the Central Bank of West African States (BCEAO) through financial stability. Using the smooth threshold autoregressive (STAR) model on aggregate data for the period 1970-2020, the study reveals that the dynamics of the...

Persistent link: https://www.econbiz.de/10014331509

Does the level of financial development matter for the fiscal response? : a PSTR approach for the EU and selected OECD countries

Bökemeier, Bettina; Stoian, Andreea; Owusu, Benjamin - 2023

, European Union (EU) members and OECD countries from 2000 to 2019. Applying the panel smooth transition regression to separate …

Persistent link: https://www.econbiz.de/10014229396