Search Results - subject:"Transition function"

The interest rate sensitivity of house prices : international evidence on its state dependence

Burgert, Matthias; Eugster, Johannes; Otten, Victoria - 2024

Persistent link: https://www.econbiz.de/10014490486

Measuring the Core Inflation in Turkey with the SM-AR Model

Kulaksizoglu, Tamer - Volkswirtschaftliche Fakultät, … - 2015

This paper employs a new econometric technique to estimate the core inflation in Turkey measured as the shifting means in levels between 1955 and 2014. Using monthly series, we determine the number of shifts using the BIC, the hv-block cross-validation, the Lin-Teräsvirta parameter constancy...

Persistent link: https://www.econbiz.de/10011196023

Asymmetric Shocks, Long-term Bonds and Sovereign Default

Zhu, Junjun; Xie, Shiyu - Volkswirtschaftliche Fakultät, … - 2011

contribution of our paper, we propose a simulation-based approach to approximate transition function of output shocks between … approach is very flexible in transforming various econometric models to finite state transition function, so that our approach …

Persistent link: https://www.econbiz.de/10008805879

Estimating Asymmetric Advertising Response: An Application to U.S. Nonalcoholic Beverage Demand

Zheng, Yuqing; Kaiser, Harry M. - In: Journal of Agricultural and Applied Economics 40 (2008) 03

changes. With the introduction of a smooth transition function, the model features smooth rather than abrupt parameter changes …

Persistent link: https://www.econbiz.de/10005802785