Search Results - subject:"smooth transition regression."

Nonlinear effects of government debt on private consumption: Evidence from OECD countries

Cho, Dooyeon; Rhee, Dong-Eun - In: Economics Letters 121 (2013) 3, pp. 504-507

This paper investigates nonlinear effects of government debt on private consumption. The estimated consumption function shows smooth regime switching depending on the debt-to-GDP ratio, and a higher level of government debt crowds out private consumption to a greater extent.

Persistent link: https://www.econbiz.de/10010729469

Modeling OECD energy demand: An international panel smooth transition error-correction model

Lee, Chien-Chiang; Chiu, Yi-Bin - In: International Review of Economics & Finance 25 (2013) C, pp. 372-383

This study is the first to apply a newly developed panel smooth transition regression model with the error …

Persistent link: https://www.econbiz.de/10011048279

The “forward premium puzzle” and the sovereign default risk

Coudert, Virginie; Mignon, Valérie - In: Journal of International Money and Finance 32 (2013) C, pp. 491-511

on smooth transition regression (STR) models, we show that default risk contributes to the carry-trade gains during booms …

Persistent link: https://www.econbiz.de/10011048430

Nonlinear earnings persistence

Cheng, Che-Hui; Wu, Po-Chin - In: International Review of Economics & Finance 25 (2013) C, pp. 156-168

This study employs panel smooth transition regression (PSTR) models with different lagged variables of earnings …

Persistent link: https://www.econbiz.de/10010588164

Insurance demand and country risks: A nonlinear panel data analysis

Lee, Chien-Chiang; Chiu, Yi-Bin; Chang, Chi-Hung - In: Journal of International Money and Finance 36 (2013) C, pp. 68-85

elasticity of insurance demand. Using the panel smooth transition regression model, we find that there is a significant regime …

Persistent link: https://www.econbiz.de/10010678995

Is there an environmental Kuznets curve for water use? A panel smooth transition regression approach

Duarte, Rosa; Pinilla, Vicente; Serrano, Ana - In: Economic Modelling 31 (2013) C, pp. 518-527

existing literature, a polynomial fixed effects model is first presented. Then, a logistic Panel Smooth Transition Regression …

Persistent link: https://www.econbiz.de/10010636283

Nonlinear bilateral trade balance-fundamentals nexus: A panel smooth transition regression approach

Wu, Po-Chin; Liu, Shiao-Yen; Pan, Sheng-Chieh - In: International Review of Economics & Finance 27 (2013) C, pp. 318-329

smooth transition regression (PSTR) model with the transition variable of lagged real interest rate differential. The …

Persistent link: https://www.econbiz.de/10010664309

On price convergence in Eurozone

Guerreiro, David; Mignon, Valérie - In: Economic Modelling 34 (2013) C, pp. 42-51

and July 2011. Relying on smooth transition regression models, we show that the price convergence process is nonlinear …

Persistent link: https://www.econbiz.de/10010709346

The Effects of Terrorist Activities on Foreign Direct Investment: Nonlinear Evidence from Turkey

Omay, Tolga; Araz-Takay, Bahar; Eruygur, Ayşegül; … - In: Review of Economics 64 (2013) 2, pp. 139-158

Abstract In this study, we examine the relationship between foreign direct investment (FDI) and terrorist incidents that took place in Turkey during the period 1991:12 to 2003:12. By doing so we contribute to the literature by allowing for a possible nonlinear relationship between terrorism and...

Persistent link: https://www.econbiz.de/10014619289

Measurement of the persistence in trade balance based on panel smooth transition regression model

Liu, Shiao-yen; Pan, Sheng-chieh; Wu, Po-chin - In: The empirical economics letters : a monthly … 12 (2013) 1, pp. 7-16

Persistent link: https://www.econbiz.de/10010258007