Search Results - subject:"smooth transition regression."

Nonlinearities in the Phillips Curve? : empirical Evidence for some European Countries

Rupprecht, Sarah - 2005

This dissertation studies the question of nonlinearities in the Phillips curve relationshipin France, Germany and Italy. The implications from the theoretical models are that themechanisms that make the Phillips curve nonlinear can work through different channels.Therefore, this thesis not just...

Persistent link: https://www.econbiz.de/10009471618

Forecasting economic variables with nonlinear models

Teräsvirta, Timo - 2005

This article is concerned with forecasting from nonlinear conditional mean models. First, a number of often applied nonlinear conditional mean models are introduced and their main properties discussed. The next section is devoted to techniques of building nonlinear models. Ways of computing...

Persistent link: https://www.econbiz.de/10010281245

Forecasting economic variables with nonlinear models

Teräsvirta, Timo - Economics Institute for Research (SIR), … - 2005

conditions are quite restrictive. An example will be given in Section 2.4. 4 2.3 Smooth transition regression model The smooth … accuracy; forecast comparison; hidden Markov model; neuralnetwork; nonlinearmodelling; recursiveforecast; smooth transition … transition regression (STR) model originated in the work of Bacon and Watts (1971). These authors considered two regression lines …

Persistent link: https://www.econbiz.de/10005649211

The Effect of Monetary Policy on Bank Lending and Aggregate Output: Asymmetries from Nonlinearities in the Lending Channel

Chang, Jui-Chuan (Della); Jansen, Dennis W. - In: Annals of Economics and Finance 6 (2005) 1, pp. 129-153

This paper examines the asymmetric effects of monetary policy on output and the role of bank-lending behavior. We investigate whether contractionary and expansionary policies have asymmetric impacts on bank loans, and whether there are further differences in the response of small banks and big...

Persistent link: https://www.econbiz.de/10009150005

Regional integration and dynamic adjustments: Evidence from gross national product functions for Canada and the United States

Chapda Nana, Guy; Larue, Bruno; Gervais, Jean-Philippe - In: The North American Journal of Economics and Finance 23 (2012) 2, pp. 246-264

We estimate a translog Gross National Product function and test for endogenously determined structural change allowing for anticipated and lagged responses to regional trade agreements. We found that Canada embarked on a long transition path prior to the implementation of the Canada-U.S. Trade...

Persistent link: https://www.econbiz.de/10010886093

Asymmetric exchange rate pass-through in the Euro area: New evidence from smooth transition models

Ben Cheikh, Nidhaleddine - In: Economics - The Open-Access, Open-Assessment E-Journal 6 (2012), pp. 1-28

This paper examines the presence of asymmetric behavior in exchange rate pass-through (ERPT) to CPI inflation in 12 euro area (EA) countries. Using a class of nonlinear smooth transition models, the author tests for asymmetry with respect to the direction and the magnitude of exchange rate...

Persistent link: https://www.econbiz.de/10010954801

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

Duarte, Rosa; Pinilla, Vicente; Serrano, Ana - Facultad de Economía y Empresa, Universidad de Zaragoza - 2012

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

Persistent link: https://www.econbiz.de/10010570056

The impact of real income on insurance premiums: Evidence from panel data

Lee, Chien-Chiang; Chiu, Yi-Bin - In: International Review of Economics & Finance 21 (2012) 1, pp. 246-260

This study applies a recently-developed panel smooth transition regression (PSTR) model and takes into account the …

Persistent link: https://www.econbiz.de/10010688132

Spatial agglomeration and productivity in Italy: a panel smooth transition regression approach

Cainelli, Giulio; Fracasso, Andrea; Marzetti, Giuseppe … - Dipartimento di Economia e Management, Università … - 2012

for the possible presence of critical masses and/or congestion effects. We adopt a panel smooth transition regression …

Persistent link: https://www.econbiz.de/10010604501

The impact of real income on insurance premiums : evidence from panel data

Lee, Chien-Chiang; Chiu, Yi-bin - In: International review of economics & finance : IREF 21 (2012) 1, pp. 245-260

Persistent link: https://www.econbiz.de/10009486124