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A smooth transition autoregressive model for matrix-variate time series

Andrea Bucci

arXiv 16 Dec 2022 · Statistics — Methodology · publishedComputational Economics (2024) · 2 citations (OpenAlex)

arXiv:2212.08615 · PDF · DOI · OpenAlex · Extracted main text

Abstract

In many applications, data are observed as matrices with temporal dependence. Matrix-variate time series modeling is a new branch of econometrics. Although stylized facts in several fields, the existing models do not account for regime switches in the dynamics of matrices that are not abrupt. In this paper, we extend linear matrix-variate autoregressive models by introducing a regime-switching model capable of accounting for smooth changes, the matrix smooth transition autoregressive model. We present the estimation processes with the asymptotic properties demonstrated with simulated and real data.

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23
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Most heavily cited references

The works this paper leans on most, across its whole bibliography — not restricted to papers in our corpus. Ranked by composite intensity, which combines how often a work is mentioned, how many sections mention it, and how much of that falls in the main text rather than the appendix.

ReferenceIntensityMentionsSectionsMain text
1Chen, R., H. Xiao, and D. Yang (2021) Autoregressive models for matrix-valued time series1.00074100%
2Liu, X. and E. Y. Chen (2022) Identification and estimation of threshold matrix-variate factor models1.00064100%
3Wang, D., X. Liu, and R. Chen (2019) Factor models for matrix-valued high-dimensional time series0.92843100%
4Teräsvirta, T. and Y. Yang (2014) Specification, estimation and evaluation of vector smooth transition autoregressive models with applications0.84333100%
5Hubrich, K. and T. Teräsvirta (2013, Jan) (2013) Thresholds and Smooth Transitions in Vector Autoregressive Models, Volume 320.81142100%
6He, C., T. Teräsvirta, and A. González (2008) Testing Parameter Constancy in Stationary Vector Autoregressive Models Against Continuous Change0.51121100%
7Ahmed, M. Y. and S. A. Sarkodie (2021) COVID-19 pandemic and economic policy uncertainty regimes affect commodity market volatility0.40511100%
8Angelini, G., E. Bacchiocchi, G. Caggiano, and L. Fanelli (2019) Uncertainty across volatility regimes0.40511100%
9Billio, M., R. Casarin, M. Iacopini, and S. Kaufmann (2022) Bayesian Dynamic Tensor Regression0.40511100%
10Guptar, A. and D. Nagar (1999) Matrix Variate Distributions0.40511100%

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Cited by, within the corpus

arXiv econ.EM papers that cite this one, ranked by how heavily they lean on it.

Citing paperIntensityMentionsSections
1Threshold Tensor Factor Model in CP Form0.40511