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- Wed May 28, 2014 7:05 am
- Forum: Estimation
- Topic: TAR model & asymmetric ECM
- Replies: 14
- Views: 20539
Re: TAR model & asymmetric ECM
i am working on the asymmetry of interest rate pass-through in the case of Albania adopting the methodology outlined in Enders and Siklos (2001). There is one thing i do not clearly understand. Why is delta1=delta2=0.6 (even in the tarcoint add-in such value is taken as default). i read the paper ca...
