In this paper,the nonlinear behaviour of seismic activities has been studied by means of the threshold autoregressive model and the exponential autoregressive model. The contents are as follows: ① The theories and m...In this paper,the nonlinear behaviour of seismic activities has been studied by means of the threshold autoregressive model and the exponential autoregressive model. The contents are as follows: ① The theories and modelling methods of this two models have been studied.② One kind of explanation for the seismic cycle and order structure are given by means of the threshold autoregressive model.③ According to the exponential autoregressive model,an inherent structure of the magnitude series are discussed,the different relations between magnitude and frequency in active period and quiet period are also explained in this paper.展开更多
In this article, we use the unrestricted two-regime autoregressive threshold model to test both nonlinearity and stationarity of China's real exchange rate against its Hong Kong and Macao special administrative re...In this article, we use the unrestricted two-regime autoregressive threshold model to test both nonlinearity and stationarity of China's real exchange rate against its Hong Kong and Macao special administrative regions(SARs). Our main finding is that China's real exchange rate is neither linear nor stationary, indicating that the purchasing power parity does not hold between China Mainland and its two SARs, which implies, to certain extent, the three economies may not meet the condition of constituting an optimal currency area.展开更多
文摘In this paper,the nonlinear behaviour of seismic activities has been studied by means of the threshold autoregressive model and the exponential autoregressive model. The contents are as follows: ① The theories and modelling methods of this two models have been studied.② One kind of explanation for the seismic cycle and order structure are given by means of the threshold autoregressive model.③ According to the exponential autoregressive model,an inherent structure of the magnitude series are discussed,the different relations between magnitude and frequency in active period and quiet period are also explained in this paper.
基金the National Natural Science Foundation of China(No.71373219)
文摘In this article, we use the unrestricted two-regime autoregressive threshold model to test both nonlinearity and stationarity of China's real exchange rate against its Hong Kong and Macao special administrative regions(SARs). Our main finding is that China's real exchange rate is neither linear nor stationary, indicating that the purchasing power parity does not hold between China Mainland and its two SARs, which implies, to certain extent, the three economies may not meet the condition of constituting an optimal currency area.
