NONLINEAR MODELING OF STRUCTURAL BREAKS CONCERNING MONEY DEMAND FUNCTION IN IRAN USING FUZZY APPROACH

Q: How can I download an article?

To download an article from SID, first log in to the site, search for the article title, and click on the 'Download Article' option.

Q: How can I download an ISI article?

To download an ISI article on SID, enter the keyword or article title in the search bar, view the relevant results, click on the desired article, and select the 'Download Article' option.

Q: How can I access the SID database?

To access the SID database, visit SID.ir, create an account, and log in to access scientific resources.

Q: Is downloading articles from SID free?

Some articles on SID are available for free, while others require payment. Details are specified on the article's page.

ABOUNOORI ESMAIEL; SHAHRYAR BEHNAM

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Journal Paper

Paper Information

Journal: JOURNAL OF SUSTAINABLE GROWTH AND DEVELOPMENT (THE ECONOMIC RESEARCH) Year:2014 | Volume:13 | Issue:4 Page(s): 55-78

Download Full-Text

Persian Verion

View:

955

Download:

Cites:

Information Journal Paper

Title

NONLINEAR MODELING OF STRUCTURAL BREAKS CONCERNING MONEY DEMAND FUNCTION IN IRAN USING FUZZY APPROACH

Author(s)

ABOUNOORI ESMAIEL | SHAHRYAR BEHNAM | Issue Writer Certificate

Keywords

BINARY DUMMY VARIABLEQ2

FUZZY DUMMY VARIABLEQ2

STRUCTURAL BREAKQ2

MEMBERSHIP FUNCTIONQ2

SMOOTH TRANSITION REGRESSIONQ2

Abstract

The main purpose of this paper is to introduce a method for more accurately measurement of STRUCTURAL BREAKs’ impacts of money demand function using fuzzy set approach. Hence, we present a robust method in order to modeling endogenous STRUCTURAL BREAKs. To do this, first, we review the recent studies on modeling STRUCTURAL BREAKs in money demand using nonlinear transition functions and fuzzy set theory, then we examine theoretical basics of fuzzy sets, membership and transition functions. In this paper, we model the STRUCTURAL BREAKs in money demand function via fuzzy set theory by using transition function instead of MEMBERSHIP FUNCTIONs. In this regard, after introducing a new transition function, we model the 1993 STRUCTURAL BREAK of money demand in Iran using a BINARY DUMMY VARIABLE and various transition functions. The findings show that the AS transition function due to more flexibility provides more accurate results rather than BINARY DUMMY VARIABLE, exponential and logistic transition functions. In general, if the dependent variable of the model is stationary, use of the BINARY DUMMY VARIABLE for modeling STRUCTURAL BREAKs causes misspecification. Also, if the dependent variable is non-stationary, due to increasing shock effect, the use of BINARY DUMMY VARIABLE is wrong.

Cites

No record.

References

Cite

APA: Copy

ABOUNOORI, ESMAIEL, & SHAHRYAR, BEHNAM. (2014). NONLINEAR MODELING OF STRUCTURAL BREAKS CONCERNING MONEY DEMAND FUNCTION IN IRAN USING FUZZY APPROACH. JOURNAL OF SUSTAINABLE GROWTH AND DEVELOPMENT (THE ECONOMIC RESEARCH), 13(4), 55-78. SID. https://sid.ir/paper/86676/en

Vancouver: Copy

ABOUNOORI ESMAIEL, SHAHRYAR BEHNAM. NONLINEAR MODELING OF STRUCTURAL BREAKS CONCERNING MONEY DEMAND FUNCTION IN IRAN USING FUZZY APPROACH. JOURNAL OF SUSTAINABLE GROWTH AND DEVELOPMENT (THE ECONOMIC RESEARCH)[Internet]. 2014;13(4):55-78. Available from: https://sid.ir/paper/86676/en

IEEE: Copy

ESMAIEL ABOUNOORI, and BEHNAM SHAHRYAR, “NONLINEAR MODELING OF STRUCTURAL BREAKS CONCERNING MONEY DEMAND FUNCTION IN IRAN USING FUZZY APPROACH,” JOURNAL OF SUSTAINABLE GROWTH AND DEVELOPMENT (THE ECONOMIC RESEARCH), vol. 13, no. 4, pp. 55–78, 2014, [Online]. Available: https://sid.ir/paper/86676/en

Related Journal Papers