Glossary entry (derived from question below)
English term or phrase:
cross-product term
French translation:
terme/effet d'interaction
Added to glossary by
DLyons
Feb 11, 2016 13:56
8 yrs ago
5 viewers *
English term
cross-product term
English to French
Bus/Financial
Mathematics & Statistics
Bonjour,
Je n'ai pas trouvé l'équivalent français de l'expression "cross-product term".
Contexte (à propos du taux d'intérêt à long terme) :
"The yield on US Treasuries can be broken down into the average of expected future 3-month rates over the 10-year life of the bond (ERUS) and the term premium (TERM as calculated by the BIS following the methodology of Hördahl and Tristani, 2014). Apart from a negligible cross-product term, 10YUS = TERM +ERUS. This separation shows that the term premium in US treasuries matters more than the average of expected future short-term rates, especially for the emerging economies."
10YUS = titres du Trésor américain à 10 ans
Merci d'avance pour votre aide :)
Je n'ai pas trouvé l'équivalent français de l'expression "cross-product term".
Contexte (à propos du taux d'intérêt à long terme) :
"The yield on US Treasuries can be broken down into the average of expected future 3-month rates over the 10-year life of the bond (ERUS) and the term premium (TERM as calculated by the BIS following the methodology of Hördahl and Tristani, 2014). Apart from a negligible cross-product term, 10YUS = TERM +ERUS. This separation shows that the term premium in US treasuries matters more than the average of expected future short-term rates, especially for the emerging economies."
10YUS = titres du Trésor américain à 10 ans
Merci d'avance pour votre aide :)
Proposed translations
(French)
| 4 | terme/effet d'interaction |
DLyons
|
Change log
Feb 13, 2016 14:04: DLyons Created KOG entry
Proposed translations
4 hrs
Selected
terme/effet d'interaction
Cross-product = interaction
Note from asker:
| Merci beaucoup :) |
4 KudoZ points awarded for this answer.
Comment: "Thanks again :)"
Discussion
I'm not sure if the following addresses the issue raised in that post?
http://stats.stackexchange.com/questions/34488/either-quadra...
This gives examples of different models that use highly-correlated predictor variables and their interaction. Depending on the model, the interaction term can vary from higly significant to statistically not significant.
Raghuram and Zingales' classic econometric paper "Financial Dependence and Growth", The American Economic Review, pp. 559-586 may also be relevant???
They estimate the model Growth = Constant + α*Country Indicators + β*Industry Indicators + γ*(Industry j's share of manufacturing in country k in 1980) + δ*(External Dependence of industry j x Financial Development of country k) + ε.
They find " [i]n the first column of Table 4 the coefficient estimate for the interaction term is positive and statistically significant at the 1-percent level "