Timo Teräsvirta is Professor of Economics, Aarhus University, and member of CREATES. He received his DPolSc (Econometrics) from the University of Helsinki 1970. He has been Professor of Statistics, University of Helsinki, 1976-1980, Research Fellow, Research Institute of the Finnish Economy, 1980-1989, Research Fellow, Norges Bank, 1992-1993, 1994, 2000, and Professor of Econometrics, Stockholm School of Economics, 1994-2006. He is Distinguished Senior Fellow at Hanken School of Economics, Helsinki (since 2001). Teräsvirta is elected member of the International Statistical Institute (since 1978), Societas Scientiarum Fennica, Helsinki (since 1978), and the Royal Academy of Sciences, Stockholm (since 2001). He is Distinguished Author of Journal of Applied Econometrics and Fellow of Journal of Econometrics. His research and teaching interests include nonlinear time series econometrics and modelling volatility.

• Granger, C.W.J. and Teräsvirta, T., 1993, Modelling nonlinear economic relationships. Oxford: Oxford University Press. Chinese edition 2006: Shanghai University of Finance & Economics Press.
• Luukkonen, R., Saikkonen P. and Teräsvirta, T., 1988, Testing linearity against smooth transition autoregressive models. Biometrika 75, pp. 491‑499.
• Teräsvirta, T. and Anderson, H.M., 1992, Characterizing nonlinearities in business cycles using smooth transition autoregressive models. Journal of Applied Econometrics 7, pp. S119-S136. Reprinted in: M.H. Pesaran and S. Potter, eds. (1993). Nonlinearity and chaos in econometrics, pp. 111-128. New York: Wiley.
• Teräsvirta. T., 1994, Specification, estimation, and evaluation of smooth transition autoregressive models. Journal of the American Statistical Association 89, pp. 208-218. Reprinted in: P. Newbold and S.J. Leybourne, eds. (2003). Recent Developments in Time Series. Cheltenham: Elgar.
• Eitrheim, Ø. and Teräsvirta, T., 1996, Testing the adequacy of smooth transition autoregressive models. Journal of Econometrics 74, pp. 59-75. Reprinted in: P. Newbold and S.J. Leybourne, eds. (2003). Recent Developments in Time Series. Cheltenham: Elgar.
• He, C. and Teräsvirta, T., 1999, Fourth moment structure of the GARCH (p,q) process. Econometric Theory 15, pp. 824-846.