## Abstract Logistic smooth transition and Markov switching autoregressive models of a logistic transform of the monthly US unemployment rate are estimated by Markov chain Monte Carlo methods. The Markov switching model is identified by constraining the first autoregression coefficient to differ ac
β¦ LIBER β¦
A Comparison of the Forecast Performance of Markov-switching and Threshold Autoregressive Models of US GNP
β Scribed by Michael P. Clements; Hans-Martin Krolzig
- Book ID
- 108513063
- Publisher
- John Wiley and Sons
- Year
- 1998
- Tongue
- English
- Weight
- 462 KB
- Volume
- 1
- Category
- Article
- ISSN
- 1368-4221
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