𝔖 Bobbio Scriptorium
✦   LIBER   ✦

Business cycles synchronization in East Asia: A Markov-switching approach

✍ Scribed by Dufrénot, Gilles; Keddad, Benjamin

Book ID
125827836
Publisher
Elsevier Science
Year
2014
Tongue
English
Weight
519 KB
Volume
42
Category
Article
ISSN
0264-9993

No coin nor oath required. For personal study only.

📜 SIMILAR VOLUMES

How well do Markov switching models desc
How well do Markov switching models describe actual business cycles? The case of synchronization
✍ Penelope A. Smith; Peter M. Summers 📂 Article 📅 2005 🏛 John Wiley and Sons 🌐 English ⚖ 258 KB

## Abstract The objective of this paper is to evaluate the effectiveness of using a Markov switching model to measure the synchronization of business cycles. We use a Bayesian, Gibbs sampling approach to estimate a multivariate Markov switching model of GDP growth for several countries. We look for