In this paper we investigate the forecast performance of nonlinear errorcorrection models with regime switching. In particular, we focus on threshold and Markov switching error-correction models, where adjustment towards long-run equilibrium is nonlinear and discontinuous. Our simulation study revea
โฆ LIBER โฆ
Nonlinear error correction models
โ Scribed by ALVARO ESCRIBANO; SANTIAGO MIRA
- Book ID
- 108549503
- Publisher
- John Wiley and Sons
- Year
- 2002
- Tongue
- English
- Weight
- 145 KB
- Volume
- 23
- Category
- Article
- ISSN
- 0143-9782
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