Analysis of the U.S. Business Cycle with a Vector-Markov-Switching Model /
This paper identifies turning points for the U.S. business cycle using different time series. The model, a multivariate Markov-Swiching model, assumes that each series is characterized by a mixture of two normal distributions (a high and low mean) with switching determined by a common Markov process...
| Prif Awdur: | |
|---|---|
| Fformat: | Cylchgrawn |
| Iaith: | English |
| Cyhoeddwyd: |
Washington, D.C. :
International Monetary Fund,
1999.
|
| Cyfres: | IMF Working Papers; Working Paper ;
No. 1999/107 |
| Mynediad Ar-lein: | Full text available on IMF |