State-Space Models with Regime Switching 2024 pdf epub mobi 電子書 下載

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State-Space Models with Regime Switching pdf epub mobi 著者簡介

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State-Space Models with Regime Switching pdf epub mobi 圖書描述

Both state-space models and Markov switching models have been highly productive paths for empirical research in macroeconomics and finance. This book presents recent advances in econometric methods that make feasible the estimation of models that have both features. One approach, in the classical framework, approximates the likelihood function; the other, in the Bayesian framework, uses Gibbs-sampling to simulate posterior distributions from data.The authors present numerous applications of these approaches in detail: decomposition of time series into trend and cycle, a new index of coincident economic indicators, approaches to modeling monetary policy uncertainty, Friedman's "plucking" model of recessions, the detection of turning points in the business cycle and the question of whether booms and recessions are duration-dependent, state-space models with heteroskedastic disturbances, fads and crashes in financial markets, long-run real exchange rates, and mean reversion in asset returns.

State-Space Models with Regime Switching 2024 pdf epub mobi 電子書 下載

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State-Space Models with Regime Switching pdf epub mobi 圖書目錄

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發表於2024-12-23

State-Space Models with Regime Switching 2024 pdf epub mobi 電子書 下載

State-Space Models with Regime Switching 2024 pdf epub mobi 電子書 下載

State-Space Models with Regime Switching 2024 pdf epub mobi 電子書 下載

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圖書標籤: state  space  Statistics   

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State-Space Models with Regime Switching 2024 pdf epub mobi 電子書 下載

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