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Extended Switching Regression Models: Theory and Applications

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Paperback: 116 pages
Publisher: VDM Verlag Dr. Müller (June 14, 2009)
Language: English
ISBN-10: 9783639151510
ISBN-13: 978-3639151510
ASIN: 3639151518
Product Dimensions: 5.9 x 0.3 x 8.7 inches
Format: PDF Text djvu ebook

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Switching regression models are models that allow parameters of the conditional distribution, such as the mean and variance, to vary according to a finite-valued stochastic process with states or regimes. The regime changes aim at capturing changes in the underlying financial and economic mechanism through the observed time series. These models have proven very useful in modeling economic and financial time series. In this book, we generalized th...

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