Markov-Switching Vector Autoregressive Modelling (Intercept Adjusted); Application to International Trade and Macroeconomic Stability in Nigeria (2000M1–2019M6)
Tuaneh, Godwin Lebari & Essi, Isaac Didi · Asian Journal of Probability and Statistics · 2021
Economic relationships are often modelled without consideration of a possible regime switch, the transmission from one regime to another and the duration of stay in a particular regime which are not captured by linear models. This study aimed to model and estimate the interdepend...
Open access
Research Article
10.9734/ajpas/2021/v12i430294