Can regime switching models reproduce the business cycle features of US aggregate consumption investment and output

Clements, Michael P. and Krolzig, Hans Martin

Can regime switching models reproduce the business cycle features of US aggregate consumption investment and output J5272 2004 - 2004 - 1-14 V. 9 Issue. 1


Finance and Economics

Business cycle asymmetries;Markov switching models;Cointegration;

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