Markov Switching Models with Application to Contagion Effect Analysis in the Capital Markets [PDF]
This article presents the analysis of the contagion effect in the capital markets on the basis of the Markov switching models MS. The research is based on the return of the indexes.
Monika Kosko
core
Fisheries Management and Ecology, EarlyView.ABSTRACT Habitat restoration may protect brown trout (Salmo trutta) populations from loss of genetic diversity by increasing environmental carrying capacity and, consequently, population size. However, the accompanying release of hatchery‐reared fish may threaten the genetic integrity of native populations through introgression.
Noor Alwash +6 more
wiley +1 more source
A Markov-switching vector equilibrium correction model of the UK labour market [PDF]
There is a wide literature on the dynamic adjustment of employment and its relationship with the business cycle. Our aim is to propose a statistical model that offers a congruent representation of post-war UK labour market.
Mizon, Grayham E. +2 more
core
When in Doubt, Tax More Progressively? Uncertainty and Progressive Income Taxation
International Economic Review, EarlyView.ABSTRACT We study the optimal income tax problem under parameter uncertainty about household preferences and wage dynamics. We derive conditions characterizing how such uncertainty affects optimal tax policy. To quantify the effect, we estimate a life‐cycle model using US data and a Bayesian approach.
Minsu Chang, Chunzan Wu
wiley +1 more source
PUNTOS DE GIRO EN LA ECONOMÍA ARGENTINA
Revista de Economía Política de Buenos Aires, 2017 RESUMEN En este artículo se utilizan diferentes técnicas para identificar los períodos recesivos y expansivos de la economía argentina que permitan establecer una cronología cíclica robusta en función de resultados proporcionados por diferentes métodos.
Cristian Rabanal
doaj
Impact of COVID-19 on Local Markets: An Application of Garch and Markov-Switching Dynamic Regression
, 2022 Abimbola O, Ogbekile C, Oseghale E.
europepmc +1 more source
Distributed Robust Filtering for Wireless Sensor Networks with Markov Switching Topologies and Deception Attacks. [PDF]
Sensors (Basel), 2020 Zhu F, Liu X, Wen J, Xie L, Peng L.
europepmc +1 more source
Stock Prices and Economic Fluctuations: A Markov Switching Structural Vector Autoregressive Analysis [PDF]
The role of expectations for economic fluctuations has received considerable attention in recent business cycle analysis. We exploit Markov regime switching models to identify shocks in cointegrated structural vector autoregressions and investigate ...
Markku Lanne, Helmut Luetkepohl
core
Pairwise Imitation and Tournament Graphs
International Economic Review, EarlyView.ABSTRACT This paper investigates strategic dynamics under the behavioral rule of pairwise interact and imitate (PII), which requires minimal information and emphasizes outperforming opponents in pairwise interactions. We characterize PII using weak tournament graphs and, for a broad class of dynamics, establish a one‐shot stability result for ...
Sung‐Ha Hwang +3 more
wiley +1 more source
Markov switching zero-inflated space-time multinomial models for comparing multiple infectious diseases. [PDF]
BiostatisticsDouwes-Schultz D +3 more
europepmc +1 more source