Nyberg, Henri (contributor) - 2008
, Binary response, Dynamic probit model, Parametric bootstrap,
Recession forecasting
Henri Nyberg
Department of Economics … variables. In this paper, the ”dynamic autoregressive” probit model suggested
by Kauppi and Saikkonen (2008) is considered. We … follows. The probit model is introduced in Section 2
and the LM tests are developed in Section 3. Results of the simulation …