Guidolin, Massimo (contributor); Hyde, Stuart (contributor) - 2008 - Rev.
-inflationary
experiment; the early 1990s identify a worldwide recession and the effects of the first Iraqi war; finally, since
1998 the world …
multivariate Markov switching model
§1
Massimo Guidolin
a
, Stuart Hyde
b,
*
a
Federal Reserve Bank of St. Louis and … existence of a persistent bull state in which the correlations
among Irish and UK and US excess returns are low, we find that …