Kabe, Satoshi; Kanazawa, Yuichiro - In: Empirical Economics 47 (2014) 4, pp. 1193-1220
Allias and Nichèle (Eur Rev Agric Econ, 34(4):517–538, <CitationRef CitationID="CR1">2007</CitationRef>) proposed a Markov-switching almost ideal demand system (MS-AIDS) model by extending the idea of Hamilton (Econometrica, 57(2):357–384, <CitationRef CitationID="CR10">1989</CitationRef>). In this paper, we propose a Bayesian estimation for MS-AIDS model and illustrate...</citationref></citationref>