Hamilton, J.D. - In: Handbook of macroeconomics : volume 2, v. 2A-2B SET, (pp. 163-201). 2016
Many economic time series exhibit dramatic breaks associated with events such as economic recessions, financial panics, and currency crises. Such changes in regime may arise from tipping points or other nonlinear dynamics and are core to some of the most important questions in macroeconomics....