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Markov switching causality and the money-output relationship

Psaradakis, Zacharias G.; Ravn, Morten O.; Sola, Martin - In: Journal of applied econometrics 20 (2005) 5, pp. 665-683

Persistent link: https://www.econbiz.de/10003121629

Markov switching causality and the money-output relationship

Psaradakis, Zacharias G. - 2003

Persistent link: https://www.econbiz.de/10013424282

Markov switching causality and the money-output relationship

Psaradakis, Zacharias; Ravn, Morten O.; Sola, Martin - In: Journal of applied econometrics 20 (2005) 5, pp. 665-684

Persistent link: https://www.econbiz.de/10006958640

Instrumental-Variables Estimation in Markov Switching Models with Endogenous Explanatory Variables: An Application to the Term Structure of Interest Rates

Psaradakis, Zacharias; Sola, Martin; Spagnolo, Fabio - In: Studies in Nonlinear Dynamics & Econometrics 10 (2006) 2

This paper considers the problem of estimating Markov regime switching models with endogenous explanatory variables. When the data-generating process for consumption is subject to Markov regime switching, the standard model for the term structure of interest rates based on the Euler equations...

Persistent link: https://www.econbiz.de/10014620951