Lange, Rense; Oliva, Terence; McDade, Sean - In: Studies in Nonlinear Dynamics & Econometrics 4 (2007) 3, pp. 169-182
Following the framework in Oliva et al. 1987, GEMCAT II implements a flexible method to test catastrophe models containing multivariate (i.e., latent) variables while allowing for a priori variable specifications. The system uses an efficient hybrid minimization algorithm combining the Downhill...