This paper generalizes the basic Wishart multivariate stochastic volatility model of Philipov and Glickman (2006) and Asai and McAleer (2009) to encompass regime switching behavior. The latent state variable is driven by a first-order Markov process. The model allows for state-dependent...

This paper generalizes the basic Wishart multivariate stochastic volatility model of Philipov and Glickman (2006) and Asai and McAleer (2009) to encompass regime switching behavior. The latent state variable is driven by a first-order Markov process. The model allows for state-dependent...

In order to develop meaningful statistical control limits when applicable based upon the normal distribution, the mean and the standard deviation of a population must be known. In cases when an accurate approximation of the standard deviation is not known, the calculation of reasonable...

While many vibration systems exhibit primarily linear behavior, a significant percentage of the systems encountered in vibration and model testing are mildly to severely nonlinear. Analysis methods for such nonlinear systems are not yet well developed and the response of such systems is not...

For ridge regression the degrees of freedom are commonly calculated by the trace of the matrix that transforms the vector of observations on the dependent variable into the ridge regression estimate of its expected value. For a fixed ridge parameter this is unobjectionable. When the ridge...

This article on survey methodology addresses the problem of estimating degrees of freedom values from stratified multistage designs when a small number of primary sampling units (PSUs) are selected per stratum. Due to the small number of PSUs selected, the traditional Satterthwaite-based degrees...

One of the basic questions of solar research is the nature of the Sun. We show here how the plasma nature of the Sun leads to the self-generation of solar activity. The release of magnetic, rotational, gravitational, nuclear energies and that of the gravity mode oscillations deviate from...