Owyang, Michael T. (contributor); … - 2003 - [Elektronische Ressource], rev
the level of a time-series.
The Bry and Boschan procedure identifies local minima and maxima in the series, enforcing that … the Markov regime-switching model of Hamilton (1989). Hamilton
specifies a parametric time-series model in which the mean …
shifts in the mean growth rate of a parameteric statistical time-series model for economic output.
That is, different …