Bartolucci, Francesco; Farcomeni, Alessio; Pennoni, Fulvia - Volkswirtschaftliche Fakultät, … - 2012
We provide a comprehensive overview of latent Markov (LM) models for the analysis of longitudinal data. The main assumption behind these models is that the response variables are conditionally independent given a latent process which follows a first-order Markov chain. We first illustrate the...