Energy modeling and forecasting are key to providing insightful energy-related policy decisions that could propel positive economic growth and sustainable development. In this study, the Non-Linear Autoregressive Exogenous Neural Networks (NARX) and Multiple Non-Linear Regression (MNLR) models...

We calculate impulse response functions from regime-switching models where the driving variable can respond to the shock. Two methods used to estimate the impulse responses in these models are generalized impulse response functions and local projections. Local projections depend on the observed...