Strikholm, Birgit - Economics Institute for Research (SIR), … - 2006
and multiple break
cases.
Key words: Model specification, multiple structural breaks.
JEL Classification Code: C22, C51 ….Strikholm@hhs.se
1 Introduction
Models with structural breaks (SB) have been of interest to many researchers for at
least the last four …¨asvirta (1998).
3 Determining the number of structural breaks
3.1 The sequential procedure
In this section we describe our procedure …