Pathairat Pastpipatkul; Htwe Ko - In: Economies : open access journal 13 (2025) 1, pp. 1-17
seemingly unrelated equation (TVSURE) model to examine the economic impact of MP and FP. Last, we also employed the Markov … switching regression (MSR) model not only to support the findings from the TVSURE model but also to propose policy … recommendations based on regime durations and transitions tempted by MP and FP. The main results from both TVSURE and MSR reveal the …
