Dueker, Michael (contributor); … - 2002 - [Elektronische Ressource]
Yorukoglu (1997). We find, however, that if de-
preciation rates follow a Markov switching process, a low variance of the … fluctuations, along
with technology shocks. The motivation for the stochastic process rests with
the observation that for many … introduce greater realism to the
shock process. To do this, we provide empirical evidence that the deprecia-
tion rates for many …