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Przełącznikowe łańcuchy w badaniach koniunktury

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Decewicz A., Dędys M.
Prace i Materiały Instytutu Rozwoju Gospodarczego SGH
|
1999
|
vol. 63
177-184
EN
In this paper we present a method of modelling business indicator based on Markov Switching Model (MSM). We apply MSM to business survey data from 1990-1997. We consider two approaches. In the first case we distinguish States of decreasing or increasing business indicator. In the second case we consider dynamics of changes of the business indicator.
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