11-002/4 - Modeling and Estimation of Synchronization in Multistate Markov-Switching Models

• Authors
  Cem Cakmakli, Erasmus University Rotterdam; Richard Paap, Erasmus University Rotterdam; Dick J.C. van Dijk, Erasmus University Rotterdam
• Publication date
  January 6, 2011

• Keywords
  imperfect synchronization, phase shifts, regime-switching models, Bayesian analysis
• JEL
  C11, C32, C51, C52