Duration Dependent Transitions in a Markov Model of U.S. GNP Growth
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- Durland, J Michael & McCurdy, Thomas H, 1994. "Duration-Dependent Transitions in a Markov Model of U.S. GNP Growth," Journal of Business & Economic Statistics, American Statistical Association, vol. 12(3), pages 279-288, July.
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Keywordstime-varying transition probabilities; regime-switches; nonlinear asymmetric cycles;
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