eldorado.tu-dortmund.de/items/2877a14e-46ad-4c18-b176-1ce34eb082dd
Forecasting US inflation using Markov dimension switching
Phillips curve context by using the Bernoulli approach of Korobilis (Journal of Applied Econometrics, 2013, 28(2), 204–230). The Bernoulli model, however, is unable to account for model change over time, which …