Model performance between linear vector autoregressive and Markov switching vector autoregressive models on modelling structural change in time series data

Real financial time series data always exhibit structural change, jumps or breaks. Thus, in this paper, the performance of the linear vector autoregressive model (VAR), mean adjusted Markov switching vector autoregressive model (MSM-VAR) and mean adjusted heteroskedasticity Markov switching vector a...

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Main Authors: Wai, P.S., Kun, S.S., Ismail, M.T., Karim, S.A.A.
Format: Conference or Workshop Item
Institution: Universiti Teknologi Petronas
Record Id / ISBN-0: utp-eprints.30917 /
Published: Institute of Electrical and Electronics Engineers Inc. 2016
Online Access: https://www.scopus.com/inward/record.uri?eid=2-s2.0-84995605754&doi=10.1109%2fISMSC.2015.7594083&partnerID=40&md5=f4f6939c1b18769060fd3ba464fd8216
http://eprints.utp.edu.my/30917/
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