How Long to Read Analysis of the U.S. Business Cycle with a Vector-Markov-Switching Model

How Long Does it Take to Read Analysis of the U.S. Business Cycle with a Vector-Markov-Switching Model?

It takes the average reader and 20 minutes to read Analysis of the U.S. Business Cycle with a Vector-Markov-Switching Model by Mr.Zenon Kontolemis

Assuming a reading speed of 250 words per minute. Learn more

Description

This paper identifies turning points for the U.S. business cycle using different time series. The model, a multivariate Markov-Swiching model, assumes that each series is characterized by a mixture of two normal distributions (a high and low mean) with switching determined by a common Markov process. The procedure is applied to the series that make up the composite U.S. coincident indicator to obtain business cycle turning points. The business cycle chronology is closer to the NBER reference cycle than the turning points obtained from the individual series using a univariate model. The model is also used to forecast the series, with encouraging results.

How long is Analysis of the U.S. Business Cycle with a Vector-Markov-Switching Model?

Analysis of the U.S. Business Cycle with a Vector-Markov-Switching Model by Mr.Zenon Kontolemis is 20 pages long, and a total of 5,000 words.

This makes it 7% the length of the average book. It also has 6% more words than the average book.

How Long Does it Take to Read Analysis of the U.S. Business Cycle with a Vector-Markov-Switching Model Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 27 minutes to read Analysis of the U.S. Business Cycle with a Vector-Markov-Switching Model aloud.

What Reading Level is Analysis of the U.S. Business Cycle with a Vector-Markov-Switching Model?

Analysis of the U.S. Business Cycle with a Vector-Markov-Switching Model is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

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