It takes the average reader 5 hours and 12 minutes to read State-Space Models with Regime Switching by Chang-Jin Kim
Assuming a reading speed of 250 words per minute. Learn more
Both state-space models and Markov switching models have been highly productive paths for empirical research in macroeconomics and finance. This book presents recent advances in econometric methods that make feasible the estimation of models that have both features. One approach, in the classical framework, approximates the likelihood function; the other, in the Bayesian framework, uses Gibbs-sampling to simulate posterior distributions from data. The authors present numerous applications of these approaches in detail: decomposition of time series into trend and cycle, a new index of...
State-Space Models with Regime Switching by Chang-Jin Kim is 311 pages long, and a total of 78,061 words.
This makes it 105% the length of the average book. It also has 95% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 7 hours and 6 minutes to read State-Space Models with Regime Switching aloud.
State-Space Models with Regime Switching is suitable for students ages 12 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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