6 Apr
2014
6 Apr
'14
8:58 a.m.
Now that we are introducing the multinomial statement that refers to a particular statistical process, I would add 'markov_chain' as an alias for the 'markov_switching' statement, because 'markov_switching' simply defines the Markov Chain process. I would also add an option for a probability matrix and the possibility to calibrate it.
Please, tell me what you tink.
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Michel Juillard