Hello all,
my task is to estimate parametres of markov chain model basing on real economic data. Does anyone have any idea what sort of data would be suitable for such a model? Thanks in advance.
Printable View
Hello all,
my task is to estimate parametres of markov chain model basing on real economic data. Does anyone have any idea what sort of data would be suitable for such a model? Thanks in advance.
And where to find apropriate statistical data? The model doesn't have to be excessively complicated. After all, it's just a simple homework :).