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Markov switching
Working Paper
Do fiscal regimes matter for fiscal sustainability in South Africa?: A Markov-switching approachThis paper empirically examines South Africa’s fiscal sustainability through a Markov-switching model which utilizes quarterly datasets for the period from 1960 to 2019...
Fiscal Fiscal policy SustainabilityWorking Paper
Identifying structural changes in the exchange rates of South Africa as a regime-switching processExchange rate volatility is said to exemplify the economic health of a country. Exchange rate break points (known as structural breaks) have a momentous impact on the macroeconomy of a country...
Machine learning Markov switching Principal component analysisDisplaying 2 of 2 results.
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