An Advanced Markov Switching Approach for the Modelling of Consultation Rate Data

Author:

Kalligeris Emmanouil-NektariosORCID,Karagrigoriou AlexORCID,Parpoula Christina

Abstract

Regime switching in conjunction with penalized likelihood techniques could be a robust tool concerning the modelling of dynamic behaviours of consultation rate data. To that end, in this work we propose a methodology that combines the aforementioned techniques, and its performance and capabilities are tested through a real application.

Publisher

MDPI AG

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