The empirical model may also be used to construct a way to forecast the dependent variable, potentially helping policymakers make decisions about changes in monetary and/or fiscal policy to keep the ...

In this paper, we consider the problem of determining the number of structural changes in multiple linear regression models via group fused Lasso. We show that with probability tending to one, our ...

This paper considers issues related to multiple structural changes, occurring at unknown dates, in the linear regression model estimated by least squares. The main aspects are the properties of the ...