Hidden Markov Models formatIsbn:Hardcover - 9781402078996 July 5–6

July 5–6

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Hidden Markov Models formatIsbn:Hardcover - 9781402078996 July 5–6Markov chains have increasingly become useful way of capturing stochastic nature of many economic and financial variables. Although the hidden Markov processes have been widely employed for some time in many engineering applications e. g. speech recognition, its effectiveness has now been recognized in areas of social science research as well. The main aim of Hidden Markov Models: Applications to Financial Economics is to make such techniques