logLike_MSARmdl function

Markov-switching autoregressive log-likelihood objective function

This function computes the log-likelihood for a markov-switching autoregressive model.

logLike_MSARmdl(theta, mdl, k)

Arguments

• theta: Vector of model parameters.
• mdl: List with model attributes.
• k: Integer determining the number of regimes.

Returns

Log-likelihood value.