logLike_MSVARXmdl_min function

Markov-switching VARX log-likelihood objective function (minimization version)

This function computes the (negative) log-likelihood for a markov-switching VARX model

logLike_MSVARXmdl_min(theta, mdl, k)

Arguments

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

Returns

Negative log-likelihood value.