Bivariate Switching ARCH program (GAUSS)
It is composed of two files: emul2.txt (specification of the model) and eprmul2.txt (procedure with the likelihood function).
Reference: Ramchand and Susmel (1998), Journal of Empirical Finance and Edwards and Susmel (2002) Review of Economics and Statistics .

Bivariate SWARCH
Procedures

If you find any mistakes or if you can improve the programs, please, notify me. Thanks!

Standard Disclaimer: This program is provided free of charge, as is. The University of Houston and myself assume no responsability for its use or its content.

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