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star model
(redirected from Lstar)

   Also found in: Acronyms, Wikipedia 0.01 sec.
star model [′stär ‚mäd·əl]
(astrophysics)


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The LSTAR specification allows the model to alternate between different regimes, with linear and discrete nonlinear cases as extreme ends.
A Markov regime switching model and an LSTAR model are employed to take account of possible multiple equilibria and asymmetric responses to positive and negative shocks.
A Markov regime switching model and an LSTAR model are employed to take account of possible multiple equilibria and asymmetric responses to positive and negative shocks.
 
 
 
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