%0 Journal Article %1 hornik_testing_2002 %A Hornik, Kurt %A Kleiber, Christian %A Krämer, Walter %A Zeileis, Achim %D 2002 %K imported point processes %R 10.17877/DE290R-15203 %T Testing and Dating of Structural Changes in Practice %X The paper presents an approach to the analysis of data that contains (multiple) structural changes in a linear regression setup. We implement various strategies which have been suggested in the literature for testing against structural changes as well as a dynamic programming algorithm for the dating of the breakpoints in the R statistical software package. Using historical data on Nile river discharges, road casualties in Great Britain and oil prices in Germany it is shown that changes in the mean of a time series as well as in the coefficients of a linear regression are easily matched with identifiable historical, political or economic events.

@article{hornik_testing_2002, abstract = {The paper presents an approach to the analysis of data that contains (multiple) structural changes in a linear regression setup. We implement various strategies which have been suggested in the literature for testing against structural changes as well as a dynamic programming algorithm for the dating of the breakpoints in the R statistical software package. Using historical data on Nile river discharges, road casualties in Great Britain and oil prices in Germany it is shown that changes in the mean of a time series as well as in the coefficients of a linear regression are easily matched with identifiable historical, political or economic events.}, added-at = {2020-01-31T19:19:18.000+0100}, author = {Hornik, Kurt and Kleiber, Christian and Kr{\"a}mer, Walter and Zeileis, Achim}, biburl = {https://www.bibsonomy.org/bibtex/29fbb58cdebdc814cb11d77cd413fd2cd/mannbachm}, doi = {10.17877/DE290R-15203}, file = {Full Text PDF:C\:\\Users\\Jan\\Zotero\\storage\\N2Q2LTAN\\Hornik et al. - 2002 - Testing and Dating of Structural Changes in Practi.pdf:application/pdf}, interhash = {55fcd388477de73ff54116db3d16e36f}, intrahash = {9fbb58cdebdc814cb11d77cd413fd2cd}, keywords = {imported point processes}, month = jan, timestamp = {2020-01-31T19:20:14.000+0100}, title = {Testing and {Dating} of {Structural} {Changes} in {Practice}}, year = 2002 }