On Fri, 30 Dec 2011, Ayanendu Sanyal wrote:
Respected Sir
I tried the strucchange
My data is attached. However I tried the attached commands (last
save.txt) to perform Bai Perron 2003... I t worked well but in the end
it is giving warning that overlapping confidence interval... I am not
sure how to proceed... Please Help Me
Overlapping confidence intervals typically indicate that too many
breakpoints were selected and/or the model does not fit well. In your
case, the BIC selection is probably not the best solution.
hth,
Z
Thanking You
Ayanendu Sanyal
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