I am running panel data and am interested in the presence of structural breaks.
I would like to plot a graph with Year in the x-axis and "probability" of structural break in the y-axis. Said "probability" I guess could come in the form of chi-squared or p-values - basically the output of a Chow test or something of the sort. The image below is a useful reference similar to what I'm looking for.
Any ideas of how this could be done?
Thank you!
I would like to plot a graph with Year in the x-axis and "probability" of structural break in the y-axis. Said "probability" I guess could come in the form of chi-squared or p-values - basically the output of a Chow test or something of the sort. The image below is a useful reference similar to what I'm looking for.
Any ideas of how this could be done?
Thank you!
