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Hi there, I estimated a MSTVTP model, but the result for the transition matrix part is very odd. The coefficients are very large, like 4.4, -30.2,-5.4 and 52.5. I understand the model is not really fit with the data but I just want to know how to explain these parameters are >1. If they are the prob...

hi,

thanks for this useful add in.
could you provide some examples for use it? I was using JMulTI to estimate STR but it can't forecast, I suppose yours could do it. but it doesn't work to estimate by myself.