MLE estimation of the disequilibrium model of Maddala & Nelson (1974)

The code was written by Péter Lang and Martin Stancsics for a one-off project. It is provided as is, without much in the way of documentation or error handling. Nevertheless, it should be possible to use the code as a starting point for other implementations of the disequilibrium model.

Contents:

• The file diseq_maxim.R contains the functions for the MLE estimation of the disequilibrium model. In a perfect world, this would be a package with nice documentation.
• The folder examples contains example applications of the code to simulated data.
• The folder application contains the data used in the examples.