Dynamic Hierarchical Factor Model
Application in Marketing:
UNDER THE PRESSURE OF A PRICE WAR, HOW DOES BRANDS’ PRICE
PROMOTION ADJUST ACCORDINGLY
Student: Yuxuan Yang
ECONOMETRIC MODEL
DYNAMIC HIERARCIAL FACTOR MODEL
(DHFM)
MODEL (FAVAR)
FACTOR AUGMENTED VECTOR AUTOREGRESSIVE
List of Brands and Hierarchical Classification
Level 4 Level 3 Level 2 Level 1(Z)