eandoh-del/Python_Code_-Regime-Switching_Ornstein-Uhlenbeck-model

This contains the python code for my MSc thesis at AIMS Ghana on rainfall regime modelling and drought risk in northern Ghana using a two-state Hidden Markov regime-switching Ornstein--Uhlenbeck model. The project estimates drought probabilities and actuarially fair drought insurance premiums from GMet and CHIRPS rainfall data. # Python_Code_-Regime-Switching_Ornstein-Uhlenbeck-model This contains the python code for my MSc thesis at AIMS Ghana on rainfall regime modelling and drought risk in northern Ghana using a two-state Hidden Markov regime-switching Ornstein--Uhlenbeck model. The project estimates drought probabilities and actuarially fair drought insurance premiums from GMet and CHIRPS rainfall data.