Levin, Andrew T. (contributor); … - 2003 - [Elektronische Ressource], rev
12
See Bai (1994, 1997) for the theory of least-squares break date estimation.
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3.3 Bayesian Model Comparison
As … intercept at an unknown date using a formal Bayesian model comparison.
This is performed using the Bayes factor, BF, that is … Bayesian model comparison described
in the previous section are remarkably uniform in revealing structural shifts in inflation …