Bauwens, Luc (contributor); Lubrano, Michel (contributor) - 2006
chain converges to draws of the joint posterior density of both ~y and . Conditionally on y and
~y, it is relatively easy …. They induce a feasible sample separation. We used 10 000 draws plus 1 000 for
warming up the chain. Convergence was checked … final results were obtained with 20 000 draws of the Gibbs sampler (5 000 draws were
discarded for warming up the chain …