Bauwens, Luc (contributor); Storti, G. (contributor) - 2007
been performed. The conver-
gence of the chain has been assessed by using cumsum diagrams. A simple visual inspection of …, only the second half of the chain is used for inference while
the flrst 5000 draws are discarded. Difierently, for the t … model (flgure 4), since the chain is
converging more slowly than in the normal case, it is necessary to increase the number …