Amini, Shahram; Parmeter, Christopher F. - In: Econometrics 8 (2020) 1, pp. 1-21
We provide a general overview of Bayesian model averaging (BMA) along with the concept of jointness. We then describe the relative merits and attractiveness of the newest BMA software package, BMS, available in the statistical language R to implement a BMA exercise. BMS provides the user a wide...