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Bayesian analysis provides a convenient setting for the estimation of complex generalized additive regression models (GAMs). Since computational power has tremendously increased in the past decade it is now possible to tackle complicated inferential problems, e.g., with Markov chain Monte Carlo...
Persistent link: https://www.econbiz.de/10011662172
Bayesian analysis provides a convenient setting for the estimation of complex generalized additive regression models (GAMs). Since computational power has tremendously increased in the past decade it is now possible to tackle complicated inferential problems, e.g., with Markov chain Monte Carlo...
Persistent link: https://www.econbiz.de/10011613193
squared returns. The parameters of some restricted score driven SV models can be estimated adequately using a MCMC procedure …
Persistent link: https://www.econbiz.de/10010940765