Article ID Journal Published Year Pages File Type
5059865 Economics Letters 2012 4 Pages PDF
Abstract
► Two ways to calculate the marginal likelihood for the structural breaks model. ► The Bayesian methods can identify structural breaks correctly. ► The Gelfand-Dey method is as efficient as the Chib method.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Marginal likelihood calculation for the Gelfand-Dey and Chib methods
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