Paap, R.; Dijk, A. van - Erasmus University Rotterdam, Econometric Institute - 2006
. Parameter estimates can be obtained using maximum likelihood or a Bayesian approach. We illustrate the approach estimating the … aggregate level. Parameter estimates can
be obtained using maximum likelihood or a Bayesian approach. We illustrate the
approach … explanatory variables, mixture regression, Bayesian analy-
sis, Markov Chain Monte Carlo
⁄We thank Dennis Fok, Philip Hans Franses …