Koop, Gary (contributor); Potter, Simon M. (contributor) - 2007
the third section of this paper, we describe such a posterior simulation algorithm for an
empirically …
and prediction are available. In this paper, we apply Bayesian methods using a Markov
Chain Monte Carlo (MCMC) algorithm …)
provide convincing evidence that this algorithm, since it draws directly from the posterior
conditional for , is much more e …