Paap, R.; Dijk, A. van - Erasmus University Rotterdam, Econometric Institute - 2006
explanatory variables, mixture regression, Bayesian analy-
sis, Markov Chain Monte Carlo
⁄We thank Dennis Fok, Philip Hans Franses … aggregated level. In case of one explanatory variable, the
model simplifles to a mixture regression. A simple simulation … the aggregated information to estimate fl is to con-
sider a mixture regression, see Quandt and Ramsey (1978); Everitt and …