Bijwaard, G.E.; Franses, Ph.H.B.F. - Erasmus University Rotterdam, Econometric Institute - 2006
consist of wallet contents for three cross sections of individuals. We propose a multivariate Poisson- log Normal model to … denomination; Multivariate Poisson–log Normal;
maximum simulated likelihood;
JEL code: E51, C35, C15.
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1 Introduction
January 1 …
correlations (which are not necessarily positive).
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4 The Multivariate Poisson–log Normal model
The standard and most simple …
