Efficient simulation and integrated likelihood estimation in state space models

Date

2009

Authors

Chan, Chi Chun (Joshua)
Jeliazkov, Ivan

Journal Title

Journal ISSN

Volume Title

Publisher

Inderscience Publishers

Abstract

We consider the problem of implementing simple and efficient Markov chain Monte Carlo (MCMC) estimation algorithms for state space models. A conceptually transparent derivation of the posterior distribution of the states is discussed, which also leads to

Description

Keywords

Keywords: Banded matrix; Bayesian estimation; Collapsed sampler; Dynamic factor model; Kalman filter; Markov chain Monte Carlo; MCMC; State smoothing; Time-varying parameter model

Citation

Source

International Journal of Mathematical Modelling and Numerical Optimisation

Type

Journal article

Book Title

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License Rights

Restricted until

2037-12-31