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pmpp (version 0.1.1)

post_mean_lambda_par: Provide posterior means of lambda_i's based on the Parametric Posterior Mean estimator with correlated random coefficients

Description

Provide posterior means of lambda_i's based on the Parametric Posterior Mean estimator with correlated random coefficients

Usage

post_mean_lambda_par(lambda0, sigma2, mmu, ww2_lambda, W, aux_Y0)

Arguments

lambda0

initial estimate of lambdas

sigma2

variance of the shocks

mmu

auxiliary result (mean)

ww2_lambda

auxiliary result (lambda times ww2)

W

cross-sectionally invariant variables - not used now

aux_Y0

auxiliary matrix with initial observations of the dependent variable