Available are convergence plots for the estimated fixed effects model parameters and the residual variance of the linear or linear mixed regression model. If the Box-Cox transformation is used for the transformation of the dependent variable, a convergence plot of the transformation parameter lambda is also available. In each of the convergence plots, the estimated parameter is plotted against the iteration step of the SEM-algorithm. A vertical line indicates the end of the burn-in period. Furthermore, the estimated density of the simulated dependent variable from the last iteration step is plotted with a histogram of the interval censored true dependent variable in the back.
# S3 method for sem
plot(x, ...)
optional arguments passed to generic function.
Convergence and density plots.
Walter, P., Gross, M., Schmid, T. and Tzavidis, N. (2017). Estimation of Linear and Non-Linear Indicators using Interval Censored Income Data. School of Business & Economics, Discussion Paper.