factorstochvol (version 1.1.0)
Bayesian Estimation of (Sparse) Latent Factor Stochastic
Volatility Models
Description
Markov chain Monte Carlo (MCMC) sampler for fully Bayesian estimation of latent factor stochastic volatility models with interweaving . Sparsity can be achieved through the usage of Normal-Gamma priors on the factor loading matrix .