A multi-move sampler for estimating non-Gaussian time series models: Comments on Shephard & Pitt (1997)

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Abstract

This note points out a problem in the multi-move sampler as proposed by Shephard & Pitt (1997) and provides an alternative correct formulation. © 2004 Biometrika Trust.

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Watanabe, T., & Omori, Y. (2004). A multi-move sampler for estimating non-Gaussian time series models: Comments on Shephard & Pitt (1997). Biometrika, 91(1), 246–248. https://doi.org/10.1093/biomet/91.1.246

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