tobit.lambda.log.full.cond {spate}

Full conditional for transformation parameter lambda.

Description

Full conditional for transformation parameter lambda of the Tobit model. This is used in the Metropolis-Hastings step of the MCMC algorithm.

Usage

tobit.lambda.log.full.cond(y, z, tau2, lambda)

Arguments

y

Observed data.

z

Latent Gaussian variable.

tau2

Value of variance (corresponds to nugget effect).

lambda

Value of transformation parameter lambda.

Value

Value of evaluated full conditional for transformation parameter lambda.

Author(s)

Fabio Sigrist