A Review of the `BMS' Package for R
This paper describes the relative merits and attractiveness of the newest Bayesian model averaging package, BMS, available in the statistical software R to implement a Bayesian model averaging exercise. This package provides the user with a wide range of customizable priors for conducting a BMA analysis, provides ample graphs to visualize the results and offers several alternative model search mechanisms.
|Date of creation:||2011|
|Publication status:||Forthcoming: Working|
|Contact details of provider:|| Postal: P.O. Box 248126, Coral Gables, FL 33124-6550|
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Web page: http://www.bus.miami.edu/faculty-and-research/academic-departments/economics/index.html
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