bqror: Bayesian quantile regression for ordinal models

In bqror: Bayesian Quantile Regression for Ordinal Models

Description

Provides functions for estimating Bayesian quantile regression for ordinal models, calculating covariate effects, and computing measures for model comparison. Specifically, the package offers two estimation functions - one for an ordinal model with more than three outcomes. For each ordinal model, the package provides functions to calculate the covariate effect using the MCMC outputs. The package also computes marginal likelihood (recommended) and the Deviance Information Criterion (DIC) for comparing alternative quantile regression models. Besides, the package also contains functions for making trace plots of MCMC draws and other functions that aids the estimation or inference of quantile ordinal models.

Details

Package: bqror

Type: Package

Version: 1.2.0

License: GPL (>=2)

Package bqror provides the following functions:

• For an Ordinal Model with three outcomes:

quantreg_or2, drawlatent_or2, drawbeta_or2, drawsigma_or2, drawnu_or2, deviance_or2, qrnegLogLike_or2, rndald, traceplot_or2, infactor_or2, covariateEffect_or2,logMargLikelihood_or2

• For an Ordinal Model with more than three outcomes:

quantreg_or1, qrminfundtheorem, qrnegLogLikensum_or1, drawbeta_or1, draww_or1, drawlatent_or1, drawdelta_or1, deviance_or1, alcdfstd, alcdf, traceplot_or1, infactor_or1, covariateEffect_or1, logMargLikelihood_or1

Author(s)

Mohammad Arshad Rahman

Prajual Maheshwari <[e-mail]>

References

Rahman, M. A. (2016). “Bayesian Quantile Regression for Ordinal Models.” Bayesian Analysis, 11(1): 1-24. DOI: 10.1214/15-BA939

Yu, K., and Moyeed, R. A. (2001). “Bayesian Quantile Regression.” Statistics and Probability Letters, 54(4): 437–447. DOI: 10.1016/S0167-7152(01)00124-9

Koenker, R., and Bassett, G. (1978).“Regression Quantiles.” Econometrica, 46(1): 33-50. DOI: 10.2307/1913643

Greenberg, E. (2012). “Introduction to Bayesian Econometrics.” Cambridge University Press. Cambridge, DOI: 10.1017/CBO9781139058414

See Also

rgig, mvrnorm, ginv, rtruncnorm, mvnpdf, rinvgamma, mldivide, rand, qnorm, rexp, rnorm, std, sd, acf, Reshape, setTkProgressBar, tkProgressBar, dinvgamma

bqror documentation built on Sept. 28, 2021, 5:07 p.m.