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Figure A3 (continuation). MCMC univariate convergence diagnostics

psi (Interval)

psi (m2)

psi (m3)

0.7

0.08

0.03

0.6

0.06

0.02

0.5

0.04

0.01

2

4

6

8

10 x 104

2

4

6

8

10 x 104

2

4

6

8

10 x 104

mu (Interval)

mu (m2)

mu (m3)

0.8

0.1

0.06

0.08

0.04

0.6

0.06

0.02

0.4

0.04

0

2

4

6

8

10 x 104

2

4

6

8

10 x 104

2

4

6

8

10 x 104

phi (Interval)

x 10-3

phi (m2)

x 10-3

phi (m3)

0.35

12

2

0.3

10

1.5

0.25

8

1

0.2

6

0.5

2

4

6

8

10 x 104

2

4

6

8

10 x 104

2

4

6

8

10 x 104

Note: Univariate convergence diagnostics (Brooks and Gelman, 1998). The first, second and third columns are the criteria based on the eighty percent interval, the second and third moments, respectively. Univariate diagnostics for the shocks are available upon request.

56

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