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Using the BACC Software for Bayesian Inference

William McCausland ()

No 833, Computing in Economics and Finance 1999 from Society for Computational Economics

Abstract: The BACC software provides its users with tools for Bayesian Analysis, Computation, and Communications. A new version of the software, described here, implements these tools as extensions to popular mathematical applications such as GAUSS or MATLAB. The user has available, within the application, special-purpose commands for posterior simulation and related tasks alongside familiar built-in commands for matrix computation, graphics, program flow control, and I/O. Examples illustrate the use of the software within GAUSS. Several models are currently available, including a normal linear model. Developers can extend the software by specifying new models.

Date: 1999-03-01
New Economics Papers: this item is included in nep-ecm
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More papers in Computing in Economics and Finance 1999 from Society for Computational Economics CEF99, Boston College, Department of Economics, Chestnut Hill MA 02467 USA. Contact information at EDIRC.
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