total number of iterations = 20000 burn-in iterations = 10000 true beta1 0.000 true beta2 2.000 true sig2s 1.000 true sig2s 0.500 true regime probs 0.400 true regime probs 0.600 Output table for beta1 mean std p(>0) nse IEF m* cd 2.013 0.024 1.000 0.002 82.520 121.182 -0.024 Output table for beta2 mean std p(>0) nse IEF m* cd 0.035 0.059 0.723 0.006 94.748 105.543 -0.012 Output table for sig2s mean std p(>0) nse IEF m* cd 0.486 0.018 1.000 0.001 49.491 202.056 0.051 0.965 0.058 1.000 0.005 60.533 165.198 0.034 Output table for cp mean std p(>0) nse IEF m* cd 0.588 0.019 1.000 0.002 94.683 105.615 0.012 0.412 0.019 1.000 0.002 94.683 105.615 -0.012 Time elapsed in minutes 26.179