make.breaklist {MCMCpack} | R Documentation

## Vector of break numbers

### Description

This function generates a vector of break numbers using the output of `testpanelSubjectBreak`. The function performs a pairwise comparison of models using Bayes Factors.

### Usage

    make.breaklist(BF, threshold = 3)

### Arguments

`BF` | output of `testpanelSubjectBreak`.
`threshold` | The Bayes Factor threshold to pick the best model. If a Bayes factor of two models is smaller than `threshold`, the model with a smaller number of break is chosen to avoid the over-identification problem. Users can change threshold into any positive number. The default value of 3 is chosen as it indicates the existence of "substantial evidence" in favor of the model in the numerator according to Jeffreys' scale.

### Value

Vector fo break numbers.

### References

Jong Hee Park, 2012. “Unified Method for Dynamic and Cross-Sectional Heterogeneity: Introducing Hidden Markov Panel Models.” American Journal of Political Science.56: 1040-1054. <doi: 10.1111/j.1540-5907.2012.00590.x>

Harold Jeffreys, 1961. The Theory of Probability. Oxford University Press.

### See Also

`testpanelSubjectBreak`

[Package MCMCpack version 1.5-0 Index]