Parameter

State 1

State 2

State 3

State 4

$\mu$

−0.0368

−0.0001

−0.0008

0.0460

$\varphi$

0.9663

0.7166

0.7784

0.9699

$\sigma$

4.8551

14.4947

8.2678

0.0933

Total (n)

660

512

377

723

ESS

330.8861

211.0747

182.6429

693.7399