### Approaches Toward the Bayesian Estimation of the Stochastic Volatility Model with Leverage. (arXiv:1901.11491v2 [stat.CO] UPDATED)

The sampling efficiency of MCMC methods in Bayesian inference for stochastic volatility (SV) models is known to highly depend on the actual parameter values, and the effectiveness of samplers based on different parameterizations varies significantly. We derive novel algorithms for the centered and the non-centered parameterizations of the practically highly relevant SV model with leverage,…