Table 1.

Posterior percentiles (50%, 2.5%, and 97.5%) estimated for the parameters in different model specifications

True parameter	Lower triangular setting	General factor loadings
		Increasing ϕk	Decreasing ϕk
β1 = 5	4.77 (1.22, 7.49)	5.00 (3.29, 6.98)	5.58 (3.77, 7.85)
β2 = 10	10.38 (8.65, 12.73)	10.15 (8.38, 11.60)	9.68 (7.73, 11.16)
C(0)1,1 = 10	8.59, (4.76, 15.08)	10.82 (6.53, 18.54)	10.65 (6.23, 17.66)
C(0)2,1 = −4	−5.64 (−9.99, −2.93)	−5.34 (−10.84, −1.82)	−5.11 (−9.88, −1.67)
C(0)2,2 = 8	12.17 (6.76, 17.54)	12.99 (7.15, 19.43)	12.83 (7.15, 18.42)
Ψ1 = 2	3.65 (2.61, 4.88)	2.30 (1.19, 3.66)	2.35 (1.15, 3.55)
Ψ2 = 5	3.27 (0.97, 8.38)	3.33 (1.06, 7.99)	3.21 (0.99, 7.99)
ϕ1 = 0.1	0.06 (0.05, 0.12)	0.07 (0.05, 0.13)	0.07 (0.05, 0.14)
ϕ2 = 0.6	0.95 (0.25, 2.15)	1.17 (0.52, 2.58)	1.15 (0.49, 2.44)
Λ1,1 = 3	2.93 (2.18, 3.88)	3.11 (2.32, 4.15)	3.07 (2.31, 4.06)
Λ1,2 = −2	−1.93, (−2.80, −1.17)	−2.53 (−3.42, −1.79)	−2.48 (−3.33, −1.68)
Λ2,1 = 1	Fixed at 0	1.02 (0.56, 1.68)	1.01 (0.55, 1.78)
Λ2,2 = 2	2.89, (1.84, 3.47)	2.57 (1.33, 3.22)	2.60 (1.34, 3.23)