Search Results - subject:"Bayesian averaging"

Bayesian averaging of classical estimates in forecasting macroeconomic indicators with application of business survey data

Białowolski, Piotr; Kuszewski, Tomasz; Witkowski, Bartosz - In: Empirica 41 (2014) 1, pp. 53-68

survey data. Our methodology is based on the Bayesian averaging of classical estimates method. Additionally, we examine the …

Persistent link: https://www.econbiz.de/10010990131

The application of Bayesian model averaging in assessing the impact of the regulatory framework on economic growth

Próchniak, Mariusz; Witkowski, Bartosz - In: Baltic Journal of Economics 14 (2014) 1-2, pp. 159-180

The paper aims to assess the impact of regulations (measured by the Fraser Institute index of economic freedom) on economic growth in the world as well as in EU and post-socialist countries. The method of the analysis is based on growth regressions where economic freedom is included in the set...

Persistent link: https://www.econbiz.de/10011246183

Bayesian averaging of classical estimates in forecasting macroeconomic indicators with application of business survey data

Białowolski, Piotr; Kuszewski, Tomasz; Witkowski, Bartosz - In: Empirica : journal of european economics 41 (2014) 1, pp. 53-68

Persistent link: https://www.econbiz.de/10010437231

Colombian Growth Determinants: What Do We Really Know?

JIMÉNEZ, Juan Ricardo PERILLA - DEPARTAMENTO NACIONAL DE PLANEACIÓN - 2007

Bayesian Model Averaging of Classical Estimates (BACE) approach is undertaken to analyze the short and long run determinants of Colombian economic growth in the context of time series. The methodological approach uses an Auto Regressive Distributed Lag (ARDL) scheme to derive the short and long...

Persistent link: https://www.econbiz.de/10005768326

Robustness Procedures in Economic Growth Regression Models

Mapa, Dennis S.; Briones, Kristine Joy S. - Volkswirtschaftliche Fakultät, … - 2007

extreme bound analysis (EBA) and Bayesian Averaging of Classical Estimates (BACE) were applied to fifteen determinants of …

Persistent link: https://www.econbiz.de/10008541491

Robustness procedures in economic growth regression models

Mapa, Dennis S.; Briones, Kristine Joy S. - In: Philippine Review of Economics 44 (2007) 2, pp. 71-84

extreme bound analysis and the Bayesian averaging of classical estimates were applied to 15 determinants of income growth from …

Persistent link: https://www.econbiz.de/10008677426

A Bayesian Method of Forecast Averaging: An Application to the Expectations Survey of BCRA

Elosegui, Pedro; Lepone, Francisco; McCandless, George - In: Ensayos Económicos 1 (2006) 45, pp. 95-119

is how to determine these weights. In this paper, we develop a Bayesian averaging method that can estimate those weights …. The aggregate forecasts that come from our Bayesian averaging provides statistically better forecasts than the mean, the …

Persistent link: https://www.econbiz.de/10010551947

A Bayesian Method of Forecast Averaging for Models Known Only by Their Historic Outputs: An Application to the BCRA´s REM

Elosegui, Pedro; Lepone, Francisco; McCandless, George - Banco Central de la República Argentina - 2006

better aggregate forecast. The problem is how to determine these weights. In this paper, we develop a Bayesian averaging … method that can do that well. The aggregate forecasts that come from our Bayesian averaging provides statistically better …

Persistent link: https://www.econbiz.de/10010552026

Time stability of the beta convergence among EU countries: Bayesian model averaging perspective

Próchniak, Mariusz; Witkowski, Bartosz - In: Economic Modelling 30 (2013) C, pp. 322-333

This paper analyzes the time stability of the GDP beta convergence in two subsamples: EU27 countries during 1993–2010 and EU15 during 1972–2010. Additionally, the article checks for the strength and stability of influence of particular economic growth factors. In order to address the problem...

Persistent link: https://www.econbiz.de/10011048966

Time stability of the beta convergence among EU countries : Bayesian model averaging perspective

Próchniak, Mariusz; Witkowski, Bartosz - In: Economic modelling 30 (2013), pp. 322-333

Persistent link: https://www.econbiz.de/10009703631