Search Results - subject:"Loss function"

One who hesitates is lost : monetary policy under model uncertainty and model misspecification

Ajevskis, Viktors - 2024

Persistent link: https://www.econbiz.de/10015158303

Reading between the lines: Uncovering asymmetry in the central bank loss function

Haavio, Markus; Heikkinen, Joni; Jalasjoki, Pirkka; … - 2024

the loss function. We find strong and robust evidence of asymmetry in the case of the European Central Bank during 1999 …-2021: the slope of the loss function was roughly three times steeper when inflation exceeded the target compared to when it was … below the target. This represents a significant departure from the quadratic and symmetric monetary policy loss function …

Persistent link: https://www.econbiz.de/10014556406

A Bayesian inference to estimate change point for traffic intensity in M/M/1 queueing model

Singh, Saroja Kumar; Acharya, Sarat Kumar - In: Opsearch : journal of the Operational Research Society … 59 (2022) 1, pp. 166-206

Persistent link: https://www.econbiz.de/10013172055

Bayesian estimation of fertility rates under imperfect age reporting

Verma, Vivek; Nath, Dilip C.; Dwivedi, S. N. - In: Statistics in transition : an international journal of … 24 (2023) 2, pp. 39-57

This article outlines the application of the Bayesian method of parameter estimation to situations where the probability of age misreporting is high, leading to transfers of an individual from one age group to another. An essential requirement for Bayesian estimation is prior distribution,...

Persistent link: https://www.econbiz.de/10015052094