Search Results - subject:"bayesian analysis"

Inflation and Productivity in Europe: An Empirical Investigation

Tsionas, Efthymios - In: Empirica 30 (2003) 1, pp. 39-62

Persistent link: https://www.econbiz.de/10005719027

Bayesian analysis of Markov Modulated Bernoulli Processes

Özekici, S.; Soyer, R. - In: Computational Statistics 57 (2003) 1, pp. 125-140

present Bayesian analysis of failure data and illustrate how reliability predictions can be obtained. Copyright Springer …

Persistent link: https://www.econbiz.de/10010759297

Comment on 'To Criticize the Critics,' by Peter C. B. Phillips

Sims, Christopher A. - Cowles Foundation for Research in Economics, Yale University - 1991

In his paper "To Criticize the Critics" (1991), Peter Phillips discusses Bayesian methodology for time series models. The main point that Uhlig and I set out to make, however, was that careful consideration of the implications of the likelihood principle suggests that much of the recent work...

Persistent link: https://www.econbiz.de/10005463934

Time Series Modelling with a Bayesian Frame of Reference: 1. Concepts and Illustrations

Phillips, Peter C.B.; Ploberger, Werner - Cowles Foundation for Research in Economics, Yale University - 1991

This paper offers a general approach to time series modeling that attempts to reconcile classical and methods. The central idea put forward to achieve reconciliation is that the Bayesian approach relies implicitly a frame of reference for the data generating mechanism that is quite different...

Persistent link: https://www.econbiz.de/10005087400

The Long-Run Australian Consumption Function Reexamined: An Empirical Exercise in Bayesian Influence

Phillips, Peter C.B. - Cowles Foundation for Research in Economics, Yale University - 1991

This paper reports an empirical application of new Baynesian methodology to Australian data on consumption, income, liquid assets and inflation. The methods involve the use of objective model based reference priors and objective posterior odds test criteria. The paper provides an overview of...

Persistent link: https://www.econbiz.de/10005634716

Bayesian Routes and Unit Roots: de rebus prioribus semper est disputandum

Phillips, Peter C.B. - Cowles Foundation for Research in Economics, Yale University - 1991

Objective Bayesian Analysis of Stochastic Trends": Gary Koop and Mark Steel; Edward Leamer; In-Moo Kim and G.S. Maddala Dale J …. This reply puts new emphasis on the call made in the earlier paper for objective Bayesian analysis in time series; it … methodology of Bayesian analysis developed in a recent paper by Phillips-Ploberger (1991). Some new simulations that shed light on …

Persistent link: https://www.econbiz.de/10005634750

Learning by Doing as a Propagation Mechanism

Chang, Yongsung; Gomes, Joao; Schorfheide, Frank - EconWPA - 2002

This paper suggests that skill accumulation through past work experience, or ``learning-by-doing'' (LBD), can provide an important propagation mechanism in a dynamic stochastic general equilibrium model, as the current labor supply affects future productivity. Our econometric analysis uses a...

Persistent link: https://www.econbiz.de/10005076683

Adaptive Estimation of the Dynamic Linear Model with Fixed Effects

Woutersen, Tiemen; Voia, Marcel - University of Western Ontario, Department of Economics - 2002

This paper shows how the dynamic linear model with fixed regressors can be efficiently estimated. This dynamic model can be used to distinguish spurious correlation from state dependence and we show that the integrated likelihood estimator is adaptive for any asymptotics with T increasing where...

Persistent link: https://www.econbiz.de/10005212385

To Criticize the Critics: An Objective Bayesian Analysis of Stochastic Trends

Phillips, Peter C.B. - Cowles Foundation for Research in Economics, Yale University - 1990

Bayesian analysis of unit roots. Our approach is also Bayesian but we employ objective ignorance priors not flat priors in our …

Persistent link: https://www.econbiz.de/10005762668

A Bayesian analysis of finite mixtures in the LISREL model

Zhu, Hong-Tu; Lee, Sik-Yum - In: Psychometrika 66 (2001) 1, pp. 133-152

Persistent link: https://www.econbiz.de/10005603507