Search Results - subject:"bayesian estimation"

Identification of prior information via moment-matching

Sacht, Stephen - 2014

estimates evaluated via MM and consider them as prior mean values of the parameters within Bayesian estimation. We show that …In this paper we apply a sensitivity analysis regarding two types of prior information considered within the Bayesian … estimation of a standard hybrid New-Keynesian model. In particular, we shed a light on the impact of micro- and macropriors on …

Persistent link: https://www.econbiz.de/10010234025

Bayesian analysis of dynamic factor models : an ex-post approach towards the rotation problem

Aßmann, Christian; Boysen-Hogrefe, Jens; Pape, Markus - 2014

Due to their indeterminacies, static and dynamic factor models require identifying assumptions to guarantee uniqueness of the parameter estimates. The indeterminacy of the parameter estimates with respect to orthogonal transformations is known as the rotation problem. The typical strategy in...

Persistent link: https://www.econbiz.de/10010238913

The new Keynesian DSGE model and alternative monetary policy rules in the Czech Republic

Bouda, Milan - In: Acta oeconomica Pragensia : vědecký časopis Vysoke … 22 (2014) 1, pp. 41-55

Persistent link: https://www.econbiz.de/10010401217

Business cycles in emerging markets : the role of liability dollarization and valuation effects

Notz, Stefan; Rosenkranz, Peter - 2014

Understanding differences in business cycle phenomena between Emerging Market Economies (EMEs) and industrialized countries has been at the center of recent research on macroeconomic fluctuations. The purpose of this paper is to investigate the importance of certain credit market imperfections...

Persistent link: https://www.econbiz.de/10010402774

A simple method estimating preference parameters for individuals

Frischknecht, Bart D.; Eckert, Christine; Geweke, John; … - In: International journal of research in marketing : IJRM ; … 31 (2014) 1, pp. 35-48

Persistent link: https://www.econbiz.de/10010370712

Analysis on recent changes in the covered interest rate parity condition

Kim, Jung Sung; Kang, Kyu Ho - In: Han gug gae bal yeon gu 36 (2014) 2, pp. 103-136

Persistent link: https://www.econbiz.de/10010378386

Analysis on Korean economy with an estimated DSGE model after 2000

Kim, Tae Bong - In: Han gug gae bal yeon gu 36 (2014) 2, pp. 1-64

Persistent link: https://www.econbiz.de/10010378389

Time-varying fiscal policy in the US

Pereira, Manuel Coutinho; Lopes, Artur C. B. da Silva - In: Studies in nonlinear dynamics and econometrics : SNDE ; … 18 (2014) 2, pp. 157-184

Persistent link: https://www.econbiz.de/10010347317

A direct and full-information estimation of the distribution of skill in the mutual fund industry

Andrikogiannopoulou, Angie; Papakonstantinou, Filippos - 2014

We propose a novel methodology that jointly estimates the proportions of skilled/unskilled funds and the cross-sectional distribution of skill in the mutual fund industry. We model this distribution as a three-component mixture of a point mass at zero and two components — one negative, one...

Persistent link: https://www.econbiz.de/10010412658

Effectiveness of monetary policy in Korea due to time varying monetary policy stance

Kim, Tae Bong - In: Han gug gae bal yeon gu 36 (2014) 3, pp. 1-23

Persistent link: https://www.econbiz.de/10010415770